Tag: housing affordability

How to Think Big and Build Small to Address Housing Demand

Filed in Affordability, Education, Multifamily by on August 21, 2019 1 Comment
How to Think Big and Build Small to Address Housing Demand

Housing affordability is a growing concern to NAHB members and the communities they serve. NAHB Multifamily will present a webinar on Sept. 11 that will explore “missing middle housing,” a concept that describes housing types that range in scale from duplexes to bungalow courts and mansion apartments.

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‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Filed in Affordability, Awards, Multifamily by on August 6, 2019 2 Comments
‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Repurposing a 1.5 million-square-foot decaying building that’s been abandoned for decades and is too expensive even to demolish may seem like an impossible task. Yet a group of non-profit organizations in Memphis tackled this feat by turning a 1927 vintage Sears distribution center into a “vertical urban village” that includes resources for the arts community, for education, and for health and wellness services.

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6 Lessons Learned from a Historic St. Louis Rehab Project

6 Lessons Learned from a Historic St. Louis Rehab Project

The Arcade Apartments development is finished product of a historic rehabilitation of a 500,000-square-foot architectural landmark in downtown St. Louis. The $118 million project involved a mix of federal and state historic tax credits and New Market Tax Credits, loans, mortgages and investment from Webster University.

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Affordable Cottage Community Spotlights Benefits of Reduced Zoning Regulations

Filed in Affordability, Design, Land Development by on July 22, 2019 4 Comments
Affordable Cottage Community Spotlights Benefits of Reduced Zoning Regulations

Zoning restrictions are one of the obstacles challenging housing affordability, often favoring single-family homes and limiting higher-density multifamily buildings. One project that highlights how reduced zoning restrictions can benefit development of creative and effective housing options is the Boiceville Cottages in Brooktondale, N.Y.

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Fed Chair: Home Builders Feel Like They’ve Been Hit by a ‘Perfect Storm’

Filed in Affordability, Capitol Hill by on July 11, 2019 17 Comments
Fed Chair: Home Builders Feel Like They’ve Been Hit by a ‘Perfect Storm’

Federal Reserve Chairman Jerome M. Powell told the Senate Banking Committee today that the nation’s home builders are facing several supply-side challenges that are hindering housing affordability and “feel almost like they have been hit with a perfect storm here.”

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Housing Options Expand as Lots and Homes Get Smaller

Filed in Affordability, Land Development by on July 9, 2019 1 Comment
Housing Options Expand as Lots and Homes Get Smaller

Housing development within the United States needs a makeover. Past trends guided by regulations have led to a housing market with limited variation. NAHB’s latest report explores the issues involved in generating a greater mix of housing types, and provides relevant best practices on regulatory and design options and barriers.

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How Green Building Can Boost Housing Affordability

How Green Building Can Boost Housing Affordability

Housing affordability — a top priority for NAHB in 2019 — is a critical issue nationwide. Although there is no single solution to the affordability challenge, incentives can provide some relief. Visit NAHB at the NACo Conference this week to learn how high-performance building strategies in both market-rate and low-income homes can qualify for these incentives to provide affordable solutions, and what other jurisdictions are doing.

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President Trump Signs Executive Order on Housing Affordability

Filed in Affordability, Chairman's Update by on June 25, 2019 10 Comments
President Trump Signs Executive Order on Housing Affordability

In a key victory for NAHB, President Trump today put housing at the forefront of the national debate by signing an executive order that cites the need to cut costly regulations that are hampering the production of more affordable housing in America.

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Zoning Restrictions Present Major Obstacles to Housing Affordability

Filed in Affordability, Land Development, Multifamily by on June 18, 2019 2 Comments
Zoning Restrictions Present Major Obstacles to Housing Affordability

Boston has seen notable growth in recent years, but it has been unable to keep up with housing demand. A new report, “The State of Zoning for Multi-Family Housing In Greater Boston,” illustrates the effects zoning restrictions can have on housing affordability in a major metropolitan area.

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Rent Control Legislation Heats Up Amid Affordability Concerns

Filed in Affordability, Multifamily by on June 12, 2019 5 Comments
Rent Control Legislation Heats Up Amid Affordability Concerns

Rents for apartments and single-family homes are rising nearly as fast as home prices. As already high rents climb higher, frustrated renters may move further away from employment centers or look for smaller apartments. Exacerbating the issue is increased legislative interest in rent control — which often creates more challenges, including reduced supply of available units and reduced income to states and municipalities because of slowed or halted development.

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