Housing Partnership Network

Across the country, as the demand for rental housing increases, the amount of money available for the preservation of affordable housing is shrinking. Real estate developers are buying up unsubsidized affordable housing with the aim of taking it out of the affordable stock and increasing the rents. In the process, low-income families who live there are being displaced. HPN, a Boston-based business collaborative of 100 of the nation’s premier housing and community development nonprofits, is helping preserve housing for low-income people by giving nonprofit affordable housing developers a chance to compete for the purchase of properties using a financing model long employed in the private sector.

+ Read More About Housing Partnership Network

+ Read an interview with Thomas Bledsoe, HPN's President and CEO 

Year: 
2013
Website: 
http://www.housingpartnership.net
Weight: 
2