A new report from the National Housing Trust explores promising practices in the design and implementation of stabilization funds that help preserve affordable housing in the near term.
The Bottom Line: Stabilization funds are emerging as a critical tool to preserve affordable housing by providing flexible financial support to right size debt, address deferred maintenance, or provide short-term operating support.
The report profiles four states and local jurisdictions that are effectively stabilizing thousands of homes and ensuring the long-term viability of affordable housing portfolios.
It outlines four key best practices that can serve as valuable models for other regions facing similar challenges.
