WASHINGTON, Nov. 2, 2023 /PRNewswire/ -- New on HUD User, the Fall 2023 issue of Evidence Matters: Transforming Knowledge into Housing and Community Development Policy introduces another approach for increasing housing supply ? converting underutilized office buildings into residential spaces, particularly in areas with high housing demand and proximity to job centers. Office-to-residential conversions not only address housing shortages but also revitalize downtown areas affected by COVID-related office vacancies. This issue highlights successful examples, such as Chicago's LaSalle Reimagined initiative and Pittsburgh's Downtown Conversion Program, that encourage conversions focusing on affordable housing. Additionally, it presents case studies from Baltimore and Kansas City that explore the financing aspects of such conversions, emphasizing the importance of partnerships between local developers and governments in these efforts.
Highlights:
Read or download the full issue and subscribe to Evidence Matters here on HUD User.
Media Contact:
HUD User
8002452691
[email protected]
SOURCE HUD User
These press releases may also interest you
|