Week of June 17, 2024
Week of June 17, 2024

Week of June 17, 2024

Under the Lens | Moving Community Development Forward

Photo by Flickr user Brenda Gottsabend, Attribution-NonCommercial 2.0

Are Race-Based Lawsuits Affecting Community Lenders? ?

Sandra Larson, Shelterforce

Shelterforce spoke with community-lending leaders and experts about the current mood across the sector. What, if anything, are organizations planning to do to avoid becoming the next target? Read Full Article


Photo by DNY50 via iStockphoto

Defining Community Development in Order to Fund It

Angely Mercado, Shelterforce

What is a community development corporation? A few state and local governments have created formal definitions or guidelines to help target special tax credit funding to the field. Read Full Article ?


Photo by Flickr user J. Stephen Conn, CC BY-NC 2.0 Deed

Tribal-Sponsored Development Offers Housing and More in Minneapolis ?

Cinnamon Janzer, Shelterforce?

A hub for health care, social services, and community, the Mino-Bimaadiziwin apartments meet the unique needs of urban Native Americans while enriching the surrounding community. Read Full Article


In Case You Missed It


Looking for a Job? Scroll Down . . .


Events

How Policy Can Help Tenants Purchase Their Homes | Shelterforce & NPQ | Thurs., June 20, 2-3:30 p.m. ET | Virtual | Join Shelterforce on Thursday, June 20th at 2 pm ET for a 90-minute webinar on Remaking the Economy: How Policy Can Help Tenants Purchase Their Homes. In this webinar conversation, a coproduction of Shelterforce and NPQ, panelists will discuss how “opportunity to purchase” laws work in cities like San Francisco and Washington, DC, highlight campaigns underway to put similar laws into effect in other cities, and share how tenants have organized to deal with the resistance they encounter. Secure your spot today !


Our Homes, Our Votes: 2024 Webinar Series | National Low-Income Housing Coalition | Virtual | NLIHC’s nonpartisan Our Homes, Our Votes campaign aims to boost voter turnout among low-income renters and elevate housing as an election issue. This webinar series will train housing advocates, tenant leaders, and direct service providers to register, educate, and mobilize voters in their communities. Visit the registration link to learn more.?


You Said It!

On “The Permanent Affordability That Wasn’t: Lessons from the Pythian Building

Andy Heidt: Heartbreaking. Thanks for the detailed reporting. Permanent affordability requires better financing mech that protect the intentions of affordability. The master’s tools are designed for profit and exploitation. We need a community driven State Banking or infrastructure loan fund that is transparent and can ensure affordability. Read More ?


Peter Schaeffing: Really excellent article from Shelterforce on a deal with permanent affordability gone wrong. Sad to see this (I remember the energy around this when it was in the idea stage) but I would love to see more of these types of analyses of deals that didn't work out from Shelterforce and from lenders and trade groups in the #CDFI sector. Such an important way to learn. Via LinkedIn


Nathan Ferreira: This is such a great article and cautionary tale for smaller, nonprofit developers. I will definitely be taking these lessons learned to heart. Via LinkedIn


GroundedPGH: This story isn't about Pittsburgh, but it teaches important lessons about affordable housing anywhere. Via Twitter


Autonomous Land Trust: Great reporting with lots of lessons for our community and others. Via Twitter


On “Mid-Lease Rent Hikes Surprise Affordable Housing Tenants ”?

Alfredo Gonzalez: Two years later and this is still happening across the country. I have friends that have just been served mid lease with a 9.49% rent hike due to new AMI reports being released in April. There is something wrong with this system especially since the developers already know that they are bringing low income tenants just to hike up the rent mid-lease . . . Read More


On “Why Don’t California’s Nonprofit Housers Embrace Social Housing? ”?

Rob: Low-income tax credits are given to millionaires who should instead be paying higher taxes that can be used to build appropriate housing in appropriate locations. The current housing tax-credit system is Wall St. driven all the way: mostly big money people and corporations buying up long-term real estate deals and getting lucrative tax credits, with complex layers of bond-holders, managers, and other “meddlers” looking after someone’s housing unit. Most tenants often don’t need or want any “overseeing” . . . Read More


On “Lesson From Detroit: Joining Forces with Resident-Led Groups ”?

Dan Hoffman: A great story showing the difference between transactionalism and developing or redeveloping a community. Via LinkedIn


Jobs

Housing and Community Development Project Manager, Rockland County Office of Community Development, Pomona, NY ● The Rockland County Office of Community Development is seeking a candidate to oversee and manage implementation of Rockland County’s housing strategies and related policies to address housing challenges and community development needs within the County. Read Full Listing

Housing Development and Construction Director, One Roof Community Housing, MN ● Reporting to the Executive Director, the Housing Development and Construction Director (HDCD) provides overall management, planning, and leadership for One Roof Community Housing’s single and multi-family development team and projects as well as supervising the managers . . . Read Full Listing?

Project Manager, Rippowam Corporation/Charter Oak Communities, Stamford, CT ● Rippowam Corporation (RC) seeks a dedicated and mission-oriented Project Manager or Senior Project Manager to join its real estate development and asset management team. RC develops real estate, creates entities to serve as the general partner in public-private real estate transactions, and delivers . . . Read Full Listing?


More Jobs

Real Estate Developer, Asheville, NC ● Mountain Housing Opportunities ?

Deputy City Attorney (Civil), Pasadena, CA ● City of Pasadena


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Shelterforce began in 1975 and is the oldest, national, independent, nonprofit community development publication in America. Whether you provide or support affordable housing, economic or workforce development, community organizing, arts and culture, community planning, health, or transportation, Shelterforce will help you do your work better tomorrow than yesterday. Please help keep us strong by making a tax-deductible donation today.


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