Developing Affordable Housing
A Practical Guide for Nonprofit Organizations
Chapter One
Developing Affordable Housing
in the Twenty-First Century
1.1 Introduction 3
1.2 The Current State of America's
Affordable Rental Housing 4
1.3 The State of America's Working
Poor Seeking Affordable
Housing 4
1.4 Current Trends in Affordable
Housing 6
1.5 Unique Opportunities for
Nonprofit Organizations:
Rental and
Homeownership 10
1.1 INTRODUCTION
Affordable housing development came of age in the twentieth century.
Many significant federal programs were created from the Federal Housing
Act of 1934 through the Affordable Housing Act of 1990 that stimulated
supply and subsidized demand for both homeownership and rental
housing. By the early 1990s, these programs had helped to provide decent,
safe, and affordable homes to millions of working American families. At
its height, the industry was managing more than 5.5 million units of federally
supported, afford ... read full excerpt from Developing Affordable Housing: A Practical Guide for Nonprofit Organizations ebook
