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Affordable Single Housing Units

Alexander Gorlin Designed a Building for Single Low-Income Tenants

— July 19, 2016 — Art & Design
Alexander Gorlin Architects is a New York-based studio that's behind a modern apartment complex that's designed to house single low-income tenants in the Bronx area.

The interior of the building is spacious yet simplistic, with the studio ensuring that the space is opened up with natural light and an open-concept design. The apartment complex also offers plenty of communal space to facilitate a more positive sense of community. The exterior is made bright with multi-colored panels that contrast the gray brick. A total of 154 apartments are in the building, with each intended to house "single working adults who earn between $18,000 and $35,280 per year."

In addition to offering affordable housing to low-income tenants, the "project specifically targets formerly homeless individuals who are high-cost recipients of Medicaid assistance -- a government social healthcare program that is available to impoverished US residents."
Trend Themes
1. Affordable Single Housing Units - Increasing demand for affordable housing among low-income tenants creates an opportunity to design and construct affordable, sustainable, and innovative single-housing units
2. Community-oriented Housing Solutions - Designing community-oriented housing units with ample communal spaces could enhance social cohesion and promote healthy living among tenants
3. Innovative Financing Models for Affordable Housing - Developing innovative financing models, such as public-private partnerships, impact investment, and social impact bonds, could provide new sources of funding for affordable housing projects
Industry Implications
1. Real Estate and Property Development - Real estate developers could leverage innovative design and financing models to build affordable single-housing units and address the growing demand for affordable housing among low-income tenants
2. Healthcare and Social Services - Healthcare providers and social service agencies could partner with real estate developers and government agencies to provide housing solutions for formerly homeless individuals who are high-cost recipients of Medicaid assistance
3. Sustainability and Green Building - Green building and sustainable housing solutions could reduce the environmental impact of housing development and support the transition to a low-carbon economy while addressing housing affordability challenges
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