<
https://www.fastcompany.com/91051161/how-this-sleek-affordable-housing-project-in-maryland-became-a-reality>
"A sleek new apartment building in a D.C. suburb doesn’t look like public
housing. There’s an onsite yoga studio, a theater room, and a pet spa for
washing your dog. If you want to work remotely, there are coworking nooks next
to a fireplace. The 268 apartments are filled with light and designed to look
like boutique hotel rooms.
But the building, called the Laureate, is owned by a local government agency,
and nearly a third of the units are set aside for affordable housing, with rent
based on income. For a one-bedroom apartment with a market rate of around
$2,000 a month, a moderate-income tenant might pay $1,300.
The building, which opened last year in a former industrial area in Rockville,
Maryland, was the first to be financed with a $100 million fund created by the
county government. “It is designed to solve the inability to produce sufficient
housing in certain markets,” says Zach Marks, senior vice president of real
estate at the Housing Opportunities Commission or HOC, the housing authority in
Montgomery County, Maryland, that owns the building and worked with the county
to create the fund."
Via
Reasons to be Cheerful:
<
https://reasonstobecheerful.world/what-were-reading-bike-lanes-dam-debates/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
