ULI Center Names Winners of 2009 Jack Kemp Workforce Housing Awards
The ULI Terwilliger Center for Workforce Housing has selected Casa del Maestro in Santa Clara, The Kalahari, Miller Ranch, and South City Lights as winners of this year�s Jack Kemp Workforce Housing Models of Excellence Awards.
The awards are given to workforce housing developments that represent outstanding achievements in several areas, including innovative financing, unique construction methodologies, strong public/private partnerships, and replicability to achieve workforce housing affordability. The award winners were announced at the ULI Fall Meeting in San Francisco last week.
The Models of Excellence Awards recognize exemplary developments that meet workforce housing needs in high-cost communities. Twenty-five submissions were reviewed throughout the U.S. Each of the four winning projects had at least 25% of the units designated for families earning between 60% and 120% of the area median income; was located near employment centers and transportation hubs; and utilized public capital subsidies for no more than 25% of the development costs.
All of the winning developments were bolstered by strong partnerships between the developers and the local municipalities. As a result, each municipality and its residents will benefit from the increased availability of workforce housing in their communities.