A New Model for Affordable Housing

Updated: Jan 22, 2020

Across the country, public housing authorities have $26 billion in capital repair needs. $17 billion of those repairs are at NYCHA properties in New York City.

Karp Strategies is excited to share that we recently began working with Enterprise Community Partners to evaluate an innovative program called RAD (Rental Assistance Demonstration). The program aims to protect long-term affordability by leveraging additional funding from the private sector to make improvements. While NYCHA continues to own the land and oversee major decisions, permanent affordability protections shif