American architects Munkenbeck and Marshall redefine affordable and shared-ownership living in London with what looks like a super-luxury development.
"How on earth does anyone get on the housing ladder in London these days - particularly the people we need to have living among us such as doctors, nurses, teachers? You can find one very elegant answer to this conundrum near Old Street on the City/Hoxton fringes. There, the highly-regarded Peabody Trust has built an exemplary apartment complex aimed at -- well, everyone, really.
...Nile Street contains 175 homes, of which 128 count as "affordable".
...You buy a 35 per cent share of a flat valued at £193,000. Your mortgage payment on that portion is £430 a month, while your rent and service charge on the remaining 65 per cent is £360: so total monthly outgoings are £790. Usually a couple buys into a flat in this way, dividing the costs between them. The bottom line is that -- if you have no savings -- a couple needs a joint income of £35,600 in order to buy into a shared ownership flat of this kind."
FULL STORY: Social housing gets stylish: Anglo-American architects Munkenbeck and Marshall redefine London living.

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.

From Planning to Action: How LA County Is Rethinking Climate Resilience
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New Mexico Aging Department Commits to Helping Seniors Age ‘In Place’ and ‘Autonomously’ in New Draft Plan
As New Mexico’s population of seniors continues to grow, the state’s aging department is proposing expanded initiatives to help seniors maintain their autonomy while also supporting family caregivers.

USDOT Waters Down Self-Driving Car Regulations
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