What if affordable housing development more fully reflected its nature as a beneficial community asset that is implemented through a proactive and forward thinking approach? The housing development process is largely reactive and focused on risk reduction, the protection of financial resources, and being acceptable to the public rather than being focused on long term benefit.
- Project selection: The Qualified Allocation Plan focuses on allocation not planning.
- Community engagement focuses on getting approval rather than partnering.
- Development budgeting focuses on 1st costs rather than lifecycle costs.
- Cheaper construction is encouraged rather than systems and materials with enhanced value.
- Design process seeks acceptability rather than appropriateness and innovation.
- Underwriting seeks to guard the resources rather than the effectively delivery of them.
- Construction bidding and delivery seeks competition rather than value.
Policy/Regulatory, Process, Finance, Hard Costs, Soft Costs
Download the Community Benefit submission