As a nation, we are facing crisis after crisis. More than 200,000 Americans have died from the coronavirus—a number that grows steadily each day. Tens of millions of people have lost jobs, and many businesses are shutting their doors. At the same time, recent incidents of police brutality against Black and Brown individuals have put a needed spotlight on the systemic racism that has plagued our society for too long.
CDT announced a new $70 million investment to turn a 452-unity Southeast Austin apartment complex into affordable housing. NHT made a loan for the property—showing the many different roles that high-capacity nonprofits such as SAHF members play in order to contribute to affordable housing solutions across the country.
Fannie Mae has announced that Vertical Harvest (VH), in partnership with the National Affordable Housing Trust (NAHT), received a contract award under the Sustainable Communities Innovation Challenge: Healthy Affordable Housing.
SAHF comments state that efforts to modernize CRA should seek to provide clarity and predictability in the evaluation process, but in doing so must also prioritize meeting the needs of LMI people and communities.