Investigating Programs Designed to Help Stabilize Communities
Debate and policy efforts across the nation have been racing to create new affordable housing solutions while the preservation and improvement of existing affordable housing is a much less discussed issue. Naturally occurring affordable housing or NOAH constitutes the majority of the affordable units in America. NOAH is generally considered to be rental housing that is at least two decades old, limited on amenities, and accessible without a subsidy. However, if left unprotected, NOAH is at risk of becoming unaffordable when units are improved, and occupants are priced out. View the original article to learn more about the mission of the NOAH Impact Fund and how it is helping to prevent the displacement of low-income tenants.