emerging
Attainable Housing Action
Attainable market-rate housing is becoming a top priority for cities, driven by financial incentives, zoning changes, and evolving building codes.
Timeframe
near-term
Categories
Subcategories
Impact areas
Detailed Analysis
The global housing shortage is pushing cities to prioritize the development of attainable housing. Financial incentives, zoning law changes, and updated building codes are converging to create a more favorable market for housing development. "Attainable market-rate housing becomes the number one priority for cities around the world in 2025…"
Context Signals
1717 South Michigan Avenue in Chicago is cited as an example of a new residential development in a cultural district.
Lowering interest rates are contributing to the attractiveness of housing development.
Edge
Modular and prefabricated construction methods could play a larger role in delivering attainable housing quickly and efficiently.
Community land trusts and other innovative ownership models could help ensure long-term affordability.
