3 Articles Found
The Corporation for Supportive Housing has published "Housing Credit Policies in 2009 that Promote Permanent Supportive Housing". The report provides a synopsis of 2009 Low Income Housing Tax Credit Qualified Allocation Plans (QAP) and describes the strategies used in different states to support the creation of supportive housing within the QAP – such as scoring incentives, set-asides and the use of thresholds. Tax credits have been an important source of capital financing for permanent supportive housing projects (PSH) for some time and the report describes how an increasing number of Housing Credit Agencies are also now using them to promote a diverse array of supportive housing models. These models range from projects with 100% of units dedicated for PSH, to projects with only a small proportion of units (10%) dedicated for supportive housing. Click here to read the full report.
This report provides an assessment of the cost effectiveness of supportive housing provided by the Lennox Chase development in Wake County. Lennox Chase is a Low Income Housing Tax Credit housing complex for individuals with low incomes, many of whom were formerly homeless. The complex was developed by DHIC. The development provides 36 efficiency apartments, each with a kitchen, bath, bedroom, and living area. Each apartment is designed for single room occupancy. All residents pay rent which is based on the individual’s income. The complex opened in 2003. This analysis identifies a number of potential benefits of supportive housing. One benefit is stability. More than half of the residents interviewed have been living in the complex for more than three years. Case management and crisis management services are provided by an onsite social worker. Read the full …
Recent years have seen remarkable shifts in approaches to community based housing and support needs for three vulnerable low-income groups, including: • Frail elders. • People with significant disabilities. • Chronically homeless people. These new approaches are collectively referred to in this report as supportive housing. In preparing this report, it became clear that current literature and existing policies may not sufficiently reflect the common principles, approaches, and issue