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Poppleton Cooperative: Low income families who had endured deteriorating living conditions in W. Baltimore’s Poppleton neighborhood will now be able to enjoy its resurgence. Poppleton Cooperative will be rehabilitated and redeveloped into 111 quality rental homes affordable to very low-income families and seniors. A complicated mix of stimulus funding sources have proven critical to the success of the financing.
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The Latest News and Resources
17 November 2011 House and Senate Agree on FY2012 HUD Spending Bill
The House and Senate have agreed on a FY2012 Transportation-Housing and Urban Development (THUD) spending bill that includes several affordable housing preservation provisions. The THUD appropriations bill is included in the "Mini-Bus Appropriations" package which will also include year-long funding for the Departments of Agriculture and Commerce.
CLICK HERE for a summary of some of the highlights from the THUD Conference Report.
11 November 2011 National Housing Trust Meets with Federal Reserve Chairman Ben Bernanke to Discuss the Importance of Affordable Multifamily Rental Housing
Michael Bodaken of the National Housing Trust and NHT board members Sheila Crowley (National Low Income Housing Coalition) and Brian Hudson (Pennsylvania Housing Finance Agency) met with Chairman Ben Bernanke of the Federal Reserve and Governors Elizabeth Duke and Sarah Bloom on October 13th to highlight the importance of affordable multifamily rental housing in the U.S. market. CONTINUE READING >>
10 October 2011 Tenant Tenacity Saves Affordable Housing: Grand Opening of St. Dennis Apartments
On October 6th, D.C. Council Member Jim Graham joined residents, neighbors, and community developers to celebrate the Grand Opening of the St. Dennis Apartments in Washington, D.C.’s Mt. Pleasant neighborhood. Low income working families, many of whom had endured deplorable living conditions at the property, can now enjoy fully renovated, energy efficient affordable apartments. The preservation and renovation of the St. Dennis was made possible due to the tenacity of the Martinez family who refused to be forced from their neighborhood when their landlord sought to convert their apartment building to luxury condominiums. CONTINUE READING >>
19 September 2011 Utility-funded Energy Efficiency Programs: An Untapped Resource for Affordable Housing
Utility-funded energy efficiency programs are a significant and growing source of resources for building retrofits that remain largely untapped by the multifamily sector. Utility energy efficiency budgets totaled over $5.4 billion in 2010 and are likely to reach $12 billion by 2020. In several states,utilities are partnering with state housing agencies and affordable housing owners to develop successful multifamily energy efficiency retrofit programs.
CLICK HERE for a fact sheet with more information about utility-funded multifamily retrofit programs.
Our Affiliates The National Housing Trust preserves affordable homes and strengthens communities through three affiliated organizations: The National Housing Trust/Enterprise Preservation Corporation, The National Housing Trust Community Development Fund, and The Institute for Community Economics.
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