Affordable Housing

  • Messaging Matters: Alabama’s Housing Trust Fund

    In 2012, the Alabama legislature took a significant step forward to address our ongoing housing crisis by passing HB110, the Alabama Affordable Housing Act, which established a state housing trust fund. The Low Income Housing Coalition of Alabama (LIHCA) has advocated for increased housing opportunities for low income Alabamians since its inception and we view the passage of HB110 as a...

  • Investing in the American Dream

    Speaking on the panel, "Social Investing: So What is a CDFI and Why Are They Important to Communities?" at the Southeastern Council of Foundation 's Annual Meeting, Grace Fricks, CEO of ACE Loans told the audience, "The American Dream isn't possible for any of us if it's not possible for low-income people."
    Community Development Financial Institutions (CDFIs) like...
  • A Working Paper on Housing and Poverty

    Questions addressed in the paper include:

    When is housing an asset? What is the relationship between affordable housing and other tools for reducing poverty, including jobs, education and community development? How do regional and cultural differences shape housing strategies?

    Research for this paper on the relationship between housing and moving out of poverty was completed...

    A Working Paper on Housing and Poverty
  • Community Development Financial Institutions: A Study on Growth and Sustainability

    The Babcock Foundation occasionally commissions learning papers to increase our board and staff knowledge of various pathways out of poverty, with a focus on the Southeastern United States. This study was released in June 2011 to inform organizational thinking about the challenges and opportunities facing community development financial institutions (CDFIs).

    CDFIs are for-...