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Latest Breakthroughs includes Closing the Funding Gap for Affordable Housing, Family and Older Adult Housing, and a New Study that Encourages Accessory Dwelling Units.

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16 November 2011    
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November 2011

This year’s sixth edition of Breakthroughs has just been posted on the Regulatory Barriers Clearinghouse (RBC) website. In this issue, you’ll learn about an unprecedented deal using the New Markets Tax Credit program for a mixed-use housing facility in East St. Louis, Illinois; a new housing development in New York City for families and older adults; and finally, a new study of accessory dwelling units in California’s East Bay area.

Check out the November Breakthroughs to see how...

  • For the first time, a public-private partnership helped finance a mixed-use development — Jazz @ Walter Circle in East St. Louis, Illinois — using public housing funds in the New Markets Tax Credit leveraging finance structure;
  • A new project in New York City’s Queens Borough is helping to eliminate blight, redevelop the Richmond Hill neighborhood and bring quality affordable housing to families and older adults, including those who were formerly homeless;
  • Five cities in California’s East Bay area are working to respond to the demands of affordable housing by addressing regulatory barriers to the development of accessory dwelling units.

Again, you can read the current issue at
https://archives.huduser.gov/rbc/archives/newsletter/vol10iss6_1.html.

If you have similar stories that you think would help others, we’d like to know about them. Call us at 1-800-245-2691, option 4, or send us an email at rbcsubmit@huduser.gov. Who knows, we may even highlight your community’s efforts in a future issue of Breakthroughs!



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