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NOAH Preservation with Ascent Housing

Corey Aber and Sara Hoffmann

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Preserving naturally occurring affordable housing, also known as NOAH, is an idea that really gained attention in the middle of the last decade and continued to spread from there. Mark Ethridge, managing principal at Ascent Housing — one of our 2024 Impact Sponsors — shares how the firm is leading the way in this space in Charlotte, North Carolina to try to address housing affordability challenges.

Chapter 1: 00:00 – Housing affordability in Charlotte
Chapter 2: 07:37 – Innovative financing and lessons learned
Chapter 3: 16:41 – Examples of funded projects
Chapter 4: 22:12 – A wraparound service platform
Chapter 5: 31:45 – Growing the NOAH preservation space

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This podcast is for informational purposes, and is not advocacy, legal interpretation, nor a statement of policy. Reference to any specific product or entity does not constitute an endorsement or recommendation by Freddie Mac unless explicitly stated. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Freddie Mac employees are those of the employees and do not necessarily reflect the view of Freddie Mac or any of its officials.