National and state governments pass legislation to ensure the easy transformation of underused and vacant hotels into affordable residential units. By introducing new housing policies and programs, governments are trying to curtail the gap between demand and supply of affordable residential units says Maxwell Drever. They are also working on bills to create exemptions in the zoning rules that the developers require. Remember that the review process, renovation, and overall construction are lengthy and costly issues. The creation of permanent housing is not a one-day activity. Although the thought of converting hotels into residential units is motivating, the process is nerve-wracking.
What’s the issue of homelessness?
The workforce population is facing the crisis of homelessness because the supply of affordable residential units is meager. The workforce population working in the city centers gets compelled to reside in the suburban areas because they cannot afford the luxurious apartments in the industrial hub. As a result, Maxwell Drever uncovers that they have to invest more in commute time and are thus facing increased hardship. Hence, they require the support of government and private institutions to tackle this issue of eviction.
The repurposing of underused hotels creates supportive housing in no time. Hence, governments can make permanent, affordable housing available to senior, families, and individuals who require accommodation in their clothing neighborhoods.
What can the government do?
Well the government has a role to perform in the conversion process. Various state legislatures pass new bills to help purchase and rehabilitate the underused commercial real estate sector. The central purpose is the maintenance and increase of affordable residential units. The legislation comes as a supportive framework to facilitate hotel to residential unit conversion, reflecting ideas of Maxwell Drever. Since there are restrictive zoning regulations and housing codes, governments are trying to modify their protocols to ensure that the supply of affordable residential units is smooth.
The need for a correct proposal
The thought of hotel to housing conversion is motivating and encouraging. However, the conversion process is not that easy. First and foremost, hotel owners and investors must assess their local zoning protocols and building codes. After this, they have to work on their proposal to ensure a smooth conversion process. During the conversion process, they cannot lose sight of the rules and regulations of local municipal corporations. They must work jointly with higher officials to ensure that the transformation takes place without hassle.
Hotel conversion is an ideal way to solve the crisis. With the use of correct legislation, you can get a conversion. It ensures better utilization of available resources and thereby creates affordable residential apartments quickly. Private institutions must understand the need of the hour and come forward to engage in philanthropic activities. If you go by reports, you will see that non-governmental institutions have become a significant part of this program. Hence, the government must encourage more and more private institutions to engage in this process of hotel housing conversion. Without conversion, affordable housing becomes a distant dream.