Affordable Housing: Mixed-Use/Income Condominium Developments
Integrating affordable housing into mixed-use/income condominium developments presents challenges but offers benefits for creating more diverse, accessible, and vibrant communities. Balancing the costs of construction, land acquisition, and maintenance against the need for affordability can be challenging for developers. Successful projects depend on close partnerships with local governments, nonprofit organizations, and the community to create a comprehensive plan that addresses various needs.