Community Preservation Partners’ Post

Minnesota Housing Finance Agency's FAQ document is now available for #MnCities! The FAQ covers frequently asked questions on the new Local Affordable Housing Aid and Statewide Affordable Housing Aid programs, which provide direct funding to qualified cities to address local housing efforts. Learn more: ow.ly/mtxc50R5X2r

Great read here about the importance of a Continuum of Housing ... "Some of the biggest housing finance programs do not incentivize movement upwards. The system needs to support a continuum of affordable housing to free up-regulated low-income housing and allow upward mobility. This is difficult to do when entry-level move-up middle-income housing is not being produced. Incentivizing middle-income housing solutions allows for a broader range of affordable housing, so there is room to move up and make regulated affordable housing available to those who need it." Going from 60% AMI Rents to Market is often a $1000 difference and not financially feasible for most individuals and families. "The end goal is not to keep producing piecemeal strategies that create momentary influxes of developments but to successfully zone, permit, fund and develop long-lasting infrastructure for the future of the nation." #affordablehousing #missingmiddlehousing #continuumofhousing  https://lnkd.in/gHjEkDgG

Some summer time reading recommendations. Listened to Escaping the Housing Trap and now marking up some highlights. Chapter 10 - Releasing the Swarm and chapter 11 - Financing a Housing Revolution touches on points I had tried to advocate while in Local Government with not much success unfortunately. #localgovernment #affordablehousing #strongtowns

Phoenix Allocates $9M in Federal Grants to Expand Affordable Housing and Revamp Existing Units Contact me to discuss the latest scoop in real estate! #rosinteam #expertadvice #azproperties #AZrealestateadvice #housesoffacebook #housesofinstagram #arizonahomes #arizonarealtor #arizonarealestateagent #arizonainvesting

NAHB’s Blueprint to Address the Housing Affordability Crisis With a nationwide shortage of roughly 1.5 million housing units that is making it increasingly difficult for American families to afford to purchase or rent a home, NAHB provides this 10-point housing plan to help tame shelter inflation and ease the housing affordability crisis by removing barriers that hinder the construction of new homes and apartments. 1. Eliminate excessive regulations; 2.     Promote careers in the skilled trades; 3.     Fix building material supply chains and ease costs; 4.     Pass federal tax legislation to expand the production of affordable and attainable housing; 5.     Overturn inefficient local zoning rules; 6.     Alleviate permitting roadblocks; 7.     Adopt reasonable and cost-effective building codes; 8.     Reduce local impact fees and other upfront taxes associated with housing construction; 9.     Make it easier for developers to finance new housing; and 10. Update employment policies to promote flexibility and opportunity. Learn more about each element of the plan at nahb.org/plan.

Federal Funding Boosts BC's Affordable Housing Plan #cloverdalehomes #bestcloverdalerealestateagent #bestlangleyrealestateagent #fraservalleyhomes #langleyhomes #fraservalleyrealestateagent #langleyrealestateagent #fraservalleyrealestate #langleyrealestate

Different measures can be used to describe the housing affordability crisis, but many of them indicate that it is at its worst in B.C., where the crisis, both in terms of rental and ownership, has extended across all regions. It may be surprising, therefore, to learn that the province has long been a Canadian leader in housing policy and interventions in the housing market.    No.2 in our 3-part policy brief series explores the impact of financialization of the housing market in B.C., and the Rental Protection Fund that aims to protect vulnerable units. Read it now: https://lnkd.in/ge8ZJjrv . . . #BritishColombia #Housing #HousingMarket #Research #Policy #Rental #Financialization #HousingAffordability

Tell me again why we want government involved in "affordable housing"? "By forgoing government assistance and the many regulations and requirements that come with it, SDS Capital Group said the 49-unit apartment building it is financing in South Los Angeles will cost about $291,000 a unit to build. The roughly 4,500 apartments for low-income people that have been built with funding from a $1.2 billion bond measure L.A. voters approved in 2016 have cost an average of $600,000 each. Across California, efforts to address the homelessness crisis by building more affordable housing with government money have been plagued by sky-high costs. A recent report commissioned by the city of San Jose found affordable-housing projects that received tax credits cost an average of around $939,000 a unit to build there last year."

Federal Funding Boosts BC's Affordable Housing Plan #whiterockrealestate #langleyrealestate #fraservalleyrealestate #surreyrealestate #vancouverrealestate #vancouverrealestateforsale #vancouverrealestateagent #vancouver #vancouverrealtors #realestatecanada

As part of Ontario’s ambitious housing strategy under Bill 23, City of Richmond Hill has committed to delivering 27,000 new homes by 2031. This goal is crucial for meeting the region's growing population demands, but the challenge of financing this vast housing supply cannot be overlooked. Recent estimates suggest that the funding required could range between $17.55 billion to $32.4 billion. But where will the money come from, and how can developers and municipalities tackle such a large financial burden? David West , Land Services Group (LSG) #realestatedevelopment #buildontario #Ontariobuilders #tokenization #alternativeinvestment https://lnkd.in/ekq3VneR