The ULI Terwilliger Center for Housing has announced two winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award, as well as two winners for the Terwilliger Center Award for Innovation in Attainable Housing.

As we approach Election Day on November 5, issues such as the shortage of affordable housing and climate change are top of mind for many voters. When it comes to the cost of living, an unprecedented increase in home prices and surging rent are affecting both renters and homeowners. Adaptive reuse, particularly in urban areas, must be considered as a solution to mitigate these pressing matters, especially in an older city such as St. Louis, Missouri, which was founded in 1764.

Obsolete buildings will constitute up to 50 percent of all new housing in cities

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The ULI Atlanta District Council has announced its expansion of programming with the creation of a satellite in Savannah, Georgia. ULI Savannah will locally support the Institute’s global mission of shaping the future of the built environment for transformative impact in communities worldwide.

For more than a decade, ULI has partnered with ReConnect Rondo, a community-led effort to repair and restore a once-thriving neighborhood of middle-class Black families in St. Paul, Minnesota. At its peak, Rondo was home to more than 80 percent of the city’s African American population. In the late 1950s and 1960s, however, Rondo was devastated by the construction of I-94. The highway destroyed 700 homes and 300 businesses—totaling $250 million dollars of unrealized home equity.

In an era when the demand for attainable housing continues to outpace supply, sustainable workforce housing is a necessary and prudent investment decision based on three key market trends. Primarily, the demand for attainable housing is growing. Workforce rental housing is increasingly sought after, particularly given dwindling affordability and growing barriers to home ownership. Last but not least, generational demand contributes to the rise of sustainable multifamily housing.