CMB Regional Centers’ Post

Are you thinking of Making a move? Call us first! #signaturereg #rlpwolstencroft #langleybc #realestate #fvreb #surreybc #cloverdalebc #southsurreybc #whiterockbc #homeownership

Are you thinking of Making a move? Call us first! #signaturereg #rlpwolstencroft #langleybc #realestate #fvreb #surreybc #cloverdalebc #southsurreybc #whiterockbc #homeownership

#ECRG Round 1 #Successstory Affordable, Transit-Oriented Senior Housing in Oakland: The East Bay Asian Local Development Corporation (EBALDC) is a non-profit affordable housing developer that has three ECRG grants for three separate affordable housing projects in San Francisco East Bay communities. This includes a $145,439 Site-Specific Investigation Grant for the Lake Merritt BART Senior Affordable Housing Project in Oakland’s Chinatown. This project is the first phase of a larger Transit Oriented Development (TOD) project at the Lake Merritt Bart will bring 519 housing units, 44% of which will be affordable, as well as 517,000 sq ft of commercial space for shops and offices. This first phase will be EBALDC’s development of 97 affordable senior housing units, support services, and a new park. Before EBALDC can break ground, the site, which is currently surface level parking for the station, needs to be assessed to ensure there is no contamination that may impact that final plan. EBALDC applied for and received a Round 1 Site-Specific Investigation grant for soil and soil vapor sampling, groundwater sampling and management plan, work plan development, site investigation reports, and project oversites. “The ECRG grant supported environmental remediation due diligence/pre-construction activities at one of EBALDC's most important and visible development sites - the Lake Merritt BART TOD.” said James Perez, Senior Project Manager of EBALDC, “Without these funds, a small community-based non-profit organization like EBALDC would struggle to move these vital projects towards construction.” Watch James Perez present on this project at CALRC 2023’s “Home Within Range” panel: https://loom.ly/I8R0jAw The project was recently awarded 4% tax credits and bonds, and has received over $50 million in competitive financing from local, regional, and state funding sources. The project is finalizing financing commitments and going through permitting processes through BART and the City of Oakland. The Lake Merritt BART Senior Affordable Housing is slated to start construction in Summer 2024.

We are pleased to announce Pobl Group has climbed two places to secure the 40th spot in the Inside Housing Top 50 Biggest Builders development survey, demonstrating the significant contributions Welsh housing associations are making on the UK scene. With an impressive 27% increase in home completions from the previous year, we delivered 462 homes across various tenures in 2023-24. Following the merger with Linc Cymru, the expanded Group is poised to deliver 689 homes in 2024-25 and close to 4,500 new homes over the next five years. Upcoming developments include exciting projects in Newport, Swansea, and Caerphilly, with longer-term plans for major developments in Rhondda Cynon Taf and Haverfordwest. Scott Sanders, CEO of Pobl, highlights, "This is an exciting time for Pobl Group post-merger. The figures in the Biggest Builders survey underline the enormous potential we have as an expanded Group to create a fresh outlook and ambition aligned to the needs of communities across Wales." Read more 👇 https://lnkd.in/erKis2ZE #PoblGroup #AffordableHousing #WalesHousing #CommunityDevelopment #InsideHousingTop50 #SocialRent #HousingAssociations #WelshGovernment #Homebuilding #SustainableCommunities

Looking forward to this session and supporting the case for SMEs.

Here's Premier Doug Ford's update on Hamilton's housing target revolves around Ontario's broader initiative to build at least 1.5 million new homes to keep housing costs down and help rebuild the province's economy. Ford emphasizes collaboration rather than overriding municipal planning to force high-density housing in every neighborhood, highlighting the importance of working together with mayors and councils to meet housing needs tailored to each community. In his approach, Ford stresses the importance of setting clear targets, holding municipalities accountable, and rewarding their success. He mentions providing municipalities with necessary tools, including strong mayoral powers and significant funding, to support housing development, referencing a three-year, $1.2 billion program aimed at rewarding municipalities for progress against their annual housing targets. Hamilton, in particular, has exceeded its 2023 housing target by breaking ground on 4,142 new homes, leading to the presentation of a Building Faster Fund check of more than $17.5 million to the city. This fund is intended for community development and infrastructure projects that facilitate more housing. Furthermore, Ford underscores his belief in local decision-making over provincial imposition in planning and development, arguing that municipalities are best equipped to decide the appropriate mix and placement of housing in their areas. He contrasts this with the idea of imposing uniform high-density housing solutions, such as four to eight-story buildings, in residential neighborhoods, which he believes could lead to issues such as parking congestion and community disruption. Ford's narrative aligns with the principle of localized decision-making, leveraging partnerships with municipal governments to achieve housing targets while respecting community character and infrastructure capacity. This approach underscores the emphasis on collaboration and shared goals between provincial and municipal levels of government to address Ontario's housing challenges. #hamilton #hamiltonrealestate #buildinghomesfaster #BuildOntarioTogether #HamiltonHousingSuccess #MunicipalPartnership #CommunityFirstDevelopment #AffordableHomesForAll #LocalSolutionsOntario #BuildingFasterFund #RespectOurNeighborhoods #OntarioHousingTargets #SustainableCommunitiesON https://lnkd.in/gUZjv9T6

Yesterday’s NLA #LREF conference was an event full of optimism. The event at the Guildhall in the City of London discussed the future of the built environment under the new Government. Mark Allan, chief executive of Landsec, pointed to the potential of brownfield regeneration and the need for higher-density housing to unlock opportunities in the sector.   Affordable housing was a major focus, with Fiona Fletcher Smith, chief executive of L&Q, highlighting the pressing need for it in London, where the average salary required to rent a home is now £76,000. Industry leaders called for more government intervention, as the private sector alone cannot sustain affordable housing development amidst high costs and supply chain challenges.   Discussions about the planning system were also front of mind, with the NPPF consultation now closed. There was an emphasis on the need for planning reform. Millie Dodd, founder of Just Build Homes, advocated for a simplified process to involve younger generations and underrepresented groups, who are most likely to support new homes but least involved in planning.   More information about our day at LREF can be found here: https://lnkd.in/gfS9f3EC   It was great to be part of such a vibrant event in the real estate calendar and to hear how we can tackle some of the challenges that the capital faces.   #LREF24 #RealEstate #Housing #UrbanDevelopment #AffordableHousing #PlanningReform #Placemaking Ros Barclay Katie Balcombe Alexander Peel

It was fantastic to work with Sean Worth, Jade Azim, and Paul Chamberlain on this important if worrying report that was also featured in The Times last week. While Labour has committed to building and to targets, it is clear that these targets will need to be stretching and come alongside a wider long-term housing strategy to deliver the homes that are needed. #UKhousing #planningreform

The 1.2 million home challenge for the next government to deliver the places that are needed for people to live, with particular challenges in the South East, is set out in this superb but deeply concerning research that was developed by our team at SNG alongside Paul Chamberlain and supported by the members of CASE (a group of South East housing associations). We are continuing to build the homes people need, and SNG plans to deliver 25,000 homes over the next ten years, but our job would be far easier if we had a long-term plan for housing that included rent settlements, planning reform and improved access to land. #UKhousing #CASEforHousing #socialhousing #housingcrisis #ukhousing #GE24 Abri Group A2Dominion Group The Guinness Partnership L&Q Moat Homes Limited Metropolitan Thames Valley Paradigm Housing Group Southern Housing VIVID West Kent Housing Association You can read the research here: https://lnkd.in/esJYhAHV

I really don’t understand at this point if it is pride on the City Councils part that they can’t admit they were wrong, or if they are really that disillusioned by the benefits of this code. A 12,500 extra cost for a constituent to buy a home in order to save 400 annually in energy payments? Simple math that is a 31 year payback, if you factor interest and PMI on a mortgage it never pays back. When you can buy the exact same house in a neighboring community with no earnings tax and 10k to 20k cheaper, pretty much a no brainer. I guarantee if this would have been put on the ballot it would have lost 100 times over. People don’t want extra costs, especially costs that make absolutely no sense. I like leaders who are willing to accept they are wrong and admit it just as much as parading their victories on social media, etc. **Just a disclaimer here, some are going to say only 12,500? HBA is saying 20k to 30k. The 30k is a prescriptive path and the 20k is a typical size, typical built KC home. The 12,500 I am quoting above is a 1600 square foot slab ranch already built previously with energy heel trusses and zip wall sheathing. That is not a typical construction method in KC.**