Combined economic and social impact assessment of affordable housing investments

Susanna Kunttu, Minna Räikkönen, Teuvo Uusitalo, Teppo Forss, Josu Takala, Sara Tilabi

    Research output: Contribution to journalArticleScientificpeer-review

    Abstract

    A method combining economic evaluation and social impact assessment creates information that can be applied when making decisions about a new tenement building or renovation of existing buildings. The aim of the economic evaluation is to ensure that economic aspects are adequately considered and investment is realizable from a monetary point of view. Social impact assessment reveals intangible pros and cons related to an investment or investments to be considered. This paper presents a framework that combines economic and social aspects and supports decision making related to affordable housing.
    Original languageEnglish
    Pages (from-to)85-93
    JournalRISUS: Revista de Inovação e Sustentabilidade
    Volume8
    Issue number3
    Publication statusPublished - 2017
    MoE publication typeA1 Journal article-refereed

    Keywords

    • decision-making
    • investment
    • affordable housing
    • impact assessment
    • economic
    • social

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