Mitchell Friedman, Chairman of the Coalition of Affordable Housing
Providers and Principal of Pinnacle Housing Group noted that Governor
Bush wisely recognized the growing affordable housing need in his
recent budget recommendations by earmarking $550-million from the
Sadowski Act Trust Fund to help provide affordable housing statewide. "Simply put, housing is an ongoing crisis issue
that is not going away even after the outpouring of support it has
received this year.

income redevelopment

"The Governor and the Hurricane Housing Work Group are doing an
effective job in assessing the present problem and allocating funds
where they can immediately help the most," he went on to say.
"We have to keep the hurricane housing issue very much on the
front burner," said Lt. "We ask lawmakers to streamline the process so that affordable
housing aid doesn't get tangled in red tape. The GOAL program provides $2.org/detroit .

knowledgeplex hic

As a result, the Governor formed the Hurricane Housing Work Group
in November of last year to provide recommendations on how to use
available resources to meet the long-term housing needs created by
last season's storms. The
Coalition is uniquely positioned among similar organizations to help
meet this need for Floridians all across the state with the necessary
infrastructure already in place to immediately begin utilizing these
funds.ahfc.liscnet.

pending syndication

Business Editors/Real Estate Writers

TALLAHASSEE, Fla.

administer hic

The Coalition anticipates playing a significant
role in meeting this statewide need. Deadline is Oct.
With 25 years of proven strategies for investing and turning around high-
risk neighborhoods, LISC combines corporate, government and philanthropic
assistance to provide community development corporations with the necessary
resources to revitalize underserved communities.

lisc incomes

shelterforce adequate

Since 1986, AHFC
has contributed more than $1.

housing listserve

Since the 2004 hurricane season,
once-affordable rentals have dwindled and real estate, construction
and insurance costs have risen to unprecedented levels," said
Friedman. Through collaborations centered
on education , advocacy, training and support, CDAD works to increase the
individual and collective capacities and effectiveness of Detroit's CDCs.

nhi listserve

motivations hud

----The Coalition
of Affordable Housing Providers , a strategic alliance of Florida
non-profit and for-profit developers, views the Governor's recent
proposal that allocates nearly $100 million for affordable rental
housing in hurricane-impacted areas as a positive initial step toward
meeting the pressing need for affordable housing statewide , coalition
members say."
With Florida rebuilding, citizens should urge the Legislature to
adopt the Governor's recommendation and then address the long-term
needs.4 billion to Alaska's State budget revenues
through cash transfers, capital projects and debt service payments.
Detroit LISC serves as a nonprofit intermediary channeling financial and
technical support to Detroit CDCs.

administer housing

Recommending such a significant amount
of money for providing affordable rental properties in impacted areas
is a fantastic step toward helping those impacted by last year's
devastating storms.

Application and details are at www. 14, 2005.

LISC CDAD Invite Nonprofits to Submit Nominations for 2005 Detroit Community Development Awards

A panel of judges evaluates applications and winners are announced at the
2005 Awards Luncheon, Friday, September 16, 2005 in Detroit at the Atheneum
Hotel.

Sites dealing with the broad issue of affordable and low income housing.

pending incomes

The sharp rise in home prices makes homeownership beyond the
reach of too many families. This includes many whom Floridians
depend upon for their most basic needs: policemen, firefighters,
nurses, teachers and the many others who make up Florida's workforce.

Fifth annual event recognizes Detroit nonprofit community development
corporations (CDCs) working to revitalize Detroit neighborhoods;
deadline is Wednesday, July 13

DETROIT, Nominations are now being accepted for
the fifth annual Detroit Community Development Awards sponsored by Detroit
Local Initiatives Support Corporation (LISC) and Community Development
Advocates of Detroit (CDAD).

ngos lisc

knowledgeplex hic

As
the rebuilding continues it appears the most severely affected are
those who can least afford it.

dwellings syndication

Governor Toni Jennings at a recent meeting of
the Hurricane Housing Work Group.
"The Coalition and other experts have been sounding the alarm
about the need for more affordable homes across the state for years
and we 've made some progress, but there is still plenty of work to
do," Friedman said.

About the Coalition:

The Coalition of Affordable Housing Providers, a member of the
Sadowski Act Coalition , formed in 1996 as a strategic alliance of
non-profit and for profit developers and professional service
providers in Florida designed to advocate affordable housing
legislative initiatives; promote the affordable housing industry
through networking and disseminating information and to act as a
liaison between the Florida Housing Finance Coalition to promote the
private sector's interests in affordable housing development in
Florida. Detroit LISC works closely
with city and state governments and partners with residents, investors,
lenders and donors, such as foundations and major financial institutions. For more
information visit http://www.

incomes pending

lisc shelterforce

But the overall issue of affordable housing is not a new problem
Florida is facing, a sentiment echoed by many across the state.us. It is the only Detroit event where CDCs are recognized for their
successful housing and commercial revitalizing efforts in their neighborhoods.

housing hic

The deadline is Wednesday, July 13, 2005.

incomes listserve

The program is open to for-profits,
non-profits, and regional housing authorities.
Monetary awards of up to $5,000 are granted to winners. For further 2005
Awards information and nomination forms call Detroit LISC at
(313) 596-8222.

shelterforce affordable

" The Coalition's strongly recommends a higher
level of commitment through ever-increasing multi-year funding (to
reflect inflation and increasing housing and land cost) consistent
with the original intentions of the Sadowski Act.
The Coalition recommends that the Governor and Legislature target
these funds in such a manner that assures immediate delivery of new
housing while the hurricane damage crisis remains most acute.
Alaska Housing Finance Corporation announces
the 2006 GOAL Program funding process.

AHFC is a self-supporting public corporation with offices in 16 communities
statewide. AHFC also
provides energy and weatherization programs, low-income rental assistance
in 18 communities, and special programs for the homeless. The
organization has raised over $67 million and leveraged an additional $350
million in funding for Detroit as one of national LISC's offices. Nationally, through 2,300
funders and donors, LISC has raised over $6 billion and built or rehabilitated
158,000 affordable homes and 23 million square feet of retail , community and
educational space. LISC has offices in 33 urban communities and rural
programs in 37 states.

knowledgeplex hud

Struggling communities
need this money quickly, or the homeless ranks will only grow ," said
Friedman.7
million in grants and $20 million in federal tax credits to developers and
project sponsors who build affordable rental housing for low- to
moderate-income families and seniors. It provides statewide financing for multi-family complexes,
congregate facilities, and single-family homes, with special loans for
first-time home buyers, low- and moderate-income borrowers, veterans ,
teachers, nurses, and those living in rural areas of the state.

nonprofits syndication

Governor's Recommendation Takes Significant Step Toward Meeting State Housing Needs

"Our
state has been struggling with the affordable housing shortage for
years.
After the devastating hurricane season of 2004, many Floridians
were left with a major predicament: a damaged or destroyed home and no
viable option for decent, affordable housing in their community.

PRESS RELEASE AHFC Announces Availability of $22.7 Million in GOAL Funds

syndication dwellings

Scott Culp of CED Companies, Vice Chairman of
the Coalition of Affordable Housing Providers and member of the
Hurricane Housing Work Group said, "The Work Group is definitely
moving in the right direction.

CDAD is a trade association of CDCs
grounded in grassroots participation and empowerment.

lisc knowledgeplex

Click on [Download] [GOAL
Program] [Goal Program Notice of Funding Availability (NOFA) -- Rental and
Homeownership Development] (Use dropdown box).
This year's award categories for nonprofit CDCs are:
* MASCO CDC of the Year Award - recognizing a CDC that has gone above and
beyond the call of duty, making a demonstrable and measurable difference in
the community it serves through housing and commercial development
* Outstanding Leadership Award - Recognizing a community development
corporation (CDC) who has pushed the envelope and successfully moved its
community development agenda, providing a role model of leadership for others
in the industry
* Innovations Award - Recognizing a CDC who has used creative solutions
to provide quality neighborhood redevelopment
* Partner Award - Recognizing a partner (either profit or nonprofit ) who
has supported and contributed to the nonprofit CDCs in Detroit
* Neighborhood Impact Award - Recognizing a CDC who has made a dramatic
impact on the physical appearance of Detroit neighborhoods

As the citywide trade association for CDCs in Detroit, CDAD has over 100
member and supporting member organizations.

listserve motivations

Celebrating 15 years in the city, Detroit LISC has offered CDCs technical
assistance, project financing, operating support and training to help them
build capacity and revitalize their neighborhoods.

syndication viable

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