>>  CHALLENGE For decades, Congress has underfunded federally subsidized housing programs. Because of this disinvestment, the estimated national backlog for capital needs is close to $40 billion. >> APPROACH Key capital investments strengthen the physical, operational, financial, and environmental sustainability of our portfolio of 10,200 affordable housing units. These investments ensure our housing will be available to our community’s low-income residents for decades to come. At the end of 2017, occupancy stood at above 98% for the Public Housing program and over 99% for the workforce housing portfolio. INVESTING IN OUR HOUSING STOCK KCHA’s Moving to Work contract with HUD provides us with the flexibility to blend funding sources, enabling us to strategically plan capital improvements and recapitalize our Public Housing inventory. In 2017, we invested more than $37.5 million overall in site and building repairs and unit upgrades, ensuring the long-term viability of our portfolio. REDUCING OUR ENVIRONMENTAL IMPACT As one of the largest landlords in the state, we are committed to reducing our environmental footprint through energy and water conservation, renewable energy generation, waste stream diversion, green procurement policies, fleet management practices, and tenant education. By making improvements and retrofits across our inventory, we have realized a 9% reduction in energy use since 2012. 2017 ANNUAL REPORT 19