Racking the Weight: A Nonprofits’ Guide to Lifting a Community’s Affordable Housing Stock
Student Researcher: James Russell
Link to Capstone Poster
Link to Executive Summary
This guide is just a light step into the complexity and diverse range of opportunities that await affordable housing developers. We will explore three equally important ways nonprofits can best impact the number of available low-income “affordable” units. First, nonprofits can take on the challenge of bringing new affordable units into the market. Second, nonprofits can work to convert existing market-rate buildings and repurpose it for affordable housing. The third option is for the nonprofit to become advocates and to institute programs to help at-risk residents keep living in their current home. The guide will discuss each of these in turn and provide examples of nonprofit organizations and development projects in each category for nonprofits to further research and potentially emulate.