FIABCI is accepting submissions for The City We Need is Affordable campaign. The campaign is focused on identifying and sharing the best global solutions for affordable housing. Currently there is a severe shortage of moderately priced housing for those who live and work in our cities. Affordable housing will become an even greater challenge since within the next 20 years, experts predict that the global urban population will nearly double in size.
To meet this affordability challenge, FIABCI is spearheading The City We Need is Affordable campaign. “Up to now, affordable housing initiatives have been mainly undertaken by governments through subsidies, tax incentives, rezoning and allocation of extra air-rights. Our objective is to get the private sector more involved to significantly expand the number of projects and to substantially increase the supply of moderately-priced housing for rent and for sale for the people who make our cities work,” explained Danielle Grossenbacher, FIABCI World President.
FIABCI will find and promote solutions to reduce, as quickly as possible, the current imbalance between the low supply and high demand for moderately-priced housing units and:
identify beneficial financing formulas which will convince investors and developers to take an active role in middle market and affordable housing financing;
facilitate the sharing of knowledge in construction methods, materials, design and innovations which will reduce the time and cost of construction without sacrificing quality;
publicize smartly planned communities practical for an urban workforce;
showcase successful affordable developments with new architecture, design and technical innovation;
detail best public/private partnerships;
FIABCI is calling upon global industry experts to take an active role by submitting proven ideas and projects.Submissions must be received by May 16. Please go to http://www.fiabci.org/city-we-need-is-affordable.php for detailed information. The best submissions will be showcased during FIABCI’s Urban Campaign Event which will take place during the UN Habitat III conference in Quito Ecuador on October 18.