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State HFAs work actively to preserve affordable rental properties "at-risk" of being lost to the affordable housing inventory and offer financing to profit and not-for-profit developers to encourage the preservation of affordable housing in their states.

HFAs have made additional resources available to encourage such preservation and make sure that sellers are not financially disadvantaged by selling their property to an entity which intends to preserve it as affordable. As a 2015 Legislative Priority, NCSHA is seeking changes to existing housing programs and the creation of new ones to preserve existing affordable rental housing.
 
Useful Links: U.S. Department of Housing and Urban Development, National Housing Trust Preservation Resources

NCSHA Blog Posts

  • September 14, 2017
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    The U.S. Senate earlier today confirmed Pamela Patenaude’s nomination to serve as Deputy Secretary for Housing and Urban Development (HUD). The final vote approving Patenaude’s nomination was 80-17, with all Republicans and most Democrats voting in favor.

  • March 16, 2017
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    The Administration sent Congress this morning its Fiscal Year (FY) 2018 budget blueprint, “America First: A Budget Blueprint to Make America Great Again,” proposing deep cuts to the U.S. Department of Housing and Urban Development (HUD) and other federal agencies, with the exception of the Departments of Defense, Homeland Security, and Veterans Affairs, which would see funding increases.

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    Preservation - Resources

    • March 20, 2017

      Key Congressional Committee Rosters for NCSHA in the 115th Congress.

    • December 12, 2016
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      The National Council of State Housing Agencies (NCSHA) is a national nonprofit, nonpartisan organization created by the nation’s state Housing Finance Agencies (HFAs) to advance through advocacy and education their efforts to provide affordable housing to those who need it. NCSHA’s priorities, adopted annually by its Board of Directors after consultation with all state HFAs, set the agenda for NCSHA’s advocacy before Congress, the Administration, and the federal agencies concerned with housing, including HUD, USDA, and the Treasury, as well as its business activities.