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The Oklahoma Housing Finance Agency (OHFA) is a non-profit organization which serves the people of Oklahoma by offering affordable housing resources, including loans and rent assistance. OHFA was created in 1975 when Governor of Oklahoma David L. Boren approved the agency's first trust indenture.
The National Housing Trust Fund was passed as part of the Housing and Economic Recovery Act of 2008. In 2016, the trust fund started providing grants to states to increase the supply of rental housing for extremely low income households. [9] NLIHC continues to advocate for increased financial support to the National Housing Trust Fund. [10]
Governments, local housing authorities, and other interested parties can either begin new affordable housing projects with sustainable design, or retrofit the existing stock. While new projects require a larger upfront cost, these projects provide a greater return on investment than retrofitting.
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The definition of affordable housing may change depending on the country and context. For example, in Australia, the National Affordable Housing Summit Group developed their definition of affordable housing as housing that is "...reasonably adequate in standard and location for lower or middle income households and does not cost so much that a household is unlikely to be able to meet other ...
In 1969 Ted Hollamby submitted his team's design for Cressingham Gardens to the Housing Committee. The deputy chairman of the housing committee was Sir John Major. The committee recognized the exceptional importance of the innovative design and minuted 'congratulations to Cressingham's architects on their ‘bold and imaginative scheme'. [6]