Walker & Dunlop’s Post

Thank you to Holos Communities for a wonderful panel last night, discussing affordable housing in Los Angeles and the often intractable, intersecting issues that prevent us from really making headway in the homelessness crisis. I enjoyed hearing from non profit The People Concern, developer GenesisLA, and Pacoima Beautiful, who spoke about their experiences navigating the systems that cause and exacerbate the dearth of affordable housing in the city. My major takeaways? – On average, it costs $600 – $700K to build a one bedroom apartment in this city – 70% of the city is zoned for single family housing, meaning there is only a scant 30% left to build denser multi family homes or apartment complexes. Anything over 6 floors is an additional challenge. – There is a lingering “romance of low density neighborhoods” in LA that fosters NIMBYism and a reluctance to invest in dense, community-rich development. (Quoting Holos Communities' Executive Director, Cristian Ahumada) Challenges to be sure, but I also left feeling hopeful that companies like Holos and its partners can build a different vision for the future that is more sustainable, just, and equitable.

We’re about people…

Big news in Boston Real Estate- Dorchester's St. Mary's Center is set to receive a new affordable housing facility. With 40 units up for grabs, this is a promising model combining low-income housing, community, and commerce. But it does spark questions. Are we doing enough to provide a pathway from homelessness to home ownership in our developments? Consider this: 11 out of the 40 units in this project are reserved for families transitioning from homelessness. That’s a sight for sore eyes. But can we do more? Safe, affordable housing is pivotal for community growth, and this project amplifies the role real estate plays in changing lives. Now, reflect on your property portfolio- how does it support families in need? How can you integrate affordability into your real estate strategy without compromising growth? How can your projects foster community cohesion? If these questions leave you scratching your head, it might be time for a chat. Drop me a line- let’s explore ways to make Boston Real Estate accessible for everyone without compromising your business growth. Because in our concrete jungles, there’s room for everyone to thrive if we pave the way. #BostonRealEstate #Boston #BostonRealtor #TurcoGroup #eXpRealty #BostonCondo #BostonHome #MovemetoBoston

Empower Missouri has been working to deeply listen to and understand not just the struggles and imminent needs of tenants, unhoused and housing insecure individuals, but also their vision for the future. We are clear that investment in the leadership of those most impacted by the housing crisis is of the highest priority, and that's why we're launching the Housing Justice Fellowship, in partnership with Springfield Tenants Unite. Read more about how and why we're investing in the leadership and skills of impacted community members in our Weekly Perspective: https://lnkd.in/g_a3NQJc

Strong #HAMILTON #mayorpowers:Leadership is about working with others.Although we appreciate the #mayor’s intent as one of genuine concern for our housing crisis,we all know that the road to hell is paved with good intentions,writes #HamiltonCouncillors #BradClark & #TedMcMeekin https://lnkd.in/gaSJ86k4

Construction begins on Harrington Heights, a 270-Unit Affordable Housing Project in East Village. We've officially broken ground and are ready to go! Developed by Chelsea Investment Corporation near the intersection of Broadway and 13th Street, Harrington Heights will remain affordable for 55 years for households with income up to 50% of the Area Median Income. Some units will serve San Diegans with lower incomes, including individuals earning about $24,000 a year or less, according to the SDHC. “As mayor, I’ve been working to make needed game-changing reforms to our city policies to increase the amount of housing that San Diegans can afford,” Mayor Todd Gloria said in a statement read at the groundbreaking. “In partnership, it’s the home builders who put hammer to nail and do the work on the ground to create the homes that bring stability to people’s lives.” SDHC awarded 115 rental housing vouchers to help Harrington Heights residents pay their rent. Of those, 75 will assist people experiencing homelessness, including 10 set aside specifically for veterans experiencing homelessness. (source: Times of San Diego) #affordablehousing #sandiego #builder #BuildingAtTheHighestLevel

New blog is up! 📣 Have you ever wondered how HomeAid is building a future without homelessness? Our latest blog dives deep into our longstanding partnership with the National Association of Home Builders (NAHB) and how it's making a significant impact. 🤝 Since our inception in 1989, HomeAid has been working hand in hand with NAHB, one of the most influential trade associations in the U.S., representing the home building industry. National Association of Home Builders is dedicated to promoting and protecting the interests of builders, developers, remodelers, and housing professionals. Together, we've achieved incredible milestones! Recently, our team attended the NAHB's Association Management Conference in Cincinnati, Ohio, to strengthen ties and expand HomeAid's mission awareness. This collaboration isn't just about building homes; it's about building a better future for everyone. 🏡💚 Read the full story at the link below. Let's keep building a brighter tomorrow! 🌟🏘️ Click here to read the full article: https://bit.ly/3ZzQJ5n #HomeAidImpact #Partnerships #EndHomelessness #BuildingForChange

Planning for the future…

Stef & Philips partnered with the owners of Independence Court to create this much-needed group of homes for families and single people in London. The properties, based in the West Croydon area of South London, consist of 162 mixed units (apartments and HMOs), finished to our high specification with each unit benefiting from: Ensuite bathroom 🚿 Bed and wardrobe 🛏️ Window coverings 🪟 Kitchenette with white goods including a washing machine (which is amazing for providing independent living) 🗑️ WIFI 📶 24 hour staff on site 🧔🏽♂️👩🏽🦳 Central city location 🏙️ Large well-equipped communal kitchen 🍳 Entrance hall with postal boxes 📮 Access ramp to the building 👨🏽🦯 The units were ready for occupation by mid-August and were *completely full* by early September. It delights us to know that 162 individuals and families are now living in safe, high quality housing, but saddened to know that according to the National Housing Federation there are currently 8.5 million people struggling with housing issues across the UK - with a variety of issues including overcrowding, unsuitable accommodation and homelessness. This number worryingly includes almost 2 million children living in housing with some form of housing need. So help us applaud the wonderful social impact investors who, like the owners of Independence Court, help make a difference to people's lives #everysingleday. Take a look at this video and see for yourself how we are supporting families to live better lives at Independence Court. If you are a landlord or investor interested in making an impact through investment in social housing, or searching for the best full service management partner to take on your existing properties, please get in touch. https://lnkd.in/eBF_uJ62 Who says #socialhousing can't be #supersocialhousing? #impactinvesting #stefphilips #socialhousinginvesting #affordablehousing

Did you know that the Phius Passive Building Standard has targets specific to the tiny home typology that are actually more practical and achievable than the other typologies? I understand there are significant incentives to meet Phius Passive Building Standards in CO...might want to to give this a try 🖕 #phius #tinyhome #phiuscon #passivebuilding #zeroenergy #zerocarbon #climateaction #resilience