Todd Nedwick's Page

By taking action to provide diverse housing options near transit, community leaders and developers can ensure that people of all incomes can enjoy the benefits of quality, affordable transit. A new report by Enterprise, the National Housing Trust and Reconnecting America details how four U.S. cities are preserving affordable rental housing while expanding their transit systems. The report identifies tools and strategies used by community leaders, community development corporations (CDCs), and…See More

Can anyone identify examples where Weatherization Assistance Program funds were used to weatherize a vacant property? We are working to help a group of illegally evicted tenants reoccupy their building (now vacant). The building was purchased last year. The state weatherization agency is saying that WAP funds can't be used because it's vacant. They want to see examples where this has been done. Tenants will reoccupy the building within the 180 days of the completed weatherization work as…See More

Yesterday, President Obama signed into law the Economic Recovery Act. Below are details on resources provided for affordable housing preservation in the act, including:• $2 billion to fully fund project-based Section 8 contracts;• $250 million to repair and green HUD assisted affordable multifamily housing;• $4 billion to repair existing public housing; and• significant new resources to help fund stalled tax credit projects across the U.S.Section 8 Funding. Securing full funding for Section 8…See More

Preserving affordable rental housing near transit is becoming increasingly urgent. Changing demographic trends, traffic congestion, and high commuting costs are resulting in increasing demand to live near transit. As the market for housing near transit heats up, the threat exists for many affordable apartments to be converted to market rate housing. Are there specific strategies states and localities are adopting to preserve affordable housing near transit?