Abstract

The environmental, economic and social challenges re-launched in the European Union Agendas (e.g., Horizon 2020 and Europe 2020–2030) have recently returned to being highly debated. In particular, policies and interventions in the field of social housing (SH) are still remaining crucial issues for urban regeneration. These interventions are aimed to combine sustainability criteria with architectural, urban and environmental quality. In this context, our goal in this article is to provide an innovative perspective on the topic highlighting the positive returns enabled by the logic of the social impact approach (SIA). A pilot project is proposed to be performed in the VI arrondissement of Paris. Starting from the French regulatory context and the requirements set by the “Paris Affordable Housing Challenge” competition, the levers of social finance for new social demands and the levers of incentives are applied to a real case. The research results show that the application of the emerging principles of social impact investing (SII) in areas difficult to access in the private market had positive returns. The final aim of the article is to outline guidelines that consider the quality, management and generation of the social impact requirements highlighted in the proposal to facilitate the application of the SIA to other interventions and contexts.

Highlights

  • IntroductionSocial housing (SH) is a phenomenon that is currently attracting increasing attention in different European contexts

  • Objectives, Research Questions and Expected ResultsSocial housing (SH) is a phenomenon that is currently attracting increasing attention in different European contexts

  • The innovative perspective starts from a case study to test the assumptions and outline the theoretical–practical implications for the following elements: (1) a re-reading of the “traditional” sustainability elements related to social housing (SH) policies that is in terms of “subsidiarity” and the responsibility of private operators who compete with public entities in the identification of targeted policies; (2) the application perspective starts from the design components and puts, at the centre of the reasoning, the project brief phase that becomes one of the elements to build sustainability and management models from the point of view of conductors/users; and (3) the subject is suitable for the ongoing reasoning in this phase of the Covid-19 emergency

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Summary

Introduction

Social housing (SH) is a phenomenon that is currently attracting increasing attention in different European contexts. The innovative perspective starts from a case study to test the assumptions and outline the theoretical–practical implications for the following elements: (1) a re-reading of the “traditional” sustainability elements related to SH policies that is in terms of “subsidiarity” and the responsibility of private operators who compete with public entities in the identification of targeted policies (for example, incentive and tax relief policies); (2) the application perspective starts from the design components and puts, at the centre of the reasoning, the project brief phase that becomes one of the elements to build sustainability and management models from the point of view of conductors/users; and (3) the subject is suitable for the ongoing reasoning in this phase of the Covid-19 emergency In this context, we provide an innovative perspective on the topic presenting a project proposal to be performed in one of the less accessible estates of the world, such as Paris. Guidelines that consider the quality, management and generation of social impacts requirements highlighted in the proposal are outlined to facilitate the application of the SIA to other interventions and contexts

Conceptual Background of the Social Impact Approach and Research Question
Applications
Applications in French Context
The Social Housing Policies in France and in Paris
Focus on the Paris Affordable Housing Challenge Competition
Introduction to the Case
A proposal for Guidelines
Findings
Conclusions and Future Steps
Full Text
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