Developing Affordable Housing: A Practical Guide for Nonprofit Organizations (Wiley Nonprofit Law, Finance and Management Series)

Praise for Developing Affordable Housing A Practical Guide for Nonprofit Organizations Third Edition "Ben Hecht's book explains in clear language everything needed to successfully engage in nonprofit housing development. He tells how to find the money, how to generate good design and quality construction, and how to improve management--a complete, well-researched, and well-presented 'A to Z' approach." --Henry G. Cisneros, former secretary U.S. Department of Housing and Urban Development "Ben Hecht's book makes the affordable housing development process accessible for communities and practitioners everywhere. Developing Affordable Housing should be on the bookshelf of every organization that cares about people and wants to make affordable housing possible." --Rey Ramsey, former chairman, Habitat for Humanity CEO, One Economy Corporation "The development of affordable housing is as much a journey as a destination. Ben Hecht's book provides maps and bridges while not losing sight of the challenging but elusive goal of providing decent, safe, and affordable housing." --Nicolas P. Retsinas, Director, Joint Center for Housing Studies Harvard University "In our work to increase the supply of safe, decent homes for those who need homes the most, we appreciate the power of partnerships and the value of information. So does Ben Hecht. Developing Affordable Housing is more than a practical guide for nonprofits--it's a library, a trusted advisor, and a road map. Read this book and benefit from its wisdom." --Stacey D. Stewart, President and CEO, Fannie Mae Foundation Updating the practical advice and regulatory information found in the second edition, Developing Affordable Housing, Third Edition provides the cutting-edge tools and strategies to create long-term stability and meet community housing needs. This practical, hands-on guide to real estate development provides comprehensive coverage of the entire development process, including putting together the development team, determining feasibility for the project, financing, budgeting, long- and short-term financing, and permanent loans, purchase contracts, as well as obtaining site control and establishi Bennett L. Hecht. Includes Bibliographical References And Index.