Week of May 28, 2024
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Alex Schafran, housing consultant
Who owns our homes is an essential part of housing policy, and an even greater part of housing politics. Read Full Article?
Under the Lens | Moving Community Development Forward
Aaron Fernando, Shelterforce
In the Twin Cities, where voters have recently supported rent control, most nonprofit housing developers have stayed silent, and some have openly lined up with the developers and landlords who oppose it. Read Full Article
Madhavi Reddy, Community Development Advocates of Detroit
It's been 14 years since the Community Development Advocates of Detroit opened its membership to resident-led groups. What have they learned about working together and navigating the transition? Read Full Article
In Case You Missed It
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Industry News
In July, Barbara Petee will retire as president of The Root Cause Coalition, a nonprofit organization comprised of health systems, hospital associations, foundations, businesses, national and community nonprofits, health insurers, academic institutions, and policy centers.?Petee has served as the inaugural?president?of the coalition since its founding in 2015. Leigh Maltby will serve as interim executive director until the position is filled.
After 27 years with the Opportunity Finance Network, a national network of community development financial institutions, Beth Lipson will leave the organization at the end of the year. Lipson has transitioned from her role as the network’s executive vice president and chief financial officer and is now serving as senior advisor through the end of 2024. Bhumip Patel is serving as interim CFO and SVP, accounting and finance.
Events
The Case for Investments Over the Life Course | Federal Reserve Bank of New York | Thursday, May 30, 10 –11:30 a.m. ET | Virtual | The Federal Reserve Bank of New York will host an event focused on investment strategies that address the social determinants of health, such as access to safe, sustainable housing; high-quality infrastructure; and a rewarding work and social life. Register today
You Said It!
Catherine A. Nolan: I have lived in this park for 16 years and in this neighborhood 62 years. We are being forced to leave friends and family behind because there is no affordable housing in our North Collinwood neighborhood. So those of you who think it’s just a trailer we are being forced to leave behind think again. What if you were forced leave everything and everyone you know so someone could have a picnic on the land where your house once stood! Read More
Jonathan Warren: Wow, this hit the nail on the head. Great piece. In our campaign to get social housing passed via initiative in Seattle in 2024, I was caught off guard by the resistance from the non-profit housing development world – naively assuming they’d be supportive. This piece helped me better understand why they weren’t. Thank you! Read More
Sylvia Martinez: The reason that the tax credit works, and is necessary, in California, is because it provides a vast amount of equity toward the very high cost of construction in this state. Social housing, particularly if new construction and net new units, which are preferable, will need just as much equity. Nonprofit housing developers do not have . . . Read More
David Thompson: . . . Limited equity co-ops, which need only a one-time subsidy, are not eligible for tax credits. Social housing a la Vienna with many co-ops appears to have better results with now 30% of all housing. The LIHTC model is heading for massive repeated subsidies, which will end the model downstream. We need other social housing models such as co-ops to increase the scale of . . . Read More
Andy Heidt: . . . We need to build the next system of affordable housing financing. State banking, or permanent affordable housing, zero interest or extremely low interest loan and grant funds are the only way to begin to meet the needs our savage inequalities have wrought. Read More
Lisa Hasegawa: YES!!! Thank you Miriam Axel-Lute and the Shelterforce team for letting the housing world know about the Black Community Developers Group (BCDG) and the awesome leadership of Leatrice W. Moore.?Via LinkedIn
Dan Immergluck: My regular reminder on why it's a good thing to retire the term "workforce housing," especially if it is meant to distinguish moderate-income from lower-income housing . . . . This 2014 piece by Miriam Axel-Lute from Shelterforce is still pretty spot-on. Via LinkedIn
Dan Hoffman: I think the last 35 years teaches a clear lesson, those entities that are focused on transactions, especially real estate transactions and even more so LIHTC deals more often than not find themselves principally relating to the entities that drive transactions and not principally those who are or would be members of the community. Especially true in those truth to power moments that poorer communities face. Via LinkedIn
Jean Dahlquist: Normally I do not agree with articles like this, which often pitch improving neighborhoods as gentrification and make the case we should just leave areas polluted and without services. This article does not do that, instead it leans on the fact that we can make beautiful parks for everyone, they just have to intentionally be beautiful parks for everyone. Via LinkedIn
Kristen Summer: Holy smokes this is amazing!!?Via Facebook
Joe Kriesberg: Terrific article by Shelterforce about the need to expand the affordable housing took kit beyond low income housing tax credits! Via Twitter
Jobs
Chief Property Officer, Foundation Communities, Austin, TX ● The Chief Property Officer is responsible for the strategic vision, oversight, planning and direction of the operations of our affordable housing portfolio and related departments. The position ensures that our communities are performing at optimal levels and meeting our misssion . . . 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?
Director of Homeownership, Homestead Community Land Trust, Seattle, WA ●?Homestead seeks an experienced community land trust specialist to lead and manage our homeownership services and stewardship program. The Director of Homeownership and Stewardship is a member of the senior leadership team who oversees and improves support for homebuyers . . . Read Full Listing
More Jobs
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Senior Vice President & Senior Banker, Community Development Lending & Investing at KeyBank
6 个月Alex Schafran always provides insightful refreshing perspectives for the leaders and champions of community development / attainable housing and highlights what is needed for a complete robust housing wealth creation ecosystem
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