CREtech Affordable Housing Briefs October 7, 2022 – San Francisco gets over $117M to build affordable housing + more
October 7, 2022
In this week's issue, investments are led by the city of San Francisco, which recently received over $117m to build three affordable housing projects. Over in Europe, Ingka Investments, 宜家 's property arm, has committed €100m towards the construction of a 150 unit social housing complex in Dublin. Meanwhile, Nigeria-based proptech startup, Spleet, secured $2.6m to provide solutions to the housing problem in Africa with their residential rent management and rent financing products.
In the news, Multi-Housing News unpacks five years of affordable housing lessons. For many California residents, their last housing affordability option - mobile homes, are going up in smoke, illustrating how the climate crisis and the housing affordability crisis are increasingly intertwined. Virgina, like many states, is experiencing a housing inventory deficit. According to a recent Virginia pilot, the solution could lie with 3D printed houses, which help save both financial resources and time constraints.
Register your all-access pass for the BIGGEST event in real estate innovation,?CREtech New York , October 12-13!
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San Francisco gets over $117M to build affordable housing
San Francisco recently received more than $117 million in funding from California's Department of Housing and Community Development to build three affordable housing projects. San Francisco is in the thick of a housing crisis, spurred at least in part by the city lagging behind other major U.S. metros when it comes to new housing construction.
Ikea Property Arm Pledges To Build 150 Social Housing Homes in Dublin
Ingka Investments has committed financing of €100M as part of an initiative that will see the construction of up to 150 social housing units across the greater Dublin region within the next three years.
Spleet raises $2.6 million seed round to provide rent financing across Africa
It is widely accepted that Lagos has a severe real estate deficit problem. The housing problem stems from the population density of the state and its size. Lagos is the smallest state in Nigeria and, with a population of 15.4 million people, it is also the largest city in Africa by population.
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5 Years of Affordable Housing Lessons
领英推荐
For the past five years those in the affordable housing ecosphere have had a unique opportunity to mingle with, and learn from, some of the brightest in the business. The NHP Foundation hosts an annual symposium that honors bi-partisan legislators for their work in affordable housing and also brings together experts from policy, academia, supportive housing services, finance, and development to share insights and ideas.
Mobile Homes, the Last Affordable Housing Option for Many California Residents, Are Going Up in Smoke
Exploding wildfires, home prices and rents show how the climate crisis is increasingly a housing crisis.
3D-printed homes save time, money, state pilot shows
Among the many wood-frame houses that sit on Carnation Street in Richmond, Virginia, the city’s first 3D-printed home has housed a family since July. A second home completed in early 2022 can be found in James City County. Virginia, like many states, has an housing inventory shortage both in rental and homeownership opportunities, said Chris Thompson, director of strategic housing for the commonwealth’s housing finance agency, at the Future Cities Summit hosted by Route Fifty.
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CREtech New York offers NEW Affordable Housing Pavilion for Unique Attendee Experience
CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced they will be offering five stages of cutting-edge content at flagship conference, CREtech New York, this October 12-13.
CREtech and Second Century Ventures Announce New Updates for CREtech Affordable Housing Initiative
CREtech, the largest international community of professionals devoted to technological innovation in the real estate sector, has announced new updates for CREtech Affordable Housing initiative in partnership with Second Century Ventures, one of the most respected and active PropTech investors in the industry.
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