While tourism is flagging, cities have a rare opportunity to create affordable housing cheaply and quickly.
With travel still stuck in the Delta doldrums, many hotels have fallen on hard times. Some policymakers see a chance to take advantage of the sector’s struggles by converting hotels into permanent housing for the homeless. California has led the way with Project Home Key, an extension of an early-pandemic experiment that has now led to more than 6,000 permanent apartments for the homeless in converted hotels, with another $2.
Decades. New York City housing policy has a constant return to hotels as a place to use as housing. That reflects something that is important. If you go back to the 19th, early 20th century, the line between housing and hotels wasn’t a clear line the way that it has become. People lived in short-term rentals. There were long-term hotel rooms. There wasn’t a strong regulatory requirement that houses have certain features, size, or quality.
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