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!