In this video we show how Tartan Residential and Multifamily Building Systems utilized Net Benefit Analysis to design and engineer a new family of garden apartment buildings serving the affordable and workforce housing market.
Tag Archives: Workforce Housing
The Young-Parent Balancing Act
“For young parents in work and school, more time spent in both activities can mean higher earnings in future years. Urban research shows that each 1 percent increase in parents’ time spent combining work and education is associated with a $451 bump in annual family income at age 30 (although there are other factors at play).”
https://www.urban.org/features/young-parent-balancing-act
Single Mothers Are Surging Into the Work Force
“Single mothers in the United States can face many barriers to employment, like finding affordable child care and predictable work schedules. For many, a sick child or a flat tire can mean a lost job.
Yet since 2015, something surprising has happened: The share of young single mothers in the work force has climbed about four percentage points, driven by those without college degrees, according to a New York Times analysis of Current Population Survey data. It’s a striking rise even compared with other groups of women who have increased their labor force participation during this period of very low unemployment.”
https://www.nytimes.com/2019/05/29/upshot/single-mothers-surge-employment.html?smid=em-share
The Child Care Crisis Is Keeping Women Out of the Workforce
“There is a growing awareness of the links among access to child care, parental employment, and overall economic growth. Businesses rely on employees, and employees rely on child care. When problems with child care arise, parents must scramble to find alternative options—or miss work to care for their children. For millions of parents, that insecurity can mean working fewer hours, taking a pay cut, or leaving their jobs altogether.”
https://www.americanprogress.org/issues/early-childhood/reports/2019/03/28/467488/child-care-crisis-keeping-women-workforce/
HousingThink Podcast – Episode 11
In this episode we look at the unique challenges for an HVAC technician in finding suitable housing. We also discuss energy-efficient housing and net zero ready buildings.
HousingThink Podcast – Episode 10
In this episode, we discuss the challenges that administrative assistants and single parents have in finding workforce housing. In our news segment, we describe an innovative training incentive program for workforce housing renters.
Police Salaries in Charlotte, NC
Police officers are yet another profession that earn too much to live in affordable housing and too little to live in newer market rate apartments.
According to glassdoor.com, the average Charlotte-area police salary currently stands at $44,540. This is 53% of the Charlotte-area median family income of $83,500. Assuming a rent qualification ratio of 30%, the average police officer can afford $1,113/month in rent. This is 25% below the typical rent for newer multifamily properties in the Charlotte area, forcing many police officers to move into older, less-desirable housing.
https://www.glassdoor.com/Salaries/charlotte-police-salary-SRCH_IL.0,9_IM162_KO10,16.htm
HousingThink Podcast – Episode 9
This episode we discuss why police officers often have to live in older housing and sometimes face a long daily commute. We also address the growing popularity of the YIMBY movement.
HousingThink Podcast – Episode 8
In this episode we discuss the challenges firefighters face when looking for housing. We also discuss how rent control is not the solution to affordability.
HousingThink Podcast – Episode 7
In this episode we discuss the challenges facing teachers in finding housing near their place of work. We also discuss strategies for working with local municipalities to create new housing for this market segment.