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 or call 202-624-7710.

2016 Winner

2016 Entries

Arizona Department of Housing:
Bowman Senior Residences

Using Low-Income Housing Tax Credits to bring new life to Nogales, Arizona.

Kentucky Housing Corporation:
Winterwood Kentucky Portfolio

TEB with 4% Low Income Housing Tax Credit transaction which preserved 563 units of housing.

FFB Risk-Sharing Initiative

MassHousing works to expand the scope of HUD’s Risk-Sharing Program with the FBB Risk-Sharing Initiative.

Michigan State Housing Development Authority:
Turning a High School into Senior Apartments

Back to school: The stunning transformation of the Fremont High School into The Gateway.

New York City Housing Development Corporation:
Year 15 Resyndication Strategies for Scattered Site Portfolios

The strategy of pooling multiple buildings into a resyndicated portfolio to enhance HDC’s rehabilitation efforts.

Tennessee Housing Development Agency:
Creativity and Efficiency in Saving Rural Housing

Innovative bond finance techniques organized an efficient use of resources.

Virginia Housing:
Public Housing Transformation Partnership

A successful VHDA and PHA partnership that's planning for RAD changes while improving/preserving public housing.