The Legal Guide to Affordable Housing Development, Second Edition |
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Producing and maintaining quality affordable housing is not an intractable social problem but one that requires putting together the essential pieces of the puzzle -- a development concept responsive to community needs, suitable land, permissive land use regulations, adequate government funding programs, and creative public-private partnerships. To assist those working in the field, The Legal Guide to Affordable Housing Development covers the most important areas of applicable law and provides a comprehensive overview of affordable housing laws.
This continues to be a time of challenges for affordable housing, with the now-familiar mortgage and foreclosure crises resulting in a period of deep uncertainty and long-term adjustment. This timely second edition provides not only a past and future perspective from seasoned professionals, but also includes critical updates to all of the chapters from the best-selling first edition on important issues such as the various and ever-changing legal challenges, new financing opportunities, the "greening" of affordable housing development, preservation and more. New chapters have been added to address recent legislative changes to the Low Income Housing Tax Credit Program, Mixed-use Development, and critical issues in financing.
The Legal Guide to Affordable Housing Development is a clearly written, practical resource for attorneys representing local governments (municipalities, counties, housing authorities, and redevelopment agencies), housing developers (both for-profit and nonprofit), investors, financial institutions, and populations eligible for housing.
With substantial cross-referencing between chapters and an extensive index for quick access to on-point information, the guide is organized into three separate parts:- Part I covers the regulatory framework of developing affordable housing. It includes chapters on planning requirements and zoning issues, a wide variety of constitutional and statutory provisions promoting affordable housing, and building and housing codes affecting affordable housing.
- Part II addresses the provision of affordable housing finance, including local, state, and federal regulation of private, local, state, and federal sources of finance; local government powers; and mixed-finance housing development.
- Part III surveys critical legal obligations that affect affordable housing after it has been built, looking at regulatory compliance and enforcement at the state and federal level as well as preservation of subsidized housing issues. It also includes a chapter on federal relocation and replacement law that concerns housing acquired for the purpose of making it affordable.
Additionally, the book provides a completely updated Affordable Housing Development Resource List. This is a comprehensive list of websites and other citations to general reference works and technical materials concerning affordable housing development as well as compilations and evaluations of affordable housing strategies.
Both for-profit and nonprofit housing developers have demonstrated that contemporary affordable housing can be safe, attractive, professionally managed, and a community asset. Providing a current, balanced and thorough treatment of this important issue, The Legal Guide to Affordable Housing brings together 23 of the most knowledgeable voices in the field who work in private practice, nonprofits, government, and law schools. It represents the American Bar Association's continuing contribution to supporting the development of affordable housing in the United States.
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