Expanding Partnerships
Leveraging Capital ASSOCIATES INC
Leveraging Capital from Housing Partners
Case Study — Housing Opportunity Investment Fund, Charlotte, NC
As arecent example, Charlotte, North Carolina brought
Expanding Partnerships
Leveraging Capital
Leveraging Capital from Housing Partners
Issues/Opportunities Addressed: C)
Timeframe for Action: Mid to Long Term
Recommendations
RECOMMENDATIONS
EXPANDING PARNTERSHIPS
RKG
Nashua Housing Study - 74
New and Expanded Housing Programs
First Time Homebuyer Program
ASSOCIATES INC
Reintroduce First Time Homebuyer Program
Issues/Opportunities Addressed:
Timeframe for Action: Short Term
Downpayment and closing cost assistance helps low- and moderate-income
families overcome one of the most common barriers to homeownership—
accumulating sufficient savings to make a downpayment and pay for closing
costs on a mortgage.
New and Expanded Housing Programs
Rehabilitation Programs
Expand Rental and Owner Rehab Programs
Issues/Opportunities Addressed:
Timeframe for Action: Short to Mid Term
Recommendations
RECOMMENDATIONS
INVEST IN NEW AND EXPANDED HOUSING PROGRAMS
RKG
Nashua Housing Study - 71
Aligning Policy and Housing Outcomes
Registry and Inspections
Phase in Rental Registry and Inspection Process
Case Study — Rental Registry, Burlington, VT
Aligning Policy and Housing Outcomes
Rental Unit Inspections
Phase in Rental Registry and Inspection Process
Issues/Opportunities Addressed:
Timeframe for Action: Inspection Process - Long Term
Aligning Policy and Housing Outcomes
Rental Registry
Phase in Rental Registry and Inspection Process
Issues/Opportunities Addressed:
Timeframe for Action: Rental Registry Process - Mid Term
The creation of a rental registry is an important step in
identifying rental units and holding property owners
accountable for violations to city ordinances and codes.
Without a robust rental registry, the City may lack the
necessary information to identify owners and tenants,
quantify the number of rental units, track property
Aligning Policy and Housing Outcomes
Inclusionary Zoning
Update Inclusionary Zoning Regulations
Case Study — Inclusionary Zoning, Newton, MA
In 2018, the City of Newton, Massachusetts began a
process to revise their Inclusionary Zoning policy. Housing
affordability was worsening, and the City was experiencing
an influx of large residential and mixed-use projects which
provided ample opportunities to increase the overall
number of affordable housing units.
