“Low income should not be confused with low quality,” Kevin says. “These homes are very well built.” He says he likes working with the families, and enjoys the everchanging work as the houses progress. “It was exciting to see the walls go up, the roofs go on, then the windows and now thefamilies are installing kitchen cabinets and flooring.”
At Factory OS, apartment complexes are constructed room by room. Modular units are moved along on an assembly line: floors, dry wall, windows, then electrical, counters, and so on. When the units are completed, they are trucked to the construction site, and assembled like legos.
Habitat for Humanity selected Stringfield’s home as its first 3D-printed project. Initiated between a partnership with Alquist, a 3D-printing construction company, it is the organization’s effort to confront the nation’s affordable housing crisis, which increased due to multiple factors including the heightened costs of materials during the pandemic and a booming demand on the housing market
The $20 million will support improved infrastructures like biking, lighting and the widening of Maple Alley which will eventually tie into the River Walk along the San Lorenzo River. And will provide the groundwork for two major affordable housing projects on Lower Pacific Avenue.
In Austin: Chronicles Of Becoming One of the Least Affordable Cities in the US—with Soaring Costs of Housing
“We knew it was coming,” said Francisco Nuñez, who for nearly two decades lived at the Cactus Rose Mobile Home Park until it was sold to a developer to make way for amenity-rich apartments that now fetch more than double what he once paid in rent.
Our purchase was made possible by a generous donation to OTSH from Jim and Stephanie Gamble. “It is essential that local families and organizations support the preservation of existing housing and the building new homes for our workforce,” said Jim Gamble. “We are happy to invest in OTSH’s project to help grow the well-being of our community.”
Cooperative housing — which can offer a less expensive avenue to home ownership — has been a model used to help combat displacement and gentrification in other cities nationwide. When residents buy a co-op unit, they purchase a share of the entire property equal to all other neighbors within the building. They develop ownership equity and manage the building together.
“Unless you’re making a lot of money right now you can’t afford a house in this country,” Senator Jon Tester said at a recent hearing. He represents the state of Montana where now home prices and rents have been rising dramatically too. We’ve got businesses that can’t expand because there’s no workforce housing,” Tester continued. “There’s no housing for people who make regular wages ok?”
Hottest housing market? It’s not New York, San Francisco or LA. Sacramento has topped the list of the least affordable new home markets in the country. Sacramento’s median new construction home price is $650,000
More than 20 years after the Sept. 11 attacks, a 900-foot apartment tower could soon rise at the World Trade Center site. The 80-story project at 130 Liberty Street, would include 1,200 apartments — of which 25 percent, or 300 units, would be permanently rented at below-market value — as well as office, retail and community space. A team led by the developers Brookfield Properties and Silverstein Properties could begin construction in 2023, if approvals are met.