Month: May 2022

The supply of affordable housing integrates urban, architectural, and design issues explains Maxwell Drever. Issues of sustainability, design, planning, social equity, and ownership are also a vital part of this phenomenon. Several governments are trying to analyze this issue of the short supply of affordable residential units. They are trying to identify, solve and address …

Strategies and terms related to affordable housing, as explored by Maxwell Drever Read More »

Cities and towns face a short supply of affordable housing, furnished apartments on a monthly or weekly rent basis says Maxwell Drever. The demand for this residential unit is increasing in leaps and bounds because the workforce population is rising. To maintain their living standards and provide them with a safe environment, various hotel owners …

Shortage of affordable housing: prospects for hotel owners provided by Maxwell Drever Read More »

The spread of the COVID-19 pandemic has resulted in economic blows affecting local and national governments says Maxwell Drever. It has negatively impacted every financial sector, slowly adjusting to the new normal. In such a situation, alternate use of hotels is underway. They are being transformed into rental properties to ensure a better supply of …

Repurposing hotels into multifamily estates will pave affordability, as revealed by Maxwell Drever Read More »

Various bills have been underway in legislative assemblies since 2021 for allowing underused commercial buildings and hotel rooms to be transformed into residential buildings. By superseding construction standards and local zoning protocol, it will be possible to provide the workforce population decent lodging explains Maxwell Drever.   Many of these individuals are financially distressed because …

Repurposing hotel rooms into affordable housing the way Maxwell Drever anticipates Read More »

Affordable workforce housing is a current topic with multiple variations. These are residences built for families earning between 60 to 120% of the area’s median income says Maxwell Drever. However, the extent and nature of the AMI vary from one region to the other. Every state has its unique rules and regulations for determining who …

Proven strategies to convert broken hotels into affordable housing, as propounded by Maxwell Drever Read More »