Allen Féliz’s Post

Homebuyers demand more than just a well-built house; they seek a high-quality environment throughout their entire community. 🙌🙌    Resident management companies (RMCs) are well-positioned to meet these expectations by providing tailored services, enhanced maintenance, and greater resident control and influence.     Compared to council adoption maintenance models, RMCs offer flexibility, improved communication, and potentially higher property values through better and more consistent management of communal areas.    Read more here: https://lnkd.in/d-Jp94RT   #EstateManagement #ResidentManagementCompanies 

How can the Housing Supply Accelerator Playbook help communities move from awareness to meaningful action on increasing housing opportunities? Read our latest blog post on this new customizable resource and how local and state REALTOR® associations' efforts helped inform it. #HomeownershipMonth

Twin Cities Housing Alliance agrees with Jay Parsons and National Multifamily Housing Council President Sharon Wilson Geno's insightful analysis of President Biden's national rent cap proposal. These issues resonate locally in the Minneapolis/St. Paul area and highlights the challenges and negative externalities of rent control and other policies that impact housing supply. Read TCHA's Executive Director's comments on the importance of focusing on housing affordability and increasing supply, and while the intent behind rent control may seem beneficial, the practical outcomes are often counterproductive: https://lnkd.in/gxfzuYBE

What if we all got more clear about what we are talking about when we talk about affordable housing?

Stewards of Affordable Housing for the Future (SAHF) members have made deep commitments to housing stability and are focused on new approaches to supporting residents -- creating stronger communications tools and processes, re-imagining staffing models, and leveraging data to proactively support greater resident stability. At the same time, mission-driven housing providers are facing a perfect storm of unpaid rent, huge increases in insurance costs, higher staffing costs, and increased operating expenses that threaten the physical and financial sustainability of affordable, quality rental homes. A recent survey highlights these challenges. Check out SAHF's latest blog for the results and ideas on what we can do next. https://lnkd.in/eVAwDjta

New Hampshire Housing's 2024 Multifamily Housing Conference panelists say state must step up, and small communities must also get on board, to close the housing gap. Speakers at the conference stressed that changing policy, educating communities – both residents and local board members – as well as bold moves by the legislature are necessary to turn things around. https://hubs.ly/Q02B4DCX0 #NHHousing #TheHousingWeNeed #AffordableHousing

In this episode, I interview Sam Stout and David Diaper who are homeowners of the Secure Home programme in Queenstown, as well as Corina Sommerville who is a staff member with the programme. I really like this program is because keeps housing affordable for generations into the future. Secure Home is an assisted ownership program created by the Queenstown Lakes, Community Housing Trust.  Designed as a stepping stone to independent home ownership, this program provides people the chance to purchase a quality and secure tenure home at an affordable price. The model works by separating the land from the improvements. So, a household only needs to purchase the house, whilst the trust owns the land. The programme was launched by QLCHT in 2019 and is now being offered by other community housing trusts around Aotearoa. (quote from Julie Scott) Rather than being seen by programme homeowners as a loss (not being able to sell it at windfall profits on the open market), they see it as a legacy.  As David says in the interview, “It's quite reassuring. I find it quite satisfying to think that when we're at a point where we  want to move on somewhere else or not within the needs of the housing trust, that it will go on to be beneficial to another family that need it. That's, actually hugely satisfying to us--that it's always going to remain as an awesome asset for other families that struggle to access housing in this area.” Photo details: Family pictured is not Sam and David.  They are another family in the Secure Home programme, Kenny and Carrie Vaugh.  Photo courtesy of Run in the Shadows.  On the left, Corina Sommerville and on the right, Zola Rose   Other news & info: Common Ground supports local government to enable democratic local decision-making and action by, and on behalf of, communities and to promote the social, economic, environmental, and cultural well-being of communities (Local Government Act 2002) particularly as it relates to community-led housing, neighbourhoods, and human settlements. See this webpage for more information: https://lnkd.in/gqNbSBWg   The Cooperative Living network in Nelson-Tasman is holding workshops and networking events for those interested in the idea of some sort of cooperative living/intentional community arrangement. I hold a Regenerative and Tiny Home Community Mastermind online for people who are leading such projects anywhere in the country, every two months.   For more details and to register for either/both projects, go to: https://lnkd.in/gTRz857M   There is a national Housing Survey to gather data on how people are currently living and the factors that affect those living arrangements as well as what people aspire to if they had more choice and support.  This survey is the first of its kind in Aotearoa to gather data on collective housing (co-housing, co-living, papakāinga, cooperative housing, ecovillage) as a housing choice.   We'll be hosting Gr

This is an excellent article by Priya Jayachandran and Jim Gray, outlining the challenges mission-driven affordable housing operators of all sizes are facing nationwide. Significant jumps in the cost of labor, skyrocketing insurance premiums, increased expenses for repairs and services, coupled with low rental incomes--means bad news for both landlords, low-income residents, and communities that need quality, affordable housing. As the authors note, policymakers and financiers must take action. Effective and timely solutions are needed, or we risk losing critical homes from our already declining affordable housing supply.

Not being discussed enough: “While renters clearly suffer most from the lack of affordable housing, the crisis has taken a toll on property owners too. The pandemic hangover, which has left many tenants straining to make rent, translates to lower rent collections, and in turn less cash flow, for owners. Rising operating costs add to the pressure. Insurance premiums are up 27.7% in the year ending January 2024 and 129% since 2018, according to Yardi. Labor costs for property management have increased nearly 50% in some markets, and security needs and costs have risen, too. At many affordable housing properties, expenses exceed revenues and owners are now forced to feed budgets to cover costs…” see repost for full article #affordablehousing #cityofeugene City of Eugene Lane County Government Homes for Good #propertyowners #lanecounty Kimberly Taylor (KT) Housing Development Center Oregon Housing & Community Services (OHCS)

Our partner, Affordable Upstate, is impacting the housing crisis. Thank you to Kennedi Harris with FOX Carolina News for covering their innovative and important work. Mario E. Brown featured the tools described by Matt Foster from Naturally Occurring Affordable Housing Property Management or NOAH that are designed to help support tenants in May at the "Connect and Collaborate" event https://lnkd.in/enXhuwVg. We also thank Affordable Upstate and NOAH for being participants in the work on solutions for evictions in Greenville County, SC. ICYMI - NOAH provides: Flex Pay: This program allows residents to split their rent into two equal payments due on the 1st and 15th of each month, helping them avoid late fees and manage their finances. Deposit Alternative: NOAH’s Deposit Alternative program alleviates this strain by offering residents the option to skip traditional deposits. Positive Credit Reporting: Positive Credit Reporting, all on-time rental payments are reported to credit bureaus, aiding residents in establishing and improving their credit history. Rent Relief: 0% interest rental loans of up to $5,000, providing residents with a lifeline during short-term income loss and helping to reduce delinquencies and avoid costly evictions. Home Purchase Incentive: Through the Home Purchase Incentive program, residents can connect with licensed real estate agents and receive a $500 bonus when they purchase a home, making the dream of homeownership more attainable. https://lnkd.in/eUwurG_J #gvlhomes4all #greenvillesc #ignitechange #connectedcommunity #housingishealth