In a creative deal to save a historic structure and also add to the city's desperately needed stock of workforce housing, the school district in Waco, Texas, agreed to sell the old Waco High building to a private developer.
"Waco schools trustees voted unanimously to sell the vacant old Waco High School building Thursday night in a deal that would allow a private developer to transform the landmark into an affordable-housing project in the heart of downtown."
"The project will turn old Waco High into about 70 loft-style apartments for families with incomes between $20,000 and $30,000. Once the development deal is finalized, the Waco Independent School District will net $900,000, which excludes $350,000 the developer has dedicated for asbestos abatement as part of the deal."
"Officials from Landmark Group, based in North Carolina, say they plan to put about $11 million into the development, which will be done in accordance with federal standards for the treatment of historic buildings."
FULL STORY: Waco trustees unanimously agree to sell former high school to North Carolina-based developer
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Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
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Americans are moving a lot less than they once did, and that is a problem. While Yoni Applebaum, in his highly-publicized article Stuck, gets the reasons badly wrong, it's still important to ask: why are we moving so much less than before?
Using Old Oil and Gas Wells for Green Energy Storage
Penn State researchers have found that repurposing abandoned oil and gas wells for geothermal-assisted compressed-air energy storage can boost efficiency, reduce environmental risks, and support clean energy and job transitions.
Updating LA’s Tree Rules Could Bring More Shade to Underserved Neighborhoods
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California's Canal Solar Projects Aim to Conserve Resources and Expand Clean Energy
California’s Project Nexus has begun generating electricity from solar panels installed over irrigation canals, with researchers and state agencies exploring statewide expansion to conserve water and boost clean energy production.
HHS Staff Cuts Gut Energy Assistance Program
The full staff of a federal program that distributes heating and cooling assistance for low-income families was laid off, jeopardizing the program’s operations.
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