Affordable Housing

The "Our Neighborhood Project" - Affordable Housing and Pay for Success

The University of Virginia Pay for Success Lab (PFS Lab) is proud to announce its partnership with the National Housing Project Foundation (NHPF) to conduct a feasibility study on the use of Pay for Success (PFS) in the construction and maintenance of affordable housing. This initiative, titled “Our Neighborhood Project”, will culminate in a research report outlining the state of affordable housing in the United States and a call to action to use alternative modes of financing to make more neighborhoods affordable to individuals from all socioeconomic backgrounds. The report will serve as a benchmark of success for state and local governments, philanthropic institutions, and others interested in pursuing affordable housing financing.