The Business Of Affordable Housing

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Affordable Housing Development

Author : Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy
Publisher : Springer
Page : 137 pages
File Size : 55,6 Mb
Release : 2019-04-01
Category : Business & Economics
ISBN : 9783030040642

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Affordable Housing Development by Jaime P. Luque,Nuriddin Ikromov,William B. Noseworthy Pdf

This book explains the nuts and bolts of affordable housing development. Divided into two complementary sections, the book first provides an overview of the effectiveness of existing federal and state housing programs in the United States, such as the LIHTC and TIF programs. In turn, the book’s second section presents an extensive discussion of and insights into the financial feasibility of an affordable real estate development project. Researchers, policymakers and organizations in the public, private and nonprofit sectors will find this book a valuable resource in addressing the concrete needs of affordable housing development. “Luque, Ikromov, and Noseworthy’s new book on Affordable Housing Development is a “must read” for all those seeking to address the growing and vexing problem of affordable housing supply. The authors provide important insights and practical demonstration of important financial tools often necessary to the financial feasibility of such projects, including tax-increment financing and the Low-Income Housing Tax Credit. Further, the authors provide important backdrop to the affordability crisis and homelessness. I highly recommend this book to all who seek both to articulate and enhance housing access.” By Stuart Gabriel, Arden Realty Chair, Professor of Finance and Director, Richard S. Ziman Center for Real Estate at UCLA "Over several years Jaime Luque, Nuriddin Ikromov and William Noseworthy applied their analytical bent, and no small measure of empathy, to homelessness as actually experienced in Madison, Wisconsin – and they inspired multiple classes of urban economics students to join them. “Homelessness” is a complex web of issues affecting a spectrum of populations, from individuals struggling with addiction or emotional disorders, to families who’ve been dealt a bad hand in an often-unforgiving economy. Read this book to follow Jaime, Nuriddin, and William as they evaluate a panoply of housing and social programs, complementing the usual top-down design perspective with practical analysis of the feasibility of actual developments and their effectiveness. Analytical but written for a broad audience, this book will be of interest to anyone running a low-income housing program, private and public developers, students, and any instructor designing a learning-by-doing course that blends rigor with real-world application to a local problem." By Stephen Malpezzi, Professor Emeritus, James A. Graaskamp Center for Real Estate, Wisconsin School of Business, University of Wisconsin-Madison, and Dean, Weimer School of the Homer Hoyt Institute.

The Affordable City

Author : Shane Phillips
Publisher : Island Press
Page : 282 pages
File Size : 49,9 Mb
Release : 2020-09-15
Category : Political Science
ISBN : 9781642831337

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The Affordable City by Shane Phillips Pdf

From Los Angeles to Boston and Chicago to Miami, US cities are struggling to address the twin crises of high housing costs and household instability. Debates over the appropriate course of action have been defined by two poles: building more housing or enacting stronger tenant protections. These options are often treated as mutually exclusive, with support for one implying opposition to the other. Shane Phillips believes that effectively tackling the housing crisis requires that cities support both tenant protections and housing abundance. He offers readers more than 50 policy recommendations, beginning with a set of principles and general recommendations that should apply to all housing policy. The remaining recommendations are organized by what he calls the Three S’s of Supply, Stability, and Subsidy. Phillips makes a moral and economic case for why each is essential and recommendations for making them work together. There is no single solution to the housing crisis—it will require a comprehensive approach backed by strong, diverse coalitions. The Affordable City is an essential tool for professionals and advocates working to improve affordability and increase community resilience through local action.

Strong Towns

Author : Charles L. Marohn, Jr.
Publisher : John Wiley & Sons
Page : 262 pages
File Size : 47,7 Mb
Release : 2019-10-01
Category : Business & Economics
ISBN : 9781119564812

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Strong Towns by Charles L. Marohn, Jr. Pdf

A new way forward for sustainable quality of life in cities of all sizes Strong Towns: A Bottom-Up Revolution to Build American Prosperity is a book of forward-thinking ideas that breaks with modern wisdom to present a new vision of urban development in the United States. Presenting the foundational ideas of the Strong Towns movement he co-founded, Charles Marohn explains why cities of all sizes continue to struggle to meet their basic needs, and reveals the new paradigm that can solve this longstanding problem. Inside, you’ll learn why inducing growth and development has been the conventional response to urban financial struggles—and why it just doesn’t work. New development and high-risk investing don’t generate enough wealth to support itself, and cities continue to struggle. Read this book to find out how cities large and small can focus on bottom-up investments to minimize risk and maximize their ability to strengthen the community financially and improve citizens’ quality of life. Develop in-depth knowledge of the underlying logic behind the “traditional” search for never-ending urban growth Learn practical solutions for ameliorating financial struggles through low-risk investment and a grassroots focus Gain insights and tools that can stop the vicious cycle of budget shortfalls and unexpected downturns Become a part of the Strong Towns revolution by shifting the focus away from top-down growth toward rebuilding American prosperity Strong Towns acknowledges that there is a problem with the American approach to growth and shows community leaders a new way forward. The Strong Towns response is a revolution in how we assemble the places we live.

Blueprint for Greening Affordable Housing

Author : Global Green USA
Publisher : Island Press
Page : 232 pages
File Size : 52,9 Mb
Release : 2012-06-22
Category : Architecture
ISBN : 9781597267465

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Blueprint for Greening Affordable Housing by Global Green USA Pdf

Blueprint for Green Affordable Housing is a guide for housing developers, advocates, public agency staff, and the financial community that offers specific guidance on incorporating green building strategies into the design, construction, and operation of affordable housing developments. A completely revised and expanded second edition of the groundbreaking 1999 publication, this new book focuses on topics of specific relevance to affordable housing including: how green building adds value to affordable housing the integrated design process best practices in green design for affordable housing green operations and maintenance innovative funding and finance emerging programs, partnerships, and policies Edited by national green affordable housing expert Walker Wells and featuring a foreword by Matt Petersen, president and chief executive officer of Global Green USA, the book presents 12 case studies of model developments and projects, including rental, home ownership, special needs, senior, self-help, and co-housing from around the United States. Each case study describes the unique green features of the development, discusses how they were successfully incorporated, considers the project's financing and savings associated with the green measures, and outlines lessons learned. Blueprint for Green Affordable Housing is the first book of its kind to present information regarding green building that is specifically tailored to the affordable housing development community.

Managing Affordable Housing

Author : Bennett L. Hecht,James Stockard,Local Initiatives Support Corporation
Publisher : John Wiley & Sons
Page : 360 pages
File Size : 52,6 Mb
Release : 1996-04-26
Category : Business & Economics
ISBN : UOM:39015040986815

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Managing Affordable Housing by Bennett L. Hecht,James Stockard,Local Initiatives Support Corporation Pdf

This book shows how to implement strategies for successfully managing affordable housing. It is the first book to combine property management with economic development--a new strategy that uses the resources of housing developments to create more stable communities.

Developing Affordable Housing

Author : Bennett L. Hecht
Publisher : John Wiley & Sons
Page : 842 pages
File Size : 44,8 Mb
Release : 2006-05-11
Category : Business & Economics
ISBN : 9780471793922

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Developing Affordable Housing by Bennett L. Hecht Pdf

Praise for Developing Affordable Housing A Practical Guide for Nonprofit Organizations Third Edition "Ben Hecht's book explains in clear language everything needed to successfully engage in nonprofit housing development. He tells how to find the money, how to generate good design and quality construction, and how to improve management--a complete, well-researched, and well-presented 'A to Z' approach." --Henry G. Cisneros, former secretary U.S. Department of Housing and Urban Development "Ben Hecht's book makes the affordable housing development process accessible for communities and practitioners everywhere. Developing Affordable Housing should be on the bookshelf of every organization that cares about people and wants to make affordable housing possible." --Rey Ramsey, former chairman, Habitat for Humanity CEO, One Economy Corporation "The development of affordable housing is as much a journey as a destination. Ben Hecht's book provides maps and bridges while not losing sight of the challenging but elusive goal of providing decent, safe, and affordable housing." --Nicolas P. Retsinas, Director, Joint Center for Housing Studies Harvard University "In our work to increase the supply of safe, decent homes for those who need homes the most, we appreciate the power of partnerships and the value of information. So does Ben Hecht. Developing Affordable Housing is more than a practical guide for nonprofits--it's a library, a trusted advisor, and a road map. Read this book and benefit from its wisdom." --Stacey D. Stewart, President and CEO, Fannie Mae Foundation

The Business of Affordable Housing

Author : Deborah L. Myerson
Publisher : Urban Land Institute
Page : 202 pages
File Size : 52,5 Mb
Release : 2007
Category : Business & Economics
ISBN : STANFORD:36105123349131

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The Business of Affordable Housing by Deborah L. Myerson Pdf

This book profiles the business practices of ten affordable housing developers, both for-profit and nonprofit, and includes insights from the companys leader on the current and future state of affordable housing development in America. Find out how the best in the business assess market demand, determine product types and sizes, select financing options, handle property management, and ensure the growth and sustainability of their organizations.

The Business of Affordable Housing

Author : Alexander Styhre
Publisher : Unknown
Page : 0 pages
File Size : 50,6 Mb
Release : 2024
Category : Business & Economics
ISBN : 1003433103

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The Business of Affordable Housing by Alexander Styhre Pdf

"Despite the conventional wisdom that affordable housing, either in the form of home ownership or through access to rental units, has beneficial effects for households, society and the economy more broadly, there is a noteworthy lack of empirical studies of housing development and construction companies or building societies that actively work to supply this asset class in the economy. There are several reasons for this condition, including the "thin market" for such business activities. This book offers a case study that includes two Swedish housing development companies that have targeted a market niche for affordable homes that few other companies and market actors are concerned with. One company is part of a major construction company conglomerate, which produces pre-fabricated housing modules to better serve the low-end niche of the housing market. The other company is a municipality-owned housing development company that acts on basis of market practices and rules but that also on policymakers' stated ambition to provide affordable homes for the residents in the municipality, the largest municipality in a major Swedish metropolitan area. Taken together, the study of these two companies provides first-hand insights into how the production of affordable homes takes place in a real-world economy. The book is of relevance for a variety of readers, including graduate students, management scholars, policymakers, and management consultants"--

Greening Affordable Housing

Author : Abdullateef Olanrewaju,Zalina Shari,Zhonghua Gou
Publisher : CRC Press
Page : 326 pages
File Size : 54,7 Mb
Release : 2019-01-30
Category : Political Science
ISBN : 9781351595421

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Greening Affordable Housing by Abdullateef Olanrewaju,Zalina Shari,Zhonghua Gou Pdf

Books on green building theories, principles and strategies applicable to life cycles of all kinds of buildings and building types are already widely available. However, those specifically on greening affordable housing that guide various housing stakeholders at different life cycles are still very limited. This book intends to fill this gap. Integrating green building enables stakeholders to address the environmental component that has not traditionally been seen as an integral part of affordable housing development. The book presents theories and principles with practical methods, strategies and processes not only to make affordable housing green but also to support economic stability and social equity.

Cities and Affordable Housing

Author : Sasha Tsenkova
Publisher : Routledge
Page : 389 pages
File Size : 43,6 Mb
Release : 2021-09-06
Category : Architecture
ISBN : 9781000433852

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Cities and Affordable Housing by Sasha Tsenkova Pdf

This book provides a comparative perspective on housing and planning policies affecting the future of cities, focusing on people- and place-based outcomes using the nexus of planning, design and policy. A rich mosaic of case studies features good practices of city-led strategies for affordable housing provision, as well as individual projects capitalising on partnerships to build mixed-income housing and revitalise neighbourhoods. Twenty chapters provide unique perspectives on diversity of approaches in eight countries and 12 cities in Europe, Canada and the USA. Combining academic rigour with knowledge from critical practice, the book uses robust empirical analysis and evidence-based case study research to illustrate the potential of affordable housing partnerships for mixed-income, socially inclusive neighbourhoods as a model to rebuild cities. Cities and Affordable Housing is an essential interdisciplinary collection on planning and design that will be of great interest to scholars, urban professionals, architects, planners and policy-makers interested in housing, urban planning and city building.

Affordable Housing Governance and Finance

Author : Gerard Van Bortel,Vincent Gruis,Joost Nieuwenhuijzen,Ben Pluijmers
Publisher : Routledge
Page : 304 pages
File Size : 49,6 Mb
Release : 2018-09-03
Category : Business & Economics
ISBN : 9781351621779

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Affordable Housing Governance and Finance by Gerard Van Bortel,Vincent Gruis,Joost Nieuwenhuijzen,Ben Pluijmers Pdf

There is a large shortage of affordable housing across Europe. In high‐demand urban areas housing shortages lead to unaffordable prices for many target groups. This book explores innovations to support a sufficient supply of affordable and sustainable rental housing. Affordable housing is increasingly developed, financed and managed by a mix of market, state, third sector and community actors. Recent decades in large parts of the Western world have consecutively shown state-dominated, non-profit housing sectors, an increased role for market forces and the private sector, and the rise of initiatives by citizens and local communities. The variety of hybrid governance and finance arrangements is predicted to increase further, leading to new affordable housing delivery and management models. This book explores these innovations, with a focus on developments across Europe, and comparative chapters from the USA and Australia. The book presents new thinking in collaborative housing, co-production and accompanying finance mechanisms in order to support the quantity and the quality of affordable rental housing. Combining academic robustness with practical relevance, chapters are written by renowned housing researchers in collaboration with practitioners from the housing sector. The book not only presents, compares and contrasts affordable housing solutions, but also explores the transferability of innovations to other countries. The book is essential reading for researchers and professionals in housing, social policy, urban planning and finance.

The Business of Affordable Housing

Author : Alexander Styhre
Publisher : Taylor & Francis
Page : 209 pages
File Size : 43,8 Mb
Release : 2024-05-01
Category : Business & Economics
ISBN : 9781040025253

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The Business of Affordable Housing by Alexander Styhre Pdf

Despite the conventional wisdom that affordable housing, either in the form of homeownership or through access to rental units, has beneficial effects for households, society, and the economy more broadly, there is a noteworthy lack of empirical studies of housing development and construction companies or building societies that actively work to supply this asset class in the economy. There are several reasons for this condition, including the “thin market” for such business activities. This book offers a case study that includes two Swedish housing development companies that have targeted a market niche for affordable homes that few other companies and market actors are concerned with. One company is part of a major construction company conglomerate which produces prefabricated housing modules to better serve the low-end niche of the housing market. The other company is a municipality-owned housing development company that acts on the basis of market practices and rules but that also on policymakers’ stated ambition to provide affordable homes for the residents in the municipality, the largest municipality in a major Swedish metropolitan area. Taken together, the study of these two companies provides first-hand insights into how the production of affordable homes takes place in a real-world economy. The book is of relevance for a variety of readers, including graduate students, management scholars, policymakers, and management consultants.

Sick City

Author : Patrick Condon
Publisher : James Taylor Chair in Landscape and Liveable Environments
Page : 166 pages
File Size : 46,5 Mb
Release : 2021-01-30
Category : COVID-19 (Disease)
ISBN : 1777456002

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Sick City by Patrick Condon Pdf

Sick City is a call to action prompted by the crisis that crippled our cities, the pandemic. But the pandemic has brought the issues of race, inequality and unaffordability to the forefront as well, illustrating how all of these ills can be traced to unequal access to urban land. Patrick Condon walks the reader through that history, proving that most of these problems are rooted in the inflation of urban land value - land that is no longer priced for its value for housing but as an asset class in a global market hungry for assets of all kinds. The American wage earner who is most affected by COVID is also the worst hit by the surging price of urban land which has made the essential commodity of housing increasingly inaccessible. Not only does Condon dive deep into myriad and credible references to prove these points, but he also wraps up the conversation with some eminently practical and widely precedented policy actions that municipalities can enact - policy tools to establish housing justice at the same time slow the flow of land value increases into the pockets of land speculators.

Business Planning for Affordable Housing Developers

Author : R. M. Santucci
Publisher : Xlibris Corporation
Page : 263 pages
File Size : 45,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9781479752706

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Business Planning for Affordable Housing Developers by R. M. Santucci Pdf

Using a seven step process, real estate developers will be mentored through the path to creating a three to five year business plan. It includes a template outlining the narrative and spreadsheet format for administrative and capital projections. It also includes examples of real estate plans from successful operations. The seven steps to create a fundable plan are: Describe the Business, Evaluate the Environment, Plan Organization, Management, and Personnel, The Financial System, Marketing Strategy, Identify and Defeat Risk, and Develop and Sell Your Plan. This niche guidance is targeted to Real Estate Developers and nonprofit organizations who are actively pursuing a successful path to long term sustainability.

Affordable Housing for Smart Villages

Author : Hemanta Doloi,Sally Donovan
Publisher : Routledge
Page : 278 pages
File Size : 50,5 Mb
Release : 2019-10-18
Category : Architecture
ISBN : 9780429575853

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Affordable Housing for Smart Villages by Hemanta Doloi,Sally Donovan Pdf

This book initiates a fresh discussion of affordability in rural housing set in the context of the rapidly shifting balance between rural and urban populations. It conceptualises affordability in rural housing along a spectrum that is interlaced with cultural and social values integral to rural livelihoods at both personal and community level. Developed around four intersecting themes: explaining houses and housing in rural settings; exploring affordability in the context of aspirations and vulnerability; rural development agendas involving housing and communities; and construction for resilience in rural communities, the book provides an overview of some of the little understood and sometimes counter-intuitive best practices on rural affordability and affordable housing that have emerged in developing economies over the last thirty years. Drawing on practice-based evidence this book presents innovative ideas for harnessing rural potential, and empowering rural communities with added affordability and progressive development in the context of housing and improved living standards. For a student aspiring to work in rural areas in developing countries it is an introduction to and map of some key solutions around the critical area of affordable housing For the rural development professional, it provides a map of a territory they rarely see because they are absorbed in a particular rural area or project For the academic looking to expand their activities into rural areas, especially in rural housing, it provides a handy introduction to a body of knowledge serving 47% of the world's population, and how this differs from urban practice For the policy makers, it provides a map for understanding the dynamics around rural affordability, growth potential and community aspirations helping them to devise appropriate intervention programs on rural housing and development