The Academy is a series of no-cost training and peer learning sessions designed to help rural housing providers acquire and/or preserve USDA Rural Development (RD), HUD and LIHTC financed housing in their respective communities. Training sessions will be open to existing owners/operators interested in preserving their properties or parties interested in acquisition for the purpose of preservation of property affordability.  The Academy sessions will span from basic introduction and overview of RD, HUD and LIHTC programs to exploring financing options and new financing models. Enterprise will bring in experts and practitioners that have proven success in preserving units and are thinking outside the box when it comes to funding to help deliver the training sessions. All training sessions will be held virtually. Attendance to any of the academy sessions is available to any interested stakeholders.
 
Through this call for applications, Enterprise is accepting applications from organizations to form a cohort of participants in the Preservation Academy. Up to fifteen organizations will be selected as members of the Preservation Academy Cohort.  In addition to the delivery of the trainings, cohort members will receive no-cost, targeted, one-on-one technical assistance to support rural preservation efforts. The assistance will be tailored to the needs of the recipient based on what their goals are and the support they identify in being critical to move their project forward. 

Review the request for applications for document. The application is closed after Friday, March 28.

Submission Materials
Responses should include the following materials:

Brief Organizational Narrative that includes:

  • The organization’s current housing portfolio that includes, number of units, ownership structure, property management structure (in house or contract management), and whether your organization manages properties for other owners
  • Plans for expansion of the portfolio if relevant,
  • What the organization hopes to gain from participating in the Preservation Academy,
  • Names of development staff and agency leadership who will be taking part in the trainings and will participate in TA.
  • Capacity of the organization to dedicate staff time to the Preservation Academy and the preservation of USDA RD/HUD/LIHTC properties should also be addressed,
  • Description of the anticipated TA needs the organization will see under the TA portion of the Preservation Academy (see above description of potential TA). 

Signed USDA Assurance Agreement (400-4)

Note
This work is funded in part by USDA’s Rural Community Development Initiative. To file a program discrimination complaint, complete the USDA Program Discrimination Complaint Form, AD-3027, found online at http://www.ascr.usda.gov/complaint_filing_cust.html and at any USDA office or write a letter addressed to USDA and provide in the letter all of the information requested in the form. To request a copy of the complaint form, call (866) 632-9992. Submit your completed form or letter to USDA by Mail to U.S. Department of Agriculture Office of the Assistant Secretary for Civil Rights 1400 Independence Avenue, SW, Washington, D.C. 20250-9410; Fax: (833) 256-1665 | (202) 690-7442; or Email: [email protected].  

Submission Instructions
Applications should be submitted electronically to [email protected] 
by 5:00 pm PST on March 28, 2025. The application is closed after Friday, March 28.

Learn More
Any questions on the call for applications process can be directed to: Adrienne Norwood, Senior Program Associate, at [email protected]

Notification of Selected Applicants
All applicants will be notified of selection via email on April 1.  

Preservation