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Welcome to today’s webinar: “Identifying Expiring Affordable Homes with the National Housing

Preservation Database (NHPD)”

Keely Stater, PhDDirector of Research and Industry IntelligencePublic and Affordable Housing Research Corporation atHAI Group

Kelly McElwainDatabase ManagerPublic and Affordable Housing Research Corporation at HAI Group

Andrew Aurand, PhDVice President for ResearchNational Low Income Housing Coalition

PRESENTERS

Dan EmmanuelResearch AnalystNational Low Income Housing Coalition

Overview of Webinar

• Welcome• Affordable housing risk factors• What is preservation and stakeholders’ roles• NHPD overview• Demonstration of NHPD• Q & A• Coming soon

What Does it Mean to Be ‘At Risk’

• Inadequate funding to address capital needs– Failed inspections and/or loss of habitability

• Affordability restrictions ending–Conversion to market‐rate or other use

Subsidy Awarded

1985

Subsidy End Date

2020

Affordability PeriodAt Risk

2055

NHPD EnhancementsNearly 500,000 Units are at Risk of Loss in the Next Five Years

Property Risk Factors

Property Risk

Factors

Built before 1975

Lower percentage of assisted

units

Low REAC score

Less than 50 units

Family target

tenant type

For‐profit ownership

Neighborhood Risk Factors

Neighborhood Risk Factors

Central city

High housing values

Rent‐to‐FMR less than 80%

High median rent relative to region

Low poverty rates

NHPD EnhancementsWhat Does Preservation Mean?

• Safeguard long‐term rental assistance for current and future generations

• Stabilize properties by placing them on solid financial footing

• Improve and modernize properties through capital repairs

At Risk At Risk

What Does Preservation Mean?

Your Role in Preservation

Advocates• Advocate for the availability of preservation funds and incentives

• Advocate for the preservation of at‐risk properties

Developers• Acquire properties at risk of leaving the affordable housing stock

• Locate funds to preserve at‐risk properties

Local Government

• Identify and work with owners who may be at risk of opting out

• Ensure preservation funds and incentives are in place• Craft policies that support long‐term ownership• Incorporate preservation into housing needs assessments

Common NHPD Uses

Locate subsidized properties

Estimate properties at risk of losing one or more subsidies

Inform preservation strategies

Identify tenant and owner rights

Create a local preservation database

Other Resources to Support Your Role in Preservation

Advocates Guide

• Primer on federal affordable housing and community development programs

• Link, Source: NLIHC

Preservation Workbook

• Provides exercises and resources to help property owners develop a preservation plan

• Describes steps to determine a property’s funding needs• Link, Source: HUD

Nexus Housing

Policy Guide

• Describes affordable rental housing preservation policies, funding strategies, and case studies

• Link, Source: National Housing Conference

PrezCat• An online, searchable catalog of state and local affordable housing preservation policies

• Link, Source: National Housing Trust

NHPD Overview ‐ Data

Property Name• Property street address• Geographic characteristics• Unit count• Property owner and type• Active/inactive subsidies• Subsidy end date(s)• Subsidy start date• REAC score/date• Target tenant type• Occupancy rate• Bedroom unit mix

Subsidy Name• Subsidy ID• Program name• Manager name and type• Owner name and type• Start/end dates• Unpaid principal balance• Rent to FMR ratio• Subsidy status

Programs Included

Included Programs• Section 8 project‐based rental assistance• Section 202 direct loans• State HFA funded section 236• Low income housing tax credits (LIHTC)• HOME• Public housing• HUD insured mortgages (affordable

only)• USDA Section 538• USDA Section 515• USDA Section 514• State‐funded programs for MA, CT, and

FL

Excluded Programs• State and locally funded programs• Project‐based vouchers• McKinney Vento Permanent Housing• HOPWA• Tax‐exempt multifamily housing bonds• Section 516 Farm Labor Housing• Community Development Block Grants

(CDBG)

NHPD User Enhancements

New Variables• Occupancy rate• Target population• Construction date• Fair market rent• Bedroom mix• FL, CT, and MA state

subsidies• Inactive status description

New Features• Improved filtering

capabilities• Inactive properties extract• Subsidy extract• Preservation profiles• New mapping tool• Updated subsidy data from

HUD and USDA• Ability to import new data• Improved accuracy

Subsidy Status

Active

End date is in the future or is public

housing

Inconclusive

End date is missing

Section 8: End date has passed by less than one

yearLIHTC: Subsidy is listed as non‐programmatic or the 30 year use period

has ended

Inactive

Subsidy missing from subsequent data

refreshes. End date is in the past.

Section 8: End date has passed by more than one

year or is listed as terminated

HUD Insured Mortgages: Mortgage listed as

terminated

NHPD Resources

Mapping Tool

Statewide reports

Filterable inventory

Downloads

NHPD EnhancementsAccessing Mapping Tool

www.preservationdatabase.org

NHPD EnhancementsMapping Tool – Applying Filters

NHPD EnhancementsMapping Tool – Viewing Selection

NHPD EnhancementsMapping Tool – Viewing Infographics

NHPD EnhancementsAccessing Preservation Profiles

NHPD EnhancementsAccessing Database

NHPD EnhancementsApplying Subsidy Filters

NHPD EnhancementsApplying Property Filters

NHPD Enhancements

Displaying Subsidy Data

NHPD EnhancementsDownloading Data

Questions?

NLIHCAndrew AurandVice President for Research [email protected]‐662‐1530, ext. 245

PAHRCKelly McElwainDatabase [email protected]‐873‐0242, ext. 259

www.preservationdatabase.org

Updates for 2018

• Reports– National Estimates of LIHTC Housing Losing Affordability Restrictions

– Picture of Preservation

• Data– Biannual data refresh– Outreach for state subsidies

• Webinars

welcome to today’s webinarpreservationdatabase.org/wp-content/uploads/2017/12/nhpd... · 2017....

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