Cost continues to be an obstacle to overcoming the affordable housing crisis, but another, longtime challenge persists: obtaining local support.
Every town and city in the country faces different challenges that make it difficult to create housing that’s affordable to all the different people who need it.
But to a surprising degree, the biggest challenge developers face in this arena isn’t necessarily the actual construction of such projects, but, rather, the building of another crucial element behind affordable housing: consensus. Developments that have the support of local political leaders and the people who live nearby can overcome the more traditional challenges associated with development, such as high costs and restrictions...................Read More
Shutterstock/Lorelyn Medina
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