Tag: affordable housing

State and Local Partnerships Expand Affordable Housing Options in Connecticut

Filed in Affordability by on March 13, 2019 0 Comments
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.

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Local Association Urges State to Address Region’s Housing Shortage

Filed in Codes and Regulations, Housing Finance, Multifamily by on January 30, 2019 0 Comments
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.

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Last Chance to Register: Affordable Housing Income Requirements Webinar

Filed in Councils & Committees, Education by on October 25, 2018 0 Comments
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.

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Virginia Builders, County Make Progress on Housing Affordability

Filed in Codes and Regulations, Land Development by on October 2, 2018 0 Comments
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.

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Sen. Warren to Introduce Housing Affordability Bill

Filed in Capitol Hill by on September 25, 2018 17 Comments
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.

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Democrats Introduce Several Tax Bills Focusing on Affordable Housing

Filed in Capitol Hill by on August 16, 2018 5 Comments
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.

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Senate Panel Approves $1.8 Billion Budget Increase for HUD

Filed in Capitol Hill, Housing Finance, Multifamily by on June 8, 2018 0 Comments
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 […]

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New Democrat Coalition Calls for Building Millions More Housing Units

Filed in Capitol Hill, Codes and Regulations by on June 6, 2018 4 Comments
New Democrat Coalition Calls for Building Millions More Housing Units

The New Democrat Coalition, a group of moderate House Democrats, has released a white paper seeking to find a solution to chronic problems facing the housing industry.

The report, entitled “Missing Millions of Homes,” says its goal is clear: “We need to build millions of more housing units.”

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‘Workforce Housing’ Projects Help Ease Affordability Concerns

Filed in Economics, Multifamily by on May 9, 2018 0 Comments
‘Workforce Housing’ Projects Help Ease Affordability Concerns

Nowhere in the United States can a person working a full-time minimum wage job afford to rent a market-rate two-bedroom apartment. One solution is to increase the amount of what many refer to as “workforce housing.”

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Missed Opportunity for LIHTC on Budget Accord

Filed in Capitol Hill, Multifamily by on March 22, 2018 1 Comment
Missed Opportunity for LIHTC on Budget Accord

Republican and Democrat leaders struck a deal yesterday on a $1.3 trillion omnibus spending package that missed a golden opportunity to significantly strengthen the Low Income Housing Tax Credit program.

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