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We talk about housing a lot, and at the heart of these conversations is a simple belief: If you work in Jefferson County, you should be able to afford to live here too. The Diverse Housing Opportunities priority is a call to expand housing options at all price points. There's no quick fix to the housing shortage, but one tool is the Live Local Development Fund, a revolving loan fund launched last Fall to help fill the gaps that limit housing development in the county. Learn more at: https://bit.ly/4aMAuWK

When repairs must be made, funding for those repairs can come from several sources: a lender, the community’s reserve funds, or through assessment of the shareholders or owners. Depending on the scope and type of repair, there’s a good chance the needed funds will come from assessments. Read the full article to learn more!⁠ https://lnkd.in/eJ8kU8Kd ⁠ #residentialcomplex #home #hoa #community #multifamily #propertymanagement #massachusetts #assessments #repairs #funding

Do you know what makes the I Love Lancaster Fund so unique? Because it is endowed, it grows over time to support emerging needs, while keeping the vibrance of our shared future as its priority. In fact, it’s our most flexible and responsive fund, making it possible to invest in critical opportunities like HDC MidAtlantic’s College Avenue affordable housing project at the former Saint Joseph’s Hospital in Lancaster. With a grant from the I Love Lancaster fund, HDC MidAtlantic is redeveloping the former hospital into a mixed-use site that will provide affordable housing to local residents. This renovation will not only meet the critical need for affordable housing in our community, but it also aligns with the priorities defined in the Lancaster County Planning's Places 2040 plan, the Lancaster City Alliance's Building on Strength Economic Development Strategic Plan, and the City of Lancaster, Pennsylvania's Interim Housing Strategy. When you give to the I Love Lancaster Fund, you join 100 years’ worth of visionary funders who worked to create a way to support emerging needs throughout the county. You give it. We grow it. For Lancaster. Forever. Learn more by going to https://lnkd.in/eHee4ACb

🏡✨ Exciting News Alert! 🌟🔧 Located in Madison, Wisconsin, a local housing cooperative was in need of a total replacement for a failed boiler. Working with a local nonprofit, the pair was in need of additional financing to fund home and comfort upgrades to the coop. Enter BlocPower with an innovative financing tool to make boiler replacement and other home improvements affordable. The Challenge: - A failed boiler in the housing cooperative meant an urgent need for total replacement. - Both the housing cooperative and local nonprofit lacked the funding tools necessary to make upgrades possible. The Solution: - BlocPower crafted the BlocPower Lease to make the cost of upgrades affordable. - $288,000 in grant funding was acquired to upgrade 24 units with energy-efficient technology, reducing carbon emissions for the coop. #ctoalumnisuccess https://lnkd.in/e-nWSJp7

How can the commercial real estate industry create effective partnerships with non-profits and coops? Our expert panel of Tony Letvinchuk, Nigel Furgus, Christel Kjenner, Luke Mari and Katie Maslechko are discussing new ways to approach affordability as Western Canada can’t keep up with the demand. #WCAIC #affordability #investments #realestate #canadaianrealestate

As the following Planning Magazine article from the American Planning Association points out, while there isn't one solution to resolve the entire housing supply crisis, there are replicable actions that can be applied in most communities. "Omaha, Nebraska, is an example of a place that's forging public-private partnerships and leveraging multiple layers of funding to both build and preserve affordable housing, according to a case study from the Housing Supply Accelerator Playbook." Follow this link to read the full article: https://lnkd.in/eCQhiesa #planning #Michigan #housing #supply #shortage #solutions #funding #AffordableHousing

🔎 Introducing Trivia Tuesday! 🔍 Fun fact alert: The largest housing association in the UK is Clarion Housing Group, managing over 125,000 homes! 🏠 Question: In finance, what is the practice called when housing associations set aside money regularly for future large expenditures or repairs? a) Escrow Account b) Reserve Fund c) Operating Budget d) Endowment Fund 🧠 Got an idea? Share your answer and let's see who's got their finance cap on tight today! 💭 #TriviaTuesday #FinanceTrivia #HousingAssociations #InterimFinance

The Bogota housing project exemplifies a strategic approach to affordable housing that integrates land acquisition, rezoning, innovative financing, and technological innovation. By aligning interests and engaging the community, the FNA successfully navigated the complexities of urban housing development to bring much needed new affordable housing to the City of Bogotá. This case offers valuable lessons for the many U.S. municipalities struggling to provide affordable housing for their residents. In Part II of this series we will borrow lessons learned from the FNA’s experience and add some U.S. land use context and tax policy innovations to create a toolkit for addressing the nation’s affordable housing crisis, one community at a time.

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$4.575 million! Our clients received a windfall of funding from the State Capital Budget and One Time Strategic Community Investment Fund. This legislation was signed into law last week after months of deliberation. The State Capital Budget is a biennial process in which the legislature funds certain community and infrastructure projects. Non-profits and governmental entities are eligible to receive funds. Send us a message to learn how we can help your organization pursue this revenue source! #infrastructure #statefunding #budget #governmentrelations #lobbying