The deadline is fast approaching! Nominate an outstanding project that has advanced the goals of historic preservation while promoting affordable housing, community revitalization, and enhanced economic opportunities for low- and moderate-income families. The Advisory Council on Historic Preservation (ACHP) and HUD are accepting nominations for the 2025 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation to recognize a project that has achieved success in preserving, rehabilitating, restoring, and interpreting our architectural and cultural heritage. Listen to the ACHP Acting Chairperson's message on the award here: https://lnkd.in/e9kNymFX. Submit your nominations by January 22, 2025: https://lnkd.in/ech2jA-R

To address declining levels of housing affordability, Atlanta launched a revolving housing production fund in 2023, committing $38 million to support affordable housing development on public land. The fund provides low-interest mezzanine financing for new mixed-income, publicly owned projects. Early efforts include transferring 3 publicly owned properties to development partners, which are expected to yield approximately 800 mixed-income units by 2030. Read more on HUD User’s #PDREdge: https://lnkd.in/e_pYeS5Z

Housing Trivia Tuesday!

The average sales price of a new home in the San Antonio-New Braunfels, Texas metropolitan area dropped below the average price of an existing home in the past year.

HUD announced the availability of $10 million in funding to support eligible minority-serving institutions (MSIs) in researching critical housing and community development topics. This funding opportunity aims to advance knowledge in the field while strengthening research capacity within eligible MSIs. Eligible applicants for this funding opportunity include Historically Black Colleges and Universities, Hispanic-Serving Institutions, Tribal Colleges and Universities, and Alaska Native/Native Hawaiian-Serving Institutions. Applications are due April 9, 2025. Read the press release here: https://lnkd.in/eEa_BaXB

Have you submitted a nomination for the 2025 ACHP/HUD Secretary’s Awards for Excellence in Historic Preservation? The award recognizes developers, organizations, and agencies for their success in advancing the goals of #historic preservation while (1) providing affordable housing for low- and moderate-income families and individuals and (2) supporting community and/or economic development. Submissions are due on January 22, 2025. Visit HUD User for more info: https://lnkd.in/ech2jA-R

This article is the third in a series examining HUD’s #homeownership and #rental assistance programs and identifies the key household- and neighborhood-level drivers of program participation. Researchers found that local context plays a significant role in shaping variations observed in program participation. Among the most important factors are the prevalence of minority households, the prevalence of low-income households, and whether an area is urban, suburban, or rural. Looking at household-level characteristics, researchers found that race, ethnicity, age, and sex of the household head, and the number of dependents are relevant factors. The research suggests that program participation is a complex interaction between household characteristics and location. These findings have implications for future policy design and avenues for research. Read more on HUD User’s #PDREdge: https://lnkd.in/ewrTftR2

The deadline to submit your nominations for the 2025 ACHP/HUD Secretary’s Award for Excellence in Historic Preservation is January 22, 2025. The award recognizes developers, organizations, and agencies for their success in advancing the goals of #historic preservation while (1) providing affordable housing for low- and moderate-income families and individuals and (2) supporting community and/or economic development. Visit HUD User for more information: https://lnkd.in/ech2jA-R

In the Washington, D.C. area, the Washington Housing Initiative (WHI) is a partnership launched in 2018 by real estate firm JBG Smith and the nonprofit Federal City Council to address the rental affordability needs of moderate-income households. Using a market-based model, WHI raises private capital through a social impact fund called the Impact Pool, that it lends to WHI-affiliated Washington Housing Conservancy or another mission-driven nonprofit to purchase and operate naturally occurring affordable #rental housing in high-opportunity neighborhoods with rising rents to preserve affordability for moderate-income residents. Between January 2020 and April 2024, WHI had helped preserve more than 3,000 units of workforce rental housing at 9 properties throughout the D.C. region. Read more on HUD User’s #PDREdge: https://lnkd.in/eEWdCZxh

In the Leadership Message, Solomon Greene, Principal Deputy Assistant Secretary at PD&R, reflects on the office’s accomplishments over the last 2 years and future priorities. In recent years, PD&R has helped HUD expand its role in closing the housing supply gap; built capacity to better harness technology and #innovation to advance housing research and #policy development; elevated and applied insights from people with lived experience to improve equity in PD&R’s work; and improved data support for HUD program operations, among other achievements. Read more on HUD User’s #PDREdge: https://lnkd.in/exEXZhH2