Attainable Housing
According to the Pew Research Center, between 1971 and 2021, the number of people living in multigenerational households quadrupled, while the number of people in other living situations is less than double what it was. The share of the U.S. population living in multigenerational households in 2021 was 18 percent.
This was the resounding conclusion from two Homeless to Housed (H2H)-hosted programs during Urban Land Institute (ULI) springtime meetings. Furthermore, former Secretary of State Hilary Rodham Clinton echoed this call to action in her ULI Spring Meeting plenary presentation during which she advocated for New York City to create more affordable housing immediately to sustain its vitality as a world-class city for all people.
The Veterans Community Project serves any veteran who took the oath to defend the Constitution, regardless of discharge status, length of service, or branch of service. The program strikes an effective balance between community and individual dignity, employing a robust combination of housing and services. As a result, the program has a high success rate of 85 percent in transitioning unhoused veterans to permanent housing.
The number of people experiencing homelessness grew by 12 percent in 2023—but Rosanne Haggerty, president and CEO of Community Solutions, a nonprofit recognized for developing innovative solutions to end homelessness, says homelessness is a solvable problem. Haggerty believes that real estate professionals are uniquely positioned to get everyone working toward the same goal of providing basic housing and infrastructure for unhoused people. Haggerty’s organization is taking advantage of increased awareness of the problem by partnering with corporations, banking institutions, government agencies, and philanthropists to help shelter unhoused people.
After developer Bruce Etkin, a past ULI Trustee and a current member of the ULI Foundation board, sold all of his company’s properties in 2021, he channeled his energy and attention to different challenges—one of them homelessness.
Developers of middle-income projects can’t use subsidy programs such as federal low-income housing tax credits (LIHTCs) to finance their plans. Middle-income developments also often don’t earn enough in rent to support conventional construction loans or attract equity investors.
In a general session at the 2024 ULI Spring Meeting, former U.S. Secretary of State Hillary Rodham Clinton spoke with Ralph Rosenberg, a partner and global head of real estate with KKR. Clinton, who now teaches at Columbia University, focused her remarks on what she said are the three major conflicts affecting the global economy.
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A member of ULI Los Angeles shares how his company is harnessing creativity and a lot of hard work to build attainable housing that is within reach of most renters.
The Urban Land Institute’s (ULI) Terwilliger Center for Housing has announced three winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award and four winners for the Terwilliger Center Award for Innovation in Attainable Housing.
In the context of an economic shock from the outbreak of war in Ukraine and continuing inflationary concerns, Emerging Trends in Real Estate ® Global Outlook 2022focuses on the global outlook for the real estate industry increasing pressure for finance to support the decarbonization of real estate. The industry challenges lenders and their regulators to provide debt for the retrofit of existing buildings and the scale-up of the “climate tech” needed.
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