A Technical Tool for Urban Upgrading: An Application for Cultural Heritage Preservation and Planning for Affordable Housing

Abstract

A technical tool to support projects for urban reforms and the implementation of current land policies is presented together with an example for its application in a project concerning the preservation of privately-owned residential buildings listed as “protected” cultural heritage (CH) constructions, urban planning and planning for affordable housing provision. The projects should be based on the voluntary participation of current property owners and an agreement signed between them and the private developer (team of professionals), so that the project will be self-financed through value capture measures to be decided by the state. The application presented here is based on the assumption that the state, by example, has set the rules for an increase in FAR in order to apply affordable housing policy and the preservation of listed CH residential private constructions. The state also provides the rules for identifying the target group of beneficiaries for affordable housing. Current property owners contribute the land, while the developer’s team undertakes all project costs. New property units are shared accordingly with the developer, the current owners and the beneficiaries for affordable housing. No additional public funds for the “affordable housing” units or for expropriation of the protected CH buildings is required.