Access to homeownership and quality housing is vital to a strong U.S. economy. Beyond providing shelter, housing affects a person’s employment prospects, job quality, stability, and more. Understanding the housing sector and how it impacts people’s lives is key to the Fed’s work to promote financial security and meet our dual mandate.
Pathways to Housing Affordability
Pathways to Housing Affordability was a series hosted by the Philadelphia Fed to examine housing issues and challenges in the Third District. The series brought together business and community leaders, policymakers, bankers, nonprofits, researchers, and experts in the housing and workforce development sectors to advance collaborative, community-focused solutions. All three events in the series were held in partnership with the Delaware State Housing Authority, New Jersey Housing and Mortgage Finance Agency, and Pennsylvania Housing Finance Agency.
Learn more about Part 1 and Part 2 of the series.
Part 3: Developing Coordinated Strategies to Increase Housing Inventory
The final session explored community-focused solutions to achieve affordable housing development. Attendees examined how intentional planning can create communities that meet the needs of the people who live and work there.
Experts discussed development strategies that provide housing opportunities for workers and how they have leveraged collaborative decision-making for shared investment to strengthen local economies. Topics included:
- strategic zoning and planning to expand housing options;
- statewide housing plans and collaborative implementation;
- building local development capacity by training and supporting new developers; and
- opportunities to expand housing options for low-income workers.
You can view the agenda here.