COVID-19 Resources for Asset Managers

April 26, 2020 10:03 AM | Anonymous

During the COVID-19 crisis, asset managers of mission-driven affordable housing are needed now more than ever. CHAM is committed to connecting asset managers to the ideas, tools and expertise you need to protect our nation's affordable housing resources.

Stress Testing Your Portfolio: POAH’s Look at Stressors and Mitigation Strategies Amidst COVID-19

Dena Xifaras from Preservation of Affordable Housing shared a portfolio sensitivity analysis template at a CHAM webinar in May. It continues to prove useful to asset managers to test new assumptions as economic, social and health factors change during the crisis. See the tool and an explanation of how it is used on the POAH website. 

"Navigating New Challenges: What Asset Managers Should Be Thinking About Now Right Now"

This TCAM webinar is now available on-demand. It discusses the dynamic set of challenges Asset Managers continue to navigate as the COVID-19 crisis evolves. As a follow-up, TCAM also shared answers to the questions received during the webinar. 

Hope for the Best, Plan for the Worst: Addressing the Aftermath of the COVID-19 Pandemic In America’s Struggling Neighborhoods

By Alan Mallach, Center for Community Progress Senior Fellow

This paper aims to help communities across the U.S. look ahead to proactively consider and combat the budget, equity, and programmatic challenges of a post-COVID-19 environment. Click here to download the reading.  

NHC COVID-19 Housing Resource Center Launched

National Housing Conference has created the COVID-19 Housing Resource Center, which features information from every facet of the housing industry. Their goal for the site is to allow practitioners to sort through hundreds of different resources by topic area and state as quickly and efficiently as possible. They are curating resources and updating content daily, and are committed to maintaining a collaborative and comprehensive one-stop website for the affordable housing industry.

"What Should an Asset Manager be Thinking About Right Now?"

This TCAM webinar is now available on-demand. As the affordable housing industry struggles with the challenges posed by COVID-19, many asset managers are navigating enormous uncertainty. In this webinar aired on April 21, 2020, TCAM's senior leadership shares observations and discusses what asset managers should be looking at in the current situation.

Responding to Resident Needs

CORES has compiled a selection of resources to support resident services programs – both to support an immediate response to COVID-19 and to support organizations as they shift from their emergency response to stabilizing families, properties, and communities, and to planning for a
more resilient future. 

Other Links

Digital Equity and Access in Affordable Housing Webinar

NeighborWorks America and SAHF, Resident Services Convening

While it is commonly understood that we increasingly live our lives “online,” the sweeping changes required by the COVID-19 crisis spotlight the essential nature of connectivity for health, stability, and economic well-being. With access to a high-speed internet connection and a fully capable device, many people were able to transition to remote work, education, socialization, and healthcare. But for millions of people of limited economic means, this transition has left them with greater disadvantages than before. Residents of affordable housing communities face steep barriers to the in-home connections that are essential to access healthcare, financial support, and social connection; and that help to reduce social isolation.

Presenters offer framing on the state of the digital divide in the context of affordable housing, and share some of the pilot solutions and early learnings gained through interviews with practitioners, internet service providers, and partners working in the digital access space.

Thank you to Stewards of Affordable Housing for the Future and NeighborWorks America for making the webinar recording available to the CHAM community.

Tools for Landlords with Tenants Impacted by COVID-19

From the HUD Exchangethis document helps landlords to engage with at-risk tenants while remaining in compliance with fair housing laws and understand the key elements of a repayment plan. The document provides links to sample rent repayment agreements. 

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