This program turns vacant and oddly sized lots into entry-level homes. From the Office of Jonathan Tate, the Starter Home* project creates affordable housing and offers the middle class new opportunities in homeownership. Currently homeownership in the lowest its been in 48 years at just 63.5%.
Based in New Orleans, the firm designs contemporary entry-level homes that will bring new consumers to the housing market as well as boosting the economy. The experiment researched a number of urban areas and their particular issues in "domestic inhabitation." From Atlanta alleyways to city-owned lots in Boston, there are a number of under-utilized options for developers to consider. Odd lot types in New Orleans provide a significant underdeveloped area worth re-purposing.
Odd Lot Housing Programs
This Experiment Turns Under-Developed Areas Into Entry-Level Homes
Trend Themes
1. Odd-lot Housing - Developing entry-level homes on vacant or under-utilized lots to provide affordable housing and boost the economy.
2. Contemporary Entry-level Home Design - Designing modern and affordable starter homes to bring new consumers to the housing market.
3. Revitalizing Under-developed Areas - Turning under-utilized urban areas into affordable housing to provide opportunities for middle-class homeownership.
Industry Implications
1. Real Estate Development - Developers can leverage odd-lot housing programs to create new, affordable housing options and boost the overall economy.
2. Architecture and Design - Design firms specializing in entry-level homes can capitalize on the trend of contemporary, affordable starter homes.
3. Urban Planning and Development - Urban planners can support odd-lot housing programs to revitalize under-developed areas and provide more affordable housing options for middle-class families.