Anatomy of a Preservation Deal

Innovations in Preserving Affordable Housing from around the United States

Preserving existing affordable housing is critical for closing the gap between supply and demand for decent, safe, and affordable housing. Debates around affordable housing tend to be dominated by new construction, but preservation offers several benefits: it generally costs less than new construction, it prevents displacement, and it takes advantage of existing land-use patterns. While building new affordable housing is tough, acquiring and rehabilitating existing affordable housing is not easy either. Developers need to weave together federal, state, and local funding sources; employ state and municipal policy tools; and seek collaborative relationships with stakeholders.

To better understand how affordable housing preservation  happens, we highlight cases from around the country where developers have navigated complex policy and financing environments to preserve affordable housing. These case studies represent a range of contexts but offer wider lessons for people working to preserve affordable housing.

Read our brief highlighting these cases and the related blog post

Case studies 

 

The Housing Assistance Matters Initiative is a project of the Urban Institute, made possible by support from HAI Group, to provide fact-based analysis about public and assisted housing. The Urban Institute is a nonprofit, nonpartisan research organization and retains independent and exclusive control over substance and quality of any Housing Assistance Matters Initiative products. The views expressed in this and other Housing Assistance Matters Initiative products are those of the authors and should not be attributed to the Urban Institute or HAI Group.