Brokerage
Affordable Housing Resources
There are many resources for affordable housing in private,
nonprofit, and government sectors. Funding sources exist at all levels,
but many federal programs, such as the low-income housing tax credits,
are distributed at the state level through the state housing agencies.
In addition to funding and developing affordable housing, many
organizations are concerned with public policy issues. This list is by
no means exhaustive, but many of these resources have links to other
sites.
General sites
The Affordable Housing Resource Center
is a good starting point for low-income housing tax credit information.
This Web site is run by Novogradac & Co. LLP, an accounting and
consulting company that also publishes numerous affordable housing
materials, including LIHTC Monthly Report and NMTC Report .
Fannie Mae's Affordable Housing Center provides information on affordable housing mortgage products and community investment and economic development tools.
The National Housing and Rehabilitation Association is a membership organization that provides transaction-oriented information for affordable-housing professionals
Affordable-housing developers
East Bay Asian Local Development Corp. is a community development organization that develops affordable housing in the San Francisco area.
Mercy Housing is one of the largest nonprofit organizations that develops, operates, and finances affordable housing nationwide.
Based in San Francisco, A. F. Evans Co.
develops and manages multifamily residential properties in California,
Nevada, and Washington, including several affordable housing projects.
Related Apartment Preservation LLC,
an affiliate of the Related Cos. of New York, acquires and preserves
existing government-assisted affordable housing projects.
The Triwest Group develops workforce housing, seniors housing, assisted-living facilities, mixed-use projects, and commercial real estate.
Nonprofit organizations
The Housing Assistance Council helps local organizations build affordable housing in rural communities.
Joint Center for Housing Studies is Harvard University's center for information and research on U.S. housing. Every year it publishes the State of the Nation's Housing.
The Fannie Mae Foundation's affordable housing Web site
covers preservation and expiring use, tax credits, and public housing,
as well as other topics. It provides links to several other sources.
Local Initiatives Support Corp.
provides grants, loans, and equity investments to community development
corporations for neighborhood redevelopment. Affiliate programs include
The National Equity Fund , which purchases equity in tax credit housing; The Retail Initiative (TRI), a commercial equity fund that invests in supermarket-anchored shopping centers; and The Community Development Trust (CDT) ,
a real estate investment trust that specializes in equity and debt for
affordable housing and community development properties.
National Affordable Housing Management Association represents companies and individuals that manage government-assisted affordable housing.
National Council of State Housing Agencies
is the principal advocate organization for the mortgage revenue bond,
housing credit, and HOME investment partnership programs. Its members
include the housing finance agency of every state and more than 350
affiliate member companies that work in the affordable housing field.
National Low Income Housing Coalition is dedicated to ending America's affordable housing crisis. It publishes, Out of Reach , the annual housing wage survey, as well as other resource information.
Government organizations
This Internal Revenue Service Web site
provides information on how to claim and calculate low-income housing
tax credits and links to necessary forms and other resources.
The New Markets Tax Credit Web site
contains application and allocation information for developers who make
qualified equity investments in certain community development entities.
Publications
Affordable Housing Finance
magazine covers changing government rules and tips on putting together winning tax credit applications.
Journal of Tax Credit Investing
covers
Section 42 federal housing tax credits, New Markets Tax Credits,
historic preservation credits, and Section 29 alternative energy tax
credits from the investor's viewpoint.
Shelterforce, Journal of Affordable Housing and Community Building
is published by the National Housing Institute for affordable-housing and community revitalization advocates