#PhilaDHCD is hiring! DHCD is looking for a director for the Home Appraisal Equity Program. This is senior level management work to advance equity in home appraisal industry in Philadelphia by providing leadership and internal capacity to embedding the work of City Council’s Home Appraisal Bias Task Force into the Division of Housing and Community Development. If you think that’s you and you’re interested, view the full job description and learn how you can apply here: https://lnkd.in/edv_8vUK
City of Philadelphia Department of Planning and Development’s Post
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Veteran Housing Corp would challenge you to be the judge of how effective the U.S. Department of Housing and Urban Development's Choice Neighborhood Planning Grants have been in the past! https://www.hud.gov/cn Slick brochures from U.S. Department of Housing and Urban Development do not tell the whole story! Americans need and deserve transparency and accountability as to how their tax dollars are spent! Veteran Housing Corp would suggest that every American should demand transparency from every local, state, and federal government agency and other stakeholders to provide answers to questions about the housing projects that are built with government funding, subsidies, tax credits, or incentives, including the following: 1. How much funding, federal tax credits, or government benefits or incentives from all government sources did the projects receive? 2. What is the affordability period for each project? Is affordability period permanent and in perpetuity or will it end after a specified number of years? 3. What guarantees exist that tenants will not be displaced after the "affordability period expires?
Today, Acting Secretary Todman announced that HUD is making available $10 million in Choice Neighborhood Planning Grants to support local planning efforts that will guide communities in the revitalization of HUD-assisted housing and the surrounding neighborhoods.
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Tamar Kotelchuck’s statement sheds light on a persistent challenge in New England, where limited housing options hinder businesses’ ability to attract and retain talent. This link between economic stability and housing accessibility highlights a key tension between regional development and sustainable growth. One promising response to this issue is the use of Accessory Dwelling Units (ADUs). By converting existing spaces such as basements or constructing smaller detached units, ADUs offer flexible housing solutions. This approach is particularly beneficial for rural areas like Vermont and Maine, where it fosters community-focused growth and encourages younger, working-age residents to settle in established neighborhoods without major infrastructure expansions. However, while ADUs can help alleviate housing shortages, they may not be accessible to all socioeconomic groups. Without careful regulation, these initiatives could favor homeowners with sufficient financial resources, potentially deepening existing property ownership disparities. Additionally, the introduction of ADUs in single-family neighborhoods may face opposition due to concerns about increased density and changes in the community’s character. The promotion of ADUs reflects a preference for locally adaptable solutions over broad policy reforms. This strategy emphasizes gradual progress through community-led initiatives rather than large-scale government interventions. While ADUs are a step toward easing housing shortages and supporting workforce stability, they might not address deeper systemic issues such as zoning restrictions, income inequality, and long-term housing affordability. Ensuring the equitable distribution and regulation of ADUs is crucial for them to serve diverse populations and promote balanced, inclusive growth.
Tamar Kotelchuck, a vice president in the Boston Fed’s Regional & Community Outreach department, says her team frequently hears that New England employers are struggling to attract and retain new hires due to a lack of housing options. Can accessory dwelling units, or ADUs, help? “ADUs are of course just one strategy to address housing supply, … but they are one that we're hearing a lot about from our communities,” she said. An ADU is an additional housing unit built to accompany an existing home, such as a backyard cottage or a basement apartment. Some residents in rural Vermont and Maine are exploring them as a way to help make housing more accessible to younger people entering the workforce. Read more: https://bit.ly/4fDj4yo
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While some DC neighborhoods have made great progress in building more housing, there's still more work to be done in the region. "Out of all local jurisdictions, only D.C., Alexandria, Arlington County, and Falls Church were on track to meet their share of the 320,000 new homes needed to be built in the DMV over the next decade, per the study." The DMV has the benefit of being fairly well connected by a series of metro lines. Transit-oriented development would go a long way in continuing to address the lack of available housing and sustainable development. #urbanplanning #housing
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This could be instructional for Chicago by learning from Mayor Muriel Bowser of D.C. Mayor Bowser set a goal of creating 36,000 housing units in five years starting in 2019 with a $1.3 billion investment. As of July 2024, D.C. has created 36,216 housing units with more than 12,000 affordable. The key to this goal was the Mayor creating "neighborhood-specific goals for affordable housing." D.C. has 131 neighborhoods compared to Chicago's 77 neighborhoods. Now, this can appear to be a daunting task for every neighborhood in Chicago. I would recommend creating a housing development plan for the seven planning regions in the city for both market rate and affordable housing units. If Chicago can create 7,200 affordable housing units per year (distributed based on the demand in each planning region and not all concentrated downtown and its collar neighborhoods), it would close the affordable housing demand in 17 years. If we continue the course of 2,500 per year or less, it would take us nearly a half a century to close the demand. To aid in this progress, our recent market analysis of the Far South Planning Regions shows the demand for 2,400 - 3,000 housing units. This means Chicago would need to coordinate funding of 240 - 300 units per year for the next ten years (252-multifamily and 48 single-family) for 2024. These multifamily projects could include Phase I of Morgan Park Commons, The Rise @ Halsted, Gately People's Strore, and Phase I of the 1 Fifteen and Michigan. For the single-family, coordinate with Far South Community Development Corporation, The Hope Center Foundation/Chicago Neighborhood Initiatives, and Habitat for Humanity of Chicago. We have plans and resources ready. We need a clear lane to city-owned land, BNAH program, and permits. #InvestFarSouth #BCBI https://lnkd.in/gPNBC-gk.
Mayor Bowser and Community Members Mark Significant Milestone: 36,000 New Homes by 2025
mayor.dc.gov
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The U.S. housing crisis has reached critical levels, with a shortage of 1.5 million units and skyrocketing costs pushing homeownership out of reach for many. For the first time, the median age of first-time homebuyers has risen to 38 — the highest ever recorded — underscoring how affordability challenges are reshaping the housing landscape. Permitting delays significantly contribute to this crisis, with 83% of developers citing permitting issues as the cause of construction delays. These inefficiencies drive up costs and slow the development of much-needed housing. Streamlining permitting workflows through digitization and transparency is critical to addressing these barriers. However, solving the housing crisis requires coordinated efforts from policymakers, communities, and industry stakeholders to implement sustainable and effective solutions. #AffordableHousing #CommunityDevelopment #HousingCrisis #ProcessImprovement
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Denver's housing challenges highlight a critical tension between addressing shortages and managing growth. As this article explores, the city is pumping the brakes on dense development despite the pressing need for housing. This raises an important question: how do we create solutions that balance sustainable growth with the huge demand for mixed-income housing? Ensuring affordability in development is key to addressing housing shortages while fostering diverse communities. What’s the right path forward? How can cities like Denver embrace growth while meeting the needs of all residents? Read more and share your thoughts: https://lnkd.in/gg75r-Ac
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PadSplit Founder and CEO Atticus LeBlanc shares insights on tackling Fort Worth's affordable housing crisis and explains why he believes zoning reform is the most transformative step the city can take to address this growing challenge. #fortworth #housingcrisis #affordablehousing #zoningreform
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Knoxville’s Bold Steps to Address Affordable Housing Crisis Knoxville has approved significant funds to tackle the affordable housing crisis. Here’s a quick look at the city’s recent moves to make housing more accessible: • Multimillion-Dollar Investment: Knoxville has committed millions to expand affordable housing options. • Funding for Inskip Apartments: This new development will add to the city’s current number of affordable housing units, contributing to the growing need for accessible homes. • Land Acquisition for Future Housing: The city is also proactively purchasing land to ensure space for future affordable housing projects. • Knoxville's Community Development Corporation Role in Expanding Affordable Housing: Knoxville’s Community Development Corporation (KCDC) plays a vital role in these efforts, managing affordable housing developments and overseeing strategic plans to address the housing shortage. KCDC’s leadership ensures that funds are effectively used to maximize impact. • Significance for Commercial Real Estate: From a commercial real estate perspective, these developments enhance the market’s diversity, drive inclusive growth, and can attract more businesses by ensuring that affordable housing is accessible to a broad workforce. • Long-Term Commitment: These efforts underscore Knoxville’s commitment to addressing affordable housing shortages, reflecting a vision to support diverse income levels within the community. • Impact on Residents: By investing in affordable housing, Knoxville aims to provide stability for families and individuals facing high rental costs, helping them stay rooted in the community. With affordable housing in high demand, Knoxville’s investments show a dedicated approach to building a community where everyone can thrive. Read the full article here: Check out this article from Knoxville News: Knoxville tackles affordable housing crisis with multimillion dollar investments https://lnkd.in/eVENvdyB #AffordableHousing #KnoxvilleRealEstate #CommunityInvestment #KCDC #RealEstateDevelopment #HousingCrisis #CommercialRealEstate
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Today, Mayor Muriel Bowser announced a huge win for DC – we have reached our city’s goal of creating 36,000 new homes. This achievement of this major milestone is a testament to the bold vision of Mayor Bowser. She has challenged DC Government, together with the city’s housing partners, to think big about how we deliver more affordable housing for our residents. The leadership and partnership by those across our housing community have unlocked new opportunities to create new housing that for decades sat untapped. A special thanks to our partners at the DC Department of Housing and Community Development, the DC Housing Finance Agency, the DC Housing Authority, and the DC Green Bank. Despite making up only 12% of our region’s population, DC has produced over 31% of all housing in the region, including 81% of the region's new deeply affordable homes. By increasing our housing supply, the cost of housing in DC has grown at just half the rate of housing costs nationwide. We know there’s so much work to do. We will keep working to meet the challenge, because the people here today and throughout the city who deliver and manage housing, are passionate and motivated to provide DC residents with safe, stable, and dignified housing, as well as to keep more of our longtime residents right here in Washington, DC. Going forward, we will set new housing goals, we will continue to invest in new housing production, as well as housing preservation. We will have to leverage every tool at our disposal and be creative. For example, DMPED is deploying our tax-exempt Industrial Revenue Bonds programs to support affordable housing. The first project to receive this support is Phase II of Ridgecrest Apartments in Ward 8. This innovative, entirely green project will preserve 128 affordable units, and is being accomplished through a unique partnership between DMPED, DHCD, the DC Department of Energy and the Environment, and the DC Green Bank. The momentum and available funding for green housing is building. And our agencies and the DC Green Bank are ready to take full advantage. We are set up for success because we have these things in place and the Mayor has made DC a leader in green, healthy, and sustainable housing. https://lnkd.in/gMEbc8JN
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