New Data and New Ways of Thinking About Maintaining the Housing Stock in Middle Neighborhoods

October 25, 2022 | 1:00-2:30 PM ET | REGISTER HERE

Middle neighborhood practitioners know that housing stock is a critical part of the infrastructure of their communities.  If it is not repaired, maintained and updated to remain current with homebuyer demands, it enters a downward spiral of stagnating values, increasing costs to correct, inability to compete for homebuyers, vulnerability to investors, and signals to other neighborhood residents that the neighborhood is less worthy of their time, money and energy.  Households that need the opportunity to grow intergenerational wealth see that opportunity erode; local governments lose property tax, which affects the ability to deliver quality services to all residents.

In this webinar, we’ll hear from Harvard’s Joint Center for Housing Studies about data they analyze as part of their Remodeling Futures Program, including remodeling trends by types of work and by income of homeowners.  Next we’ll listen to practitioners who do a lot of rehab work react to the data and talk about how they combine resources and strategies to motivate, assist and shape the maintenance of housing stock for different types of homeowners. We will address questions like:

· How does the remodeling industry segment the market by types and levels of remodeling?
· What repairs, replacements and discretionary updates are households prioritizing? How does that vary by income?
· What do practitioners wish they would prioritize in order to maximize their potential for wealth creation and neighborhoods’ potential for continued success?
· What are the barriers to different types of households in making needed repairs, replacements and updates to their homes?
· What strategies and resources are most successful in addressing those barriers to motivate and enable owner-occupants to make investments?

Please join us in this important conversation with your thoughts and experiences.

Panelists:

·      Sophia Wedeen, Research Analyst, Joint Center for Housing Studies, Harvard

·      Amber Lynch, Executive Director, Invest DSM, Des Moines, IA

·      Paul Stewart, Director, Oswego Renaissance Association, Oswego, NY

Moderator:

Marcia Nedland, Organizer, Middle Neighborhoods Community of Practice