LEDAHF creates opportunities for safe and affordable housing for low and moderate income citizens by cooperating with local government to further its housing goals by:
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Organizing partnerships to construct new homes, rehabilitate existing housing, and make them available at affordable prices |
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Facilitating home acquisition using a variety of techniques, including the administration of programs such as “HomeStart” in Loudoun County, Virginia |
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Promoting “home ownership education” for first time homeowners and building a supportive environment for new tenants |
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Utilizing State Housing Partnership Programs in order to benefit as many low and moderate income households as possible |
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Joining in the U.S. Department of Defense efforts to improve housing for military personnel through the construction of new affordable living-quarters under the 1996 Housing Privatization Authority program (which as extended to December 2004 in the 2001 Defense Authorization Act) |
LEDAHF will have non-profit joint-venture partners and will also joint-venture with “for-profit” developers whenever this allows greater access to capital or reduced costs. The Foundation will also participate in national and local affordable housing organizations, and will work with other charitable entities having compatible goals.