Church-Owned Land Could Help Fill Affordability Gap
Briefly

A survey by Pew Charitable Trusts indicates strong support among Americans for zoning initiatives aimed at enhancing housing availability and affordability. The United States faces a significant housing shortage of 4 to 7 million homes. Utilizing unused land owned by religious institutions may provide a solution, with partnerships between local governments and developers. The YIGBY movement aims to create over 800,000 housing units. However, bureaucratic obstacles hinder development efforts. Collaboration among public, private, and civic sectors is deemed essential in addressing the housing crisis, exemplified by projects like the Northview Housing Development in Nashville.
According to a survey for the Pew Charitable Trusts conducted last September, a majority of Americans back a range of zoning initiatives that would increase housing availability and affordability.
Local governments and real estate developers have forged partnerships with faith-based organizations that own a total of 2.6 million acres of land across the U.S.
It's part of a new movement called YIGBY (Yes in God's Backyard) that could create more than 800,000 new housing units.
In the midst of today's economic downturn and heightened partisanship, tapping into creative partnerships with public, private and civic entities is essential to solving the housing availability and accessibility issue.
Read at Forbes
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