Rental Housing: Encouraging New Construction
Recognizes programs that best support the new construction of affordable rental housing.
Note: Individual developments are not eligible for an award.
Judging Criteria
Rental Housing entries will be judged on the degree to which they:
- Are innovative
- Are replicable
- Respond to an important state housing need
- Demonstrate measurable benefits to HFA targeted customers
- Have a proven track record of success in the marketplace
- Provide benefits that outweigh costs
- Demonstrate effective use of resources
- Effectively employ partnerships
- Achieve strategic objectives
If you have questions, please email awards@ncsha.org or call 202-624-7710.
2018 Winner
Connecticut Housing Finance Authority
MassHousing
2018 Entries
Connecticut Housing Finance Authority:
The Housing Connections Program of Connecticut
Works to increase the affordable housing supply in rural/suburban communities by supporting local initiatives.
Illinois Housing Development Authority:
IHDA/FHA Risk-Sharing Pass-Through Structure
Innovative risk-sharing structure creates financial benefits for HFAs, private lenders, and borrowers.
MassHousing:
Workforce Housing Program
MassHousing’s rental housing program with a $100 million commitment for the development of workforce housing.
Nebraska Investment Finance Authority:
Transformation of a Neighborhood: The Highlander Redevelopment Area
The redevelopment of a severely dilapidated neighborhood through strong community partnerships and investment.
New York City Housing Development Corporation:
A Federal Financing Bank (FFB)/Risk-Share Pilot Program for New Construction
An innovative financing program done in participation with the FFB and HUD’s FHA.
