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Rental Housing
Addressing NIMBY Issues
Preserving Rental Housing
- Displacement Free Zone – A Campaign of Conscience The Fifth Avenue Committee (FAC) has declared a "Displacement Free Zone" in lower Park Slope in response to an epidemic of evictions of longtime community residents whose rent was being doubled overnight.
- Preserving Affordable Rental Housing from the John D. and Catherine T. MacArthur Foundation. The MacArthur Foundation is supporting a $75-million, ten-year initiative to help preserve and improve the existing U.S. supply of affordable rental housing. In 2001 the Foundation began the initiative called Window of Opportunity: Preserving Affordable Rental Housing, because the existing supply of affordable rental housing in the U.S. is under growing pressure at a time when the need for such housing has never been greater. Today's typical low-income family devotes 45 percent of its income to housing. This leaves few resources to meet other immediate needs, like food, health care, and transportation. It also hinders people striving to build a better future for themselves and their children by curtailing their investments in education, savings, and other assets.
- Preserving and Improving Rural Rental Housing: Promising Efforts Emerge article from the Housing Assistance Council
- The Increasing Shortage of Affordable Rental Housing in America: Action Items for Preservation from the Fannie Mae Foundation
- The Housing Preservation Project - The Housing Preservation Project (HPP), founded in 1999, is a nonprofit public interest advocacy and legal organization whose primary mission is to preserve and expand affordable housing for low income individuals and families. HPP seeks to prevent the loss of affordable rental housing by conversion to market rate, demolition, foreclosure, and other causes. Their work involves a variety of innovative strategies, including: providing technical assistance; financial negotiating with property owners; pursuing litigation to uphold both local and national laws, enforce fair housing and affordable housing planning requirements, and challenge NIMBYism; seeking local and national policy changes through legislative advocacy; educating the public about affordable housing issues; inventorying the current supply of affordable housing; and working with tenant advocacy organizations to organize and empower tenants.
- Preservation Affordable Rental Investment Fund provided by the Minnesota Housing Finance Agency—approximately $9 million per year is provided as low interest-deferred loans to help cover the costs of preserving permanent affordable rental housing with long term project-based federal subsidies that are in jeopardy of being lost. The program provides funds to help cover the costs of acquisition, rehabilitation and debt restructuring of federally assisted developments, as well as equity take-out deferred loans
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