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.
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 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
"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