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  • The problem fueling the essential housing crisis and how to fix it

    Charlotte's tight housing market can prove unaffordable to young professionals, with high rents equal to half a person's income. The "essential housing" niche, a middle ground between luxury homes and lower-cost "affordable" housing, provides an opportunity to economize on construction costs and pass those savings on to renters. Fewer apartment floor plan options and fancy amenities can translate into rents up to $700 less, a marketing strategy that has given the developer a strong rental business – and its younger customers a relative bargain in an expensive market.

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  • How to make space

    Canadian cities lack the housing supply to keep up with demand and zoning laws are partly to blame. Land is designated specifically for single-family homes, which is the least efficient use of space, generates the lowest tax revenue, and contributes to more traffic and fewer public transportation options. The zoning rules are meant to prevent one problem, overly dense cities and their attendant problems, but its unintended consequence is a market that's priced most people out of it.

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  • The Atlanta BeltLine Wants to Prevent Displacement of Longtime Residents. Is it Too Late?

    The Legacy Resident Retention program is helping longtime homeowners remain in their homes despite rising taxes and property values in Atlanta, Georgia. The program aims to mitigate gentrification and displacement as a result of the Atlanta Beltline development and has helped 21 families by covering the cost of increased property taxes.

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  • As Paradise Rebuilds, It's Also Preparing for the Next Fire

    After the 2018 Camp Fire that tore through the town of Paradise, California, local residents are starting to rebuild. As of April, the town issued nearly 1,500 building permits. They’re also implementing a plan to remove trees that pose a safety concern for residents, which has been an extensive coordination effort between federal, state, and local government officials. Housing prices in the area have increased significantly making it difficult for some people to rebuild, but some organizations are working to help those that want to return to the area.

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  • The secret ingredient in Paris' green public housing

    Paris Habitat, the city’s main social housing agency, used hempcrete — a concrete-like mixture of hemp, lime, and water — as insulation in one of its apartment complexes. This material helps maintain temperature and reduces a building’s energy use and greenhouse gas emissions. The cost of using hempcrete can be expensive but making the material is more environmentally friendly, and has shown that it can be implemented for affordable housing and not just for those who already have the means to pay for it.

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  • Questions Remain About New Affordable Homeownership Program Run by an Atlanta For-Profit

    Renters in Atlanta’s DeKalb County were given the opportunity to buy their homes at below-market values. Instead of selling homes to the highest bidders, a development company that bought the 72 homes sought to prevent displacement, create affordable housing, and help keep longtime residents in the neighborhood - especially those who make 60 to 100 percent of the area median income. Despite the good intentions, the solution did not take into account financial challenges such as bad credit, which hinders the ability to purchase a home or the expenses of owning a home, which can lead to debt.

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  • How to reuse a demolished building

    A warehouse in Switzerland is being transformed into new creative workspaces. The catch: It’s being constructed out of reused building materials. About 70 percent of it is being made from old materials like wood floorboards, steel beams, and windows. A network of treasure hunters are on the lookout for used materials that can be used in constructing these buildings. The workspace is nearly complete and it already has tenants for all of the spaces. They were also able to cut the building’s carbon emissions in half.

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  • The Era of the Wood Skyscraper Is Arriving Audio icon

    The Brock Commons Tallwood House in Canada was the tallest building made of wood when it opened in 2017. Now, thanks to government policies, scientific research, and hundreds of examples of proof-of-concept, more developers around the world are looking to construct buildings out of timber. Using timber is cheaper than cement, concrete, and steel and can actually store carbon emissions in its supports instead of releasing the greenhouse gas into the atmosphere.

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  • House Rules

    A shortage of available affordable housing in Santa Fe, New Mexico was exacerbated by inclusionary zoning laws that discouraged real estate development. Restrictions on new rental properties drastically increased rents due to a dearth of available housing and supply has increased as the law was reversed.

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  • A 19th Century Fund Is Still Helping Philadelphia's Smallest Businesses

    A long-running fund in Philadelphia has been able to help struggling small-business owners in the city since 1854. The Merchant Fund has been able to provide 67 businesses with $307,000 in grants since the onset of the pandemic. Additionally, it also helps entrepreneurs purchase real estate. The fund’s executive director notes, “Owning property is crucial to business longevity, and is fundamental to creating wealth that can be passed on.”

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