Raleigh to hire real estate firm to help build affordable housing

The city of Raleigh is searching for a real estate brokerage firm to help find sites for affordable housing. City officials want to use $12 million from an affordable housing bond Raleigh voters approved last year to buy land or existing buildings for housing. They are hoping to establish affordable housing near public transit on Western Boulevard, New Bern Avenue, South Saunders Street and Capital Boulevard. Currently, around 41% of renters and 16% of homeowners in Wake County are considered cost-burdened. That means 30% or more of their budget goes to housing, according to the North Carolina Housing Coalition.

WRAL-TV • October 27, 2021

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City aims to bring more affordable housing to Tampa through private developers

It's part of the Infill Housing Program. The program gives minority-owned developers vacants lots, at no cost, in Ybor City, East Tampa and Sulphur Springs. In exchange, the developers build affordable homes for the community. "It's a dream come true," Fullwood said. "To be able to do a traditional family home and to know that it's going to go to a family struggling that kind of gives you that superhero sensibility that you answered someone's prayer."

Bay News 9 • October 28, 2021

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What to do with all of Arkansas' wood? Create affordable mass timber housing

The housing prototypes developed through the Housing Innovation Center will help address the acute shortage of affordable housing throughout the state and will use wood sourced in Arkansas. Prototype development will focus on the innovative use of wood framing, cross-laminated timber (CLT) systems and structural lumber in order to demonstrate the sustainability and cost efficiency in labor and production of wood products.

Magnolia Reporter • October 21, 2021

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