Affordability

Vast Majority of Americans Cite Growing Housing Affordability Problem As a Crisis

Filed in Affordability by on September 10, 2019 3 Comments
Vast Majority of Americans Cite Growing Housing Affordability Problem As a Crisis

Four out of five American households believe the nation is suffering a housing affordability crisis, and at least 75%  report this is a problem at the state and local level as well, according to a new nationwide survey conducted by Morning Consult on behalf of NAHB.

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NAHB Continues to Push Back Against Rent Control

Filed in Affordability, Codes and Regulations, Multifamily by on September 6, 2019 3 Comments
NAHB Continues to Push Back Against Rent Control

Rent control legislation is being considered in California that will exacerbate housing shortages and drive up rents.

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Why a ‘Ban’ on Single-Family Zoning Could Be a Good Thing

Why a ‘Ban’ on Single-Family Zoning Could Be a Good Thing

Recently, the state of Oregon has moved to use the power of policy to influence housing affordability, diversity and flexibility. In what some are calling an effective ban on single-family zoning, the state is requiring that multifamily units be allowed on land previously reserved just for single-family homes.

A recent report from NAHB illustrates how innovative land-use policies that encourage the development of housing, such as Oregon’s legislation, promote greater housing affordability and meet the varied needs of an increasingly diverse home-buying population. 

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How to Think Big and Build Small to Address Housing Demand

Filed in Affordability, Education, Multifamily by on August 21, 2019 1 Comment
How to Think Big and Build Small to Address Housing Demand

Housing affordability is a growing concern to NAHB members and the communities they serve. NAHB Multifamily will present a webinar on Sept. 11 that will explore “missing middle housing,” a concept that describes housing types that range in scale from duplexes to bungalow courts and mansion apartments.

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Downtown Revitalization Includes Upscale Affordable Housing Development

Filed in Affordability, Design, Land Development by on August 20, 2019 0 Comments
Downtown Revitalization Includes Upscale Affordable Housing Development

The Fresno Housing Authority has sought to play a critical role in driving community revitalization by creating and renovating quality affordable housing, including the development of CityView @ Van Ness. The new development produced 45 units of affordable housing for entry-level workforce households.

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Help Lift Housing By Bringing Material Costs Down

Filed in Affordability, Trade by on August 15, 2019 1 Comment
Help Lift Housing By Bringing Material Costs Down

The United States-Mexico-Canada-Agreement (USMCA) holds the potential to boost the housing economy and reduce price volatility for building materials. Take action now and ask your member of Congress to ratify the USMCA.

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Why Lower Interest Rates are Not Boosting the Housing Market

Filed in Affordability, Economics, Housing Finance by on August 8, 2019 3 Comments
Why Lower Interest Rates are Not Boosting the Housing Market

Recent jolts to the economy stemming in part from an intensified trade war with China have worried markets and resulted in a significant decline in interest rates as investors have shifted from equity to bonds. Lower interest rates present an opportunity for the housing market, which has failed so far to respond energetically to this positive development due to prior housing affordability headwinds.

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NAHB Announces Delay in the Production of the Housing Opportunity Index

Filed in Affordability, Economics by on August 8, 2019 0 Comments
NAHB Announces Delay in the Production of the Housing Opportunity Index

The scheduled second quarter release of the NAHB/Wells Fargo Housing Opportunity Index (HOI), which measures housing affordability in more than 200 metropolitan areas across the nation, will be delayed for three months because key government data used to calculate the index is no longer available.

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‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Filed in Affordability, Awards, Multifamily by on August 6, 2019 4 Comments
‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Repurposing a 1.5 million-square-foot decaying building that’s been abandoned for decades and is too expensive even to demolish may seem like an impossible task. Yet a group of non-profit organizations in Memphis tackled this feat by turning a 1927 vintage Sears distribution center into a “vertical urban village” that includes resources for the arts community, for education, and for health and wellness services.

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Video: NAHB Chairman Updates Members on Senate Testimony from Fed Chairman

Filed in Affordability, Capitol Hill, Chairman's Update by on August 2, 2019 0 Comments
Video: NAHB Chairman Updates Members on Senate Testimony from Fed Chairman

In this month’s video update to members, NAHB Chairman Greg Ugalde shares a recent example of the influence NAHB has in Washington.

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