The findings of the NLIHC’s first report from its Alignment Project report will be discussed during an NLIHC webinar on January 14, at 2:00 pm ET. The webinar will provide details of case studies presented in the report. Register at https://attendee.gotowebinar.com/register/2001311636912577025
NLIHC issued its report examining the extent to which federal rental housing production programs serve low income households on December 22. Aligning Federal Low Income Housing Programs with Housing Need, includes five case studies highlighting affordable housing projects that achieve deep income targeting without relying on Section 8 vouchers. Each case study includes a description of funding sources used, the income levels of households served, and a description of the strategy employed to meet operating costs.
A California project was feasible in part due to the contribution of city-owned land through a long-term lease at $1 per year. In addition, the project relies on operating subsidies available through the California Mental Health Services Act (MHSA) created by Proposition 63, which established a 1% tax on personal income over $1 million to support expanding mental health services. The Housing Authority of the County of Santa Clara, also provided federal funds through HUD’s Moving to Work (MTW) Demonstration Program. Households on the Housing Authority’s waitlist have priority at apartments during the initial lease-up period at the development.
A Maryland project also relied on the support of the local municipality, the city of Cambridge, which offered the project a payment in lieu of taxes equivalent to a real estate tax credit of $200 per unit/year. In addition, two units were supported through a state program funded in part through a private foundation. These two units were set aside for households with income at 15% of the area median income.
These projects and three others in Florida, Missouri, and Washington are described in the report on NLIHC’s website, http://nlihc.org/library/research/alignment