Abstract

Affordable housing stock has diminished as communities face often-conflicting contexts of rising costs and rapid gentrification, and deteriorating housing quality and challenging neighborhood conditions. Research has focused on the loss of subsidized housing, typically in gentrifying neighborhoods. Yet efforts to prevent the loss of affordable housing encompass the broader range of conditions faced across cities. Cities with declining markets may lose units because of a lack of investment in maintenance and/or oversight of conditions Market-affordable housing represents more than three times the number of units of subsidized stock. In this article, we examine the cases of Chicago, Illinois, Washington, DC, and Austin, Texas, to better understand the role of local markets, community conditions, and governance structures in framing the need and developing plans and policies for preservation. We find that preservation policies must be nested within the local context to be effective, responsive, and efficient. Success requires the collaboration of multiple city- and state-level agencies, and must be based on local knowledge and understanding of the market and community at multiple scales. Moreover, through the development of local sources of data and funding, local organizations and agencies shape the mechanisms, focus, and scale of the policies developed.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.