Capital for Communities: Preserving Affordable Rental Housing Through a Nonprofit Real Estate Investment Trust

Noelle St. Clair

Cascade, 2017, vol. 1

Abstract: Housing affordability is essential for neighborhood revitalization and social and economic mobility alike, but affordable housing units continue to be limited as demand for them climbs. In cities throughout the country, including Philadelphia, market forces in gentrifying neighborhoods place the affordability of many housing units at risk. This article will explore the Housing Partnership Equity Trust (HPET), a nonprofit real estate investment trust (REIT) that utilizes private capital to acquire, preserve, and improve affordable rental housing units across the country

Keywords: rental housing; non profits (search for similar items in EconPapers)
Date: 2017
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.philadelphiafed.org/community-developm ... dable-rental-housing (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedpca:0074

Access Statistics for this article

Cascade is currently edited by Becca Sells

More articles in Cascade from Federal Reserve Bank of Philadelphia Contact information at EDIRC.
Bibliographic data for series maintained by Becca Sells ().