2012 • 2 years • Housing
The California Housing Partnership Corporation helps nonprofits and local governments create, acquire and preserve housing affordable through financial consulting, technical assistance and policy research. As a result of to regulatory barriers and thin operating margins, affordable rental housing has not been able to finance comprehensive energy efficiency improvements. A promising solution to address these obstacles involves binding lenders, property owners and utilities through repayment programs administered through a utility bill. The Corporation will use this grant to help develop, implement and test an on-bill repayment program to serve the multifamily sector across California.
2002 • 2 years • Housing
To develop financing tools to preserve affordable rental housing (over two years).