Tag: affordable housing
Failed Condominium Project Paves Way for Workforce Housing in Atlanta
The Lofts at Reynoldstown Crossing in Atlanta emerged from a failed upscale condominium development on the site of the old Triumph Lofts motorcycle parts factory. The result: 25 workforce-priced units, three community land trust units and a market-rate penthouse, along with a 25-year plan to revitalize the surrounding area through multimodal transportation, recreation and housing development.
Workforce Housing Project Revitalizes Urban Neighborhood
The mission of Oxford Mills was to create a vibrant, synergistic, education-based community of teacher housing and nonprofit organizations. Ninety of the apartments are rented to residents earning up to 80 percent AMI, with 68 of those reserved for area teachers.
Colorado Town Addresses Housing Affordability Through Intensive Planning and Development
Communities can enhance affordability with a comprehensive planning and development framework. The Peak One development in the town of Frisco, Colo., provides a strong example.
State and Local Partnerships Expand Affordable Housing Options in Connecticut
Ferry Crossing was the first affordable housing development completed under the Connecticut’s Housing for Economic Growth program. The development — a joint venture project to create 16 affordable rental units — was created under a partnership between the Town of Old Saybrook, local nonprofit HOPE Partnership and regional nonprofit Women’s Institute for Housing and Economic Development. The state’s Housing Connections of Connecticut program also helped with capacity building.
Local Association Urges State to Address Region’s Housing Shortage
Affordable housing has been an ongoing concern across the United States, but has hit high-growth metropolitan areas such as San Francisco and Seattle particularly hard. The Master Builders Association of King and Snohomish Counties calls for greater action by Washington State to address affordable housing issues.
Last Chance to Register: Affordable Housing Income Requirements Webinar
Housing Credit Certified Professionals won’t want to miss the Friday deadline to register for a free webinar, Income Verification Requirements for Affordable Housing Programs.
Virginia Builders, County Make Progress on Housing Affordability
The HBA of Virginia and NAHB teamed up with local government officials in an effort to solve a county-wide housing affordability crisis.
Sen. Warren to Introduce Housing Affordability Bill
Sen. Elizabeth Warren (D-Mass.) is expected to introduce the American Housing and Economic Mobility Act Sept. 26, legislation the senator says is designed to bring down costs for renters and buyers alike.
Democrats Introduce Several Tax Bills Focusing on Affordable Housing
In the final days prior to the start of the traditional August congressional recess, Democrats in the House and Senate have put the spotlight on the affordable rental housing crisis by introducing a number of new bills.
Senate Panel Approves $1.8 Billion Budget Increase for HUD
The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]
