Affordable Housing Partnerships

Local banks or developers of affordable housing can form strategic partnerships with public, private and nonprofit organizations to create and maintain affordable housing.

One example of this is for builders or banks to form cooperative relationships with nonprofit organizations so that the nonprofits can take over the marketing of affordable housing projects or low-cost loan programs for home purchases for low- to moderate-income residents. This relationship enables builders or banks to save on marketing costs in order to help keep housing affordable.