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Housing Affordabilty & Supply

Housing Affordability & Supply

What happens when demand exceeds supply? The cost of housing and rent increases, taxes rise, and we are faced with a housing crisis. Demand for housing is continuing to climb driving up prices of homes and rent, but why do we still keep having a supply problem? Restrictions on buildings

 

"My plan is to provide a city with housing options for all and an affordable future for generations to come."

 

My plan for housing affordability & supply is straight forward:

  • Restructure the UDO to remove height restrictions so we can BUILD UP, NOT JUST OUT & allow for smarter, more pragmatic approach to housing and mixed use developement.
  • Reduce minimum lot sizes for homes & to encourage developers to create internal or subterranean parking for apartment complexes and large buildings.
  • Sell city owned buildings that lay derelict so builders can put homes or condos there.
  • Encourage multiuse building to have housing built on top of businesses to make use of wasted vertical space.

Bledsoe For Raleigh
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