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This report provides sponsors of affordable housing with a general understanding of the philanthropic sector and with information on how to obtain philanthropic contributions to their projects. The first part includes an overview of affordable housing in Canada, an examination of the charitable sector & the donor community, and a look at the tax implications of donations to charities and non-profits. The second part sets out a strategic approach to addressing the issue of affordable housing at the national & local level. Appendices include: 13 case studies that illustrate how affordable housing sponsors have been able to secure the funding required to develop successful projects; three case studies showing how other non-profit organizations have been able to raise their profile & generate funding in support of different social issues; an overview of requirements for a successful fund-raising campaign and the steps for successful fund-raising; a detailed explanation of planned giving, a new & potentially advantageous fund-raising initiative; and a list of community foundations.
Praise for Developing Affordable Housing A Practical Guide for Nonprofit Organizations Third Edition "Ben Hecht's book explains in clear language everything needed to successfully engage in nonprofit housing development. He tells how to find the money, how to generate good design and quality construction, and how to improve management--a complete, well-researched, and well-presented 'A to Z' approach." --Henry G. Cisneros, former secretary U.S. Department of Housing and Urban Development "Ben Hecht's book makes the affordable housing development process accessible for communities and practitioners everywhere. Developing Affordable Housing should be on the bookshelf of every organization that cares about people and wants to make affordable housing possible." --Rey Ramsey, former chairman, Habitat for Humanity CEO, One Economy Corporation "The development of affordable housing is as much a journey as a destination. Ben Hecht's book provides maps and bridges while not losing sight of the challenging but elusive goal of providing decent, safe, and affordable housing." --Nicolas P. Retsinas, Director, Joint Center for Housing Studies Harvard University "In our work to increase the supply of safe, decent homes for those who need homes the most, we appreciate the power of partnerships and the value of information. So does Ben Hecht. Developing Affordable Housing is more than a practical guide for nonprofits--it's a library, a trusted advisor, and a road map. Read this book and benefit from its wisdom." --Stacey D. Stewart, President and CEO, Fannie Mae Foundation
Chronic homelessness is a highly complex social problem of national importance. The problem has elicited a variety of societal and public policy responses over the years, concomitant with fluctuations in the economy and changes in the demographics of and attitudes toward poor and disenfranchised citizens. In recent decades, federal agencies, nonprofit organizations, and the philanthropic community have worked hard to develop and implement programs to solve the challenges of homelessness, and progress has been made. However, much more remains to be done. Importantly, the results of various efforts, and especially the efforts to reduce homelessness among veterans in recent years, have shown that the problem of homelessness can be successfully addressed. Although a number of programs have been developed to meet the needs of persons experiencing homelessness, this report focuses on one particular type of intervention: permanent supportive housing (PSH). Permanent Supportive Housing focuses on the impact of PSH on health care outcomes and its cost-effectiveness. The report also addresses policy and program barriers that affect the ability to bring the PSH and other housing models to scale to address housing and health care needs.
The growing housing crisis cries out for solutions that work. As many as 3.5 million Americans experience homelessness each year, half of them women and children. One in four renters spends more than half of their income on rent and utilities (more than 30 percent is considered unaffordable). With record foreclosures and 28 percent of homes underwater, middle and low-income homeowners are suffering. Many congregations want to address this daunting problem yet feel powerless and uncertain about what to do. The good news is that churches are effectively addressing the housing crisis from Washington State to New York City--where an alliance of sixty churches has built five thousand homes for low-income homeowners, with virtually no government funding or foreclosures. This book not only presents solid theological thinking about housing, but also offers workable solutions to the current crisis: true stories by those who have made housing happen. Each story features a different Christian denomination, geographic area, and model: adaptive reuse, cohousing, cooperative housing, mixed-income, mixed-use, inclusionary zoning, second units, community land trusts, sweat equity, and more. Making Housing Happen is about vision and faith, relationships, and persistence. Its remarkable stories will inspire and challenge you to action. This new edition includes significant new material, especially in light of the ongoing mortgage crisis.
This book shows how to implement strategies for successfully managing affordable housing. It is the first book to combine property management with economic development--a new strategy that uses the resources of housing developments to create more stable communities.

Affordable Housing

United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Policy Research and Insurance

Published: 1990

Total Pages: 240


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Philanthropy and endowed foundation are vitally important institutions of modern society, yet in recent years, they've faced new threats such as declining resources and questions of accountability and performance. To address these questions, individual philanthropists and foundation leaders have looked to strategic philanthropy to become more effective and efficient. This important book provides an overview of creative philanthropy along with an analysis of its theory and practice. The authors spell out the implications of their study for management and policy and provide readers with vital tools and techniques. Drawing on case study examples and incorporating sections on key questions and dilemmas, this revealing book covers: the philanthropic deficit finding a distinctive role to do more with less characteristics of the creative foundation beyond strategic philanthropy the strength of creative philanthropy developing creative foundations and philanthropic practices. Essential reading for all those who study or work in foundations, philanthropy and non-profit organizations, this volume clearly navigates a path through this significant yet highly complex subject area.
The practice of philanthropy, which releases private property for public purposes, represents in many ways the best angels of our nature. But this practice's noteworthy virtues often obscure the fact that philanthropy also represents the exercise of private power. In The Tyranny of Generosity, Theodore Lechterman shows how this private power can threaten the foundations of a democratic society. The deployment of private wealth for public ends may rival the authority of communities to determine their own affairs. And, in societies characterized by wide disparities in wealth, philanthropy often combines with background inequalities to make public decisions overwhelmingly sensitive to the preferences of the rich. Allowing private wealth to dictate social outcomes collides with core commitments of a democratic society, a society in which people are supposed to determine their common affairs together, on equal terms. But why exactly is democracy valuable? How should these values be weighed against the liberty of donors and the many social benefits that philanthropy promises? Lechterman explores these questions by examining various topics in the practice of philanthropy: the respective roles of philanthropy and government, public subsidies for private giving, the use of donations for political speech, instruments of perpetual giving, the rise in giving by commercial corporations, and effective altruism as a guide for individual giving. These studies build to a surprising conclusion: realizing the democratic ideal may be impossible without philanthropy--but making philanthropy safe for democracy also requires fundamental changes to policy and practice.
A richly illustrated history of below-market housing in New York, from the 1920s to today A colorful portrait of the people, places, and policies that have helped make New York City livable, Affordable Housing in New York is a comprehensive, authoritative, and richly illustrated history of the city's public and middle-income housing from the 1920s to today. Plans, models, archival photos, and newly commissioned portraits of buildings and tenants by sociologist and photographer David Schalliol put the efforts of the past century into context, and the book also looks ahead to future prospects for below-market subsidized housing. A dynamic account of an evolving city, Affordable Housing in New York is essential reading for understanding and advancing debates about how to enable future generations to call New York home.