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 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.