It was a mix of life,” Angelini says. “We lose a lot when we lose that kind of diversity and begin to think that people who aren’t just like us aren’t really as worthwhile as we are. I think one of the ways to get through that is to enable people of diverse backgrounds to have opportunities to live in the same communities.”
http://www.housingfinance.com
AFFORDABLE HOUSING FINANCE
Milwaukee Development Serves Diverse Population
Greenwich Park provides affordable, supportive, and market-rate housing.
The 53-unit community has 36 affordable apartments, 14 permanent supportive housing units and 22 apartments that serve households earning no more than 60% of the area median income. The remaining 17 units are market-rate apartments. The affordable homes are identical to the market-rate units, and they’re distributed throughout the building.
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Renderings and report on joint development proposed at Exposition and Crenshaw boulevards
Under the proposal, 73 (or 15 percent) of the 492 residential units, will be affordable units for households earning 50 percent or less of the area median income.
The community-serving space is envisioned to include a grocery store and restaurant space targeted for locally-owned and operated businesses.
A business incubator-type space would be part of the development, as well as a mobility hub to provide bicycle and carshare connections for Metro riders.
The proposal also includes nearly three acres of public open space that will also host community events.
>> During the six-month period, Watt Companies will offer opportunities to the community to provide feedback on the proposed project. Watt will also seek out a community-based organization who can add additional local participation on their team.
Blogger Note: The Watt Companies proposal was found to be the most responsive to the community priorities and vision expressed in the Guidelines.
Some quick background: Metro Joint Development is a program in which Metro partners with private developers to build transit-oriented development on Metro-owned properties. These are often parcels of land that were used for transit line construction. The idea is to create transit-oriented communities (TOCs) that are more walkable and bikeable with easy access to transit. TOCs also aim to include high quality urban design and promote equity by providing a mix of uses that support housing at different income levels. To date, more than 2,000 residential units have been built as part of Metro joint developments.
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Filling a void in the cityscape based on Transit-Oriented Development
A look at the mixed-use redevelopment planned for Chicago’s former Harold Ickes Homes
The CHA’s board recently voted in favor of a multi-phase plan to redevelop the vacant South Side parcel
KTGY Unveils Homeless Housing Development Made of Shipping Containers
KTGY Architecture + Planning has shared an initial rendering of Hope on Alvarado, a four-story, 84-unit homeless housing development constructed primarily out of shipping containers in downtown Los Angeles, reports Leah Demirjian, senior associate editor of design at Builder magazine.
The firm attributes the project's accelerated construction time (it's slated to begin a six-month construction period in the first quarter of 2018) to the design's use of the shipping containers, which will be sourced locally in Los Angeles.
The developments in the city's Westlake District will be financed by LSA Capital in partnership with project sponsor Jerry Jacobs with Scott Baldridge and Leslie Weiss, working with the Foundation for Affordable Housing, and will be developed by Aedis Real Estate Group.
The firm attributes the project's accelerated construction time (it's slated to begin a six-month construction period in the first quarter of 2018) to the design's use of the shipping containers, which will be sourced locally in Los Angeles.
The developments in the city's Westlake District will be financed by LSA Capital in partnership with project sponsor Jerry Jacobs with Scott Baldridge and Leslie Weiss, working with the Foundation for Affordable Housing, and will be developed by Aedis Real Estate Group.
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