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 … [Read more...] about This company converts old hotels into affordable housing
Affordable Housing
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 … [Read more...] about Lisbon to turn short-term rentals into affordable housing for key workers
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 … [Read more...] about Why this startup is giving renters a financial stake in their apartments
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 … [Read more...] about Affordable housing in South Bronx ranks high on sustainability
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 … [Read more...] about A group of US hospitals is set to invest $700 million into affordable housing