This company converts old hotels into affordable housing
As the tourists stay home due to the coronavirus, hotels across America are closing down. Fortunately, a company by the name of Repvblik is ensuring some of these hotels get a new lease on life. What the Los Angeles-based company does is convert empty commercial spaces into affordable housing Read More...
Lisbon to turn short-term rentals into affordable housing for key workers
Over the last couple of years, tourism in Lisbon has surged dramatically, leading to strong demand for Airbnb-style short-term rentals, which in turn has helped push prices up and local residents out. But, similarly to many other tourist hotspots around the world, the lockdown has drained the Read More...
Why this startup is giving renters a financial stake in their apartments
When someone rents an apartment in a new complex in Columbus, Ohio, they can now also get a financial stake in the building. The property is the first to partner with Rhove, a startup that wants to help shrink the wealth gap between renters and homeowners by offering “rentership,” an asset Read More...
Affordable housing in South Bronx ranks high on sustainability
The Melrose neighborhood of the South Bronx has recently added a residential building to its urban setting that stands out in more ways than one. Designed by NYC-based Curtis + Ginsberg Architects, the 15-stories-tall dwelling is an energy powerhouse and a new affordable housing community with Read More...
A group of US hospitals is set to invest $700 million into affordable housing
Health problems have a deeper root than just genetic defects or contact with germs and viruses. Often enough, they have to do with the greater problems that affect communities, such as low-access to healthy food or lack of affordable housing, which can exacerbate stress as people work longer hours Read More...
Apple pledges $2.5 billion to fight California’s affordable housing crisis
Amid California’s housing availability and affordability crisis, many community members, like teachers, firefighters, first responders and service workers, are struggling to find a roof over their heads, leaving them with no other choice but to live behind the community they have long called Read More...
Oregon is now leading the nation when it comes to affordable housing
When it comes to affordable housing, no state is tackling the issue as aggressively as Oregon. This past week, the Beaver State passed a law that will effectively enact a state-wide ban on single-family zoning, which has come under scrutiny as housing costs have soared and housing shortages have Read More...
This startup creates new affordable housing—without constructing new buildings
Affordable housing is expensive to build–and that means construction is happening far too slowly to meet demand. In Atlanta, a startup called PadSplit is adding new affordable units more quickly by reusing rooms in single-family homes instead. Rather than building new buildings, PadSplit works Read More...