Rising unaffordability and speculation are threatening Los Angeles’ affordable housing stock. LISC LA is pleased to invite local organizations to apply to the Keep It Affordable Academy, a training and technical assistance program developed to increase local capacity around affordable housing preservation.
This five-month program will build a cohort of mission-driven organizations committed to preserving affordable housing in Los Angeles’ most vulnerable communities. The cohort will be supported with tailored preservation plans, financial consulting, peer learning, and workshops covering topics such as property identification, acquisition funding and strategies, resident engagement, and policy solutions.
The program’s goals are to:
- Accelerate and support the production and preservation of affordable housing;
- Train a cohort of affordable housing developers, community land trusts, advocates, elected officials, and municipalities on how to identify unsubsidized affordable housing, expiring HUD-financed properties, and LIHTC-financed properties in their neighborhood
- Help participants develop a preservation plan tailored to their community’s needs that includes acquisition and financing strategies;
- Work with cohort members to develop and advocate for policy solutions that advance affordable housing acquisition, preservation, asset building strategies, and community ownership models.
Applications due – January 14, 2022
Program will run for five months, starting February 2022.
Application and more information, here.