Harvard Affordable Housing Symposium Presented by Nathan - - PowerPoint PPT Presentation

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Harvard Affordable Housing Symposium Presented by Nathan - - PowerPoint PPT Presentation

Harvard Affordable Housing Symposium Presented by Nathan Pennington, CFM Planning Director Nationwide Search The Nations Housing Affordability Challenge New and used home sales affordable to a family 57% earning median income Affordable


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Presented by

Harvard Affordable Housing Symposium

Nathan Pennington, CFM Planning Director

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Nationwide Search

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2012

New and used home sales affordable to a family earning median income

78%

Affordable

57%

Affordable

The Nation’s Housing Affordability Challenge

In 2015 an estimated 1 million new households were created, but only 620,000 new homes were built

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6 MUNICIPALITIES

Buncombe Chosen

A tourist and gateway community with a number

  • f visitors and people with second homes. It can be hard for

service industry and year-round low to moderate income families to find stable, affordable housing.

Housing affordability is a strategic priority:

  • Established an Affordable Housing Services Program
  • Modified zoning to reduce setbacks and minimum lot sizes
  • Created a Community Oriented Development program to

increase density for affordable or workforce projects

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Harvard Symposium

https://www.jchs.harvard.edu/calendar/housing-and-innovation-lessons-ivory-prize

CHALLENGES ACROSS THE COUNTRY:

  • Stringent land-use regulations
  • High construction costs
  • Shortage of skilled laborers

CONFERENCE FOCUS:

  • Increase awareness of innovations in housing
  • Spur connections and conversation to advance new,

innovative approaches

  • Ambitious, feasible, and scalable ideas