Rental Housing: Preservation and Rehabilitation
Recognizes programs that best preserve or rehabilitate affordable rental housing.
Note: Individual developments are not eligible for an award.
Judging Criteria
Rental Housing entries will be judged on the degree to which they:
- Are innovative
- Are replicable
- Respond to an important state housing need
- Demonstrate measurable benefits to HFA targeted customers
- Have a proven track record of success in the marketplace
- Provide benefits that outweigh costs
- Demonstrate effective use of resources
- Effectively employ partnerships
- Achieve strategic objectives
If you have questions, please email awards@ncsha.org or call 202-624-7710.
2023 Winner
Illinois Housing Development Authority
2023 Entries
Illinois Housing Development Authority:
Preservation Program
In addition to the natural aging of the state’s affordable housing stock, the COVID-19 pandemic negatively affected rent rolls due to increased unemployment causing many property owners to defer maintenance projects. To ensure low-income families, seniors and other vulnerable households continue to have access to housing that is safe, healthy and well-maintained, IHDA created the Preservation Program to provide the capital that addresses physical needs.
