Affordable Housing Development in the Nonprofit Sector
The persistent challenge of providing affordable rental housing has been a longstanding concern for policymakers, government officials, and academics. The debate over which type of entity is best suited to address this issue remains a subject of contention. This thesis delves into the collaborative approach adopted by Abode Communities, a prominent non-profit affordable housing developer, in partnership with T.R.U.S.T South Los Angeles. Through a comprehensive case study, the research investigates the obstacles, skills, achievements, and successful strategies employed in the affordable housing industry.
The study utilizes the “Quadruple Bottom Line” framework to assess the literature and evaluate the skills, strategies, and commitment demonstrated by Abode Communities and T.R.U.S.T. South Los Angeles to uphold their dedication to ensuring affordability for their residents and community members. Additionally, the research incorporates insights from interviews with professionals working in the affordable housing development industry and a representative from a housing authority to provide a well-rounded perspective on collaborative partnerships in affordable housing initiatives.
The findings of this study will contribute to identifying policy recommendations aimed at improving the facilitation of similar collaborative projects in the affordable housing sector. By shedding light on successful approaches and overcoming challenges, this thesis aims to support the ongoing efforts to address the critical need for affordable rental housing.
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