In the next five years, nearly 500,000 federally-assisted apartments and rental homes will reach the end of their current subsidy contracts and affordability restrictions for low-income families, according to new data released by the National Housing Preservation Database (NHPD). While many of these homes will remain in the affordable housing stock, others could be permanently lost.
The NHPD is a searchable, filterable, and downloadable database that contains a property-level inventory of nearly all federal and several state’s housing subsidies. New NHPD features make it easier than ever to identify properties at risk of loss. An enhanced mapping tool allows users to pinpoint publicly-assisted properties of interest, more property information, including bedroom unit mix, census tract, and target tenant type expands the number of risk factors available to users, and newly available preservation profiles report the number of units at risk of loss in each state.
The Public and Affordable Housing Research Corporation (PAHRC) at HAI Group and the National Low Income Housing Coalition are partnering to host a new webinar, “Identifying Expiring Affordable Homes with the NHPD,” on Tuesday, December 12, 2017, from 2:00 pm to 3:00 pm EST. Click here to register now and learn more about how to access the new NHPD features.
Participants will learn how to:
- Utilize the latest features of the NHPD through a live demonstration
- Identify federally-assisted properties at risk of loss
- Recognize risk factors that increase the likelihood of property to being lost from the federally-assisted housing stock