New Updates on The Edge

Message from PD&R Leadership:
Aging in Place Research Project Visit to Tokyo
In the leadership message, deputy assistant secretary for research, evaluation, and monitoring Calvin Johnson discusses the Aging in Place research team's September 2017 trip to Tokyo. This visit was part of HUD's bilateral research agreement with Japan's Ministry of Land, Infrastructure, Transportation and Tourism. Johnson recounts the team's visits to several demonstration sites including 7-Eleven convenience stores, which in Japan offer freshly made food and other services that are helpful to the elderly, such as delivering purchases, holding packages for pickup, and accepting utility payments.

Spotlight on PD&R Data:
Balanced Housing Markets And Declining Homeownership in Downtown Chicago
The latest article in a series focusing on HUD's Comprehensive Housing Market Analyses (CHMAs) examines the Downtown Chicago Housing Market Area (HMA). Located at the center of the Chicago-Naperville-Elgin, IL-IN-WI Metropolitan Statistical Area, the HMA has experienced a declining rate of homeownership since 2010. The sales market is balanced and primarily made up of condominium sales, and the rental market is balanced and driven by high net inmigration.

In Practice:
Affordable Housing Funded by PILOT Program in Nashville
The Paddock at Grandview, a new 240-unit affordable housing development in the West Trinity Lane neighborhood of Nashville, Tennessee, opened in the summer of 2017. Because of the acute need for affordable housing in the neighborhood, developer LDG Development enjoyed substantial support from both the local government and resident group Nashville North by Northeast. The Paddock at Grandview was the first housing project to receive a tax relief agreement through the city's new payment in lieu of taxes (PILOT) program.

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