PYC4814 Assignment
3 (COMPLETE
ANSWERS) 2024
(580562) - DUE 15
August 2024 ;100%
TRUSTED workings,
explanations and
solutions.
ADMIN
[COMPANY NAME]
, 1. Identify a problem in the community Think of some problem or
issue in the community. Briefly explain what the problem is (one or
two sentences).
One problem in the community could be inadequate access to
affordable housing. This issue refers to the difficulty many
community members face in finding housing that is both suitable
and within their financial means, leading to housing instability and
homelessness in some cases.
2. Describe a possible solution Describe a possible solution to the
problem that would probably satisfy the most powerful people in the
community (one paragraph).
One possible solution to the problem of inadequate access to
affordable housing that would likely satisfy the most powerful
people in the community is the implementation of public-private
partnerships (PPP). By partnering with private developers and
investors, local governments can leverage resources and expertise to
increase the supply of affordable housing. This approach allows for
the development of mixed-income housing projects that include
affordable units alongside market-rate units, thus addressing the
housing needs of a broader spectrum of the population. PPPs also
appeal to powerful stakeholders by fostering economic growth
through construction and development activities, enhancing property
values, and potentially generating revenue through taxes and fees.
Additionally, these partnerships can streamline regulatory processes
and facilitate faster project approvals, thereby reducing barriers to
development. Overall, PPPs offer a collaborative solution that