Preservation of Affordable Housing的动态

Story Homes submits plans for 155 new homes in Swarthmoor Story Homes is pleased to announce the submission of a full planning application for a new residential development in the village of Swarthmoor. The planning application for 155 new high quality homes has been submitted to Westmorland & Furness Council, and will make an important contribution towards local housing delivery, including the provision of 54 new affordable homes for eligible local people. The scheme will deliver a range of well-designed, two to six-bedroom properties to complement the existing area. From first-time buyers to downsizers or those looking for a ‘forever’ family home, this new development will deliver much-needed new homes for residents at different life stages. Adam McNally, Senior Land & Planning Manager for Story Homes, said: “We are delighted to have submitted plans for a new residential development in Swarthmoor. Our plans demonstrate our commitment to this site and how we have overcome key long standing planning constraints. The scheme has been carefully designed around flexibility and modern living, reflecting the aesthetics of the local area and featuring the distinctive and appealing street scenes that define Story Homes. “This is a key site for Story Homes as we continue to focus on growth throughout the South Lakes area, building on the success of our recent schemes in Kendal and Ulverston. These projects have been well-received by customers, reflecting the strong demand for our high quality homes in the area. https://lnkd.in/edfGAQ-C

Congratulations to the residents of Frederick Samuel Apartments, Boston Secor, Boston Road Plaza and Middletown Plaza for moving forward with New York City Housing Authority (NYCHA)'s PACT Program. Thank you to the New York Post for calling for faster progress with PACT. Building on some of the facts shared in the editorial, there are currently almost 38,000 apartments, across 139 developments in all five boroughs, in the PACT program. Our private sector partners - joint ventures between developers, property managers, and general contractors - will deliver comprehensive renovations, environmental hazard abatement, and critical modernizations to our properties and address almost $13 billion in capital needs. However, there is one important clarification needed: PACT is a true public-private partnership. After a PACT conversion, the land and buildings continue to be owned by NYCHA and NYCHA continues to provide strong oversight of PACT sites. Finally, and most important, residents at PACT converted developments continue to receive the same robust tenant rights and protections they had under conventional public housing. The PACT model allows NYCHA to make significant progress toward reinvesting in, restoring and rebuilding NYCHA's housing stock, while maintaining public control and oversight.

We are delighted to announce that we have achieved planning for our new mixed-tenure development of 84 council and market sale homes at Fanshawe Road, Cambridge. This project underscores our commitment to address housing needs in the region by providing a blend of council and market sale homes. The development will provide 45 council homes, with 34 affordable rent at 60% of the market rate, which is the Council’s standard for new builds, and 11 of the homes affordable rent at 80% of the market rate, to ensure that those who struggle to rent or buy locally and don’t qualify for council homes are still able to live in a secure, sustainable new home. There will also be 39 market sale homes. All the homes in this development will meet Passivhaus-equivalent performance standards. This commitment to sustainability not only reduces the environmental impact but also ensures that residents benefit from lower energy costs and a healthier living environment. Hill Group UK Cambridge City Council #development #newhomes #ukhousing #councilhomes #sustainabledevelopment #cambridge

Join me, Mr Forrest, on a tour of 50 years of my previous inclusive residential-grade apartments in Adelaide! As a proven Placemaking, I'll show you how I blend "New" with inclusive residential grade mid-rise apartments harmoniously blend historical overlays to create stunning living spaces to appeal to the Sydney market and discover my sense of social responsibility by setting aside up to 30% of these projects for affordable housing with no mandatory requirements. But it's not just about aesthetics. Urban planning experts have noted that a quota for three-bedroom units in new buildings is crucial. While there has been progress in including affordable housing, the market still needs to provide more family-friendly apartments. Tom Forrest, CEO of Urban Taskforce, agrees that the market will meet the demand for these units as attitudes towards apartment living evolve. However, he also highlights the inefficiency of the planning system as a significant contributor to the current housing crisis. Let's lift the standards and encourage the take-up of this cosmopolitan way of life in Sydney's inner and inner circle suburbs. Join me for a day in Adelaide and see what inclusive, quality residential-grade mid-rise apartments, with spacious apartments up to 230 sqm, should look like. We can demonstrate how these spaces can be more respectful of Sydney's heritage while still meeting the needs of modern families. Let's work together to set new standards for Sydney's demand for quality residential-grade mid-rise apartments. We estimate that around 25,000 such inclusive apartments per year will be required for the next 5-7 years. #sydney #midrise #residentialgrade

LEDG Capital recently completed a $12 million project to modernize 244 apartments at two multifamily communities in Lubbock, Texas, delivering new heating and air conditioning systems, kitchens, bathrooms, flooring and other improvements to residents. The 11-month renovation focused on extensive upgrades at two adjacent communities – a 144-unit Low Income Housing Tax Credit and Section 8 complex for families built in 1978 and an adjacent 100-unit Section 8 and market-rate development originally constructed in 1973. “This project delivered much-needed interior and exterior upgrades to the entire community, converted 60 market-rate units to affordable apartments and protected affordability for decades to come,” said Jacob Levy, founding partner of LEDG Capital. “We are grateful to our local, state and federal partners for working with us on this effort and to the residents for their patience while work was underway.” As a result of the project, all 244 units on the combined property, now known as Southstead Apartments, are affordable to households earning 30 and 60 percent of the Area Median Income (AMI).

There has been much discussion recently about Cairns needing to develop upwards with units and apartments rather than expanding outwards with more detached housing. However, the primary obstacles are the high construction costs and the fact that apartments often do not meet basic family needs. I know of several councilors who would benefit from reading this article. https://lnkd.in/gm9cUquW #Cairns #RealEstateAU

Bristol. Going to committee next week. 435 homes right opposite Temple Meads. Major first step in delivering the 10,000 homes Temple Quarter regen has promised. Officers support - in fact no consultee objections. Everyone in the industry knows how tight viability is. This would deliver 43 new affordable homes at Local Housing Allowance rents...which isn't easy in this climate. I hope committee members don't lose sight of how important it is to build all types of homes, market and affordable. Bristol has so much more potential, driven - in part - by Temple Quarter...getting onsite to build this scheme would be a major step towards fulfilling that potential. https://lnkd.in/ek-8uwFk

Tuesday Tips! With more municipalities easing zoning bylaws to allow for converting, renovating, redeveloping and building new housing units on existing property, more and more Canadians are interested in the options available to them. While bylaws are specific to individual communities, there are some common types of housing that you could consider adding to your property.

It's good to see newly renovated apartments promoting their acceptance of housing vouchers, in this article from the Atlanta Journal-Constitution about Polaris at East Point. Information for landlords about Atlanta Housing's voucher program is here: https://buff.ly/3WKxohU.

A thoughtful article by SBS’ Charis Chang on the great housing undersupply. As I observed in the article, the past focus on the ‘missing middle’ has made no real difference in the high demand middle and inner ring areas of Sydney. Often the value of land at its current use, the costs of lot amalgamation and the difficulties in securing approval have made low rise housing development in such areas unviable. The more recent focus on easing restrictions for six storey development is a step in the right direction. However, there are still real concerns about whether this level of development intensity is sufficient to make projects viable. https://lnkd.in/gp6i3SqZ