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Affordable Housing Development Incentives

Federal, state and local programs that encourage the development of affordable housing by offering impact fee reimbursements, waivers or postponement plans; administrative construction fee exemptions; development plan fee waivers; priority processing for qualifying projects; sales tax rebates; property tax abatement; low income housing tax credits; private activity bonds to finance construction; density bonus programs that allow more housing units per acre than would otherwise be permitted; alternative design standards and other incentives. Impact fees are charges that are designed to compensate a community for the cost of extending the infrastructure to support new development, e.g., to help pay for the additional roadway capacity, water and waste water facilities, schools, parks, and fire protection facilities. Also included are programs that provide incentives that pay for the purchase, development or rehabilitation of rental housing that is targeted to older adults, people with disabilities, low income people in rural areas and other special populations.

• Service code: TB-3000.0400
• 1 provider

Community Housing Development Organizations

Private, nonprofit community-based organizations that are specifically organized to develop, own or sponsor affordable housing projects. In addition to being legally recognized as nonprofit corporations, CHDOs must have a board structure that reflects the community they intend to serve, have a stated commitment to development of affordable housing, be free of external controls from public or other nonprofit interests, have served the community in which they will undertake their housing development capacity for at least one year and have staff with demonstrated experience in the housing development area.

• Service code: TB-3000.1400
• 2 providers