Christine Briggs’ Post

The The Wall Street Journal report on ADUs | IMBYs… https://lnkd.in/geKAuefQ ‘Recent Californian zoning reforms, legalize, missing middle housing, such as duplexes, triplexes, and accessory dwelling units or [ADUs], or granny flats. Once California required cities to make it easier to build ADUs, Los Angeles saw an explosion of backyard and garage units. In 2022, the city issued 7,160 ADU permits compared with just 1,287 permits for single-family homes…’ The Wall Street Journal June 24 - 25, 2023 #IMBY #ADU #SDGs #HybridWorkplace #WFH #WFA #WalkableUrbanism #20MinuteNeighbourhoods #TimelessUrbanism

The future is IMBY. In My Back Yard (IMBY) modular housing offers an efficient, and high quality housing solution to people seeking housing and can play a key part in solving the housing crisis. We are passionate about delivering diverse quality housing options and taking action to meet Victorian’s significant housing needs – with 32,328 people on the VHR waiting for a single bedroom dwelling, the need is evident and pressing. As a community housing provider, we have already identified over 50 properties where an IMBY could be built today.    IMBY’s can increase housing supply while still maintaining a standard of living that delivers residents' preferences for lifestyle and community connection.    We have the land, we have the plan – we’re just looking for funding to bring our vision to reality.  In the comments is a link to our proposed IMBY pilot.  Read more: https://lnkd.in/gVUJGGBP

Land uses and zoning will change in 17 existing low-density residential areas of Vancouver to create “Villages” of new low-rise multi-family density, effectively increasing housing supply, reported Daily Hive. "Today, Vancouver City Council approved City of Vancouver staff’s planning process for creating 17 Villages across the city. As identified by the 2022-approved Vancouver Plan, such Village areas will generally be within 400 metres from existing minor retail streets. Within these areas, there will be gentle densification, enabling low-rise residential buildings between three storeys and six storeys, along with townhouses and multiplex residential buildings." https://lnkd.in/grHA-ZBw #vancouver #development #policy

The fastest growing State in the Union is beginning to face the challenge of meeting affordable housing demands. However, current home building efforts represent a wide mix, many of which do not meet the "affordable" definition. Individual municipalities are beginning to change their own codes and bylaws to change this, and new apartments are springing up everywhere. However, the intersection of supply and demand remains elusive. hatch + ulland owen architects The Woodlands #texasconstruction #texasrealestate #texashomes #affordablehousing #texashomes

Here is a sample of what you missed last week.

Non-standardized and sometimes incomprehensible zoning restrictions have proven to be a formidable barrier for manufactured housing as we work to provide more people with affordable housing options. This is in stark contrast to the traction we've gained over the last few years, moving away from the “Not In My Backyard” (NIMBY) attitude of the early 2000’s to the “Yes In My Backyard” (YIMBY) legislation working its way through appropriate legal channels starting in 2020. Before we head to DC for the Innovative Housing Showcase next week, we wanted to help get everyone up-to-speed with the work the current administration is doing related to affordable housing and zoning regulations. As we see cities moving toward a wider acceptance of duplexes, triplexes and quadplexes on lots previously restricted to “single-family housing,” we’re also seeing a rise in manufactured housing being discussed as a solution to general affordability in urban areas. This article below breaks down the details of how manufactured housing can match demand for affordable housing with a supply that’s reliable, efficient and ready to go. #2024innovativehousingshowcase #affordablehousing #manufacturedhousing

Very specific tips on building affordable housing for Gen Z !!

Planning for what the City / Region will look like in the next 30 years (est. pop 700,000) to 50 years (est. pop 1,000,000) is a challenging job. There are multiple opinions and equally as many variations on the interpretations of the projected numbers. I agree that intensification in and around our main urban centers is one option. We are already seeing significant growth in medium density multi-unit construction in and around Christchurch and this is a reflection of a combination of factors: Affordability, Convenience (access to services) and the changing Demographic Profile of household occupancy. A lot of the debate (around PC14) is both around general intensification (MDRS), but also around increasing height restrictions to allow the construction of taller buildings. Although there is currently limited demand for residential living taller than 4 stories (even in the Central City), this will change over time. What we can't discount (as part of our growth strategy), is the ongoing demand for suburban living. Single story, individual, stand alone family houses with a backyard. Tools like NPS UD and the Greater Christchurch Spatial Plan have looked to restrict / stop greenfield subdivision development, with the intention of forcing intensification within our main urban centres. A good urban development plan needs to consider multiple options to suit its residents. I accept the challenges associated with continued urban expansion (sprawl), but do not accept that medium and high density living is the only option for Canterbury.

What happens when you build missing middle housing? Check out this Indy suburbs first townhomes while building a community. The number of townhomes is limited compared to the apartments but they are creating a community not a subdivision with selective commercial space. Even current residents are moving there showing the need for more of this type of housing. Could this type of development be in your communities future?

Thank you for sharing, Simon Ha, AIA, LEED AP! This is a fantastic project produced and delivered by private market financing. The affordable housing system desperately needs more of this as we cannot depend solely on the LIHTC to meet our affordability crisis. Matthew Haas has a point that these are unicorn deals (today), but with some level of guidance, the private market could consistently deliver this type of product without the need for a front-end subsidy. Underwriting the time-limited nature of the master lease is challenging, though not entirely impossible. The main concern is how the agency and developer can compassionately handle a worst-case scenario. There is a possibility that the funding may run out or not get renewed, which would shift the entire risk to the private sector. If the worst-case scenario occurs, who is responsible for finding new tenants for the building? The private developer is likely responsible for this. Additionally, who will manage the mass relocations? This situation could drain the developer's operating reserves if they cannot handle the handoff effectively, leading to bankruptcy or insolvency if they are subject to legal action. In either case, less housing would be available. . . . #CREdiversity #commercialrealestate #realestate #empowerment #money #investing #finance #realestate #realestatefinance #development #realestatedevelopment #network #wealthbuilding #businesscapital #diversity #affordablehousing #affordablehomes #communitydevelopment