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Example Practices: Advancing Equity

Part 2 of this Guide illustrates example practices and case studies that the apartment industry, policymakers and the broader community have adopted to improve resident outcomes and advance housing equity. These examples are intended to spark inspiration about what housing equity could look like. They are not an exhaustive list but instead serve as both a menu of options (albeit incomplete) and an illustration of the diversity of approaches that are relevant for the many roles that various stakeholders play across the apartment industry.

Use the chart below to understand how the example practices profiled in this Guide intersect with the Housing Bundle.

 

Housing
Stability

Housing
Quality

Housing
Affordability

Neighborhood
Context

Housing that
Builds Wealth

Development, Location and Design Practices

Mixed-income housing

 

 

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Improving the range of unit sizes available

 

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Co-location of housing and essential services

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Affordability preservation and displacement mitigation

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Community benefits agreements

 

 

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Property Management and Operation Practices

Expanding Housing Choice Voucher utilization

 

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Aligning marketing practices with housing equity goals

 

 

 

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Multi-year leases and predictable rent increases

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Rent reporting to build credit history

 

 

 

 

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Providing resident services

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Apartment Investment and Financing Practices

Incorporating an ESG lens (with specific emphasis on social outcomes)

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Addressing developer capacity or balance sheet risk

 

 

 

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Addressing local market and location risk

 

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State and Local Policy Advocacy

Equitable land-use and zoning regulations

 

 

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Utilization of rental assistance, including removing barriers to owner participation

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Anti-displacement and community stability measures

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Eviction mitigation and housing stability

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Federal Policy Advocacy

Funding and improving federal subsidy programs

 

 

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Initiatives to expand housing affordability, stability and access

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Adoption of alternative credit models

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Using tax policy to support housing equity goals

 

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Housing finance reform

 

 

 

 

 

Reauthorize and reform National Flood Insurance Program

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Bridge the digital divide

 

 

 

 

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