Rental Housing: Preservation and Rehabilitation
Recognizes programs that best preserve or rehabilitate affordable rental housing.
Note: Individual developments are not eligible for an award.
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 email@example.com or call 202-624-7710.
Georgia Department of Community Affairs/Georgia Housing and Finance Authority:
Minimizing Displacement & Residents' Relocation Burden
Georgia DCA’s relocation policy and process improvements ensure residents of occupied properties can make informed decisions and minimizes the destabilizing effect inherent to moves, particularly of mandatory moves. The work also facilitates smoother implementation because of clear expectations of developers, all while enforcing compliance with federal and state regulations.
Rental Rehabilitation Deferred Loan, Rural Development RFP
The program was designed to address the needs of modest-sized rural buildings, generally containing between 12-30 units total, that have not competed well for other state resources such as low income housing tax credits. Recently, Minnesota Housing streamlined the RRDL program and launched a special request for proposals (RFP) in partnership with the local USDA office to focus specifically on the preservation of USDA RD projects with RD 515 mortgages and rental assistance.
New York City Housing Development Corporation:
HDC’s Partnership with NYCHA on PACT to Preserve Public Housing
HDC’s partnership with NYCHA on PACT program is helping to raise the funds for much-needed repairs, provide financial support to residents improving the quality of their lives in aging public housing and maintain public control of NYCHA buildings by creating public-private partnerships that convert NYCHA developments from Section 9 funding to more stable project-based Section 8 funding.
Virginia Housing and the state’s local public housing authorities – through the Virginia Association of Housing and Community Development Officials (VAHCDO) – have created a partnership to address challenges and identify actions to revitalize public housing communities within the constraints of scarce resources and a complex regulatory landscape.