window of opportunity
<< back

The Window of Opportunity: Preserving Affordable Rental Housing resource bank was created by CFED with grant support from the John D. and Catherine T. MacArthur Foundation to gather, showcase and share critical information, organizational contacts and other resources to help preserve and improve the nation's diminishing stock of low-cost rental homes. In August 2008, the resource bank was transferred to

This page provides background information on the Window of Opportunity initiative and links to related resources that can be found throughout our section on preserving affordable rental homes.

Across the country today, successful preservation projects are on the rise and model policies are taking shape at local, state and federal levels. Preservation owners are acquiring, refinancing, renovating and preserving the existing stock of affordable rental homes and states, cities and regions are paying greater attention to the need to preserve and improve the existing stock of affordable rental housing.

To accelerate this activity, the MacArthur Foundation provides direct support through its $150-million initiative, Window of Opportunity: Preserving Affordable Rental Housing. Click here [PDF] to see a partial list of grantees, which include nine specialized preservation lenders and 23 mission-driven nonprofit organizations. The list also includes leading national preservation policy experts, affordable housing researchers, and organizations that are working on targeted preservation initiatives in Cook County, Illinois and New York City.

In February 2009 the MacArthur Foundation announced an additional $32.5 million in awards through the Initiative, for 12 State and Local Housing Preservation Leaders seeking to roll out or ramp up model preservation policies and initiatives.  Click here for more information about the 12 award recipients, or view the full List of Finalists [PDF].

Click here to view media resources and recent articles on the preservation of affordable rental homes.

Click here to view the Window of Opportunity Gallery, which showcases successful preservation projects.

Articles and reports from the Window of Opportunity Information Bank have been added to the Key Resources page in the section on preserving affordable rental homes. Please visit this page to
browse the collection of reports on housing preservation policies, best practices and research on the at-risk stock of affordable rental housing.