Public, Private, or In-Between? The Legitimacy of Social Enterprises in the Housing Market

Blessing, Anita

doi:10.1007/s11266-013-9422-1

Cited by 19 publications

(9 citation statements)

References 26 publications

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“…Italian housing policies have shifted from central state provision towards a multi-level local governance organized into partnerships between regions, municipalities, third-sector and private investors since the turn of the new millennium [12]. The changing roles of private not-for-profit housing associations in English and Dutch housing provision are also explored, revealing that aspects of the work and identity of housing associations shift between public and private domains [13].…”

Section: Literature Reviewmentioning

confidence: 99%

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Chen

et al. 2016

Sustainability

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Abstract:In recent years, Chinese governments have launched ambitious plans in developing public rental housing (PRH), which are almost impossible to accomplish without the involvement of the private sector. Yet, very few quantitative studies have been carried out to evaluate the financial sustainability of PRH projects in China, especially from the perspective of the private sector. This knowledge gap is bridged through the evaluation of the financial sustainability of a hypothetical privately owned PRH project in Nanjing, China as a case study, utilizing data of a state-owned PRH project and the classic discounted cash flow method. The results indicate that the studied project is financially infeasible, which means that private companies would not be willing to participate in the provision of public rental housing, if they merely focus on profits. Then, the most cost-effective optimization measure of the studied case is quantitatively selected from four possible optimization scenarios, leading to a financial balance. This paper presents the current financial status of Chinese PRH projects, thereby providing policy makers with useful references to effectively accelerate the private sector's provision of PRH in China.

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Section: Literature Reviewmentioning

confidence: 99%

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Chen

et al. 2016

Sustainability

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“…They were designated as not-for-profit organisations, receiving no direct subsidies but with access to state-backed loans (Aalbers, Van Loon, & Fernandez, 2017;Ekkers & Helderman, 2010;Van Gent, 2010a). While the sector had continued to build and renew social housing vigorously CONTACT Wouter van Gent w.p.c.vangent@uva.nl; Cody Hochstenbach c.hochstenbach@uva.nl after this deregulation, reports of mismanagement and criminal behaviour severely undermined reputations, leading to a crisis of moral legitimacy (Blessing, 2015). This crisis came to a head in 2011, when the Dutch State bailed out the Vestia housing association for over 2 billion Euros after it (mis)speculated in derivative markets (see Aalbers et al, 2017).…”

Section: Introductionmentioning

confidence: 99%

The neo-liberal politics and socio-spatial implications of Dutch post-crisis social housing policies

Gent

Hochstenbach

2019

International Journal of Housing Policy

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This review discusses changes in Dutch housing policy that were implemented after the great financial crisis of 2008, notably the 2015 Housing Act and its lead-up legislation, and a landlord levy aimed at taxing housing associations. We argue that these changes should be seen as a decade-long process of institutional re-regulation that may be characterised as neo-liberalisation. In addition to reviewing the neo-liberal politics of these changes, we also provide an assessment of the social and spatial implications of the new legislation. Financial pressures on housing associations and higher income tenants together with the stricter eligibility for new tenants have led to a relative decline and residualisation of the social-rental sector. Also, housing policies are set to increase the spatial concentration of disadvantaged population groups. These socio-spatial implications may further undermine social housing in the future.

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“…Regarding the former, the emergence of so-called "hybrid" organizational forms in civil society receives particular attention in the literature. A prominent example of this is the emergence of social enterprises in civil society (Dart, 2004), such as in the domains of work integration and housing (Kuosmanen, 2014;Blessing 2015). The emergence of such enterprises is explained as the result of changing norms and values in the institutional environment, specifically the growing importance of effectiveness and professionalism in civil society.…”

Section: Prominence Of Legitimacy As Propertymentioning

confidence: 99%

Civil Society Organizations: the Site of Legitimizing the Common Good—a Literature Review

Egholm

Heyse

Mourey³

2019

Voluntas

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Public, Private, or In-Between? The Legitimacy of Social Enterprises in the Housing Market

Cited by 19 publications

References 26 publications

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

Evaluation and Optimization of the Financial Sustainability of Public Rental Housing Projects: A Case Study in Nanjing, China

The neo-liberal politics and socio-spatial implications of Dutch post-crisis social housing policies

Civil Society Organizations: the Site of Legitimizing the Common Good—a Literature Review

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