Missing Middle housing. 23 townhomes, duplex + 4-plex units Affordable. Rents planned at 80% AMI Additional phases. For a total of 67 units months construction period Underway. Purchase + sale agreement executeduction commencement Cost. $3.6M total project costing, dining and at least 3 parks Deferred real estate … [Read more...] about Bellevue Montgomery
Community
Podcast hiatus.
Dear friends of all things good in real estate. The year has been too busy (all good) resulting in too little time for podcasts (a little bad). This is a little bad because I love my podcast show - I get to talk to such remarkable people working on such remarkable things. Now the “busy” has reached a level that I cannot ignore. To give you context here’s a taste … [Read more...] about Podcast hiatus.
The case for social housing.
The opera and apple strudel are the hottest tickets in Vienna these days, right? Wrong! US natives are invading the Austrian capital to take a look at their social housing projects. Hordes of politicians, housing advocates and journalists tromping the cobblestones, trying to understand how housing can be more than just a profit center, and probably eating a … [Read more...] about The case for social housing.
Oasis in a food desert.
An oasis is emerging in the food desert. Residents of the underserved Northwest Goldberg neighborhood in Detroit will finally be able to buy groceries and household goods locally, thanks to the establishment of Kornr Store, a retail concept developed by Brinda Devine of Purpose8 Real Estate. Only 18 months after raising $43,000 through a crowdfunding campaign on … [Read more...] about Oasis in a food desert.
Community Capital.
Chris Miller is chair and one of the founding board members of the National Coalition for Community Capital, a 501c3. Among NC3’s goals are to empower ordinary citizens and strengthen local economies through community investment and ownership, with particular attention to wealth-building by non-accredited investors and to underserved populations and communities. Chris … [Read more...] about Community Capital.