Foundation Housing Ltd’s Post

#Exclusive | Exploring the pros and cons of affordable housing - Read our latest blog to know about its potential benefits, hidden challenges, and the real impact on communities. https://lnkd.in/dPgikg7M   #RealtyNXT #IndianRealEstate #AffordableHousing #HousingCrisis #CommunityDevelopment #EconomicStability #SustainableLiving #AffordableLiving #UrbanDevelopment #HousingSolutions #CommunityRevitalization

Interesting read of the week 📖 The Connected Communities program is aiming to incentivize the construction of affordable housing and community amenities through looser zoning rules. This legislation would provide development incentives, streamlined construction processes, and fee exemptions for qualifying projects. The program targets nonprofit organizations working with marginalized communities, aiming to create more intentional buildings with mixed-income housing and ground-floor community spaces. However, there are concerns from some council members regarding certain provisions, including one that allows middle-income homeowners adjacent to the projects to sell their land in exchange for a guaranteed unit in the development.

Interesting strategies for addressing barriers to the expansion and scaling of intergenerational housing.

In Abt Global's latest report, we took a look at how 10 community-based collaboratives are addressing their communities’ diverse economic needs by investing in housing. For example, in South Florida, one collaborative is working with two land trusts to build or preserve at least 300 rental units using the Community Land Trust (CLT) model, which ensures housing prices remain affordable. Read more in our report here: #Housing #HousingEquity #Equity

🏡 Housing Solutions Showcase Innovative Housing Solutions in Humbermede. ✅ A Milestone in Affordable Housing: Weston Road Project. Looking back at a significant achievement in affordable housing, let's revisit the Weston Road project. Completed in 2016, this development provided 336 new rental units for seniors, recent immigrants, and people with low income. ☑ Historical Impact: This project was a crucial step in addressing Toronto's housing affordability crisis at the time. ☑ Diverse Housing Options: The development offered a mix of bachelor, one-bedroom, and two-bedroom apartments to meet various needs. ☑ Community Benefit 👨👩👦👦 : The project provided much-needed housing stability for vulnerable populations. 📣 🚀 Let's continue to advocate for affordable housing initiatives and celebrate the positive impact of projects like these. This campaign is part of the pilot Policy Fellowship program Newcomer Women's Services Toronto.  #CommunityVoices #HousingAffordability #CommunityDevelopment #PublicPolicies Source: https://lnkd.in/gcn2HA4s

What does housing mean to you?

Faith can serve as a powerful motivator for developing and strengthening communities through housing projects in several ways: 1. Shared Values and Mission: Many faith traditions emphasize the importance of community, compassion, and service to others. This shared mission can unite individuals and organizations, creating a strong foundation for collaborative housing initiatives. 2. Mobilization of Resources: Faith communities often have access to financial resources, volunteers, and networks that can be harnessed for housing projects. By leveraging these assets, they can effectively address local housing needs and initiate impactful developments. 3. Advocacy and Awareness: Faith leaders can raise awareness about housing issues within their congregations and the broader community. Their moral authority can inspire action and advocacy for policies that support affordable housing and equitable development. 4. Community Building: Faith-based organizations frequently serve as gathering places, fostering social connections and trust among community members. This sense of belonging can facilitate participation in housing projects and ensure they meet the needs of the community. 5. Holistic Approach: Faith can encourage a holistic view of community development, recognizing that housing is intertwined with issues like education, health, and economic opportunity. This perspective can lead to more comprehensive solutions that enhance overall community well-being. 6. Emphasis on Inclusion: Many faith traditions advocate for the marginalized and vulnerable. Housing projects inspired by these principles often prioritize inclusivity, ensuring that all community members have access to safe and affordable housing. 7. Sustainable Practices: Faith communities can promote sustainable development practices, emphasizing stewardship of the environment and resources. This can lead to housing solutions that are not only affordable but also environmentally responsible. Through these avenues, faith can inspire meaningful efforts to create and strengthen communities, turning ideals into tangible housing solutions that improve the lives of many. - - #Homebuying #Faith #Attainable #Realtor #Community #BuildAFuture

Imagine a London where every resident has the power to control the management of their homes, citizens co-design new developments, and steward land in a way that fosters sustainable communities and generates a just transition towards genuine community wealth. This isn’t just an idealistic vision; it’s a practical, achievable strategy that can reshape the future of housing in our city—one where community-led projects play a vital role. For too long, London’s housing policy has been dominated by the belief that large-scale developments are the only solution to our housing crisis. These projects, often championed by big housing providers and public officials, are touted as quick, economical, and efficient. However the gap between the rhetoric and reality remains cavernous. There is a better way. Community-led housing offers a powerful alternative that empowers residents to take control of their living environments. This approach allows Londoners to be directly involved in the planning and development of housing schemes, particularly on small sites or in areas undergoing significant regeneration. It fosters innovation and enables the creation of diverse, sustainable communities that truly reflect the needs and aspirations of those who live there. Community-led housing models prioritise the long-term stewardship of land and homes, ensuring that affordability is protected in perpetuity - crucial in a city where housing costs continue to soar, threatening to price out long-term residents and undermine the social fabric of our neighbourhoods. This approach is not just about building homes; it’s about building communities. It’s about creating places where people want to live, not just because they have to, but because they’ve had a hand in shaping them. Community-led housing is more than a housing solution; it’s a social revolution. It represents a shift in power from developers and officials to the residents themselves. By enabling Londoners to design and manage their own homes, we are fostering a sense of ownership and responsibility that can lead to stronger, more resilient communities. Community-led projects lead to better outcomes in terms of sustainability and quality of life. When residents are involved in the planning process, they are more likely to prioritise features that contribute to long-term sustainability, such as energy-efficient designs, green spaces, and communal areas. They make sense. In a time when housing affordability is one of the most pressing issues facing London, community-led housing provides a pathway to long-term affordability. Well done Tom and all at Community Land Trust Network on the submission to The London Assembly. Good to see Leonie Cooper AM participation in this. Closer to home we hope Wandsworth Borough Council will work with our new Earlsfield Community Land Trust to act of these recommendations. Wee blog on our local CLT launch in July. ⬇️ https://lnkd.in/e9wZ7pAt

Read more about Impact for Equity's housing work in Crain's!

Market Expansion: Inclusionary zoning (IZ) is a crucial policy fostering socio-economic diversity within communities by mandating developers to include affordable housing units in their projects. By incentivizing the expansion and diversification of the housing market, IZ encourages developers to cater to a more inclusive mix of housing options beyond the market-rate segment. Integrating affordable units into developments not only addresses the needs of lower-income households but also contributes to a balanced and resilient real estate market. Community Relations: Developers engaging in inclusionary zoning projects benefit from positive public relations and community goodwill. By participating in efforts to alleviate the affordable housing crisis, developers build a favorable reputation and stronger relationships with residents and authorities. This commitment to inclusionary zoning can lead to smoother project approvals, reduced opposition, and increased community support. Visit us at https://lnkd.in/e_CjszZH to make a difference in housing diversity and community relations. #InclusionaryZoning #AffordableHousing #CommunityRelations #HousingDiversity