After the Cuts: How a 'For-Profit' Approach Is Reinvigorating Our Mission

摘要

Public housing programs are seeing their funding drastically cut as a result of sequestration. The Housing Opportunities Commission of Montgomery County (HOC) in Maryland, however, is developing a suite of innovative financing methods that include partnering with private capital, bundling bonds in new ways. The result is a "for-profit" approach that seeks to build long-term economic sustainability and growth, while still serving the mission of ending generational poverty by providing high-quality housing to those who need it most.