HAI Group Blog

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

Posts about:

Affordability

Building Inclusive Communities: Strategies for PHAs to Advance Equity

Public housing authorities (PHAs) have a legal obligation to take meaningful steps to address historic patterns of segregation, promote housing choice, eliminate disparities in housing access, and build inclusive communities. By developing policies, programs, and practices that promote equity, defined as “fair treatment, access, opportunity, and advancement for all,” PHAs can promote social justice, rectify historic disparities caused by discriminatory housing policies, build inclusive communities, and fulfill their obligation to affirmatively further fair housing.

Read More

How U.S. Veterans Have Helped Shape Affordable Housing

HAI Group is the proud, leading sponsor of the Public and Affordable Housing Research Corporation (PAHRC), a nonprofit that researches the impact that affordable homes bring to families and communities. In this guest blog, Cate Asp, PAHRC’s Research Analyst, dives into the historical issue of veteran housing needs; how those needs have contributed to the evolution of affordable housing; and what is being done for veterans today.

Read More

Want to Build New Deeply Affordable Housing? Check Out the Faircloth-to-RAD Program

HAI Group is a leading sponsor of the Public and Affordable Housing Research Corporation (PAHRC), a nonprofit that researches the impact that affordable homes bring to families and communities. In this guest blog, Kelly McElwain, PAHRC’s industry intelligence and research manager, explains how a recent federal program can be leveraged to address housing needs.

Despite an estimated shortage of 7.3 million rental homes affordable and available to extremely low-income families, public housing authorities (PHAs) nationwide have not received congressional funding to build new deeply affordable housing in their communities in decades. PHAs’ hands became even more tied after Congress passed the Faircloth Amendment, which capped PHA public housing stock at the number of public housing units they operated as of October 1, 1999 (known as their ‘Faircloth Authority’). This created a de facto ban on building new public housing.

Read More

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. 

Read More

Study Predicts Huge Apartment Demand, Difficulties Keeping Units Affordable

A new study commissioned by the National Apartment Association and the National Multifamily Housing Council projects the need for 4.3 million new apartments by 2035 to keep up with expected demand but notes that due to housing underproduction after the 2008 financial housing crisis, keeping new units affordable will be a challenge.

Read More