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Enterprise's  Permanent Supportive Housing Preservation (PSH) Initiative advances policy solutions and provide capacity building support to the PSH development community in Los Angeles. The goal is to ensure that aging PSH assets and the nonprofit housing development organizations that operate them are stable and sustainable over the long-term horizon of ownership.

LA PSH Preservation Brief - November 2019

This policy brief, updated from 2017, provides a first-ever assessment of the amount of aging project-based PSH that is at physical and financial risk in Los Angeles County. The brief also describes key risk factors and offers public policy recommendations for state and local PSH funders to integrate preservation activities into regional homelessness response strategies. For a deeper review of PSH preservation needs and opportunities, please see our white paper Preserving Permanent Supportive Housing in Los Angeles: What Will It Take?

 

 

The PSH Preservation Initiative is made possible through the generous support of the Conrad N. Hilton Foundation, Ralph M. Parsons Foundation and United Way of Greater Los Angeles.

Partnerships for Equitable and Inclusive Neighborhoods

November 6, 2018 – More than 70 affordable housing and community development practitioners participated in Partnerships for Equitable and Inclusive Neighborhoods at the California Community Foundation. The convening showcased the programmatic alignment of our Sustainable Connected Communities and Homelessness and Supportive Housing programs. Two lively panels explored emerging themes in the field: fostering meaningful community engagement throughout the development process and real estate joint ventures. Keynote speaker Beth Babcock,  Economic Mobility Pathways (EMPath) CEO, offered a provocative discussion of the use of brain science to humanize the experience of poverty and its impact on decision-making.

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Preserving Permanent Supportive Housing in Los Angeles: What Will It Take?

October 22, 2018 – Following  the release of Preserving Permanent Supportive Housing in Los Angeles: What Will It Take?, Enterprise convened more than 50 public and nonprofit stakeholders to shed light on a growing need in the field to preserve our existing project-based supportive housing stock. 

Effective Coordination Between Asset Management and Housing Development

December 7, 2017 - The third session in our capacity-building series focused on the successful approaches to ensure strong coordination between asset management and housing development when planning the next permanent supportive housing development.  The training drew upon experiences from three of the leading PSH developers in the region, with attention to building design, financing and regulatory compliance.

Resyndicating Permanent Supportive Housing: What’s Your Game Plan?

May 22, 2017 - The second session of our ongoing training series offered an examination of the components and uniqueness of resyndicating permanent supportive housing properties. The freshly built module was designed to introduce new and existing project management, asset management and public agency housing finance staff to the elements of effectively preparing for and executing a PSH resyndication project, including:

  • The early phases of goal setting and staffing
  • Establishing financial feasibility, tax issues and structuring details
  • Negotiating with government lenders

Regan Maechling, Enterprise Community Investment, and Debbie Burkart, National Equity Fund, both regional syndication leads, also participated in a closing panel examining investor perspectives on these types of transactions.  California Housing Partnership Corporation’s Paul Beesemyer served as the lead presenter and moderator, with support from noted tax attorney Kyle Arndt, with both providing deft guidance throughout this full-day seminar.

Lessons Learned in Occupied PSH Rehabs

March 21, 2017 - The first in a yearlong series on PSH preservation, this half-day workshop drew upon the organizational experiences from leading PSH developers to explore the renovation process including financing, project management and resident engagement. 

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