Good Housing Works supports the affordable housing and community improvement needs of the greater SF Bay area through the implementation of programs, directly or through community stakeholders, to develop affordable housing solutions through development and redevelopment.
Affordable Housing Developers such as the team at Good Housing Works typically acquire funding in the form of a subsidy. The subsidy most often comes from local, state, or the federal government, but it can also come from other sources.The subsidy can be used to help cover construction costs, rents, or operating costs.
What types of subsidies are used to help fill the affordable housing funding gap?
- Hard Debt
- Soft Debt
- Grants and Other Subsidies
Depending on the specifics of an affordable housing project, we may use one, two, or all four of these types of assistance.
What are the benefits of affordable housing? A huge economic impact of affordable housing is the number of jobs it can create, both during the construction phases and ultimately through long-term societal growth.
Changing People's Lives
Above everything else, make a positive impact on the people and communities we serve.
A California in which all people have pathways to affordable housing.
Honesty, Professionalism, Caring