New York demonstrates how pension funds can be a major source of financing for affordable housing.
For more than three decades, programs in New York have used public pension funds to help finance development or preservation of affordable housing. Earlier this year, two community development corporations issued bonds, with much of the investment coming from private pension funds and mutual funds, to finance affordable housing.
Considering the $27 trillion that is being invested on behalf of seniors, the potential nationwide to tie these investments to affordable housing is significant. Although public subsidy will still be required, and financial regulations currently limit some strategies, a number of entities are pursuing ways to leverage these dollars, according to an article by Oscar Perry Abello.
FULL STORY: There's a $27 Trillion Pot of Money to Tap for Affordable Housing
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
San Francisco Suspends Traffic Calming Amidst Record Deaths
Citing “a challenging fiscal landscape,” the city will cease the program on the heels of 42 traffic deaths, including 24 pedestrians.
Adaptive Reuse Will Create Housing in a Suburban Texas Strip Mall
A developer is reimagining a strip mall property as a mixed-use complex with housing and retail.
Study: Anti-Homelessness Laws Don’t Work
Research shows that punitive measures that criminalized unhoused people don’t help reduce homelessness.
In U.S., Urban Gondolas Face Uphill Battle
Cities in Latin America and Europe have embraced aerial transitways — AKA gondolas — as sustainable, convenient urban transport, especially in tricky geographies. American cities have yet to catch up.
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Heyer Gruel & Associates PA
JM Goldson LLC
Custer County Colorado
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont