Elected leaders and stakeholders are searching for solutions this week, as one developer said on Thursday that Anchorage needs to build tens of thousands of new housing units to overcome its housing shortage.
FastCast morning digital headlines for this Thursday, Nov. 2, 2023.ANCHORAGE, Alaska - As part of Housing Action Week, the Alaska State Home Building Association met with community residents and Anchorage Assembly members on Thursday to discuss the obstacles they face when it comes to new housing construction.
However, Rabbit Creek Community Council co-chair Ann Rappaport said she is concerned communities like hers might grow too fast and too large as developers try to construct more housing. “Develop more dense housing around transportation corridors like in Midtown and Downtown,” Rappaport said. Porter said when he first started building Anchorage, his crew routinely did 2,500 to 3,500 units a year. That was in 1972.He added that aside from the labor shortage, burdensome regulation is one of the obstacles developers are dealing with that the municipality needs to address.
“The burdens being placed upon the developer or the builder that any infrastructure requirements that the city may have, that builder is supposed to pay for — so that adds to the cost,” Porter said.
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