A recent news article highlights a report commissioned by Enterprise “Preserving Naturally-Occurring Housing Affordability in Metro Atlanta Neighborhoods,” which provides policy recommendations for preserving NOAH in the region. The report notes that although NOAH is cheaper to preserve naturally occurring affordable housing (NOAH) than building new affordable housing, the fact that it is unsubsidized makes it intensely vulnerable to market pressure. To maintain the current NOAH stock, government officials can offer developers and landlords tax relief — including property tax abatements — for housing that remains affordable, giving them an incentive against raising rents or turning the NOAH into luxury apartments.
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing