Share a compelling story of a community that came together to strengthen their local housing market, overcoming the bubble by smart investment and community planning. Highlight the lessons learned and how others can replicate this success.
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THE HISTORY AND PRESENT STATE OF THE AFFORDABLE HOUSING INDUSTRIAL COMPLEX IN AMERICA CAN BE SUMMED UP IN ONE WORD: BROKEN #HOMELESSNESS IS THE RESULT OF DECADES OF THE FAILURE TO BUILD AFFORDABLE HOUSING FOR ALL. DON'T BE FOOLED BY SLICK PROMOTIONAL POSTS THAT MAKE IT SEEM LIKE YOUR LOCAL, STATE OR FEDERAL GOVERNMENT ELECTED AND APPOINTED OFFICIALS ARE SOLVING THE AFFORDABLE HOUSING CRISIS. WHEN IT COMES TO AFFORDABLE HOUSING, THE PUBLIC AND TAXPAYERS MUST ASK: AT WHAT COST TO THE TAXPAYERS AND HOW LONG IS THE AFFORDABILITY PERIOD? EVERY TAXPAYER SHOULD BE ASKING THEIR ELECTED AND APPOINTED OFFICIALS THE FOLLOWING QUESTIONS: 1. How much local, state, and federal funding, tax credits, density bonus increase, waivers of impact fees, or other government benefit or incentive did the project receive? 2. What is the affordability period for each project and, if the affordability period is not in perpetuity or permanent, WHY NOT? 3. What guarantees exist that tenants in the affordable housing units will not be displaced after an "affordability period expires? Any LOCAL, STATE or FEDERAL official that does not MANDATE "permanent" affordability periods or affordability "IN PERPETUITY" for any project receiving some government benefit is commiting MALFEASANCE and should quit, be removed from office or be terminated. IN MOST CASES WHEN IT COMES TO AFFORDABLE HOUSING, the public and taxpayer are being fooled into thinking their elected and appointed officials are solving problems, when in fact, all hey have done is "KICK THE CAN DOWN THE ROAD" to burden a future generation with the same problem or crisis!
LIVE: Our Rural Communities Senior Director Robin Davey Wolff will testify next Tuesday April 16 at 10 am ET on Challenges in Preserving the U.S. Housing Stock before the Senate's Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development. Robin leads our rural preservation work, conducting regional academies and providing one-on-one technical assistance to help save a rapidly diminishing housing stock. She joins Jesse Ergott, President and CEO of NeighborWorks Northeastern Pennsylvania and Christopher Volzke, MBA, Deputy Executive Director of Wyoming Community Development Authority. Watch the live hearing: https://bit.ly/4aNH6V0
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Today, the California Department of Housing and Community Development published California's Housing Future 2040: The Next Regional Housing Needs Allocation. This report lays the groundwork to unlock a variety of housing opportunities across California. Built on decades of progress to more accurately account for the housing needs of existing and future residents, the report identifies actions to promote and streamline housing development, affirmatively further fair housing, advance the state's climate goals, and substantially address California's housing shortage. Learn more: https://lnkd.in/grmd3paS
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CLT Resource Alert: Our Researchers are attending today's webinar, "Chinatown Land Trusts in Action: A Path to Community Resilience," hosted by Next City. For decades, Chinatowns have collectively acquired properties via community land trusts to resist being displaced in gentrifying neighborhoods. Tune into the conversation with us today, hosted by Oscar Abello, to understand the new challenges CLTs now face and how communities are organizing in Los Angeles, Toronto, and Boston https://lnkd.in/ejXbu2UR?
Chinatown Land Trusts in Action: A Path to Community Resilience
nextcity.org
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Top 1% Producer in Puerto Rico | Real Estate Investment Expert | Maximizing ROI for Property Investors
Explore the impact of opportunity zones on economic growth, community development, and real estate investment. Discover the challenges, success stories, and prospects of these zones https://lnkd.in/e2Z_2WNJ
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As Lower and Outer Cape communities grapple with the pressing need for affordable housing, many towns have historically tackled the issue with a piecemeal approach, focusing on one project at a time. This method, while well-intentioned, has proven inadequate in meeting the growing demand, as each project can span up to a decade from conception to completion. Enter the Housing Development Pipeline—a strategic approach the Community Development Partnership (CDP) advanced to streamline and accelerate the development process by ensuring a steady flow of projects in the pipeline. Learn more about this new initiative at https://lnkd.in/drqD8uhw >>
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Discover the importance of rural-serving institutions in supporting economic mobility and community development. Dive into the findings of this new report shedding light on the role of rural colleges.
The economic returns of a rural education
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Housing is a perfectly fine investment even when prices/rents aren't increasing, https://lnkd.in/gWe3s7i3 This is because asset prices are based on the net expected value of future cash flow (or expected value of avoided rents), and they adjust to that expected value of future cash flow. Markets where rents are expected to increase see prices well above what makes sense based on current rents and that upfront negative cash flow is balanced by the appreciation caused by increasing rents. "Treating something as an investment" doesn't magically make its price go up. Restricting the ability to increase quantity supplied in response to increases in demand does though. This diversion against "financialization" is misguided. If Coca-Cola stockholders managed to get all other soda producers outlawed we wouldn't be talking about how treating stocks as an investment was the cause of "unaffordable soda".
We are excited to announce our next community event with Strong Towns, Dallas Area Habitat for Humanity, Verdunity, and Options Real Estate! Charles Marohn, Founder of Strong Towns, will be joining us as a part of his "Escaping the Housing Trap" book tour Wednesday, October 2 from 6:00 PM - 7:30 PM at Wax Space in Tyler Station. Admission is free, so scan the QR code or visit https://bit.ly/3TcDg12 to register.
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Is your Community Development Department prepared? 🌊🔥💨 🌧️ In emergencies or potential disasters, damage to buildings or infrastructure often occurs. There may be spikes in chaos and building permit requests and your Community Development Department’s role will evolve to help get citizens back to normal as quickly as possible. Discover how the online permitting platform, eProcess360, can assist your department with continual service and help ensure your building permitting processes are ready for the unexpected. Learn more at eprocess360.com.
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Something happened to Dearborn County. We used to be the community which let our historic downtowns deteriorate. We ignored -- if not abhorred -- the Ohio River. We didn't see much value in artistic and cultural offerings. We had an aversion to working together. Whether it is the IEDC READI program or the recently relaunched OCRA Stellar Pathways program, we are often told that our communities need to go bigger, bolder, and more transformational with our investments and future planning. If you sit back and take inventory, you will realize Dearborn County is already well down this path. Have you seen East Central High School's new natatorium? The snow-making innovation at Perfect North Slopes? What about the concepts for the City of Lawrenceburg Riverwalk project? Or do we realize the milestone that is the new, state-of-the-art cancer center which St. Elizabeth Healthcare just opened in Greendale? We even have one of the most popular night clubs in the Cincinnati area at Hollywood Casino's Boogie Nights. All this right here in lil' ol' Dearborn County. What got into us? What changed our "Humble Hoosier" mentality? Some might say it is just the result of riverboat gaming or Cincinnati's urban sprawl and population growth spilling over state lines into Dearborn County. If you ask me, it came down to visionary leadership and innovators. People which we at One Dearborn have the fortune to engage with each day. We shouldn't scoff at big ideas which appear beyond our grasp. As our track record shows, with the proper buy-in and prioritization, such ideas are more achievable in Dearborn County and Southeast Indiana than we give ourselves credit for. For Dearborn County to succeed in becoming an Indiana Office of Community and Rural Affairs #StellarPathways designee, we'll need people of many backgrounds, ideas, and desires for our communities to be thoughtfully engaged. It's a big table. I hope you'll pull up a chair.
The Office of Indiana Lt. Governor Suzanne Crouch and OCRA today announced the four finalist regions for the 2024 Stellar Pathways program. Each region earned their finalist designation by demonstrating their ability to collaborate, communicate effectively, implement projects, address challenges, secure additional funding and engage with their communities. Congratulations to the four finalist regions: 🔷 One Dearborn County: Stellar Pathways for Indiana Gateways - includes Dearborn County Economic Development Corp., Dearborn County, Dillsboro and Greendale 🔷 Connect LaGrange County - includes LaGrange County Economic Development Corp., LaGrange County, Town of LaGrange, Shipshewana and Topeka 🔷 Wabash County - includes Wabash County, City of Wabash, North Manchester, Roann, LaFontaine and Lagro 🔷 Warren County Region - includes Warren County and Williamsport For more information, read the full release here: https://lnkd.in/gSacAUxH Thank you to our Stellar Pathways partners Indiana Housing and Community Development Authority (IHCDA), Indiana Department of Transportation, Indiana State Department of Agriculture, Indiana Destination Development Corporation, Indiana Department of Natural Resources and Indiana Department of Health.
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Our Annual Impact Report is here! 🎉 Learn how we impacted over 7,000 lives with housing, community services, education, community development, financial services, and workforce development! Read a copy on our website at www.peopleinc.net.
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