Interested in affordable housing development and finance, supporting the City of Philadelphia’s comprehensive housing strategy, meeting new stakeholders and finding a new volunteer opportunity through ULI?
The Philadelphia Local Initiative Support Corporation (LISC) has been awarded the contract to complete the City of Philadelphia’s Housing Action Plan (HAP), which will provide a multi-pronged strategy to preserve and create a range of housing options to meet the needs of Philadelphia’s homeless, low-income, workforce and market-driven housing demand during the next decade. LISC and the Urban Land Institute (ULI) Philadelphia have partnered to co-convene a sub-committee on Naturally Occurring Affordable Housing (NOAH) – strategies to preserve existing housing that is affordable but not subsidized through an existing program – as part of the Affordable Rental Housing Preservation Working Committee.
ULI Philadelphia is seeking up to four expert member volunteers to serve on the NOAH sub-committee and assist in developing a set of recommendations for preserving Philadelphia’s supply of housing to be incorporated into the City’s Housing Action Plan. The NOAH sub-committee members will commit to meeting up to four times from June 2018 – August 2018. Each meeting will be a maximum of 2 hours and may include up to 3 hours of prep time in advance of each meeting in conjunction with staff. During these meetings the group will review needs for best practices research, review research findings and initial recommendations, and finally present top recommendations. ULI may also provide relevant practitioner experience and national case studies to apply to the overall process.
Interested? Please complete this short interest form by May 25th. Applications will be reviewed by ULI leadership, and volunteers will be selected based on their experience in the activities listed below. NOAH sub-committee members will be selected and notified by May 31st and meetings are expected to begin in early June.
- Experience financing / developing / managing / designing small rental properties (2-15 units)
- Experience financing / developing / managing / designing workforce or affordable housing (at or below about 80-120% of AMI)
- Interest and familiarity with incentive models for preservation of existing affordable housing stock and / or public private partnerships
Questions regarding this initiative should be directed to Abby Rambo at email@example.com.