The Impact Of Affordable Housing On Community Development And Economic Growth
This article provides an in-depth analysis of affordable housing’s economic and social benefits, examining its role in job creation, community revitalization, and enhancing quality of life. It describes the successes and challenges of affordable housing initiatives through detailed case studies such as Texas's regional strategies and Denver’s community-centered programs, international communities, and journal reviews of professional articles. The discussion addresses significant policy frameworks, including innovative financing methods like housing bonds and tax incentives, and sustainable building practices' importance. The article concludes with a call to scale affordable housing nationally, stressing its potential to stimulate long-term economic growth and foster diverse, inclusive communities
Authors
- Karl J. Friston
Publication Details
- Journal
- IOSR Journal of Mechanical and Civil Engineering
- Published
- 2024-12-01
- DOI
- https://doi.org/10.9790/1684-2106023140
- Primary Topic
- Housing Market and Economics
- Type
- article
- Field-Weighted Citation Impact
- 0.00