LIHTC developers must follow strict affordability rules—and fulfill other promises—for at least 30 years. While industry insiders insist compliance rates are high, tenant advocates say noncompliance is a real problem.
The Low-Income Housing Tax Credit was created in a moment when other real estate tax preferences were going away—but at the time, no one expected it to grow into the main source of affordable housing finance in the country.
Accessibility for this challenging disability can look different from other measures—but addressing it could help improve everyone’s health.
The Federal Housing Administration may soon allow homeowners to count projected rent toward their qualifying income to build an accessory dwelling unit. While ADU advocates call the change “monumental,” the proposed policy isn’t perfect.
How can we get more accessory dwelling units built, keep them affordable, and make them forces for increasing racial equity?
Six years after Prop HHH was passed, the fund appears to be delivering on its housing construction goals in the 10-year timeline, but the measure is being routinely criticized on all sides for delays, rising costs, and being an inadequate fix to LA’s homelessness crisis.
While affordable housing developers have been slow to embrace automation, for-profit companies are bullish on its prospects. What do they see as the benefits and drawbacks?
“In community development, there are a number of different goals. The first goal, obviously, is to produce housing that is affordable and accessible, but we also have other goals around providing jobs for people.”
Reusing shipping containers for housing has been discussed for years. In West Palm Beach a whole affordable apartment building will be built out of them.
Community developers try out new technologies and processes, oftentimes out of a sense of responsibility to help put potential solutions to the test.
3D printing, repurposed shipping containers, and offsite manufacturing have been held up as potential solutions to the country’s affordable-housing crisis. But are these new construction technologies helping?
Experiments to lower construction costs, from reusing shipping containers to 3D printing walls, have been happening for years. But are any of these approaches able to provide meaningful savings at scale?
To improve housing costs and economic conditions at once, look to the locations of modular housing factories.
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