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Critical real estate assets held by faith-based organizations could soon transform New York City's housing landscape. Mayor Eric Adams' innovative plan to help these organizations build affordable housing opens up new possibilities for incorporating social good into the city’s urban fabric. By updating zoning laws, the plan facilitates the conversion of existing properties, like old convents and school buildings, into much-needed housing. It offers a potential resolution to the mounting housing crisis while simultaneously providing a sustainable revenue source for faith-based organizations. Discover more about this initiative and consider what such cross-sector collaborations could mean for the future of city development. Read more --> https://lnkd.in/gHJJJ3yx #UrbanDevelopment #AffordableHousing #SocialGood #FaithFacts

CHOC Chief Strategy Officer Joy Silver's latest commentary on The Davis Vanguard: The Importance of Developing Affordable Housing for Working Families- Preventing Homelessness "The demand for #affordable housing is not diminishing anytime soon, providing a significant opportunity for #developers to devise innovative solutions which quickly increase the supply of quality affordable #housing, therefore enhancing the surrounding community’s value. Our hope is that decision-makers at all levels—from construction and development to lawmaking—can collaborate to bring these needed developments to fruition so that #workingfamilies and individuals have the opportunity to build their future." Full Story Below: https://lnkd.in/gJe3xbhc #affordablehousing #homlessnes #chochousing #development #davis #yolocounty #california #housingcrisis

"Through peer networks and conversations with like-minded owners, we have come to realize that the story of Pleasant Gardens is playing out all over the country among even the strongest and most committed affordable housing owners, nonprofit and for-profit alike. Our properties are aging, and the effects of the pandemic years—including more time spent at home, struggling tenants, and eviction moratoriums—have taken a toll. The greatest threat to affordable housing is not the lack of resources to build, but the lack of resources to operate, maintain, and repair." —Priya Jayachandran, CEO of National Housing Trust . In this Shelterforce article, Jayachandran narrates the daunting challenge faced by community development organizations in preserving existing affordable housing. As properties age and the pandemic exacerbates tenant struggles, it's evident that the real threat isn't the scarcity of resources for construction, but rather the lack of support for ongoing operations, maintenance, and repairs. Join us in our deep dive into challenges, tensions, and solutions to move community development forward! Read the full article: https://bit.ly/4bGGv86 #AffordableHousing #CommunityDevelopment #HousingPreservation #HousingEquity

🏡 Tackling the Housing Crisis: Key Insights from YIMBY Reading about Yes in My Backyard (YIMBY) provided some valuable insights: Comprehensive Approach: YIMBY focuses on both immediate housing needs and long-term development through legislative and grassroots solutions. Local Initiatives: The Twin Cities chapter is tackling zoning laws and land use restrictions to support higher density housing and strategic partnerships. Community Education: By understanding how zoning laws affect housing costs, communities can better advocate for change. Personal Commitment: Realtors® like Nichole Hayden are deeply invested in making housing more affordable for their clients and communities. National Collaboration: YIMBY connects like-minded individuals nationwide to drive housing policy changes. These insights remind us of our role in supporting affordable housing initiatives. Let's work together to make a difference! Learn more about Twin Cities YIMBY in The Minnesota Realtor® magazine. #AffordableHousing #RealEstate #CommunityImpact #HousingCrisis #Homeownership #CentricHomesTeam https://loom.ly/9QSJkRs

In San Diego, the challenge of affordable housing continues to grow. According to the California Housing Partnership’s 2022 Affordable Housing Needs Report, local renters need to earn $43.33 per hour to comfortably afford the average monthly rent, following a steep 13.7% increase in rent prices from 2020 to 2021. Additionally, San Diego faces a shortfall of around 90,000 homes, as homebuilding hasn’t kept up with the rising population. [Source: Hines] In a recent article by The San Diego Union-Tribune, Scott Silber, our Executive Director emphasizes, "If we’re to solve the affordable housing crisis plaguing our region, it will take more than development and construction. We need to go the extra mile and offer these residents extra support and services needed to build better lives and thrive. For many, finding affordable housing is only one step towards a better life." Join the Allgire Foundation in our 2024 mission to support San Diego's affordable housing community. We're dedicated to transforming lives and creating homes by empowering through education, advocating for change, and providing tangible support. Learn how you can make a lasting impact today: https://bit.ly/47XVbNO. 🔑🤝 #AffordableHousing #AllgireFoundation

🏡 Tackling the Housing Crisis: Key Insights from YIMBY Reading about Yes in My Backyard (YIMBY) provided some valuable insights: Comprehensive Approach: YIMBY focuses on both immediate housing needs and long-term development through legislative and grassroots solutions. Local Initiatives: The Twin Cities chapter is tackling zoning laws and land use restrictions to support higher density housing and strategic partnerships. Community Education: By understanding how zoning laws affect housing costs, communities can better advocate for change. Personal Commitment: Realtors® like Nichole Hayden are deeply invested in making housing more affordable for their clients and communities. National Collaboration: YIMBY connects like-minded individuals nationwide to drive housing policy changes. These insights remind us of our role in supporting affordable housing initiatives. Let's work together to make a difference! Learn more about Twin Cities YIMBY in The Minnesota Realtor® magazine. #AffordableHousing #RealEstate #CommunityImpact #HousingCrisis #Homeownership #CentricHomesTeam https://loom.ly/9QSJkRs

Rivers & Roads publishes the latest white paper on scattered site housing, offering a solution to Maryland's affordable housing crisis, particularly in rural areas. Our paper addresses the pressing challenges faced by individuals and families across urban and rural Maryland due to escalating housing costs. Unlike traditional large housing projects, scattered site housing disperses publicly funded rental units within communities, promoting social cohesion and addressing local opposition and funding hurdles. "Our work underscores the need for mixed-income developments that seamlessly integrate into existing neighborhoods," says Rivers & Roads partner Ross Benincasa. "We're not just tackling the housing crisis; we're fostering cohesive, inclusive communities." Discover case studies from urban to rural settings, showcasing the adaptability and success of scattered site housing. Our white paper outlines actionable recommendations for Maryland, including dedicated funding streams and public-private partnerships. With nearly 30% of renters in Maryland spending over half their income on housing, our white paper's release couldn't be more timely. Let's work together to create a strategic approach to housing that supports economic stability and social cohesion across the state. We invite policymakers, developers, and community leaders to engage with the insights and recommendations in our white paper, as we strive to address the urgent need for more housing supply in our rural communities. #AffordableHousing #CommunityIntegration #ScatteredSiteHousing #MarylandHousingCrisis 🌟

2 affordable housing developments for seniors are underway in Glendale! 🏠 Adobe Communities is converting the former Harrower building into 40 homes for older adults that’ll have on-site services and amenities. Plus, it’s expected that the building will qualify for the National Register of Historic Places following the completion of the adaptive reuse and restoration! 🏠 The Citrus Crossing apartments will feature 127 senior apartments, reserved for households earning between 30 and 70 percent of the area median income level. Both projects are slated for completion in 2024 🎉 Older adult homelessness is both urgent and solvable — and it’s a matter of life and death. That's why we LOVE to see progress being made to prioritize seniors and keep them safe. https://lnkd.in/g5myuJnw

I think combining services with people that need said services is extremely important. Mixed use areas can be of benefit as multiple groups of people can utilize the space and get access to services they may not normally have access to. Affordable housing has been a popular topic as of late. I think it is important for people to be able to afford their housing as well as other necessities of life. It is crucial that people have services that help them maintain housing and prevent homelessness.

THE HISTORY AND PRESENT STATE OF THE AFFORDABLE HOUSING INDUSTRIAL COMPLEX IN AMERICA CAN BE SUMMED UP IN ONE WORD: BROKEN #HOMELESSNESS IS THE RESULT OF DECADES OF THE FAILURE TO BUILD AFFORDABLE HOUSING FOR ALL. DON'T BE FOOLED BY SLICK PROMOTIONAL POSTS THAT MAKE IT SEEM LIKE YOUR LOCAL, STATE OR FEDERAL GOVERNMENT ELECTED AND APPOINTED OFFICIALS ARE SOLVING THE AFFORDABLE HOUSING CRISIS. WHEN IT COMES TO AFFORDABLE HOUSING, THE PUBLIC AND TAXPAYERS MUST ASK: AT WHAT COST TO THE TAXPAYERS AND HOW LONG IS THE AFFORDABILITY PERIOD? EVERY TAXPAYER SHOULD BE ASKING THEIR ELECTED AND APPOINTED OFFICIALS THE FOLLOWING QUESTIONS: 1. How much local, state, and federal funding, tax credits, density bonus increase, waivers of impact fees, or other government benefit or incentive did the project receive? 2. What is the affordability period for each project and, if the affordability period is not in perpetuity or permanent, WHY NOT? 3. What guarantees exist that tenants in the affordable housing units will not be displaced after an "affordability period expires? Any LOCAL, STATE or FEDERAL official that does not MANDATE "permanent" affordability periods or affordability "IN PERPETUITY" for any project receiving some government benefit is commiting MALFEASANCE and should quit, be removed from office or be terminated. IN MOST CASES WHEN IT COMES TO AFFORDABLE HOUSING, the public and taxpayer are being fooled into thinking their elected and appointed officials are solving problems, when in fact, all hey have done is "KICK THE CAN DOWN THE ROAD" to burden a future generation with the same problem or crisis!