The Suit - - News -

Hous­ing costs vary greatly across the United States, but a se­ri­ous lack of af­ford­able hous­ing af­fects low-in­come and low-wage work­ers in ev­ery cor­ner of the coun­try. Ac­cord­ing to the Na­tional Hous­ing Trust Fund, in or­der to close the gap be­tween the swollen de­mand for af­ford­able hous­ing and the limited sup­ply, the U.S. would need to add 4.5 mil­lion units af­ford­able to ex­tremely low in­come house­holds.

At first blush, that sounds like a daunt­ing task. But, “with fund­ing and cre­ativ­ity, any­thing is pos­si­ble,” Thomas E. Nutt-Pow­ell, owner of Cap­i­tal Needs Un­lim­ited, told “The Suit.”

Based in Brook­line, MA, Cap­i­tal Needs Un­lim­ited is a con­sor­tium of na­tional plan­ning and de­vel­op­ment ex­perts ded­i­cated to pro­vid­ing fully-in­te­grated long-term com­mu­nity so­lu­tions. Work­ing hand-in-hand with clients, Cap­i­tal Needs Un­lim­ited as­sists in the ar­eas of com­mu­nity de­vel­op­ment, hous­ing and com­mu­nity trans­for­ma­tion, lever­aged fi­nanc­ing, mixed in­come com­mu­ni­ties, cap­i­tal needs as­sess­ment and as­set man­age­ment.

The highly spe­cial­ized and ac­claimed Nutt-Pow­ell is a na­tion­ally renowned plan­ning pro­fes­sional with nearly three decades of ex­pe­ri­ence in the pub­lic, as­sisted and con­ven­tional hous­ing mar­kets. Nutt-Pow­ell has served on the fac­ulty of MIT’s pres­ti­gious School of Ar­chi­tec­ture and Plan­ning, where he headed the Master in City Plan­ning pro­gram. He also di­rected the Man­u­fac­tured Hous­ing Re­search Pro­gram of the Har­vard-MIT Joint Cen­ter for Ur­ban Stud­ies. In ad­di­tion, Nutt-Pow­ell has worked with agen­cies in some of the coun­try’s most dev­as­tated hous­ing mar­kets in­clud­ing Detroit, Las Ve­gas, Pitts­burgh, At­lanta, Chicago, Wash­ing­ton, DC, Bos­ton, Phoenix and East St. Louis.

Nutt-Pow­ell ex­plained, “I like pro­vid­ing prac­ti­cal and sus­tain­able so­lu­tions to­day for to­mor­row’s press­ing hous­ing needs. The key is to get the com­mu­nity to work to­gether to support qual­ity, healthy neigh­bor­hoods with a range of hous­ing op­tions so that fam­i­lies of all in­come lev­els have an op­por­tu­nity to thrive. But our job doesn’t stop there. Also im­por­tant is to help peo­ple tran­si­tion from renters to home-own­ers. Many have no idea how to han­dle things like a drip­ping faucet or run­ning toi­let.”

With so much left to do and so many ideas still to share, the ac­com­plished Nutt-Pow­ell, says his great­est suc­cess is yet to come.

We all have to live some­where. Thanks to Nutt-Pow­ell, scores of peo­ple now ac­tu­ally do have some­where nice to live that they can af­ford.


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