Technical Assistance
Technical Assistance to Government Housing Agencies
CHPC regularly provides technical assistance to public agencies involved in the financing and preservation of multifamily affordable housing.
In 2007, in recognition of the critical situation facing many California housing authorities, CHPC expanded its nationally recognized affordable housing preservation program to help California housing authorities use cutting edge financing strategies to maximize their ability to access non-HOPE VI public and private financing resources. CHPC is currently assisting the Los Angeles, San Mateo, Sutter, Fresno, Marin, and Merced County Housing Authorities with repositioning their public housing portfolios to take maximum advantage of these other non-HUD resources. CHPC is also providing technical assistance to the City of Alameda and Richmond Housing Authorities.
CHPC has also been a pioneer in the development of specialized financing techniques to help partnerships between housing authorities and developers use project-based Section 8 vouchers to leverage more than $250 million in additional private financing. CHPC was awarded a MacArthur Grant in 2003 in recognition of its expertise and national leadership in this area.
Examples of CHPC’s technical assistance work include:
- Assisting various state funding agencies in evaluating the at-risk status of applicants for competitive financing programs wishing to preserve federally subsidized housing;
- Assisting the California Housing Finance Agency in design of its Preservation Acquisition Loan Program as well as its earlier program to refinance Section 236 and Section 202 developments;
- Assisting the housing departments in Los Angeles, San Francisco, and Davis in developing multifamily underwriting guidelines;
- Developing an internal proforma for the Los Angeles Housing Department to use in assessing loan requests;
- Assisting the Los Angeles Housing Department in developing a strategy for maximizing the benefits of project-based Section 8 vouchers
- Preparing a report for the City of Stockton on the potential creation of a local housing development corporation;
- Assisting the Housing Authority of the County of Los Angeles in evaluating loan requests to the City of Industry loan program;
- Assisting Redevelopment Agencies to create affordable housing production strategies and to negotiate with master developers in project areas;
- Serving as a technical advisor to U.S. Department of Housing and Urban Development, the Resolution Trust Corporation and Federal Deposit Insurance Corporation in their disposition of selected properties;
- Assisting the Consolidated Area Housing Authority of Sutter County in developing financial strategies for revitalizing and expanding its stock of affordable housing;
- Assisting the San Mateo County Housing Authority with developing a strategy for (1) repositioning its public housing; (2) maximizing the use of its Project-Based Voucher program; and (3) redeveloping and expanding its other stock of affordable housing;
- Assisting the Housing Authority of Merced County in evaluating a 94-unit tax credit development as part of a plan to revitalize and expand its stock of affordable housing;
- Assisting the Housing Authority of the County of Los Angeles with the analysis and disposition of two properties.
Our Services
We provide the following specific services to help nonprofit and government agencies build and preserve affordable housing.
For More Information:
Email: info@chpc.net
Phone: 415.433.6804