HAI Group Blog

Insurance, Risk Management, and Professional Development Tips for the Affordable Housing Industry.

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3 Skills You Need to Be an Effective Manager in the Affordable Housing Industry

The micromanager. The workaholic. The narcissist. Chances are you’ve encountered at least one of these bad boss types in your career, so it might not come as a surprise to hear that organizations fail to hire the right candidate for a managerial position 82 percent of the time. On top of that, over the last few years, managers have been put through the wringer—they’ve had to endure a pandemic, find solutions to retain and attract talent during the Great Resignation, and keep employees engaged in the wake of ‘quiet quitting.’ So, what’s the secret sauce to beating the odds and hiring—or becoming—a successful manager? HAI Group’s Staci Canny asked Michael Teape, owner and lead training consultant of Teape Training International, for advice. 

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Exploring the Guardians of Community Affordability: Insights from Two Proactive Organizations

While the terms ‘subsidized’ and ‘affordable’ often go hand in hand when most people think about the U.S. affordable housing stock, the reality is that only 25 percent of the country’s affordable rental units receive government subsidies.

The other 75 percent is known as naturally occurring affordable housing (NOAH)—rental properties that are affordable to low- and moderate-income families due to age, amenities, physical condition, or location in lower-cost markets.

But, despite their vast presence, these properties are at a high risk of disappearing due to redevelopment, disrepair, and economic instability. HAI Group spoke with Dr. Hilary Lopez, executive director of Reno Housing Authority in Nevada, and Dunni T. Cosey Gay, director of the Preservation Compact, a Chicago-area policy collaborative, to hear how their organizations have found success with preserving NOAH in their respective communities as a complement to subsidized housing. 

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3 Free Preservation Resources Housing Agencies Need to Know About

As the U.S. is facing a shortage of over seven million affordable rental homes for extremely low-income renters, and more than 320,000 homes have affordability restrictions expiring in the next five years, advocating for the need for affordable housing has never been greater. Today, housing agencies are exploring various preservation options, from purchasing Naturally Occurring Affordable Housing (NOAH) properties to accepting donated buildings, engaging in green construction, or participating in the latest tax credit programs.

No matter what route your agency may go down to acquire and rehab existing affordable housing, we’ve rounded up three preservation resources that you should add to your toolbox. The best part is they’re available to agencies at no cost!

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Flood Planning and Mitigation for Affordable Housing

With flooding now the top natural peril in the U.S., and research finding that 40 percent of the nation’s occupied rental stock is located in areas likely to experience a substantial annual loss due to natural disasters, one thing’s for sure: It is critical for affordable housing providers to be prepared. On the heels of their recent webinar, titled Flood Planning and Mitigation for Affordable Housing Organizations, the Public and Affordable Housing Research Corporation’s Lead Research Analyst Kelly McElwain, and HAI Group’s Lynn Crisci, assistant director of Product Development, along with Mary Ciccaglione, manager of Risk Control and Consulting, spoke with HAI Group’s Staci Canny to answer some of the webinar audiences’ top questions.

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New Webinar to Discuss Flood Planning and Mitigation for Affordable Housing Organizations

It’s no secret that natural disasters are becoming more prevalent across the country. Over the last decade, the U.S. has seen at least ten disasters annually, costing over $1 billion each time. In the context of affordable housing, 40 percent of the nation’s occupied rental stock is located in areas likely to experience substantial annual losses due to natural disasters.

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3 Tips to Create a Solid Online Training Onboarding Program

Take a moment to think back to all of the jobs you’ve had over the years. What made you quit? If you answered having a lack of opportunities for advancement, you’d agree with 63 percent of workers in a recent survey who contributed to the Great Resignation of 2021. As an employer, one thing that you can do to help combat this situation is to develop an online training onboarding program for new hires. Showing employees right off the bat that professional development is important in your organization is critical to retaining talent. Here are three tips to help create a solid program that delivers the most impact.

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