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August 10, 2016: NHLP releases memo on families threatened by maturing mortgages in affordable housing

Tens of thousands of units in certain HUD properties are experiencing or facing mortgage maturity or the expiration of use restrictions or assistance. Unassisted tenants in these properties face the serious risk of a rent increase. For FYs 2015 and 2016, Congress has again targeted $5 million for tenant protection vouchers in each year to address this issue.

Please see NHLP's updated August 2016 memo and spreadsheet, requesting your assistance in identifying specific properties that may warrant tenant protections. NHLP has identified more than 32,274 unassisted units in 314 properties in 45 states at risk of mortgage maturity or the expiration of use restrictions or assistance in the FY 2015 -17 window. HUD released this FY 2016 guidance in August 2016.

This year NHLP is pleased to be able to present the information in graphical form as a Google map so you can easily zoom in and find properties in your area. You can use our Advocacy Guide.

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