Can eTOD’s Holistic Approach Help Solve a City’s Affordable Housing Problem?

October 12, 2021 1:00 PM – 2:00 PM (GMT-06:00) Central Time McCormick Place West Building, W175 Concurrent Session
Open to All Attendees
Equitable Development Housing – Affordable and Workforce
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Like many global cities, Chicago has a robust public transportation system, making it a leading market for transit-oriented development (TOD) as real estate firms look to create vibrant, sustainable communities in which residents can live, work, and play. Yet, the popularity of the city’s TODs has also created disparity by marginalizing individuals who can no longer afford to live in these premier locales with easy access to transit systems. To bridge this gap, the Habitat Company—a full-service real estate company founded 50 years ago that is dedicated to affordable housing—is committed to bringing equity to TOD (eTOD) by incorporating affordable housing and mixed uses into its developments, including the city’s largest opportunity zone project. For Habitat, the idea of eTOD extends beyond the final product—it encompasses the parties with whom they partner, how the project is developed, and how residents are supported in their new homes. Habitat, along with an esteemed panel of its partners, will address how equity can be realized in TOD.