Over the past decade, the challenges middle-class American households face in finding rental and for-sale housing they can afford have increased dramatically. Recent work to address the problem tells us that no “silver bullet” solution exists. Rather, all parties involved in facilitating the delivery and preservation of housing diversity need to find ways to help chip away at the obstacles to housing attainability. The program is organized as four discussions of ways in which practitioners from a broad variety of backgrounds are trying to alter the dynamics that make housing unattainable. The discussions will include:
– Public/Regulatory: What can cities and local governments do to help preserve attainable housing and facilitate development of new housing oriented to middle-class households?
– Technology: The technology used to deliver new (and more moderately priced) housing and the efficiency of delivery have not changed in many decades. Do new approaches present an opportunity to move the needle on the cost of construction?
– Product/Program: A new generation of bold builder/developers is pioneering new product in urban and suburban locations. Has a solution been found for the “missing middle”?
– Finance: Can new or potential lending programs reduce the cost of development and ownership to ease the financial burden on the buyer or renter? What might mission-driven funders do to create housing finance equity without also creating unsustainable risk?