PD&R Edge Elist 08/21/2012

New on The Edge

Message from the Acting Assistant Secretary:
Community Foundations in the Spotlight: HUD Secretary’s Award Makes its Debut
Community foundations are among the local leaders working to creatively leverage funding to enhance communities. To honor foundations that have participated in public-philanthropic partnerships and produced measurable benefits for the communities in which they work, HUD and the Council on Foundations will soon be presenting ten community foundations with the first Secretary’s Awards for Community Foundations.

Research:
What Happens to LIHTC Properties After Affordability Requirements Expire?
Affordable housing properties developed using Low-Income Housing Tax Credits (LIHTC) make up a significant portion of newly constructed multifamily rental housing. LIHTC units are required by federal regulations to be affordable for only 15 to 30 years. Recent research analyzes prospects for LIHTC properties to remain affordable after their affordability restrictions expire.

In Practice:
Senior Housing in San Francisco Provides Resident Services and Energy Efficient Living
A unique development in one of San Francisco’s diverse, but economically disadvantaged neighborhoods, meets the needs of homeless and low-income seniors by providing them with affordable, sustainable housing.