Authors: Neil S. Mayer
1991
Publication:
Fannie Mae Foundation

In recent years, nonprofit organizations involved in housing have multiplied in number and expanded the size and scope of their activities in low-income housing preservation. Newly available data show that nonprofits now constitute a significant sector in the upgrading, maintenance, and management of affordable housing and continue to focus their efforts on serving those most in need. Analysis also indicates that the potential exists for significant further expansion of their activities in the short and medium term. While nonprofits cannot, by themselves, meet the enormous needs for preserving low-income housing, they can be major contributors, particularly if carefully designed expansion of federal support for projects and operations comes to complement their current resources.

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