BuzzHouse: Social service programs provide positive financial impact on affordable housing communities

Baker Tilly's podcast series specifically for professionals in the multifamily housing industry

If a social service program saves even two residents per month, it would equate to $60,000 a year in savings. Social service programs give the tenant population the ability to enhance behaviors that drive value-based living, which can further advance the social and economic contributors to a community development and a tenant’s personal financial position.

In this episode, President/Executive Director of Rainbow Housing, Flynann Janisee, answers why social services are an important part of affordable housing, which areas need social service programs the most, and what developers should consider when thinking about implementing a social service program within their projects.

IRS Notice 2021-12

HUD Notice 2021-07

Special guest

Flynann Janisse, President/Executive Director at Rainbow Housing Assistance Corporation

Flyn Janisse supports the national operations of an award-winning Resident Services Division of Rainbow and the asset management for an extensive affordable housing portfolio. With 30+ years of experience in asset management with an emphasis on the development and implementation of social service programs for service-enriched affordable housing, she has assembled a team of professionals to serve the mission of Rainbow with integrity and passion. She has extensive experience managing market rate (REIT), Section 42 Tax Credit, Project Section 8 and HUD and RD-financed housing communities.