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.
The Latest News and Resources
12 November 2013
NHT Resident Success Story Featured in New NDD Report on Sequestration Impacts
The Non-Defense Discretionary Coalition (NDD), comprised of human needs and services organizations across fields, focuses on saving funding programs that provide public service to the nation's most vulnerable populations. NDD Coalition's new report, "Faces of Austerity: How Budget Cuts Have Made Us Sicker, Poorer, and Less Secure," features a resident success story from NHT/Enterprise's own Hazel Hill property. To read the report and the story, click here.
1 October 2013
NHT/Enterprise Enrolls Uninsured Residents in Health Care Through ACA
The National Housing Trust/Enterprise Preservation Corporation
(NHT/Enterprise) is partnering with enrollment partners to host "open enrollment" for the Affordable Care Act (ACA) at NHT/E's properties. To read more about our open enrollment events, click here.
28 September 2013
NHT/Enterprise Recognized with Partners in Innovation Award
The National Housing Trust/Enterprise Preservation Corporation (NHT/Enterprise) was awarded the Partners in Innovation Award from Mercy Housing for its role in revitalizing the Pullman neighborhood in Chicago's South Side. To read more about NHT/Enterprise's accomplishment, click here.
27 September 2013
ICE Releases Fall 2013 Newsletter
In 2013, ICE has approved more than $2.5 million in financing. These funds will help support the construction of new homes for military veterans and prevent the displacement of tenants. In June, ICE provided financing to Habitat for Humanity in Washington DC to build new homes for veterans. To check out these stories and more news on ICE, click here.
24 September 2013
NHT & Green For All Release New Brief, "On-Bill Programs that Advance Multifamily Energy Efficiency"
There is significant energy saving potential in our nation's multifamily rental housing stock. But barriers, including lack of upfront capital and misaligned incentives, have restricted efficiency investments in this building sector. A promising strategy to overcome these challenges is on-bill repayment programs that allow customers to pay back the cost of energy efficiency improvements through their utility bills. In this brief, Green For All and the National Housing Trust highlight several examples of existing on-bill programs and pilots and identify consistent program and policy attributes across these initiatives. Click here to read the brief.
15 September 2013
HUD Releases New Report on Preservation of Affordable Rental Housing
In the Summer 2013 issues of Evidence Matters, HUD released a new report, "Preserving Affordable Rental Housing: A Snapshot of Growing Need, Current Trends, and Innovative Solutions." Highlights include trends in the national supply of affordable rental housing, the economic and social benefits of preservation, and innovation solutions federal, state, and local governments are using to preserve affordable rental housing in the public and private stock. To read, click here.
21 June 2013
NHT/E's Harvard House Apartments Re-Open in North Miami Beach
On March 19, NHT/E and Carrfour Supportive Housing celebrated the grant "re-opening" of Harvard Housing Apartments, a formerly distressed 56-unit affordable apartment complex in North Miami Beach. The $8 million redevelopment preservation was made possible through the support of HUD's Neighborhood Revitalization Program (NSP). To read more about this successful preservation project, click here.
26 April 2013
NHT Submits Letter to Congress Urging Full Funding for Project-Based Section 8 in FY14 Budget
In 2012, NHT submitted a letter to the House THUD Appropriators, urging increased funding for the Project-Based Section 8 program. The President's budget asks for $10.2 billion, which the Secretary pointed out, was insufficient to end short-funding in FY 2014 unless sequestration was eliminated. NHT urged the Appropriations Committee Chairman and Ranking Member to full fund this program to end the short funding strategy, reduce the likelihood of opt-outs and ensure the long-term stability of affordable rental housing that is supported by the funding. Click here to read the full letter.
22 April 2013
ICE Releases 2012 Annual Report
In 2012, ICE closed more than $2.3 million in new loans, and celebrated the financing of 56 shared-equity homes in Rhode Island, Oregon, and Vermont. ICE also increased its advocacy by working alongside the Bipartisan Policy Center, Opportunity Finance Network, and the National Community Land Trust Network to promote affordable homeownership through shared-equity and land trust housing. To learn more about ICE's recent successes, click here for the annual report.
28 March 2013
NHT and Partners Release Utility Action Guide for Multifamily Housing
NHT, along with the American Council for an Energy Efficient Economic (ACEEE), the National Consumer Law Center (NCLC), and D&R International have release a new action guide, "Partnering for Success: An Action Guide for Advancing Utility Energy Efficiency Funding for Multifamily Housing." The guide serves as tool for housing providers, state utilities, and energy advocates, offering solutions to policy and financial obstacles, best practices for collaboration amongst stakeholders, and best practices for implementing energy efficiency programs. Click here to read the full report.
The National Housing Trust preserves affordable homes and strengthens communities through three affiliated organizations: The National Housing Trust/Enterprise Preservation Corporation, The National Housing Trust Community Development Fund, and The Institute for Community Economics.
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