Welfare Reform Impact on MHFA-financed Housing in Massachusetts

Tom Boland (wgcp@earthlink.net)
Wed, 24 Feb 1999 21:51:30 -0800 (PST)


FWD 24 Feb 1999 via Center for Budget and Policy Priorities
<housingwelfare@lists.cbpp.org>

The Massachusetts Housing Finance Agency has recently completed an
assessment of welfare reform's potential impact on the agency's portfolio of
multi-family rental housing.  The study, based primarily on surveys of site
managers at more than 250 MHFA-financed developments, provides baseline
estimates for a number of key indicators including:

*	The number of tenants on welfare;
*	The number of such tenants who faced the Commonwealth's Dec. 1, 1998
benefit termination deadline;
*	Expected rental income loss and unit turnover resulting from welfare
reform;
*	Expected effects of welfare reform on the quality of life at
MHFA-financed developments;
*	Predicted rates of tenant success in finding sustaining employment;
*	Obstacles to tenant employment;
*	Supportive services available to tenants.

The study analyzes the Agency's portfolio by both region and subsidy type to
focus attention on high impact areas and includes recommendations for
action.

You may view the Executive Summary in pdf format by pointing your browser
to:

http://www.mhfa.com/welfare.pdf

Both the summary and the full report may be obtained by contacting the MHFA
Public Information Department at (617) 854-1841.

Philip Poley
Senior Analyst
Corporate Planning and Development
Massachusetts Housing Finance Agency

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