Faces of Affordable Housing 2018
Members of McKonly & Asbury’s affordable housing team attended Housing Development Corporation MidAtlantic (HDC)’s Faces of Affordable Housing Reception on April 19, 2018.
One of the highlights of the evening was watching video testimonials by residents who live in properties managed by HDC. One testimonial came from a woman who described how her accessible apartment has dramatically improved her life and independence. Another testimonial came from a single mom who described how her affordable apartment has allowed her to pursue her dream of attending college where she is working toward becoming a professional dancer. Both stories were extremely moving!
HDC highlighted their “Hope and Opportunity Fund.” Contributions to this fund assist HDC residents with emergencies or one-time needs to avoid eviction. This fund provides flexible funds for resident needs such as food assistance, rental assistance, health or sanitation products, transportation, or other necessities. Since the inception of this fund, dozens of households have been saved from eviction. During the past year, the average amount of support needed to help a resident keep their home was only $660. During the evening, it was announced that this fund had been renamed the “Michael R. Carper Hope & Opportunity Fund” after HDC’s president who has been instrumental in the creation and success of this fund.
Our team left the event inspired to continue to do our best to help affordable housing developers and managers do all the right things so they can continue to create affordable housing!
McKonly & Asbury is a leader in accounting and consulting for affordable housing developments in Pennsylvania. For more information, please visit our web-site or contact affordablehousing@macpas.com.
