Urban Land Institute award nomination for Innova!


Congrats to Innova Redevelopment for their recent ULI award nomination. We're rooting for your win!

From Innova's website: "In July of 2015, Innova broke ground on an affordable infill project in Point Breeze. Innova was selected to test the viability of the City's "Workforce Housing" initiative for building unsubsidized affordable housing on vacant City land. This project, located on four desolate blocks, was comprised of 15 high quality homes, built with Passive House detailing, designed for an ultra-low energy load and sold for an average of $239,000. By the end of 2016, Innova had developed and sold all 15 homes plus 4 adjacent parcels with market rate houses built to the same energy standards, transforming largely vacant blocks into now-vibrant communities."

Read more about Innova and President Jeff Allegretti on the Urban Land Institute blog here.