For any housing solution to sustainably address the inequality faced by marginalized and vulnerable populations, that solution must be scalable. It’s “easy” to house one family. It’s “easy” to include a small handful of affordable housing units in a large residential development project. But a large-scale problem like that of housing inequality requires solutions that are just as feasible for one family as they are for a thousand.
It’s estimated that 3,300 people were experiencing homelessness in Spokane, Washington, last fall–1.5% of the city’s population. At PEER Homes, we want to make sure everyone gets home.
Scalable designs like the The PEER Homes 2×2 Affordable Home make that possible. This ultra-efficient, compact 625ft2 rectangular floor-plan accommodates four adults safely, comfortably, healthfully, and sustainably; and it does so whether it’s built as a single-family residence on its own lot, clustered in a community of cottages, or stacked and staggered into duplexes, triplexes, or high-rises.
Cleverly designed to be inexpensive to build and to use materials and space efficiently, The PEER Homes 2×2 utilizes a single “wet wall” for all plumbing, HVAC, power, and telecommunications. Not only can units be sandwiched together to share utility access, but their long-term maintenance is made simpler and cheaper.
This design delivers scalable density. Using just 0.04 acres–that’s 32’x44′–of land, pairs of sandwiched 2x2s can be stacked as high as desired. A 12-unit, 6-story configuration houses 48 people on just 1,400ft2 of property, all while staying under the 55-foot height limit for zoning areas like Spokane’s Centers and Corridors.
PEER Homes is committed to ensuring all residences can withstand feasibility analysis and produce a reasonable rate of return while collecting only Fair Market Rents (FMR), as defined by HUD’s Office of Policy Development and Research.
Rented at the 2021 FMR of $1,007, these 2-bedroom units are ideal for Spokane Housing Authority Section 8 Housing Choice Vouchers and other forms of housing assistance. Even with a 5% vacancy rate this 12 unit building generates nearly $138,000 per year in rent revenue while remaining affordable and accessible for all.
PEER Homes doesn’t see affordable housing as charity or a write-off. Housing can be both profitable for builders and developers AND affordable and accessible to everyone.