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The term "assisted housing preservation" refers to public policy
efforts to maintain the affordability of rental properties financed
or subsidised by the Department of Housing and Urban Development
(HUD), but owned by private for-profit or non-profit organisations.
Beginning in the late 1950s, HUD extended mortgage and/or rental
assistance to owners in exchange for which the owners agreed to
make their units affordable to low- and, in some cases,
moderate-income tenants. This book introduces the concept of
assisted housing preservation, provides background information, and
discusses current public policy issues and proposed legislation
corresponding to the preservation of HUD-assisted housing..
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