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Workforce Housing
Workforce housing is a term that is increasingly used by planners, government, and organizations concerned with housing policy or advocacy. It is gaining cachet with realtors, developers and lenders. Workforce housing can refer to any form of housing, including ownership of single or multi-family homes, as well as occupation of rental units. Workforce housing is generally understood to mean affordable housing for households with earned income that is insufficient to secure quality housing in reasonable proximity to the workplace. Overview Consideration of workforce housing includes these four principal factors: ;Workforce: The term "workforce" is meant to connote those who are gainfully employed, a group of people who are not typically understood to be the target of affordable housing programs. Workforce housing, then, implies an altered or expanded understanding of affordable housing. Workforce housing is commonly targeted at "essential workers" in a community i.e. police offic ...
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Light Workforce Housing-01
Light, visible light, or visible radiation is electromagnetic radiation that can be perceived by the human eye. Visible light spans the visible spectrum and is usually defined as having wavelengths in the range of 400–700 nanometres (nm), corresponding to frequencies of 750–420 terahertz. The visible band sits adjacent to the infrared (with longer wavelengths and lower frequencies) and the ultraviolet (with shorter wavelengths and higher frequencies), called collectively '' optical radiation''. In physics, the term "light" may refer more broadly to electromagnetic radiation of any wavelength, whether visible or not. In this sense, gamma rays, X-rays, microwaves and radio waves are also light. The primary properties of light are intensity, propagation direction, frequency or wavelength spectrum, and polarization. Its speed in vacuum, , is one of the fundamental constants of nature. All electromagnetic radiation exhibits some properties of both particles and waves. Sin ...
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Levittown, New York
Levittown is a Hamlet (New York), hamlet and census-designated place (CDP) in the Hempstead (town), New York, Town of Hempstead in Nassau County, New York, Nassau County, on Long Island, in New York (state), New York. It is a suburb of New York City, located halfway between the villages of Hempstead (village), New York, Hempstead and Farmingdale, New York, Farmingdale. The CDP had a total population of 51,758 at the time of the 2020 census, making it the most populous unincorporated CDP in Nassau County and the second most populous CDP on Long Island, behind Brentwood, New York, Brentwood. Levittown gets its name from its builder, the firm of Levitt & Sons, Levitt & Sons, Inc. founded by Abraham Levitt on August 2, 1929, which built the district as a planned community for returning World War II veterans between 1947 and 1951. Sons William Levitt, William and Alfred served as the company's president and chief architect and planner, respectively. Levittown was the first truly mass-p ...
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Florida
Florida ( ; ) is a U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders the Gulf of Mexico to the west, Alabama to the northwest, Georgia (U.S. state), Georgia to the north, the Atlantic Ocean to the east, the Straits of Florida to the south, and The Bahamas to the southeast. About two-thirds of Florida occupies a peninsula between the Gulf of Mexico and the Atlantic Ocean. It has the List of U.S. states by coastline, longest coastline in the contiguous United States, spanning approximately , not including its many barrier islands. It is the only state that borders both the Gulf of Mexico and the Atlantic Ocean. With a population of over 23 million, it is the List of U.S. states and territories by population, third-most populous state in the United States and ranks List of states and territories of the United States by population density, seventh in population density as of 2020. Florida spans , ranking List of U.S. states ...
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National Association Of Realtors
The National Association of Realtors (NAR) is an American trade association for those who work in the real estate industry. it had over 1.5 million members, making it the largest trade association in the United States including NAR's institutes, societies, and councils, involved in all aspects of the residential and commercial real estate industries. The organization holds a U.S. trademark over the term "realtor". NAR also functions as a self-regulatory organization for real estate brokerage. The organization is headquartered in Chicago. Overview The National Association of Realtors was founded on May 12, 1908 as the National Association of Real Estate Exchanges in Chicago, Illinois. In 1916, it changed its name to The National Association of Real Estate Boards (NAREB). The current name was adopted in 1972. NAR's members are residential and commercial real estate brokers, real estate salespeople, immovable property managers, appraisers, counselors, and others engaged in all ...
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Urban Land Institute
The Urban Land Institute, or ULI, is a global nonprofit research and education organization with regional offices in Washington, D.C., Hong Kong, and London. ULI aims to help its members and their partners build more equitable, sustainable, healthy and resilient communities. ULI was founded in 1936 and currently has more than 48,000 members. About 28 percent of ULI members are real estate developers, 10 percent are service providers such as architects and consultants, 10 percent are from the public sector, 13 percent represent sources of capital such as investors. ULI focuses on best practices in real estate development, housing, transportation, and related topics. The Institute provides technical assistance in communities via advisory panels, hosts conferences, produces reports, collects and shares industry benchmarks and guidance, and offers learning opportunities and courses. ULI currently has 52 District Councils or local chapters in the Americas, as well as 7 National coun ...
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National Low Income Housing Coalition
The National Low Income Housing Coalition (NLIHC) is a non-profit organization dedicated to ending America's affordable housing Affordable housing is housing which is deemed affordable to those with a household income at or below the median, as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on ... crisis. It aims to expand and preserve housing for people with extremely low incomes. NLIHC provides current information and data on affordable housing, and formulates policy and increases awareness on housing needs and strategies. History NLIHC was founded in 1974 by Cushing Dolbeare, a housing policy analyst and consultant. Initially named the Ad Hoc Low Income Housing Coalition and incorporated as the National Low Income Housing Coalition five years later, Dolbeare created the organization in response to Nixon's 1973 moratorium on federal housing subsidies. To Dolbeare, the lack of affordable housing ...
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White Flight
The white flight, also known as white exodus, is the sudden or gradual large-scale migration of white people from areas becoming more racially or ethnoculturally diverse. Starting in the 1950s and 1960s, the terms became popular in the Racism in the United States, United States. They referred to the large-scale migration of European American, people of European ancestry from racially mixed urban regions to more racially homogeneous suburban or exurban regions. The term has more recently been applied to other migrations by white American, whites from older, inner suburbs to rural areas, as well as from the American Northeastern United States, Northeast and Midwestern United States, Midwest to the milder climate in the Southeastern United States, Southeast and Southwestern United States, Southwest. The term 'white flight' has also been used for large-scale Decolonization, post-colonial emigration of White Africans of European ancestry, whites from Africa, or parts of that contine ...
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Public Housing In The United States
In the United States, subsidized housing is administered by federal, state and local agencies to provide subsidized rental assistance for low-income households. Public housing is priced much below the market rate, allowing people to live in more convenient locations rather than move away from the city in search of lower rents. In most federally-funded rental assistance programs, the tenants' monthly rent is set at 30% of their household income. Now increasingly provided in a variety of settings and formats, originally public housing in the U.S. consisted primarily of one or more concentrated blocks of low-rise and/or high-rise apartment buildings. These complexes are operated by state and local housing authorities which are authorized and funded by the United States Department of Housing and Urban Development (HUD). In 2020, there were one million public housing units. In 2022, about 5.2 million American households received some form of federal rental assistance. Subsidized ...
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Mid-20th Century Baby Boom
The middle of the 20th century was marked by a significant and persistent increase in fertility rates in many countries, especially in the Western world. The term ''baby boom'' is often used to refer to this particular boom, generally considered to have started immediately after World War II, although some demographers place it earlier or during the war. This terminology led to those born during this baby boom being nicknamed the baby boom generation. The boom coincided with a marriage boom. The increase in fertility was driven primarily by a decrease in childlessness and an increase in parity progression to a second child. In most of the Western countries, progression to a third child and beyond declined, which, coupled with aforementioned increase in transition to first and second child, resulted in higher homogeneity in family sizes. The baby boom was most prominent among educated and economically active women. The baby boom ended with a significant decline in fertility rates ...
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Town Planning
Urban planning (also called city planning in some contexts) is the process of developing and designing land use and the built environment, including air, water, and the infrastructure passing into and out of urban areas, such as transportation, communications, and distribution networks, and their accessibility. Traditionally, urban planning followed a top-down approach in master planning the physical layout of human settlements. The primary concern was the public welfare, which included considerations of efficiency, sanitation, protection and use of the environment, as well as taking account of effects of the master plans on the social and economic activities. Over time, urban planning has adopted a focus on the social and environmental " bottom lines" that focuses on using planning as a tool to improve the health and well-being of people and maintain sustainability standards. In the early 21st century, urban planning experts such as Jane Jacobs called on urban planners to ...
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World War II
World War II or the Second World War (1 September 1939 – 2 September 1945) was a World war, global conflict between two coalitions: the Allies of World War II, Allies and the Axis powers. World War II by country, Nearly all of the world's countries participated, with many nations mobilising all resources in pursuit of total war. Tanks in World War II, Tanks and Air warfare of World War II, aircraft played major roles, enabling the strategic bombing of cities and delivery of the Atomic bombings of Hiroshima and Nagasaki, first and only nuclear weapons ever used in war. World War II is the List of wars by death toll, deadliest conflict in history, causing World War II casualties, the death of 70 to 85 million people, more than half of whom were civilians. Millions died in genocides, including the Holocaust, and by massacres, starvation, and disease. After the Allied victory, Allied-occupied Germany, Germany, Allied-occupied Austria, Austria, Occupation of Japan, Japan, a ...
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Subprime Mortgage Crisis
The American subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010, contributing to the 2008 financial crisis. It led to a severe economic recession, with millions becoming unemployed and many businesses going bankrupt. The U.S. government intervened with a series of measures to stabilize the financial system, including the Troubled Asset Relief Program (TARP) and the American Recovery and Reinvestment Act (ARRA). The collapse of the United States housing bubble and high interest rates led to unprecedented numbers of borrowers missing mortgage repayments and becoming delinquent. This ultimately led to mass foreclosures and the devaluation of housing-related securities. The housing bubble preceding the crisis was financed with mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than government securities, along with attractive risk ratin ...
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