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.
The Latest News and Resources15 May 2013
NHT/E's Harvard House Apartments Re-Open in North Miami Beach
On March 19, NHT/E and Carrfour Supportive Housing celebrated the grant "re-opening" of Harvard Housing Apartments, a formerly distressed 56-unit affordable apartment complex in North Miami Beach. The $8 million redevelopment preservation was made possible through the support of HUD's Neighborhood Revitalization Program (NSP). To read more about this successful preservation project, click here.
26 April 2013
NHT Submits Letter to Congress Urging Full Funding for Project-Based Section 8 in FY14 Budget
In 2012, NHT submitted a letter to the House THUD Appropriators, urging increased funding for the Project-Based Section 8 program. The President's budget asks for $10.2 billion, which the Secretary pointed out, was insufficient to end short-funding in FY 2014 unless sequestration was eliminated. NHT urged the Appropriations Committee Chairman and Ranking Member to full fund this program to end the short funding strategy, reduce the likelihood of opt-outs and ensure the long-term stability of affordable rental housing that is supported by the funding. Click here to read the full letter.
22 April 2013
ICE Releases 2012 Annual Report
In 2012, ICE closed more than $2.3 million in new loans, and celebrated the financing of 56 shared-equity homes in Rhode Island, Oregon, and Vermont. ICE also increased its advocacy by working alongside the Bipartisan Policy Center, Opportunity Finance Network, and the National Community Land Trust Network to promote affordable homeownership through shared-equity and land trust housing. To learn more about ICE's recent successes, click here for the annual report.
28 March 2013
NHT and Partners Release Utility Action Guide for Multifamily Housing
NHT, along with the American Council for an Energy Efficient Economic (ACEEE), the National Consumer Law Center (NCLC), and D&R International have release a new action guide, "Partnering for Success: An Action Guide for Advancing Utility Energy Efficiency Funding for Multifamily Housing." The guide serves as tool for housing providers, state utilities, and energy advocates, offering solutions to policy and financial obstacles, best practices for collaboration amongst stakeholders, and best practices for implementing energy efficiency programs. Click here to read the full report.
26 February 2013
Bipartisan Policy Center Housing Commission Releases Housing Report
The Bipartisan Policy Center Housing Commission has released its report, "Housing America's Future: New Directions for National Policy." The report outlines the nation's housing challenges and offers policy recommendations to re-balance national housing policy including reforming the housing finance system, strengthening homeownership, and expanding affordable rental housing. Click here to read BPC Housing Commission's report.
7 January 2013
NHT's Michael Bodaken Offers Clear Case for Why Congress Needs to Protect Section 8 and Taxpayers
Click here to read NHT's op-ed in Roll Call.
12 December 2012
NHT Calls on Congress to Protect Project-Based Section 8 During Fiscal Cliff Talks
Click here to read press release.
17 October 2012
NHT and Green For All Join Together to Advance Energy Efficiency in Rural Affordable Housing
USDA's Rural Development office has proposed creating an energy efficiency and conservation loan program to assist rural electric utility cooperatives in reducing energy costs in rural homes and businesses. The program is expected to provide at least $215 million annually in low-cost capital to rural utility cooperatives. Click here to see NHT and Green For All's recommendations for improving the proposed program.
20 September 2012
NHT Marks Milestone: 25,000 Affordable Units Preserved
SAHF NHT, along with NHT/Enterprise Preservation Corporation, NHT Community Development Fund, and the Institute for Community Economics have marked a new milestone: more than 25,000 affordable homes preserved and the creation of 30,000 new jobs. Click here to see our interactive map showing where NHT has made an impact.
10 July 2012
Tools for Energy and Water Management in Affordable Housing
SAHF and Bright Power, Inc. in collaboration with Common Ground, Fordham Bedford Housing Corporation, St. Nicks Alliance and University Neighborhood Housing Program, have created a series of tools to help improve energy and water management and reduce costs, spending and environmental impacts over the long-term, while helping to preserve affordable properties. Visit SAHF's website to read about and download the tools. http://www.sahfnet.org/
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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