📢 Houston Land Bank President's Report... View the Highlights below
👏 HLB & Harris County Partner to Redevelop Former Yellow Cab Site
✨ HLB in the Community: Local
Center for Community Progress visits Houston to study the HLB Brownfields Program.
💰 HLB in the Community: National
Fannie Mae Equitable Housing Finance Plan Community Convening Session
🌷 Community Purpose Lot Program Pilot Launch
📣 Open call for Neighborhood Advisory Council (N.A.C.)
#houston#houstonlandbank#affordablehousing#houstonaffordablehousing#hlb#realestatedevelopment
#ICYMI Verity Credit Union is proud to be part of Seattle's housing solution!
Amidst the affordable housing crisis, we've joined a unique public-private partnership that's making a difference.
Copper Way Housing Development is opening late this year in #Spanaway, Washington, and it will offer over 800 homes to low- to middle-income families.
What sets it apart? The financing model!
Our very own, Tonita Webb, DBA, CCE, CUDE, SPHR, Verity's CEO, emphasizes mission-driven financing – it's what credit unions were made for!
Verity, alongside other Washington credit unions, supports the Evergreen Impact Housing Fund (EIHF). Launched in 2020, it provides low-interest, long-term loans to bridge financing gaps for affordable housing projects.
EIHF collaborates with the Washington State Housing Finance Commission (WSHFC) to empower developers committed to affordable housing. Copper Way, our second project, will have 256 apartments, 80% with two or more bedrooms, and all reserved for those earning 60% or less of the area's median income.
Be sure to follow this continuous story. Together, we build homes and strengthen #communities. 🧡
#VerityCares#AffordableHousing#CommunityImpact#CreditUnions#HousingHeroesFinancial TimesNext CityThe Seattle TimesSeattle Business magazineSCORE Greater Seattle
How can we bridge the gap in affordable housing?
Florida faces a growing challenge in providing affordable housing for its residents. The State and Local Government Housing Trust Funds are essential in addressing this issue.
Each year, we advocate for maximum funding from these trust funds to support affordable housing programs. These efforts are pivotal in enhancing people's lives and ensuring a strong return on investment for our communities.
Our focus is on demonstrating the value of these programs to lawmakers and securing the necessary funding to expand their reach.
Additionally, the Florida Hometown Heroes housing program offers zero-interest downpayment and closing cost assistance. This is a fantastic resource for many—let's spread the word.
Together, we can make a difference in solving the affordable housing crisis.
#AffordableHousing#RealEstate#CommunitySupport#HousingTrustFunds#FloridaHousing
The Core Companies proudly supports the Bay Area Housing Finance Authority’s recent resolution to place a bond measure on the November 5 general election ballot to raise $20 billion for the production and preservation of affordable housing throughout the nine Bay Area counties.
As champions of sustainable and inclusive growth, we believe that everyone deserves a safe and affordable place to call home. The BAHFA initiative aligns perfectly with our mission to build better communities and improve the quality of life for all residents.
Key highlights of the BAHFA initiative:
- $20 Billion Investment: A significant boost to affordable housing funding.
- Regional Collaboration: Unified efforts across Bay Area cities and counties.
- Comprehensive Support: Assistance for low- and moderate-income families, seniors, and vulnerable populations.
Together, we can make a lasting impact on the housing crisis and build a more equitable future for the Bay Area. We encourage all our partners, stakeholders, and community members to join us in supporting this crucial bond measure on the upcoming ballot.
Let's work together to ensure everyone has a place to call home!
#BuildingBetterCommunities#AffordableHousinghttps://lnkd.in/gGNuCRqV
Today is #ScottishHousingDay
This year, Scottish Housing Day focuses on Homes for Life and how the housing sector can better support people in later life as needs and priorities change.
Here are some of the ways we have invested in our homes in the last 12 months to improve our customers lives.
To find out more about Scottish Housing Day you can find out more: https://lnkd.in/eiuyxrJA#trust#trusthousing#socialhousing#scottishhousingday
Join California Community Reinvestment Corporation at Housing California as we host a discussion on the current state of affordable housing lending. The affordable housing industry has changed radically in the past decade, and as California struggles to address the crisis of houselessness, high interest rates and increasingly complex financing processes pose challenges to housing development that require creative redressing. Thus, CCRC asks your thoughts on What’s Working, What Isn’t, and What’s Missing in Affordable Housing Lending?
This listening session will run next week alongside the Workshop 3 block on Thursday, March 7th from 2:35-4:00PM and is open to all Housing CA attendees.
#HousingCalifornia2024#AffordableHousing#CCRC
LISC Community Research and Impact’s latest research brief explores the potential racial equity benefits of COPA (Community Opportunity to Purchase Act) and TOPA (Tenant Opportunity to Purchase Act) policies and housing preservation strategies. https://lnkd.in/dHeVZqZ7
Low-income NYC neighborhoods of color saw 2x higher rates of eviction filings and housing violations in 2022-2023. What’s more, along with 31,000 severely distressed units, some 59,000 units in these neighborhoods may be in financial distress, with overleveraged owners potentially interested in selling.
#TOPA paired with fast, flexible preservation financing could help tenants and community preservation buyers rehab these buildings and improve housing quality in NYC neighborhoods of color, as has been the case with DC's TOPA.
Read the brief and explore other resources on COPA and TOPA here: https://lnkd.in/dHeVZqZ7
If you have heard about the new Montgomery County model for financing public and market rate housing together, please join this important discussion convened by HUD. No doubt this is one of the hottest topics in affordable housing! I am eager to share my story about how we got this done.
It’s really an honor to have been invited to speak at HUD’s Quarterly Update next month, along with the leadership team behind Montgomery County’s Housing Production Fund. If you’re in DC, would be great to see you there on March 21st. It will also be livestreamed.
The HPF is perhaps the most promising affordable housing finance innovation around, partly evidenced by the fact that Center for Public Enterprise is increasingly slammed with housing agencies who want to learn more. Looking forward to seeing you all there Chelsea AndrewsZachary MarksHans RiemerMatt Bedsole.
https://lnkd.in/ebW9c3Q7