City of Belton, MO’s Post

Should Metro explore buying up existing apartments as a way to fix the region's low-income housing problem? Gary Fisher, Executive Director of Multifamily NW spoke with the Willamette Week's Sophie Peel, “Apartment sales are at record lows—and if Metro sees an opportunity to get more people into supportive housing faster, they should take it. With permitting times lagging around the Portland metro region and development costs soaring, it certainly seems like purchasing existing units is a more efficient use of taxpayer resources.” What are your thoughts? You can read the full article here - https://lnkd.in/gwFHys7G #orhousing #pdxhousing

🌟 A key solution to the housing crisis is right under our noses — and in our backyards! 🌟 Small Housing founder Jake Fry recently spoke with Frances Bula about the policy changes needed to fully tap into the potential of gentle density housing. Imagine if Vancouver homeowners could sell the laneway homes they build in their backyards, instead of being restricted to renting them. This simple change could help deliver as much as 30,000 new small homes in Vancouver over the next decade — matching the entire target amount of the Broadway Plan! At Small Housing, we’re working hard to make gentle density housing easier and more feasible to build. We’re excited to advance these plans and deliver the homes people want, need, and deserve. #SmallHousing #GentleDensity #HousingCrisis #InnovativeSolutions #VancouverHousing BCBusiness Nathan Caddell Akua Schatz Aina Adashynski Vienna Braux David Sisk Jeff Waters, P.Eng. https://lnkd.in/grhWAUvh

Chandler has given green light on 2,000 apartments; funding is obstacle Chandler has approved over 2,000 new apartment units, but construction has stalled due to a funding crunch, the East Valley Tribune reports. Developers are facing difficulties securing the necessary funds for construction after overpaying for land based on previous valuations. The city acknowledges a significant gap in affordable housing, particularly for low-income families. To address this, Chandler is partnering with private companies to build affordable units through the Rental Assistance Demonstration program. However, with limited undeveloped land remaining, the city faces challenges in expanding housing supply.   Read more: https://lnkd.in/gb3aDxXD   #ThomasTitleandEscrow #CommercialRealEstate #TitleTrove #Multifamily #AffordableHousing #RealEstate

Five charts that show which Bay Area cities are building the most housing. The region’s cities aren’t all pulling their weight equally when building more housing. Read on. #housing #housingmarket #multifamily

Affordable housing project could sprout near San Jose auto dealerships "🏠 Affordable housing is always a hot topic in the Bay Area, and San Jose is taking a step in the right direction. 🌉 The city recently announced plans to build more affordable apartments, providing much-needed relief for those struggling to find a place to call home. 💰 This move will not only benefit residents, but also boost the economy and real estate market. 💼 It's a win-win situation for everyone involved. #SanJoseHousing #AffordableApartments #BoostingTheEconomy #RealEstateGoals 💸 Let's hope other cities follow suit and prioritize the need for affordable housing. 🙏 #AffordableLiving #BayAreaHousingCrisis #BuildingCommunities 🏘️ Spread the word and let's make affordable housing a reality for all. 💪 #TogetherWeCan #CommunityMatters #HousingForAll 🌎" via @mercnews

LA City Planning wants to know where you want to see more affordable housing. Can multifamily developments be integrated into R1 zones in LA? I think so. See the survey link below. In a surprising (or maybe not so surprising) move, @Planning4LA has decided that: - single-family zoned land is not being considered eligible for the Affordable Housing Overlay incentives AND - single-family zoned sites are not being considered in the expansion of the TOC Affordable Housing Incentive This will limit the geographic areas for new housing re-zoning programs. Thoughts? https://lnkd.in/g3BpnAuc

Higher density alone isn’t enough to alleviate Toronto’s housing crisis. Yes, Toronto’s new 60-unit as-of-right zoning is a win when it comes to improving the approvals process, but it’s not quite a gamechanger when it is restricted to 6 storeys instead of the needed 8 storeys to create family-oriented communities. As I told Real Estate News Exchange (RENX), 60-unit as-of-right helps the building economics but high government fees, land and building costs in Toronto are what’s really impeding our industry from bringing more livable communities with diverse unit mixes to market. A sustainable future for our housing market means building more truly family-oriented communities rather than 60-unit mid-rises tightly packed with studios. For it to work, you need the right unit mix. To get the right unit mix, you need larger lots and larger lots come at a cost or you need 8 storeys as of right.

#Vancouver's city council is exploring expanding into co-ops to develop more #affordable homes. Co-op homes improve affordability over time, since low- and middle-income people purchase shares in the co-op without any equity or ownership position. Many of Vancouver's co-ops were created decades ago with federal funds that have since dried up, and there could be space for extra units on existing co-op land. #coops https://ow.ly/qk2n50R4YR6

The City's aging housing stock, like Barrington Plaza, designed and constructed in the 1950s, faces more obstacles. Renter influenced City Council supported nation's longest Eviction Moratorium, uses Homeless bond construction monies for late payment of rent, overtly influences Los Angeles City Planning and votes in rent increases that don't keep pace with increased operating expenses. Latest Anti-Development Play: City Denies That Upgrades Are Needed Amidst LA’s Largest Rent-Controlled Housing Eviction in 40 Years. 65% renters in aging housing stock will have fewer, safe, affordable options as developers increasingly redline #LosAngels. https://lnkd.in/gmx5q9A7

In an already challenging year for tenants, rent grew faster than property prices with Brisbane’s median hitting $600 a week for the first time according to the latest PropTrack market insights report: Q Shelter Policy Manager, Jackson Hills commented on the report - “Queensland is in a period of severely low rental availability, record high rental prices, and an escalating rate of unmet housing need. “We have long been calling for a reasonable approach to rental market intervention measures to achieve a ‘healthy housing system’ overall. Obviously, the single biggest impact we can make is a substantial boost to housing supply. While supply strategies are in the pipeline, we need other interventions to protect people from the risk of homelessness. We also look forward to seeing the Queensland Government’s response to submissions to Stage 2 rental reforms early in the new year.” https://lnkd.in/gcS77ijh