Brief Anatomy of a Preservation Deal: Innovations in Preserving Affordable Housing from around the United States
Mark Treskon, Sara McTarnaghan
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Preserving existing affordable housing generally costs less than new construction, prevents displacement, and takes advantage of existing land-use patterns. However, it presents its own set of challenges: 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.
Research Areas Housing Greater DC
Tags Housing vouchers and mobility Housing affordability Washington, DC, research initiative Public and assisted housing
Policy Centers Metropolitan Housing and Communities Policy Center Research to Action Lab
Cities Washington-Arlington-Alexandria, DC-VA-MD-WV