California Preservation Academy: November 2022 – June 2023
Enterprise’s Preservation Next program is launching a series of publicly available, no-cost virtual training sessions designed to assist affordable housing developers and providers, practitioners and policymakers, and advocates with guidance to acquire, rehabilitate and preserve the affordability of homes located in unsubsidized small- to medium-multifamily (SMMF) properties, prevent displacement of residents at risk of eviction, and advocate for preservation minded policies, programs, and resources.
November 3, 2022: Preservation Academy Kickoff. At this first session of Enterprise’s Preservation Next Academy, Enterprise highlighted the importance of the unsubsidized affordable housing in SMMF properties. A panel of practitioners from The Unity Council, East Los Angeles Community Corporation, and Fideicomiso Comunitario Tierra Libre grounded SMMF preservation locally and offered key insights into future opportunities to advance this work in Los Angeles and the Bay Area. Watch the webinar and download the presentation.
November 17, 2022: Preservation Deals: Organizational Sustainability and Business Planning. This session of our Preservation Next California Academy introduced key factors for organizations to effectively acquire and operate small to medium multifamily (SMMF) properties. Guest speakers from the San Francisco Housing Accelerator Fund and Mission Economic Development Agency discussed strategies to scale up and sustain SMMF acquisition-preservation efforts and how organizations can assess their readiness and develop preservation business plans. Watch the webinar and download the presentation.
December 1, 2022: Acquisition, Property Identification, and Evaluation of SMMF Properties. This session highlighted strategies and tools to effectively identify, evaluate, and acquire SMMF properties based on property-, community-, and market-based considerations. During this session, Enterprise presented on the property and ownership characteristics of SMMF housing stock and how these data can inform acquisition strategies. Attendees heard from Tenderloin Neighborhood Development Corporation about successful SMMF acquisitions and the organization’s evaluation framework used to assess potential acquisition deals. Watch the webinar and download the presentation.
January 12, 2023: Financing SMMF Preservation. This session of Enterprise’s California Preservation Academy provided an overview of local and state financing resources to support a preservation project and highlighted strategies to evaluate a project’s financial feasibility, meet financing gaps, and preserve affordability. During this session, participants heard from Enterprise Community Loan Fund, Community Vision Consulting and Capital, T.R.U.S.T South LA, and Gensis LA about important financing considerations to make small to medium multifamily (SMMF) preservation deals successful. Watch the webinar and download the presentation.
February 2, 2023: Sustainability, Resilience and Health Considerations for SMMF Preservation. This session will dive into preservation considerations for sustainability, resilience and health in the California context, including climate resilience and environmental factors. Register
February 23, 2023: Navigating Rehabilitation of SMMF Properties. This session will provide an overview of factors that may impact rehabilitation and long-term success of a preservation project, including the unique rehabilitation needs of SMMF buildings, local building and zoning regulations, and effective engagement of existing residents. Register
March 16, 2023: Preservation Development Models. This session will dive deeper into potential preservation models, providing an overview of traditional rental models, joint ventures, shared equity, and community ownership models. Register
April 6, 2023: Community Land Trusts and Preservation - Deep Dive Special Session. This session will focus on the engagement of community land trusts (CLT) in SMMF preservation in California, including an overview of the CLT model, financing structures and their inclusion of residents in the long-term ownership plan. Register
April 27, 2023: Policy and Its Impacts on Preservation. This session will provide an overview of how the policy landscape can impact the preservation of SMMF buildings and help stabilize the residents who live in them, including key local, state, and national policies. This session will also highlight case studies and best practices for partners to promote policies that create a better enabling environment for preservation and housing stability. Register
May 18, 2023: Property and Asset Management. This session will provide an overview of property management models and strategies that minimize operating costs and keep residents stably housed, as well as asset management to improve the long-term financial health of SMMF properties. Register
June 8, 2023: Housing Stability and Eviction Prevention. Participants will gain an understanding of the critical role eviction prevention interventions play within the preservation process and strategies to promote housing stability for residents living in SMMF properties. Register
All sessions are open to the public. For more information, please contact Sara Haas.
- Preservation & Eviction Prevention