Page 14 - Habitat Container Magazine Winter Issue
P. 14
Habitat Container Magazine Smart and Sustainable Habitats Winter 2017
Financing the project
These days money is an abundant commodity not easy to obtain at low interest rates
We have partnered with a major US based financing Institution , who focuses on the
development of infrastructure Projects, such as housing , sewage, expressways , hospitals,
eHtca.b itat Container Magazine November 1, 2017
Highly rated Cities , Municipalities, Counties, with existing ratings by official entities, such
as Standard & Poors, Fitch or other, may gain access to this ultra competitive rates at
Financing the project
mTehdeisuemdatyoslMonognetyerismanhoarbiuznodnasn. t commodity but not easy to obtain at affordable interest rates.
This will enable such entities to facilitate credit to the end beneficiary , never loosing control of the funds required to develop such project.
HABITAT CONTAINER, has partnered with a financial institution that will lend the money to a
We partner with you, we let you manage the monies.
Triple A county/city/state at 30 years and very low interest rates willing to implement Habitat Container’s Proposition to the Problem of affordable housing, in order to make this project feasible.
Affordable housing scarcity data sources
1-Apartment developers warn micro units may not make living more affordable Miami commission is considering reducing size of micro units
By Francisco Alvarado | November 15, 2017 09:45AM
Carlos Melo and Patrick Campbell (Credit: The Melo Group, Related Group, Getty Images)
Micro units may not be worth the hype, according to prominent apartment developers in Miami.
“The cost of land in the city makes the price per unit the same regardless of size,” said Carlos Melo, a principal of the Melo Group, during a panel discussion on millennial living hosted by Bisnow on Wednesday. “So you really don’t reduce the price of the unit.”
Melo’s company has developed nine apartment projects, is building two more and has another two in the planning stages.
“When you have micro units in New York or Japan, it makes sense,” Melo said. “Here in Miami, I don’t see a big difference in price between micro units and regular apartments.”
His comments come at a crucial moment in the advent of micro units in the city. Some of Melo’s competitors, such as the Related Group, are planning mixed-use sites in Wynwood that will feature units as small as 400 square feet, the minimum allowed under the Miami 21 zoning code.
On Thursday, city commissioners will consider amending the code to reduce the minimum to 275 square feet for units located in transit-oriented areas near Metrorail and Metromover stations and other transit sites. The Melo Group’s smallest apartments are in the 600-square-foot range.
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