Prisms of Possibility: Biographically situated insights on the transformative potential of sustainable affordable housing

Diana Hernández

Real Estate Economics, 2024, vol. 52, issue 3, 585-595

Abstract: Rooted in my upbringing in the South Bronx and informed by my extensive equity‐focused research on housing, energy, and health, alongside practical experience in small‐scale, place‐based real estate, I advocate for a more nuanced and holistic approach to understanding and achieving “sustainable affordable housing.” By challenging the conventional emphasis on environmental and economic sustainability, I argue that social realities must also take precedence in this endeavor. Drawing from my lived experiences and expertise, I propose viewing housing and neighborhoods through a population lens to drive equitable, intergenerational progress. In this commentary, I present three innovative strategies to harness the transformative potential of sustainable affordable housing. Bold Idea #1 emphasizes community‐based, non‐profit‐led retrofits, maintenance, and property management, while Bold Idea #2 champions legacy housing placements. Bold Idea #3 focuses on promoting moderate income housing and homeownership opportunities. These bold propositions aim to propel sustainable affordable housing beyond its current constraints, positioning it as a true catalyst for positive social change.

Date: 2024
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