Week of Feb. 20, 2024
Photo by Murat Deniz via iStockphoto

Week of Feb. 20, 2024

Low-Income Residents of Inclusionary Housing Report Facing More Bias

Alexandra Curley, Judith Gonyea, Colette Ngana, and Alyssa Nickell, National Initiative on Mixed-Income Communities

A survey of Cambridge, Massachusetts, residents found that residents of affordable units in inclusionary housing properties reported frequently experiencing bias, especially from management. Here’s how we can change that. Read Full Article


The Westside Mobile Home Park, in Durango, Colorado. Photo courtesy of Grounded Solutions Network

Let's Harness the Growth of the Shared-Equity Field

Amanda Bennett, Sophia Corugedo, and Vince Wang, Grounded Solutions Network

Between 2011 and 2022, the number of CLTs and nonprofits with shared-equity programs increased by 30 percent. Here’s a look at the diversity of their programs and portfolios, and who’s benefiting from their rise. Read Full Article


What Is the Financialization of Housing?

Miriam Axel-Lute, Shelterforce

It’s a wonky term with real-life consequences. At its most basic level, the “financialization of housing” means treating a home like a financial asset first, and a place to live second. But there are many more perspectives. Read Full Article and Watch Video


In Case You Missed It


Opportunities

Join our Board of Directors | Are you passionate about affordable housing and community development? We’re seeking new board members to help lead our organization and shape our vision for the future. If you have experience in finance, law, digital publishing, or advocacy in our field, we invite you to apply today! Please send your resume in PDF format to [email protected] . We can’t wait to connect with you! View the full job listing here .


Events

Shelterforce Webinar | LIHTC: Are Little Changes Enough? | Thursday, March 7th, 2024, 3—4:30 p.m. ET | Join us for a thought-provoking discussion moderated by Shelterforce’s Miriam Axel-Lute on the future of the Low-Income Housing Tax Credit (LIHTC). While some advocate for reforming the current model, others suggest more profound changes—or even transitioning away from it entirely. Engage with scholars and organizers as we explore potential pathways forward and envision a financing solution that meets the diverse needs of affordable housing. Don’t miss out on this crucial conversation! Register today ?


You Said It!

On “An Unlikely Collaboration—Real Estate Agent Joins Community Organization to Help Voucher Holders

Maria Afsharian: This is wonderful! We need to create documentaries on this. I am a real estate agent in NJ and am passionate about this program, hoping to educate as many as I can about the benefits! Via LinkedIn

On “Even When Rent Control Is in Effect, Tenants Need to Stay Vigilant, Jersey City Fight Shows

Ward 3 Housing Justice: So many inequities in housing are tucked behind obscure, arcane policies and protocols. Via Twitter

On “Q: What Does ‘Community Benefit’ Mean?

SomervilleCLT: CBAs are an incredible tool to fund community causes in a development heavy area like Somerville. . . Via Twitter ?

On “Can Residents Get More Out of Tax Credit Housing? Read by Robin Dondiego

Omar Masry, AICP: It seems when you look at co-ops that have not fared well in the last 30 years that size is a factor. If the co-op has too few units and a few residents fall behind on dues, then finances and maintenance take a hit. . . Via LinkedIn

Dan Hoffman: The sponsors of LIHTC projects generally see the transition of these units to coops or limited equity condos as a threat because an entity other than the project sponsor is empowered. . . Via LinkedIn

On “How to Make Universal Vouchers Actually Work ”?

L. Warren: Qualifying for section 8 is another problem. My husband and I have become homeless recently. When checking into section 8 it sounded like we could qualify. Nope, because we don’t have minor children and/or aren’t disabled. . . Read More ?

On “LIHTC: How It Started, How It’s Going ”?

Randy Stoecker (and on behalf of Tim Mungavan): Hi all, thanks for the interesting reading and discussion. You may be interested in a reflection on LIHTC from a community development perspective. . . Read More

On “Legitimate Debate or Short-Sighted Complaints? 5 Reasons Affordable Housing Is Expensive to Build

Andy Heidt: A state bank or affordable housing infrastructure fund that creates cheaper, easier accessible capital with strings attached to ensure permanent affordability needs to be developed to replace the current morass. . . Read More

On “How the New CRA Rule Will Help, and Where It Falls Short

Daniel Hoffman: Regardless of what the new regs do or don’t do, the fact is that the major bank trade associations and individual lenders are now suing in Texas federal court to throw out these regs. . . Read More ?

On “Security Deposit Alternatives: The Misleading Marketing of ‘Renter’s Choice ’”

Gary: I was a landlord that used Rhino. I thought it was great until the tenant stopped paying the premium. Policy was cancelled and I was stuck with a tenant and no security deposit at all. . . Read More


Jobs

Chief Executive Officer, ACTION-Housing Inc., Pittsburgh, PA ● ACTION-Housing seeks a dynamic & strategic Chief Executive Officer who is committed to advancing ACTION’s mission to empower people to build more secure and self-sufficient lives through the provision of decent, affordable housing, essential supportive services. . . Read Full Listing


Real Estate Development Program Specialist, CASA of Oregon, Sherwood, OR ● The Real Estate Development Program Specialist assists with a wide array of assignments related to housing and community facilities development, including research, compiling data, preparing forms/reports, and overseeing the compliance of State Prevailing Wage Rates. . . Read Full Listing

Urban Planner/Project Manager, Scenic Hudson, Inc., Poughkeepsie, NY ● The Urban Planner/Project Manager is a key member of a small and nimble team at Scenic Hudson that identifies and tackles urban greening and environmental justice challenges in the Mid-Hudson cities of Kingston, Newburgh and Poughkeepsie. . . Read Full Listing

?Community Loan Fund Director, CASA of Oregon, Sherwood, OR The Community Loan Fund Director is responsible for overseeing program needs and requirements, including operations and activities related to management of lending capital, management of loan portfolio, lending production, product development. . . Read Full Listing

(Senior) Policy Advocate - Homelessness, Housing California, Sacramento, CA The Policy Advocate will help advance Housing California’s mission and vision by championing legislative, administrative, and budgetary policy priorities that address homelessness. In collaboration with Housing California’s policy, communications. . . Read Full Listing ??

Chief Executive Officer, King County Regional Homelessness Authority, Seattle, WA King County Regional Housing Authority's next CEO will be a transformative, results-centered leader who embodies the values and goals of KCRHA and possesses the vision, business and political acumen, diplomacy, and skills to lead KCRHA through this critical inflection point. . . Read Full Listing ?

President & CEO, Minnesota Homeownership Center, St. Paul, MN The Center seeks a dynamic and strategic President & CEO who is committed to advancing the Center’s mission to promote and advance successful homeownership in Minnesota, with an emphasis on serving those facing the greatest barriers to homeownership. . . Read Full Listing ?

Chief Financial Officer, NeighborGood Partners, Dover, DE NeighborGood Partners is looking for an experienced Chief Financial Officer to join our leadership team. NeighborGood Partners in Dover, Delaware is an established nonprofit leader working across Delmarva in the fields of affordable housing, community development. . . Read Full Listing


More Jobs

Resident Services Coordinator, Raleigh, NC ● DHIC

Vice President & Chief Community Development Officer, San Diego, CA ● Casa Familiar

Senior Manager, Curriculum & Training (Affordable Housing & Construction), Washington, D.C. ● NeighborWorks America

Program Assistant, Connecting Capital and Community, Washington, D.C. ● Center for Community Investment


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