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Feature Article
 

Article by David Engel excerpted from the Spring 2004 issue of NeighborWorks bright ideas

March 25, 2004 -- Reducing the cost of creating affordable housing is a challenge that requires the combined talents of nonprofit and market-based housing providers, housing advocates, the business sector, and federal, state and local governments. There is no "easy fix."

In this article from the Spring 2004 issue of NeighborWorks bright ideas, a quarterly magazine published by the NeighborWorks Network and the Neighborhood Reinvestment Corporation, David Engel examines ways to address excessive, unnecessary, or exclusionary regulations that raise the cost of affordable housing. Engel, director of the Division of Affordable Housing Research and Technology at the U.S. Department of Housing and Urban Development, is also a senior career member of the America's Affordable Community Initiative team.

Through the America's Affordable Community Initiative (www.hud.gov/affordablecommunities), HUD is partnering with community-wide interests and organizations such as the Neighborhood Reinvestment Corporation to demonstrate the importance of regulatory reform and to develop new tools for local governments and housing providers to use in tackling affordable housing issues.

HUD also offers technical information to housing providers on barriers and ways to address them. Engel urges Neighborhood Reinvestment partners to visit HUD's Regulatory Barriers Clearinghouse (www.regbarriers.org). This national Web-based forum, database, and listserve provide opportunities to share ideas on barriers and learn how other communities are addressing this unique housing challenge.

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