Rental Housing: Encouraging New Production

Recognizes programs that best support the new construction of affordable rental housing.

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 or call 202-624-7710.

2015 Winner

2015 Entries

Indiana Housing and Community Development Authority:
"RHTC Innovation Round"

RHTC Innovation Round

"Getting the Deal Done:  How One HFA Replaced 9% Credits with 4% Credits"

MassHousing's innovative use of 4% credits to produce more affordable housing with fewer resources.

Minnesota Housing (Winner):
"Encouraging New Production to Support a Thriving Workforce"

The Housing & Jobs Growth Initiative helps create workforce housing where economic growth has been hampered by lack of available affordable housing.

New York City Housing Development Corporation:
"Bifurcated Structures for 80/20 or Mixed-Income Financing"

HDC's utilization of a bifurcated structure in financing mixed-income developments to reduce volume cap need

Pennsylvania Housing Finance Agency:
"PHFA Innovation in Design Award Pushes the "Envelope" to Encourage Passive House in LIHTC Developments"

PHFA Innovation in Design Award Pushes the "Envelope" to encourage Passive House standards in multifamily affordable housing.