-Ronald Terwilliger
Preserving Naturally Occurring Affordable Housing At Scale
Partner with U4A to upgrade properties, preserve affordability, and promote healthier living environments.
Partner with U4A to upgrade properties, preserve affordability, and promote healthier living environments.
Upgrading housing units to improve tenant well-being and property lifespan, creating stable living environments.
Linking rents to AMI to provide affordable, stable housing and long-term financial security for tenants.
Delivering property improvements that enhance energy efficiency, safety, and overall living conditions.
Partnering with nonprofits and local governments to amplify our reach and effectiveness in preserving affordable housing.
Providing end-to-end construction management to minimize disruptions and ensure high-quality renovations.
For every new unit built, two are lost. U4A aims to reverse this trend by preserving thousands of affordable units each year.
U4A's approach will align rent growth with wage growth, easing financial stress for tenants.
U4A will focus on preserving these vital units to maintain affordability and improve living conditions for tenants.
Upgrades for Affordability offers a truly holistic approach to solving a critical part the affordable housing crisis, preserving housing affordable to those making 30%-120% AMI. Our program begins with comprehensive inspections to understand the current state of apartment buildings, prioritizes the most impactful improvements for property resilience, tenant health, and quality of life, and manages the construction process from start to finish. We collaborate with nonprofits to provide ongoing tenant services and use resilience and impact tracking to measure the effectiveness of our interventions. U4A's integrated package is more capital-efficient than traditional methods, making it a smart, sustainable solution for preserving and enhancing affordable housing.
We welcome landlords interested in upgrading their properties while maintaining affordable rents. You can apply through our website by clicking "inquire", and our team will guide you through the enrollment process.
U4A provides funding for various property improvements, including energy efficiency upgrades, HVAC and air quality enhancements, water conservation measures, safety enhancements, aesthetic improvements, and appliance upgrades. Please fill out the inquiry form for a detailed list of eligible upgrades.
U4A finances property upgrades through a loan agreement with an institution. The repayment terms are based on a per-unit annual cost, spread over a period of 5-20 years, aligned with stabilized rent agreements. Landlords do not pay for anything as long as they adhere to the rent covenant.
Participating in U4A helps you enhance property value, improve tenant satisfaction, and contribute to community stability, all while receiving support for necessary upgrades.
We strive to minimize disruption during the renovation process. Our project management team works efficiently to complete upgrades as quickly as possible while keeping tenants informed of any necessary adjustments to their daily routines.