Rental Housing: Preservation and Rehabilitation
Recognizes programs that best preserve or rehabilitate 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.
2015 Winner
2015 Entries
Connecticut Housing Finance Authority:
"State-Sponsored Housing Portfolio Revitalization Initiative"
Providing affordable housing owners and residents innovative solutions to create sustainable, livable communities.
Illinois Housing Development Authority (Winner):
"Scattered Site Foreclosure Acquisition"
IHDA leveraged the nation's most successful housing tool to support strategic, geographically targeted stabilization efforts.
MassHousing:
"MassHousing - A Public/Private Partnership in the MAP Program"
MassHousing establishes a joint venture with private sector partners for MAP lending.
Michigan State Housing Development Authority:
"Creative Use of Historic Schools in Michigan"
Converting historic school buildings into affordable housing
Minnesota Housing:
"Publicly Owned Housing Program"
The Publicly Owned Housing Program provides no interest, deferred, forgivable loans to eligible entities to preserve publicly owned housing.
New York City Housing Development Corporation:
"Federal Financing Bank ("FFB") - Affordable Finance Program Pilot"
HDC's utilization of a bifurcated structure in financing mixed-income developments to reduce volume cap need
