Increasing Affordable Housing Supply: A Primer of Strategies to Implement

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Join us for an insightful and comprehensive seminar dedicated to empowering state and local government officials, as well as community advocates, in their pursuit of affordable housing solutions. The Increasing the Supply of New Affordable Housing event is designed to equip participants with the knowledge and resources necessary to address the critical issue of affordable housing shortage in their communities.

Event Highlights:

1. Introduction to Affordable Housing Strategies:

Explore key strategies aimed at expanding the local supply of affordable housing. This section will provide a foundational understanding for attendees, enabling them to make informed decisions in addressing the affordability gap for low-income residents.

2. Strategy 1: Effective Use of Public Funds

Unlock the power of local government in shaping affordable housing production through the strategic utilization of public funds. This crucial strategy empowers local and state governments to navigate the competitive landscape of external funding, providing an overview of both fund generation and decision-making processes. By raising their own funds, governments gain direct influence over the local housing market, enabling them to strategically advance specific housing and community development goals.

3. Strategy 2: Effective Use of External Funds

Navigate the challenges of limited financial resources hindering affordable housing production by delving into the diverse landscape of funding streams and financing mechanisms available to housing developers. Establishing robust partnerships and actively shaping the local vision for affordable housing development are vital steps for maximizing the potential of available resources and attracting competitive funds from various stakeholders in the community.

4. Strategy 3: Land Use and Entitlement Policies

Addressing the challenges of identifying suitable land and navigating regulatory hurdles is pivotal in increasing affordable housing supply. Communities can achieve this by maximizing density, promoting affordability through modest home sizes, and streamlining the entitlement process, thus fostering significant housing quantities while mitigating urban sprawl and environmental impacts.

5. Strategy 4: Development of Public Property

Overcoming land selection challenges and regulatory barriers is essential for increasing affordable housing. Maximizing density, advocating for modest home sizes, and simplifying the entitlement process can effectively generate substantial housing while curbing urban sprawl and environmental impacts.

This event covers part of the Affordable Housing Supply Toolkit, a pair of HUD guidebooks designed to empower individuals and organizations interested in addressing affordable housing challenges. Don't miss this opportunity to gain valuable insights, network with experts, and contribute to the creation of more affordable, inclusive, and resilient communities. Register now and be a catalyst for positive change!

Date: Tuesday, April 23, 2024

Time: 1:00pm - 6:00pm

Registration begins at 12:30pm. Event begins promptly at 1:00pm

Location: Metro Tech Springlake Campus

Don't miss this opportunity to be part of a transformative event that aims to empower you in the pursuit of creating sustainable and affordable housing solutions. Register now to secure your spot!