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Affordable Housing Handbook
The handbook represents an effort by New Jersey to develop a strategy for promoting the increased production of affordable housing. It emphasizes construction cost factors in housing delivery, as well as attitudinal constraints to the development of more affordable housing, negative attitudes being often founded on the belief that such housing would alter the community's existing character. Local housing coalitions should be formed to address the affordability issue; they should include builders and building trade unions, bank representatives, local officials, and concerned citizens. They should advocate strategies to reduce land costs, including landbanking, conditional or incentive zoning, rehabilitation or reuse of land, leased land, and eminent domain or condemnation. Mechanisms that contribute to a reduction in land improvement costs involve clustering and planned unit development, improvement bonds, and direct public payments. Construction costs can be reduced by building smaller, simpler units (mobile homes, modular housing, prefab homes); building faster through new building technologies (optimum value engineering); and considering reuse or higher use of existing structures (home conversion, adaptive reuse). The cost of financing a home can be reduced through downpayment assistance, mortgage insurance, interest reduction, and lease - purchase options. Tables, a few photographs, and about 24 references are supplied.
Affordable Housing Handbook
The handbook represents an effort by New Jersey to develop a strategy for promoting the increased production of affordable housing. It emphasizes construction cost factors in housing delivery, as well as attitudinal constraints to the development of more affordable housing, negative attitudes being often founded on the belief that such housing would alter the community's existing character. Local housing coalitions should be formed to address the affordability issue; they should include builders and building trade unions, bank representatives, local officials, and concerned citizens. They should advocate strategies to reduce land costs, including landbanking, conditional or incentive zoning, rehabilitation or reuse of land, leased land, and eminent domain or condemnation. Mechanisms that contribute to a reduction in land improvement costs involve clustering and planned unit development, improvement bonds, and direct public payments. Construction costs can be reduced by building smaller, simpler units (mobile homes, modular housing, prefab homes); building faster through new building technologies (optimum value engineering); and considering reuse or higher use of existing structures (home conversion, adaptive reuse). The cost of financing a home can be reduced through downpayment assistance, mortgage insurance, interest reduction, and lease - purchase options. Tables, a few photographs, and about 24 references are supplied.
Affordable Housing Handbook
1982
76 pages
Report
Keine Angabe
Englisch
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