Urban renewal

Andy Zeng appointed as Managing Director for Guangzhou; takes on new challenge on top of existing leadership role

Retrieved on: 
Tuesday, August 10, 2021
Urban renewal, NASDAQ, Industry, TSX, Economic development, Government, Ducati L-twin engine, Tourism, Guangdong-Hong Kong-Macau Greater Bay Area, General manager, CIGI

GUANGZHOU, China, Aug. 9, 2021 /PRNewswire/ -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has today announced the appointment of Andy Zeng as Managing Director | Guangzhou, effective immediately.

Key Points: 
  • GUANGZHOU, China, Aug. 9, 2021 /PRNewswire/ -- Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) has today announced the appointment of Andy Zeng as Managing Director | Guangzhou, effective immediately.
  • With his new appointment, Zeng is tasked with injecting new momentum into Colliers' business in Guangzhou and drive business growth through diversified market development strategies.
  • He will also focus on building a strong professional team of experts and invest in relationships to create enduring value for our clients.
  • As Zeng assumes his new role, he will continue to lead Cultural & Leisure Operations for China as General Manager, with a special focus on South China.

Capture Housing and Orchard & Shipman: Major Step Forward for the Affordable Housing Market

Retrieved on: 
Wednesday, July 28, 2021
Public housing, Urban renewal, Affordable housing, Articles, Economy, Distribution of wealth

SLOUGH, England, July 28, 2021 /PRNewswire/ -- A new scheme to boost the supply of affordable homes by one of the country's leading registered providers of social housing and an Isle of Wight based affordable housing providerwas finalised yesterday.

Key Points: 
  • SLOUGH, England, July 28, 2021 /PRNewswire/ -- A new scheme to boost the supply of affordable homes by one of the country's leading registered providers of social housing and an Isle of Wight based affordable housing providerwas finalised yesterday.
  • Buyers into the scheme can acquire between 60% and 75% of the 125 year lease of the property.
  • Orchard & Shipman Homes Ltd and Capture Housing have completed this scheme in Ryde providing 15 shared ownership flats and houses.Said Chris Shipman, Chairman of the Orchard & Shipman Group, "This is an important development for those trying to get on to the first rung of the housing ladder, the step that is so difficult for so many."
  • The Ryde scheme has been developed on behalf of Capture Housing by Captiva Homes and provides 15 properties in a mix of 2 and 3 bedroom homes with open market values ranging from 175,000 to 245,000.

Equity Scholar, Advocate Joins Gorman & Company to Lead Public Housing Redevelopment Efforts, Transform Communities

Retrieved on: 
Thursday, June 3, 2021
Residential Building & Real Estate, State, Local, Construction & Property, Public policy, Government, Urban planning, Public housing, Urban renewal, Affordable housing, Articles, Economy, Distribution of wealth

William Towns, Ph.D., a leading scholar and advocate for housing equity among underrepresented communities, has joined Gorman & Company, one of the nations leading affordable housing developers.

Key Points: 
  • William Towns, Ph.D., a leading scholar and advocate for housing equity among underrepresented communities, has joined Gorman & Company, one of the nations leading affordable housing developers.
  • Towns will lead Gormans partnership-building efforts with local public housing authorities to advance comprehensive revitalization and redevelopment strategies.
  • Towns joins Gorman & Company as National Market President for Community Revitalization and Public Housing.
  • His passion for working with underrepresented communities intensifies the companys focus on building social equity through housing and lends yet another perspective to the work in revitalizing public housing communities.

CARES Act Emergency Rental Assistance Program Funds Available Through DHA, Housing Solutions for North Texas

Retrieved on: 
Tuesday, June 1, 2021
Public policy, Government, Other Philanthropy, Construction & Property, White House, Federal Government, State, Local, Public policy, Philanthropy, Residential Building & Real Estate, Affordable housing, Public housing in the United States, United States Department of Housing and Urban Development, Regional science, Public housing, Urban renewal, Economic inequality, Section 8, DHA, Housing

DHA, Housing Solutions for North Texas (DHA) announced today that applications for Emergency Rental Assistance are now open at DallasRentRelief.com.

Key Points: 
  • DHA, Housing Solutions for North Texas (DHA) announced today that applications for Emergency Rental Assistance are now open at DallasRentRelief.com.
  • The City of Dallas COVID-19 Emergency Rental Assistance Program (ERAP) is funded by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act .
  • DHA, Housing Solutions for North Texas provides quality, affordable housing to low-income families and individuals through the effective and efficient administration of housing assistance programs.
  • DHA provides housing opportunities to ~55,000 people through public housing developments and Housing Choice Voucher (Section 8) programs.

Griffin Structures continues to serve public and private agencies with the development of affordable and transitional housing across the state

Retrieved on: 
Thursday, May 27, 2021
Public housing, Urban renewal, Affordable housing, Housing in the United States

As the need for supportive, transitional, and affordable housing continues to rise, the Griffin Structures team continues to assist non-profit organizations and local municipalities with addressing this ever-evolving issue.

Key Points: 
  • As the need for supportive, transitional, and affordable housing continues to rise, the Griffin Structures team continues to assist non-profit organizations and local municipalities with addressing this ever-evolving issue.
  • Whether by exploring the utilization of current properties, brokering for prospective real estate, or unlocking hidden potential for available public resources, Griffin Structures continues to provide leading management to deliver affordable, supportive, and transitional housing projects throughout the state.
  • Ongoing and recently completed projects include Temple View Affordable Housing, Shirley Chisolm Educator Housing, and the recently completed Jordan Downs Phase I for BRIDGE Housing.
  • The diverse and experienced team at Griffin Structures shares a long history of successful project delivery for virtually every project type.

Sodexo launches “La Passerelle” (The Bridge), a new economic model with a positive social impact, in priority neighborhoods

Retrieved on: 
Monday, May 10, 2021
Passerelle, Issy-les-Moulineaux, Sodexo, Urban renewal, Departments of France, Companies, Industry economics)

b'Issy-les-Moulineaux, May 10, 2021 - Today, Sodexo is announcing the launch of La Passerelle, a new economic model that seeks to have greater impact on employability, health through food and social cohesion in priority neighborhoods.

Key Points: 
  • b'Issy-les-Moulineaux, May 10, 2021 - Today, Sodexo is announcing the launch of La Passerelle, a new economic model that seeks to have greater impact on employability, health through food and social cohesion in priority neighborhoods.
  • The first La Passerelle center has been successful in the Quartiers Fertiles (Fertile Neighborhoods) call for projects competition led by the National Urban Renewal Agency.
  • This innovative model, designed to have a positive impact on the local community, specifically hopes to:\nWhat is La Passerelle?
  • It is a place dedicated to boosting the economy and social life of the local community.

AHF: Victory! 45 Below Market Units Included in Luxury Tower in Hollywood

Retrieved on: 
Thursday, March 11, 2021
Architecture, Philanthropy, Consumer, State, Local, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Foundation, Other Consumer, Urban planning, REIT, Public policy, Government, Affordable housing, Central Los Angeles, Urban renewal, California culture, Hollywood, Gentrification, Urban planning, California, States of the United States

The two nonprofit groups reached a legal settlement this week with the developer of Hollywoods Sunset Gordon Tower, a 22-story apartment complex in the heart of Hollywood.

Key Points: 
  • The two nonprofit groups reached a legal settlement this week with the developer of Hollywoods Sunset Gordon Tower, a 22-story apartment complex in the heart of Hollywood.
  • Under the settlement, 5929 Sunset (Hollywood) LLC (a project of CIM Group), agreed to lower the affordability levels of the 45 rent restricted units that are set aside in the 299-unit building.
  • We remain deeply concerned about gentrification and its impact on long-established communities, particularly low-income and communities of color.
  • In February 2012, the developer demolished the buildings on the site, which included the Old Spaghetti Factory and its significant architectural components.

CPABC: Major projects in Southwest B.C. increase despite pandemic, while housing starts down by nearly one quarter in 2020

Retrieved on: 
Friday, February 19, 2021
Public housing, Urban renewal, Senakw

The COVID-19 pandemic caused great uncertainty for investors across the province, including in Southwest B.C.s typically robust housing market.

Key Points: 
  • The COVID-19 pandemic caused great uncertainty for investors across the province, including in Southwest B.C.s typically robust housing market.
  • Throughout 2020, nearly 6,800 fewer housing units began construction compared to the previous year, said Lori Mathison, FCPA, FCGA, LLB, president and CEO of CPABC.
  • By Q4 2020, housing starts had recovered to 6,639 units, up 6.2 per cent from the previous year.
  • The gain was driven by new proposals for major projects, which were up nearly one quarter overall and included the new Senakw Housing Project valued at $3.0 billion.

CPABC: Kootenays housing starts jump to end 2020 while major capital investment activity falters

Retrieved on: 
Thursday, February 18, 2021
Public housing, Urban renewal

However, the year ended strong with a large number of new units started in Q3 and Q4 2020.

Key Points: 
  • However, the year ended strong with a large number of new units started in Q3 and Q4 2020.
  • For 2020 as a whole, 397 housing units began construction in Cranbrook and Nelson, up from the 240 units started in 2019.
  • In the first half 2020, just 41 units began construction before increasing an additional 70 in Q3 and 286 in Q4 2020.
  • Going forward, the region will also benefit from capital invested in major projects, which should both boost our economic recovery and attract more housing developments.

Half of Homes In Seattle and Washington, D.C. Are In Economically Integrated Neighborhoods--a Bigger Share Than Other Major U.S. Cities

Retrieved on: 
Wednesday, February 17, 2021
Urban renewal, Zoning

Washington, D.C. was the only other city where about half of homes (49.5%) were in economically integrated neighborhoods.

Key Points: 
  • Washington, D.C. was the only other city where about half of homes (49.5%) were in economically integrated neighborhoods.
  • Oklahoma City is relatively affordable, with more than half (57.5%) of residents owning homes in 2019the third highestrate among the 30 cities in this analysis.
  • The share of Seattle homes that are in economically integrated neighborhoods increased from 48.7% in 2016 to 54.2% in 2020.
  • About half (49.5%) of Washington, D.C.'s homes in 2020 were located in economically integrated neighborhoods, little changed from 2016.