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New York City artist teaches cab riders neighborhood's history
NBC News· 2025-10-09 11:01
Gentrification is reshaping cities across America. Here in Brooklyn, one artist is fighting to preserve his neighborhood's history from inside his car. I feel like Dxilandia lends itself to like capture the story of 40, 50, 60 years of a neighborhood.>> Modesto Flaco Himenez grew up in Bushwick and now drives its streets, sharing the neighborhood's heritage, culture, and resilience through his cab tour, Daxandia. >> Copy that. We'll tell them you'll be for an hour.>> Dispatch, >> what inspired me to make Ta ...
James Hardie Celebrates World Habitat Day with Renewed Support for Affordable Housing Through Habitat for Humanity Initiatives
Prnewswire· 2025-10-06 19:53
Core Viewpoint - James Hardie Building Products Inc. reaffirms its commitment to affordable housing and climate-resilient communities through sponsorship of Habitat for Humanity's initiatives, particularly the 2025 Jimmy & Rosalynn Carter Work Project [1][4][5] Group 1: Commitment to Affordable Housing - James Hardie is sponsoring Habitat for Humanity's 2025 Jimmy & Rosalynn Carter Work Project in Austin, Texas, focusing on building safe and affordable homes [4] - The company emphasizes its purpose of "Building a Better Future for All" by creating lasting impacts in neighborhoods across the country [3][4] Group 2: Habitat Strong Initiative - The Habitat Strong initiative aims to develop climate-resilient housing that withstands extreme weather while remaining affordable and energy-efficient [5] - James Hardie's durable products, which are noncombustible and resilient against moisture and pests, play a crucial role in these housing projects [5][8] Group 3: Community Engagement and Fundraising - James Hardie engages its employees as volunteers in Habitat Strong projects, enhancing its impact on local communities [4] - The company also hosts the annual James Hardie Pro Football Hall of Fame Invitational, which raises funds for Habitat for Humanity, contributing to affordable housing initiatives [6]
X @Bloomberg
Bloomberg· 2025-10-03 09:05
Housing Market Trends - Homebuyers' strike of the past three years is finally working [1] - The path to affordable housing still looks painful [1]
Morgan Stanley Investment Management and Opportunity Finance Network Announce Annual Contribution Recipients in Support of Affordable Housing and Community Development
Businesswire· 2025-09-30 18:15
Core Viewpoint - Morgan Stanley Investment Management (MSIM) has announced its annual contribution to the Opportunity Finance Network's (OFN) Financing Fund, supporting community development and affordable housing initiatives through grants to three organizations [1] Group 1: Grant Recipients - The three grant recipients are GROW South Dakota, Community Health Center Capital Fund, and Twin Cities Habitat for Humanity Lending, Inc. [1] - These organizations are classified as community development financial institutions (CDFIs) [1] Group 2: Focus Areas - The focus of the grants is on community development and affordable housing [1] - The funding is part of MSIM's commitment to support initiatives that promote financial justice [1]
X @Bloomberg
Bloomberg· 2025-09-25 14:44
The Portuguese government will raise the tax on house purchases carried out by non-residents in a bid to increase the supply of affordable homes https://t.co/BSgHtTDVsk ...
Mamdani draws NYC investors to advise him if elected mayor #politics #shorts #nycmayor #nyc
Bloomberg Television· 2025-09-24 22:33
So what are the things that um 1NYC uh or the business leaders that you've talked to want from mom Donnie. Because we we know the concerns, we know um the fears, but what are the asks. I think the first the the main sort of framing is will he be an effective mayor of New York City.Business leaders are concerned about things that all of us are concerned about actually. Uh they're concerned about the supply of affordable housing. They're concerned about New York City uh improving its public safety.Um there's ...
Growth Ahead For UMH And Flagship In Manufactured Housing
Seeking Alpha· 2025-09-18 14:58
Core Viewpoint - The manufactured housing (MH) sector is well-positioned for growth due to a significant price disparity with site-built homes, regulatory changes, and increasing demand for affordable housing solutions [1][2][12]. Sector Fundamentals - The MH sector has experienced a substantial undersupply due to stringent financial and zoning regulations, which has created a favorable environment for existing players [1][7]. - MH currently constitutes about 10% of the single-family housing market, down from 30% in the 1970s, indicating a historical low in MH building volume [9][11]. - The affordable housing crisis is partly attributed to the low percentage of MH in the overall housing market, prompting regulatory loosening at federal, state, and local levels [7][12][13]. Company-Level Analysis - UMH Properties and Flagship Communities are identified as the best-positioned companies within the MH sector due to their geographic advantages and growth potential [2][39]. - UMH has demonstrated strong same-store NOI growth, significantly outperforming larger mixed-asset MH REITs [30][36]. - Flagship Communities, while smaller, is achieving impressive same-store NOI growth rates of around 12% [33]. Valuation - Current valuations show that UMH is trading at 15.9X AFFO, while larger competitors like Equity LifeStyle Properties and Sun Communities are trading at higher multiples of 22.8X and 21.2X AFFO, respectively [37][38]. - The cheaper valuation and higher growth potential of UMH and Flagship make them attractive compared to their larger peers [39]. Geographic Advantage - UMH and Flagship operate in states that are more favorable to MH development, allowing for more efficient zoning and land acquisition [40][45]. - Kentucky, where Flagship is headquartered, has a high concentration of MH, with 31.6% of its single-family housing consisting of MH [41]. Bull Thesis Summary - The combination of favorable macroeconomic and regulatory factors is expected to drive continued growth in the MH sector, particularly for UMH and Flagship, which are trading at discounted valuations [46][47].
International Land Alliance Launches BOXABL at Cabo Oasis
Globenewswire· 2025-09-15 12:00
Core Insights - International Land Alliance, Inc. has introduced BOXABL tiny homes at its Cabo Oasis development, enhancing its product offerings in a 500-acre beachfront community [1][5] - The BOXABL Casita, a Tesla-powered model, is priced around $100,000 or available for lease under $1,000 per month, targeting vacation, second, or retirement residences [2][3] - BOXABL aims to address housing challenges with its modular building system, which allows for rapid deployment and high-quality living spaces [3][4] Company Overview - International Land Alliance, Inc. focuses on acquiring and developing real estate in Northern Baja California and Southern California, emphasizing sustainable housing solutions [6][8] - The company is committed to innovative design and technology, aiming to create environmentally friendly communities for various buyer segments [6][8] Product Features - The BOXABL Casita is a 361 square foot studio unit that unfolds on-site in less than an hour, featuring a full kitchen, bathroom, and utilities [3] - The homes are designed with integrated solar roof panels and Tesla Powerwall batteries, ensuring energy independence and off-grid capability [7] - Smart home integration allows for full automation of lighting, climate, and security controls, while energy-efficient systems aim to eliminate traditional utility costs [7] Development Plans - Cabo Oasis will include diverse residential options, such as condominiums and private estates, alongside the new tiny home offerings [4] - The company is also developing stackable and connectable models to create multifamily units or larger single-family homes [3]
X @Bloomberg
Bloomberg· 2025-09-14 18:32
Canadian Prime Minister Mark Carney launched a new government agency responsible for building affordable homes as he aims to boost the pace of construction over the next decade https://t.co/k2z3KNwzKY ...
The Fight to Save Chinatowns in America | Minjia Yan | TEDxLasVegas
TEDx Talks· 2025-09-12 16:45
Historical Context & Challenges - Chinatowns have served as symbols of immigrant strength and cultural hubs for over 160 years [4] - Out of 88 Chinatowns in the US, only half remain active, facing threats like rising rents, gentrification, and cultural erosion [3][4] - Some Chinatowns were intentionally destroyed, such as the one in Reno, Nevada, burned down in 1908 [10][11] - The COVID-19 pandemic accelerated small business closures due to language barriers and lack of access to assistance [14] Community & Internal Dynamics - Chinatowns often face internal political challenges, including politicians making empty promises and community leaders prioritizing personal gain [17] - These broken systems create distrust and division, hindering advocacy for the Asian-American community [18] Preservation & Future - The disappearance of Chinatowns reflects a broader trend of affordable housing loss in urban areas [20] - Preservation efforts should focus on empowering Chinatowns to evolve while staying rooted in their values and traditions [27] - Supporting small businesses, advocating for supportive policies, and documenting history are crucial for preserving Chinatowns [23] - Young Asian-Americans are playing a key role in reimagining and saving their neighborhoods [25]