Social Housing and Redevelopment of Building Complexes on Brownfield Sites: The Financial Sustainability of Residential Projects for Vulnerable Social Groups

• DOI: 10.4028/www.scientific.net/amr.869-870.3
• Publication Date: 2013-12-13T14:14:59Z
• Authors: Maria Rosaria Gua...; Fabrizio Battisti
• Keywords: Brownfield; Restructuring

The global economic crisis has caused a sharp contraction in many Italian productive sectors, with the construction industry experiencing decline of about 22% over last few years (2009-2013). In residential property market, sale prices for houses have fallen by 40% and rental 30% [. Despite greater supply housing at lower prices, there remains significant demand low-cost from lower-middle-income families, young couples, single-parent families non-resident foreign university students. This is also due to lack public resources create substantial policies support social construction. Social Housing (SH) programmes, joint financial private stakeholders, are aimed responding accommodation rent rates, concessionary and/or (with or without redemption) controlled rates. At same time, especially large cities, continuing need initiate processes redevelopment numerous building complexes brownfield sites that become functionally obsolete dilapidated. implementation urban programmes this situation requires definition management models methods assessing sustainability such programmes. article, based on contextual analysis these market segments, outlines methodological approach, tested restructuring proposal Corviale (Rome) building-city development, assess projects sites, providing new range functions include housing, student residences services.