+ Tree/Flower
True or False: Social housing is designed to be permanently affordable and insulated from the private real estate market.
TRUE
One of the principles of social housing is community control. What does this mean?
A) Tenants and community members help govern and make decisions
B) Community banks set rent levels
C) Developers manage the properties with survey-based input from residents
D) Community decides when the building gets sold
A) Tenants and community members help govern and make decisions
Why is cross-subsidization used in social housing finance?
Market-rate rents help cover costs for lower-income units
Which of these is not a central GOAL of "social housing"?
A) Permanent Affordability
B) Return on investment
C) Equity in the form of governance policies and labor standards
D) Creating diversity in housing stock
B) Return on investment
What federal measure sets income limits to define “affordable housing”?
Area Median Income (AMI)
Fill in the blank: Social housing treats housing as a ______, not a commodity.
Public Good!
The “real estate state” is a term that describes what:
A) A Monopoly- style board game
B) Real estate industry’s dominance in shaping cities, governments and politics
C) State that ban or pre-empt tenant unions
D) States with governors who have worked in real estate
B) Real estate industry’s dominance in shaping cities, governments and politics
Name one protection that social housing can provide that private landlords often avoid:
Just cause eviction protections / Anti-discrimination measures / Rent stabilization/ Tenant Democracy
In average market conditions, developers usually expect at least a WHAT % profit at minimum to consider a project worthwhile.
A) 2%
B) 5%
C) 10%
D) 15%
D) 15%
Which is NOT a public investment source that can support social housing:
A) Revolving loan funds
B) Public land
C) Fee waivers
D) Robert Rules
E) Housing vouchers
F) Grant funding
D) Robert Rules
In U.S history, what did the people colloquially referred to as "housers" advocate for?
A) Less Real estate regulations
B) The creation of public housing as a public good
C) Stricter government regulations on health-standards in public housing
D) A "housing-first" approach to homelessness
B) The creation of public housing as a public good
True or False: Since 1999, the number of federal public housing units supported has risen.
FALSE (it has stayed flat or slightly decreased)
According to polling, what % of voters across party said the cost of housing was a “huge problem” for the country?
A) 99%
B) 87%
C) 53%
D) 39%
B) 87%
For market-rate housing, what interest rate do banks typically require on construction loans for housing?
A) 1%
B) 3%
C) 4-8%
D) 10+ %
C) 4-8%
Which group is likely to invest in new apartments as “equity investors”?
A) Pension funds like CalPERS
B) Grocery stores
C) Lobbyist Groups
D) Non-profits
A) Pension funds like CalPERS
The total development cost of a standard new apartment can reach about how much per unit?
A) $650,000
B) $30,000
C) $900,000
D) $400,00
A) $650,000
What is the highest percentage of income an individual can pay in rent before being considered "rent burdened"?
A) 15%
B) 50%
C) 30%
D) 25%
C) 30%
The Low-Income Housing Tax Credit (LIHTC) has helped build millions of homes. But it typically only keeps them affordable for how many years?
A) 30
B) 10
C) 99
D) 50
A) 30
Which of these is an example of "decommodified" housing?
A) Terms of deal with a developer state that housing will be deeply affordable for 99 years.
B) Tenants are able to purchase their homes through building equity with a percentage of rent payments
C) Housing units are banned from ever going on to speculative real estate market
D) Rent is set at a certain amount and never changes
C) Housing units are banned from ever going on to speculative real estate market
What does NOI stand for in housing finance?
A) Net Operating Income
B) Nodular Operational Inventory
C) Necessary Ownership Inquiry
D) Nachos ONLY Investment
A) Net Operating Income
Which influential New Deal–era housing advocate popularized European social housing for a U.S. audience?
A) Eleanor Roosevelt
B) Rexford Tugwell
C) Auden Abolfazli
D) Catherine Bauer
D) Catherine Bauer
In the 1930s, labor unions like the American Federation of Hosiery Workers built housing using government subsidies. What did they call their framework?
A) People's Housing
B) Labor Homes
C) Modern Housing
D) Community Cottages
C) Modern Housing
This Amendment named after the North Carolina Senator who added it, was added to the 1998 Quality Housing and Work Responsibility Act-- capping the number of publicly owned and operated housing units in the United States at 1.2 Million Units:
A) Tillinger Amendment
B) Folger Rule
C) Burr Cap
D) Faircloth Amendment
D) Faircloth Amendment
In housing finance, the DSCR (Debt Service Coverage Ratio) measures:
A) How much income is left after paying the mortgage
B) How much debt per square foot of space
C) Percentage of debt servicing required to remain solvent
D) How big the footprint of a building can be at certain financing levels
A) How much income is left after paying the mortgage
If rents are too low to cover operating costs and loans, what’s that problem called?
A) A Big Problem
B) The Funding Gap
C) Vertical- Operational Deficit
D) Non recoupable GRI
B) The Funding Gap