Friday, October 28, 2022

Shared Article. Earl R. Brown | National Partner Relations & Agreements| National Disaster Partnerships

 The following was shared with me, I wanted to share the attached article with you.


This article focuses in on how disaster affect low-income housing.


Please share as appropriate.  Interested in your thoughts.


The following is the link to the entire article:

The following are excerpts from the article:

·        Neighborhoods have a life cycle. As they age, they are either redeveloped or gentrified, or they decline. As a neighborhood declines, homes are more likely to be occupied by renters. They also become more affordable, and they tend to be less well maintained. Apartment buildings that are designed for renters go through a similar life cycle.

·        Because most affordable housing becomes affordable by becoming old and dilapidated, rebuilding the same size home will also be more expensive than the original, especially amid the current construction market’s supply chain disruptions.

·        Affordable housing is often in less desirable areas, including low-lying areas prone to flooding.

·        For low-wage workers, the uncertainty of whether they will be able to return to rental units can mean they decide to seek work and housing elsewhere.

·        Recovery of apartments and duplexes are more volatile than single-family housing and takes much longer. Because these housing types are owned by businesses rather than occupants, the decision to rebuild is less urgent and less emotional.

·        Ensuring that a community will have affordable housing after a disaster starts well before that disaster strikes. Creating a community recovery plan can emphasize the importance of affordable housing to the community’s economic resilience. 

·        Homes that were less expensive…were slower to recover their value than more expensive homes. 


Earl R. Brown | National Partner Relations & Agreements| National Disaster Partnerships

No comments:

Post a Comment


Search This Blog

ARCHIVE List 2011 - Present