Budding developers can access funding and low-cost vacant lots for affordable housing construction.
A symposium organized by the Omaha Municipal Land Bank and the nonprofit Spark brought together local developers interested in developing infill properties, reports Cindy Gonzales in the Nebraska Examiner.
The symposium also connected emerging developers, bankers, architects, and others interested in housing development. According to Land Bank executive director Leslie Smith, encouraging infill development could have community benefits beyond just new housing, raising local property values. One such project, ‘Curtis Corner,’ built nine new homes on a formerly vacant lot in North Omaha.
The city recently sold 50 properties for as low as $1 with one catch: the new owners have a deadline to develop housing on the lots. “And as long as the homes are restricted for the designated income-qualified population, the buyer can access gap funding from nonprofit sources such as the local Spark Capital program to bridge the cost between construction and sale price.” The Land Bank is using a $1.25 million state grant to clean up and prepare 20 or more lots for building.
FULL STORY: Unprecedented moves seek to ramp up affordable housing options in Omaha
San Diego School District Could Accelerate Workforce Housing Program
A proposal to build housing on five district-owned properties could yield 1,000 housing units for low- and moderate-income district employees.
Oregon Cities Debate Expanding Boundaries
A recent bill allows cities to apply for a one-time expansion to Oregon’s historic urban growth boundaries, which limit development at the edges of cities.
Colorado Cities Seek to Address Housing Crisis With Modular Housing, STR Rules
Cities are incentivizing more affordable housing types and limiting permits for short-term rentals in an effort to keep housing affordable for residents.
Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.
Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.
From Throughway to Public Space: Taking Back the American Street
How the Covid-19 pandemic taught us new ways to reclaim city streets from cars.
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