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White House announces new guidebook to funding office conversions nationwide

Archinect

The Biden Administration has announced a new initiative aimed at financing office conversions in an effort to combat the growing problem of high vacancy rates and housing affordability in markets large and small across the country. The announcement comes as vacancy rates have skyrocketed to 30-year highs, according to the White House.

Finances 277
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India is taxing cryptocurrencies to finance its push for new infrastructure

Archinect

Indian Prime Minister Narendra Modi’s government has included hefty spending on infrastructure projects in its annual budget, looking to spur growth and improve its popularity just ahead of key state elections. The country’s Finance Minister Nirmala Sitharaman said the package includes $2.68

Finances 177
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“A different way of developing cities” — SERA Architects' Tim Smith discusses the OMSI District and civic ecology

Portland Architecture

The district is projected to include 1,200 housing units, forming with the Burnside Bridgehead development to the north a residential bookend to the otherwise non-residential Central Eastside. In the 1960s, that community was really suffering from the failure to compete with suburban development. So what can we do?

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Longhu International Center by Shanghai HuaDu Architecture & Urban Design Co., Ltd. (HDD)

Archinect

As a pivotal project of the Sino-European "Silk Road in the Air", the center is designed as a large-scale foreign service complex to accommodate various functions, including international commerce, foreign affairs services, business finance, and cultural tourism.

Finances 246
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Chicago’s Mayor Pitches Borrowing More Than $1B to Fund "Social Housing" and Other Projects

Dwell

If approved by the city council, the local government will loan hundreds of millions to developers to build affordable housing. There is no simple way to argue for new housing development without also asking how we will pay for it. This week, Mayor Brandon Johnson announced a new $1.25

Housing 107
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Foster + Partners and Sasaki Associates designing Sierra Leone island city for Idris Elba

Deezen

Development for "up to a million people" According to the BBC, the project for the island in the southwest of the country is set to be "financed through a public-private partnership", with Sherbro designated as a special economic zone. I'm not qualified for that. But I am qualified to dream big." The photo is by Harald Krichel.

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Montgomery County has found a way to reinvigorate public housing in America

Deezen

As part of Dezeen's Social Housing Revival series, we look at how one county in Maryland is leading the way in the US after devising a novel public-development strategy to help combat its housing crisis. We believe this should be the standard for all new affordable housing development."

Housing 118