Multifamily
Discover the Top 5 Accessibility Myths in the Multifamily Industry
With the introduction of the DOJ’s Accessibility Initiative, and NCSHA’s 46 New Best Practices (nearly 10% of which deal directly with accessibility), it’s more important than ever for multifamily developers to understand accessibility regulations.
‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis
Repurposing a 1.5 million-square-foot decaying building that’s been abandoned for decades and is too expensive even to demolish may seem like an impossible task. Yet a group of non-profit organizations in Memphis tackled this feat by turning a 1927 vintage Sears distribution center into a “vertical urban village” that includes resources for the arts community, for education, and for health and wellness services.
6 Lessons Learned from a Historic St. Louis Rehab Project
The Arcade Apartments development is finished product of a historic rehabilitation of a 500,000-square-foot architectural landmark in downtown St. Louis. The $118 million project involved a mix of federal and state historic tax credits and New Market Tax Credits, loans, mortgages and investment from Webster University.
NAHB Webinar Explores Economic Conditions for Multifamily Sector
NAHB Chief Economist Robert Dietz will present the latest economic and housing data affecting the multifamily home building sector during the Multifamily Housing Economic Outlook Webinar scheduled for Thursday, July 18, 2-3 p.m. ET.
How Green Building Can Boost Housing Affordability
Housing affordability — a top priority for NAHB in 2019 — is a critical issue nationwide. Although there is no single solution to the affordability challenge, incentives can provide some relief. Visit NAHB at the NACo Conference this week to learn how high-performance building strategies in both market-rate and low-income homes can qualify for these incentives to provide affordable solutions, and what other jurisdictions are doing.
Leveraging Green Building to Incentivize Housing Affordability
The Low-Income Housing Tax Credit (LIHTC) program is an important resource for creating affordable rental housing in the United States. Each state approves a Qualified Allocation Plan (QAP), which establishes the criteria allocating agencies will use to award LIHTCs. Some states include green certification programs as part of their QAP. See which programs are recognized in your state.
Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand
Despite a solid economy, rising wages and household growth that is now back from post-recession lows, new home construction remains depressed, due to supply-side challenges that are making it increasingly more difficult to build at affordable price points.
Zoning Restrictions Present Major Obstacles to Housing Affordability
Boston has seen notable growth in recent years, but it has been unable to keep up with housing demand. A new report, “The State of Zoning for Multi-Family Housing In Greater Boston,” illustrates the effects zoning restrictions can have on housing affordability in a major metropolitan area.
Rent Control Legislation Heats Up Amid Affordability Concerns
Rents for apartments and single-family homes are rising nearly as fast as home prices. As already high rents climb higher, frustrated renters may move further away from employment centers or look for smaller apartments. Exacerbating the issue is increased legislative interest in rent control — which often creates more challenges, including reduced supply of available units and reduced income to states and municipalities because of slowed or halted development.
Boomers Cite Durable Materials Among Most-Wanted Home Features
As of 2019, the entire baby boomer generation is now officially 55 years old and up. What do these 75 million consumers in a strong 55+ housing market want in their homes for their ‘golden years’?
Eye on Housing Blog