The Affordable Housing Gap Leaves Low-Income Renters without OptionsThe Urban Institute recently released a report highlighting a significant gap in the amount of...Gunderson, Anne
Friday December 6, 2024 A unanimous vote by the Martha’s Vineyard Commission has cleared the way for a mixed-income subdivision in Edgartown that reserves building lots and an apartment duplex for deed-restricted purchase by year-round Islanders. Read More Meshacket Commons Housing Development ...
Our housing shortage and housing affordability crises are the result of decades of limited housing production. For more than 40 years, job growth has outpaced housing growth, leaving more and more New Yorkers with fewer and fewer options for where to live. When more people need homes than are...
Those affordable housing units were built with the Low-Income Housing Tax Credit, or LIHTC, a federal program established in 1986 that provides tax credits to developers in exchange for keeping rents low. It has pumped out 3.6 million units since then and boasts over half of all federally supp...
Without a radical freeing-up of land use at the periphery, creating aggressive competition between development options in cities and those at the margins, simply allowing a bit more densification will not bring land prices down. It may even bid up the prices of some sections, now able to be...
The options of housing for residents are multiple, but their access to social housing is strictly limited to a certain group with local hukou registration or working in stated enterprises. In this case, the work units or local governments act as the judge and are the ones responsible for ...
Participants could select from the following options: “my own room/apartment/home that I rent or own”, “my own room apartment/home that is supported/subsidized housing”, “my own room/apartment/home that is single room occupancy (SRO)”, “I’m permanently living in a family or ...
The structure of housing co-ops varies, depending on the specific jurisdiction of its location. In the U.S. and Canada, the most popular options include: Market Rate Co-ops: Allows co-op members to buy and sell shares at whatever rate the market will bear. ...
longtime resident of Hillside Villa, watches as her granddaughter feeds fish in their apartment in Los Angeles, Tuesday, Oct. 1, 2024.Jae C. Hong / APThose affordable housing units were built with the Low-Income Housing Tax Credit, or LIHTC, a federal program established in 1986 that ...
The availability of Section 8 Senior Housing means that there are more affordable senior housing options for those at a lower income level than in the past and for those who have no other affordable living options. However, there is also a perceived downside to this program. Consequently, many...