Preserving naturally occurring affordable housing (NOAH) in Brooklyn Park, MN
This case study examines a suburban community that dedicated funding to preserve its stock of market-rate affordable rental properties, commonly referred to as naturally occurring affordable housing (NOAH). The City of Brooklyn Park, Minnesota, established the Brooklyn Park NOAH Preservation Program in 2017. Since its inception, the program has preserved over 1,400 units through low-cost loans to developers and rental property owners for the acquisition or rehabilitation of NOAH rental properties. This case study reviews the program’s history and operations and its progress toward reducing displacement and improving the quality of existing housing stock.
