Year 2010

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Local Nonprofits Receive $12.7 Million in Grants and Loans to Support Green Affordable Housing in Rural America

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Local Nonprofits Receive $12.7 Million in Grants and Loans to Support Green Affordable Housing in Rural America

Awards Funded by the Housing Assistance Council,
The Home Depot Foundation, Enterprise Community Partners, Inc.,
and the U.S. Department of Housing and Urban Development

Contacts: Janice Clark, Housing Assistance Council, (202) 842-8600

Washington, D.C., July 12, 2010 – The Housing Assistance Council announced today that its January –June 2010 funding to support affordable green housing in rural America totals $12.7 million dollars to help build 1,697 homes. Most recently, HAC awarded grants totaling $265,000 to 24 local nonprofit rural housing associations to support green building techniques in homes owned or rented by low-income families. Grantees will use the funds to ensure that homes are more energy and water efficient, have good indoor air quality and provide a safe, healthy and affordable space to live.

Combined with $10.1 million in grants and loans awarded by HAC in April plus $2.3 million in earlier loans, today’s awards lead to a 2010 total of over $12.7 million for green, sustainable rural housing. The April grants are part of HAC’s HUD-funded Self-help Housing Homeownership Opportunity program (SHOP). In the SHOP program all 655 sweat equity-built units will be ENERGY STAR certified.

The latest $265,000 in grants are provided through The Home Depot Foundation and Enterprise Community Partners. Capital for HAC’s green loans comes from The Home Depot Foundation and other sources.

“Green building has become the standard for HAC’s affordable housing partners in rural America,” said Moises Loza, executive director, Housing Assistance Council (HAC). “HAC is committed to providing the resources needed so that its partners can build housing that is safe, green, and affordable. From Arizona to West Virginia, sustainable techniques have been integrated into the affordable housing development process.”

As part of its Green Building/Healthy Homes Initiative, HAC pairs capacity building grants with training and technical assistance activities and publications. The programs supported by these grants include single-family and multifamily housing development, as well as housing rehabilitation. HAC’s Green Building/Healthy Homes Initiative is funded in part by The Home Depot Foundation and Enterprise Community Partners.

“The Home Depot Foundation has been proud to work with the Housing Assistance Council for the past five years to assist rural developers as they incorporate affordable, efficient, durable and healthy components in their housing production work,” said Kelly Caffarelli, president, The Home Depot Foundation.

“Enterprise has made a call-to-action to those in the community development field to strive to make all affordable housing green by 2020,” said Ed Rosenthal, Vice President of National Rural and Native American Initiatives at Enterprise Community Partners. “We are extremely pleased to support HAC’s leadership in ensuring that affordable housing in rural America meets this goal.” Enterprise Community Partners’ support of these grants is part of the HAC/Enterprise Rural Capacity Building Initiative, a multi-year project that combines HAC’s depth, outreach, and expertise in rural communities with Enterprise’s resources and services.

2010 Green Building/Healthy Homes Grantees 2010 SHOP Grantees and HAC Loans
Universal Housing Development Corporation, Arkansas Alaska Community Development Corporation, Alaska
International Sonoran Desert Alliance, Arizona Sowing Seeds of Hope, Alabama
Colorado Housing, Inc., Colorado Northwest Regional Housing Authority, Arkansas
Florida Home Partnership, Florida South Arkansas Community Development, Arkansas
Homes in Partnership, Florida Universal Housing Development Corporation, Arkansas
Cobb Housing, Inc., Georgia Burbank Housing Development Corporation, California
YouthBuild McLean County, Illinois Coachella Valley Housing Corporation, California
Homestead Affordable Housing, Inc., Kansas Community Hsg Improvement Systems and Planning, California
Sault Ste. Marie Tribe of Chippewa Indians Hsg Auth, Michigan Self Help Enterprises, California
Southwest Minnesota Housing Partnership, Minnesota Colorado Housing, Inc., Colorado
Three Rivers Community Action, Inc., Minnesota Florida Home Partnership, Florida
Headwaters Housing Development Corporation, Minnesota Homes in Partnership, Florida
Tierra Del Sol Housing Corporation, New Mexico Interfaith Housing Services, Kansas
Rural Ulster Preservation Company, New York Frontier Housing, Inc., Kentucky
Yellow Springs Home, Inc., Ohio Housing Development Alliance, Kentucky
Zion Community Development Corporation, Ohio Kentucky Highlands Investment Corporation, Kentucky
Sojourners Care Network/Youthbuild of Southeastern Ohio, Ohio Low Income Housing Coalition of East Kentucky, Kentucky
Housing and Neighborhood Development Services, Pennsylvania Family Resources of New Orleans, Louisiana
Native American Community Board, South Dakota Community Concepts, Inc., Maine
Douglas-Cherokee Economic Authority, Inc., Tennessee Marquette County Habitat for Humanity, Michigan
People Incorporated of Virginia, Virginia Ozark Foothills Development Association, Missouri
Staunton-Augusta-Waynesboro Habitat for Humanity, Virginia Central Mississippi, Inc., Mississippi
San Juan Community Home Trust, Washington Esther Stewart Buford Foundation, Mississippi
Woodlands Development Group, West Virginia Montana Economic Development Assocs., Montana
Housing Assistance Corporation, North Carolina
Mountain Housing Opportunities, Inc., North Carolina
Interlakes Community Action Partnership, South Dakota
Community Action Network, Tennessee
Crossville Housing Authority, Tennessee
Eastern Eight Community Development Corporation, Tennessee
Community Development Corporation of Brownsville, Texas
Lower Valley Housing Corporation, Texas
Proyecto Azteca, Texas
Mountainlands Community Housing Association, Utah
Neighborhood Nonprofit Housing Corporation, Utah
Rural Housing Development Corporation, Uta

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ENTERPRISE

About the Housing Assistance Council
Founded in 1971 and headquartered in Washington, D.C., the Housing Assistance Council is a national nonprofit corporation dedicated to helping local organizations build affordable homes in rural America by providing below-market financing, technical assistance, research, training, and information services. HAC’s programs focus on local solutions, empowerment, reduced dependency, and self-help strategies. HAC is an equal opportunity lender. To learn more about HAC’s Green Building/Healthy Homes Initiative, visit www.ruralhome.org.

About The Home Depot Foundation Created in 2002
The Home Depot Foundation supports nonprofit organizations dedicated to creating and preserving healthy, affordable homes as the cornerstone of sustainable communities. The Foundation’s goal is for all families to have the opportunity to live in healthy, efficient homes they can afford over the long-term; to have access to safe, vibrant parks and greenspaces; and to receive the economic, social and environmental benefits of living in a sustainable community. Since its formation, The Home Depot Foundation has granted $190 million to nonprofit organizations and supported the development of more than 95,000 homes, planted more than 1.2 million trees, and built or refurbished more than 1,875 playgrounds, parks and greenspaces. For more information, visit https://www.homedepotfoundation.org/ and follow us on Twitter @homedepotfdn.

About Enterprise Community Partners
Enterprise is a leading provider of the development capital and expertise it takes to create decent, affordable homes and rebuild communities. For more than 25 years, Enterprise has introduced neighborhood solutions through public-private partnerships with financial institutions, governments, community organizations and others that share our vision. Enterprise has raised and invested more than $10 billion in equity, grants and loans to help build or preserve more than 250,000 affordable rental and for-sale homes to create vital communities. Enterprise is currently investing in communities at a rate of $1 billion a year. Visit www.enterprisecommunity.org and www.enterprisecommunity.com to learn more about Enterprise’s efforts to build communities and opportunity.