Investment in affordable housing in lower risk and higher opportunity areas can improve the health status of Georgia’s most vulnerable citizens, helping up to 200 individuals per year live longer, healthier lives, according to an assessment by the Georgia Health Policy Center at Georgia State University.
“New Markets Tax Credits are coming of age,” says one experienced dealmaker. “Or, maybe it’s more accurate to say people are growing more sophisticated in their use of NMTCs.”
Simply stated, it is an emphasis on wellness that, in many cases, can preempt an emphasis on sickness and infirmity. And it is paying off in measurable financial results for the facilities that have embraced the approach.
A new online resource will provide housing industry participants practical information on building and improving housing that serves broader community needs, such as public health, economic development, and education. How Housing Matters is a product of collaboration between the Urban Land Institute and John D. and Catherine T. MacArthur Foundation.
Young singles have plenty of personal, economic, and social mobility; they have minimal cash assets (and possibly maximal student-loan liabilities); they want to live somewhere close to work and pay as little cash for it as they can. Their needs beautifully complement what the elderly homeowners have, and what they have is what the elderly need.
The National Council on Aging reports that 10,000 people will enroll in Medicare EVERY day over the next ten years. America is aging – and I’m guessing this is not a surprise to our readers – everyone in the affordable housing business has probably seen dozens of articles and presentations about the current and future housing, healthcare and personal finance needs of the baby boomers.
Federal new markets tax credits are helping to finance the construction of a new health clinic in Cleveland, Ohio. The two-story, 30,000-square-foot facility, located in the city’s Central neighborhood, will be owned and operated by Care Alliance, a federally qualified health center that serves the homeless, public housing residents, and other underserved individuals.
Ohio Housing Finance Agency Releases the Health Impact Assessment The Ohio Housing Finance Agency (OHFA) released the Health Impact Assessment, a report that examines the health implications of a proposed government policy to align affordable housing inspections.
Through our work in the Green Retrofit Initiative we learned that there are many ways to improve the energy performance of a property, maximize the health of residents, and decrease safety hazards. In creating this guide we actively engaged three CDCs and their third-party property managers to comb through applicable green and healthy goals, the […]
The federal new markets tax credit is helping to finance a project in the South Bronx in New York City that will transform an underutilized municipal parking lot into an 88,000 square-foot mixed-use commercial and community facility.
Massachusetts Department of Housing and Community Development and the Executive Office of Health and Human Services received a $5 million Section 811 Project Rental Assistance Award from the U.S. Department of HUD in 2013. DHCD will host an information session on Friday, May 9 for interested developers on the Section 811 Program.
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