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Lessons learned from recent efforts in three Bay Area jurisdictions to distill best practices for designing and implementing local acquisition-rehab preservation programs. It includes case studies that illustrate the impacts acquisition-rehab efforts have had on communities, profiles of recent financing initiatives aimed at supporting this work, and an analysis of development costs for a sample of properties recently acquired by nonprofit stewards.
Preservation
Resource
Through effective partnerships and informed decision-making processes, faith-based organizations (FBOs) who own underutilized or vacant property are able to repurpose their property to create affordable homes and public benefit. This resource assists FBOs and community stakeholders interested in advancing this strategy with understanding what it takes to successfully and effectively implement this solution and the different implementation approaches that can be pursued.
Resource
This white paper explores where the use of off-site construction techniques can boost the creation of subsidized housing and create cost savings for market-rate developers, which can help expand the supply of homes and ultimately enable homeowners and tenants to benefit from these benefits by lowering their housing costs, and what kinds of changes to the regulatory and financing systems could scale the use of off-site construction.