A weekly digest of current trends in housing and community development. The discussion examines topics from infrastructure to community fabric.
Rural Housing Initiative(RECAP: Recognizing that rural affordable housing needs vary widely from those faced in urban areas, Housing Virginia initiated its Rural Housing Initiative in the fall of 2015 with a preliminary survey of rural providers, followed by a pre-conference session for these providers at the Governor’s Housing Conference. Housing Virginia plans to use this information, along with housing data and best practice research, to develop an action plan to assist rural providers and improve the lives of their clients.)
'Millennial dorms': A new kind of group living for urbanites(RECAP: A WeWork/WeLive mixed-use building is located in Crystal City, with the 260 residential units having opened May 1. Though WeLive is in its earliest stage, co-founder Miguel McKelvey says the company can easily see a time when WeLive buildings include features and amenities that cater to demographics beyond millennials, such as families with young children and older adults.)
We need more apartments and houses, but the challenges differ for each(RECAP: Between single family homes and rental apartments, the U.S. still doesn’t have enough housing to adequately meet demand. To better meet housing needs, decision makers need to understand the different challenges facing these two markets. At a July Housing Finance Policy Center data talk “Tale of Two Markets: Single-Family versus Multifamily Construction,” a panel of experts gathered to talk about both markets.)
The cost of affordable housing: Does it pencil out?(RECAP: It turns out building affordable housing is not particularly affordable. In fact, there is a huge gap between what these buildings cost to construct and maintain and the rents most people can pay. Without the help of too-scarce government subsidies for creating, preserving, and operating affordable apartments, building these homes is often impossible. This tool helps explain why.)
Community Living Spending Continues To Rise(RECAP: Evolving ideas about how to best serve people with developmental disabilities appear to be driving the trend toward community living, according to a new report produced for the Centers for Medicare and Medicaid Services, with 75 percent of dollars targeted to this group going to integrated care.)