Affordable Housing
Flush from Amazon’s selection of Arlington County, Virginia, for a new headquarters facility, three “titans” of the real estate scene in the Washington, D.C., metropolitan region took a moment to celebrate at the ULI Washington Trends Conference. To put all of this into perspective were John “Chip” Akridge III, founder and chairman of Akridge; Thomas “Tom” Bozzuto, chairman and cofounder of the Bozzuto Group; and Bryant Foulger, chairman of Foulger-Pratt.
Homeownership is still the American dream, but the home Americans are dreaming about does not look like yesterday’s traditional house with its formal living and dining rooms, large yard, and price that is out of reach for many people. A panel of industry experts addressed the U.S. shortage of housing during the ULI Spring Meeting, prompted by a new report, Attainable Housing: Challenges, Perceptions, and Solutions, from ULI’s Terwilliger Center for Housing and RCLCO.
Speaking at a recent ULI event in Fort Lauderdale, Dean Trantalis, mayor of Fort Lauderdale, was joined by Broward County Mayor Mark Bogen and Jenni Morejon, the president and CEO of the Fort Lauderdale Downtown Development Authority, on a panel discussing some of the short-term policies being implemented to make major strides for local residents, tourists, and companies alike.
A panel discussion at the ULI Europe Real Estate Forum 2018 in Dublin focused on a key question facing the development industry: how to future-proof urban redevelopment in an era of constant change by including open space and housing while embracing walkability.
Hit by two major hurricanes in 2017, St. Croix —one of the U.S. Virgin Islands—is oised to receive nearly $2 billion from the Federal Emergency Management Agency, a portion of which could potentially transform the island’s current social and economic footing if used strategically.
The following ten projects—all built during the past five years—showcase a variety of design strategies that make inventive use of their project budgets, including a textile mill adapted to serve as apartments and supportive housing for military veterans.
In April, ULI Advisory Services presented recommended redevelopment possibilities for the 24-acre (9.7 ha) site of Bloomington Hospital—a campus in Bloomington, Indiana, that will move its operations in 2020.
While the latest Harvard University’s Joint Center for Housing Studies (JCHS) report on the state of rental housing in the United States. shows some positive signs for inventory, the overall trend persists that low- to moderate-income renters face significant cost burdens in most markets.
How can the public and private sectors work together to encourage more development around public transportation networks?
Venture capitalists are jumping into the growing market for technology-based solutions for the affordable housing issues that communities around the globe are facing.