The lack of affordable housing for the growing senior population in the United States is a looming crisis and deserves more attention and resources from both the private sector and government, according to a leading advocate for aging issues. But affordable senior housing can become a platform for integrating services for low-income seniors and be an economic driver in communities by more efficiently delivering health care and other long-term support.Read More
Backing sympathetic elected officials, focusing on the human impacts of the housing shortage, and mobilizing nonvocal supporters for new projects are all effective ways to overcome NIMBY-ism over affordable housing projects, a panel of advocates said during the ULI Housing Opportunity 2017 Conference in New Orleans.
More investors are warming up to the notion that mixed-income development can also be a relatively low-risk venture that offers a stable rate of return.
Venture capitalists are jumping into the growing market for technology-based solutions for the affordable housing issues that communities around the globe are facing.
State governments, in partnership with cities and other local jurisdictions, can and should do more to promote housing development and choice through smarter local land use policies and incentives, according to a new ULI report.
Newark’s Hahne & Co. Building, Boston’s Mosaic on the Riverway, and Austin’s Wildflower Terrace were selected by the ULI Terwilliger Center for Housing as the winners of the 2017 Jack Kemp Excellence in Affordable and Workforce Housing Award. The annual award, which honors developments that ensure housing affordability for people in a broad range of incomes, is given to developments in which all or a portion of the units are affordable to households earning up to 120 percent of the area median income.
Washington, D.C.’s Department of Housing and Community Development (DHCD) has been selected by ULI’s Terwilliger Center for Housing as the winner of the 2017 Robert C. Larson Housing Policy Leadership Award, an annual recognition of the innovative ways the public sector is addressing the country’s affordable housing crisis. DCHD, chosen for the award by a jury of national housing industry leaders, was honored during the Terwilliger Center’s Housing Opportunity Conference in New Orleans.
Advances in technology and connectivity along with the identification of best practices by a collaboration of IT firms, homebuilders, and home product companies are delivering smart home platforms that are more user friendly than ever.
For more than a decade, the brick “two-flat” on the 900 block of North Drake Avenue on Chicago’s West Side had been vacant. But by the time the school year begins this fall, the West Humboldt Park home will have a new occupant. A major reason for this property’s happy ending is the involvement of a land bank that acquired the building and wiped out its back taxes and encumbrances, making it easier for someone to purchase the property and improve it.
For those who invest in real estate in the Golden State, it makes sense to ask where the greatest need for investment lies. The most pressing need is arguably for additional housing close to jobs, which therefore represents the most interesting opportunity for investors.