Giving Compass' Take:

• A new housing nonprofit called New Story that is completing plans to 3D print houses in the developing world. Fast Company shows what they could look like.

• Can innovations like this help with the affordable housing crisis? How can 3D printed neighborhoods be effective and useful in other parts of the world? 

• Here are some other innovative uses for 3D printing. 

This summer, massive 3D printers will begin building homes in the world’s first community of its kind–designed not for the usual early adopters of technology but for some of the world’s poorest people, who currently live without safe shelter in Latin America. New Story, the nonprofit behind the new neighborhood, released a new video today that shows renderings of the layout of the homes, which were designed in collaboration with the local community and Yves Béhar’s Fuseproject.

The frame of the small houses, which can be configured to accommodate different family sizes, can be 3D printed in less than a day. It’s a way both to tackle the problem of housing more quickly–more than a billion people currently live without safe shelter, according to the nonprofit–and at a lower cost than traditional building. New Story says that the houses will be more affordable than the standard low-cost homes it currently builds in the developing world, which cost around $7,000.

Read the full article about the world's first 3D-printed neighborhood by Adele Peters at Fast Company.