Another option for increasing public ownership of private properties is the use of community land trusts (CLTs). These organizations are typically nonprofit entities that acquire land and convey the land to building owners through a ground lease. By owning the land, CLTs ensure that properties sited on the land are affordable in perpetuity. Historically, private groups … [Read more...] about Public or Community Control of Rental Housing Policy Brief No. 3: Community Land Trusts and Other Public Ownership Vehicles (PRRAC, October 2020)
Fair Housing & Community Development
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The King County Housing Authority (KCHA) in Washington State has used eminent domain as part of its affordable housing strategy. Under Washington State law, public housing authorities are authorized to use eminent domain to acquire housing projects within their area of operation. KCHA has used the threat of eminent domain to encourage owners to sell affordable multifamily … [Read more...] about Public or Community Control of Rental Housing Policy Brief No. 2: Using Eminent Domain to Acquire Private Rental Housing – Recent Examples (PRRAC, October 2020)
The District of Columbia’s Tenant Opportunity to Purchase Act (TOPA) was enacted in 1980 and is designed to help tenants stay in their homes if an owner decides to sell their rental property. Under TOPA, tenants in multi-family buildings with 5 or more units have the right of first refusal. Under this provision, the owner of a rental property must offer tenants the option to … [Read more...] about Public or Community Control of Rental Housing Policy Brief No. 1: Right of First Refusal – Tenant Opportunity to Purchase Acts (PRRAC, October 2020)
Published as part of "What Works to Promote Inclusive, Equitable Mixed-Income Communities," the fifth volume in the Federal Reserve Bank of San Francisco’s "What Works" series. A PRRAC & NHT Essay (June 2019). By Peter Kye, Megan Haberle, Laura Abernathy, and Scott Kline. Excerpt: "This essay reviews the housing acquisition approach to providing greater access to … [Read more...] about High-Opportunity Partner Engagement: Creating Low-Income Housing Options Near Good Schools (PRRAC & NHT, June 2019)
A PRRAC-NHT Program Review. By Peter Kye, Michael Mouton, and Megan Haberle. Synopsis: More must be done to create affordable housing in well-resourced neighborhoods and provide real housing choice to low-income families. To address these issues, innovative models of housing acquisition are beginning to emerge, with a focus on creating new access to high-opportunity … [Read more...] about Developing Opportunity: Innovative Models for Strategic Housing Acquisition (Peter Kye, Michael Mouton & Megan Haberle, October 2018)