U.S. cities are in the midst of a housing crisis. Demand is high, supply is limited, and the supply being built disproportionately leans towards the luxury end of the market. Some cities, like Washington, D.C., have millions of square feet available for the development of accessory dwelling units (ADUs). If utilized, this land could provide… Continue reading How Public and Private Incentives Can Strengthen the ADU Market
Affordable housing is becoming increasingly scarce in cities across the country, and accessory dwelling units (ADUs) are a scalable yet under-utilized housing solution, as was discussed in a previous post. Yet, for all their value, ADUs can be a stubborn process to get started. The average ADU costs $200,000 – not including permitting and construction… Continue reading How Cities and States Can Remove Barriers to ADU Development
On October 15, District of Columbia Mayor Muriel Bowser and the Office of Planning released a draft of their Comprehensive Plan. The plan focuses on affordable housing as a top priority - which, in case you didn't know, is a major issue throughout the city. Rent costs in Washington, D.C. have risen dramatically since 2012;… Continue reading Washington, D.C. is Experiencing a Housing Affordability Problem and Accessory Dwelling Units May Be the Answer
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