Poppleton Cooperative: Low income families who had endured deteriorating living conditions in W. Baltimore’s Poppleton neighborhood will now be able to enjoy its resurgence. Poppleton Cooperative will be rehabilitated and redeveloped into 111 quality rental homes affordable to very low-income families and seniors. A complicated mix of stimulus funding sources have proven critical to the success of the financing.
9 May 2012 Senate Appropriations Committee Rejects Short Funding Section 8
In welcome news, the Senate Transportation and HUD (THUD) Appropriations Committee recently provided sufficient funding for all Section 8 contracts for 12 months... CONTINUE READING >>
28 March 2012 5 Reasons Why Short Funding Section 8 Contracts is Misguided
HUD's budget proposal for next year would "short fund" the Project-Based Section 8 program by over $1 billion. The bulk of this shortfall would be met by not funding housing contracts for a full 12 months. Here are 5 reasons why short funding Project-Based Section 8 contracts is misguided... CONTINUE READING >>
2 February 2012 HUD's Neighborhood Stabilization Program 2 Helps Preserve and Green Affordable Homes, Revitalize A Community
On December 20th, District of Columbia government leaders, residents, neighbors, and community developers gathered to celebrate the ground breaking of Copeland Manor in Washington, D.C.'s Marshall Heights neighborhood, marking the commencement of construction to fully renovate and energy retrofit the affordable apartments. Preserving and improving Copeland Manor will help reverse the decline of a neighborhood that has been beset by home foreclosures and property abandonment. CONTINUE READING >>
1 February 2012 How Does Affordable Housing Data Drive Policy? View a Recent Webinar
The National Housing Trust hosted a webinar that delved into three affordable housing database models, how they were developed, what has been accomplished and how they are being used to preserve affordable housing. The webinar included analysis on how these models might be adapted to other states and/or communities.
Shelterforce Magazine Features Transit-Oriented Preservation
Authored by NHT, the article highlights strategies nonprofit affordable housing developers can use to successfully preserve affordable rental housing near transit. CONTINUE READING>>
