Affordable Housing Points

Affordable Housing Points

Rent has gone up dramatically, causing hardship for many. By increasing the number of rental properties that are paid for forever and belong to non-profit organizations, the resulting rent should be about one quarter (1/4) the amount of rent today!

When people spend less on rent, they have more money to pay for everything else, including donations to other causes. They can also save more to buy their own place.

About 50 percent of the people are renting and their rent buys properties for the people and corporations that “own” the properties. Rentals often have the lowest quality of just about everything, with poor soundproofing and insulation. Management says “it’s just a rental” as they justify the lack of upgrades.

The following chart shows who might own the apartments in your area.

Rent-Reducing Building (RRB)

A Rent-Reducing Building (RRB) applies rents, proceeds from fundraisers, and income from local business and affinity loyalty to pay the mortgage. Rents are reduced each year until the mortgage is paid. Of course, the rent will never be zero, since we have to pay property taxes and maintenance! Each RRB is its own non-profit that is managed by its tenants (with elected manager), but has deed-restrictions to preserve the building and its long-term affordability.

Examples of PROPOSED Rent Reducing Building
Building Name Theme or focus Cities
Upgradia Eclectic, a bit of everything Near Seattle
Bavaria Everything German Near Leavenworth, WA
Free At Last People paying off student loans or other debt You help decide!
Public Service Police, Fire, Teachers and other devoted workers. You help decide!

Affordable Housing Points (AHP)

Our system works by creating Affordable Housing Points (AHP). You can build up points that could help you get into a lower-rent property.

Affordable Housing Points are accumulated over a lifetime. Points cannot be sold to someone else or taken away from you. A building uses these points to help choose potential tenants. A point multiplier would be applied for people with disabilities or for increasing age so that those people might go to the head of the list. Buildings in different towns would have dramatically different point requirements so it might be possible to find a great place in a more rural setting.

We would also use a lottery so that a little luck can get someone into a cheaper apartment.

Construction School

The least expensive building option (modular or pre-fab) is to assemble apartments in a factory-like setting and deliver them on trucks to be placed into a building. Here is a fine example.

Our work-study construction school will teach building skills and assemble modular dwellings. We will pay you a referral fee for sending us a student who completes our construction school.