Affordable Housing Institute : US

If you do something innovative, you should win an award, no? 

I’d like to thank the Academy for creating awards so I can win one!
 
Henry Hudson Townhouses, the property so badly built it had to go somewhere to die, has been reborn as Village Green Apartments, and is up for Best Preservation of the Year […]

[Continued from the previous Part 1 and Part 2.]
 
Two days ago we introduced Builders Of Hope in Raleigh, North Carolina, which (as profiled in the Wall Street Journal) lifts up solid but economically obsolescent houses from their ample and now-too-valuable sites, and relocates them elsewhere on smaller, less valuable sites, along the way converting what […]

[Continued from yesterday’s Part 1.]
 
Yesterday’s post introduced us to Builders Of Hope in Raleigh, North Carolina, whose executive director Nancy Murray and operating director Lew Schulman have invented a whizzo business model for what I have dubbed ‘hermit crab housing.’  As profiled in the Wall Street Journal, the program uproots good but economically obsolete houses from […]

What do you call the invention of something so clever you immediately say, “Why didn’t I think of that?”
 

Why didn’t I think of that?
 
That’s what struck me upon receiving an email from Nancy Murray, executive director of Builders Of Hope in Raleigh, North Carolina, and a subsequent phone call with Lew Schulman, its Director […]

Pendulums swing back, don’t they?
 

Where do interest rates figure in the equations?
 
In 2006 the US homeownership rate was up to 68.8%, a two-and-a-half percentage hike from the rate only eight years earlier, before subprime and adjustable rate financing zoomed into the marketplace, when the US homeownership rate was 66.3%.  Nor was that the crest; at […]