Michelle Allen's Page

Hello and Happy Holidays,Does anyone know of programatic solutions to how permanent affordability will be maintained in aging condominium projects? We can see rehabing single family homes once they reach the end of their useful life but condos pose challenges. Most condo buildings are eventually bought en mass for reconfig. and rehab. permanent ownership deeds make this challenging unless the deed is released.M.See More

Hello,We currently have some projects that are raising HOA fees beyond the ability of affordable buyers to pay them. In some cases these are special assessments, some are co-housing and other highly amenitized projects. Does anyone have examples of ways to deal with high fees? Rick,If you read this, have you done or do you know of any research in this area.Thanks!See More

Hello,The city of Boulder initiated it's Inclusionary Housing program in 2000. All new residential development must provide 20% of the project as permanently affordable. The requirement may be met by on-site affordable units, off-site affordable units or cash-in-lieu of units. Up until now, redevelopment has not been an issue but we are moving into the phase where, in some cased projects that provided an IH assessment are redeveloping in a relatively short timeline. For example, a couple of…See More

Hello, I am looking for alternate names for inclusionary zoning that better indicate what the program is about.Thanks!See More

Does anyone know of a good source for the nuts and bolts of starting a shared equity program from scratch?