Tag: housing affordability

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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NAHB Leaders Bring a Housing Agenda to Capitol Hill

Filed in Capitol Hill, Leadership by on March 8, 2019 0 Comments
NAHB Leaders Bring a Housing Agenda to Capitol Hill

NAHB Chairman Greg Ugalde and First Vice Chairman Dean Mon conducted two days of meetings this week with Republican and Democratic leaders on Capitol Hill to urge lawmakers to address growing housing affordability concerns and keep housing in the forefront of the national agenda.

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Home Prices are the Principal Barrier to Homeownership

Filed in Economics, Housing Trends by on February 18, 2019 1 Comment
Home Prices are the Principal Barrier to Homeownership

A recent Eye on Housing blog post revealed that 58% of buyers actively searching for a home to buy in the fourth quarter of 2018 have been looking unsuccessfully for at least three months. Find out why it is it taking these buyers so long to pull the trigger.

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Housing Affordability is an Issue for All Age Groups

Filed in Economics, Housing Trends by on February 11, 2019 8 Comments
Housing Affordability is an Issue for All Age Groups

NAHB’s latest quarterly Housing Trends Report shows that prospective home buyers in all age categories are wrestling with affordability issues.

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Arkansas Senate Overwhelmingly Passes Housing Affordability Bill

Filed in Construction Industry, Homeownership by on February 7, 2019 0 Comments
Arkansas Senate Overwhelmingly Passes Housing Affordability Bill

At the urging of local citizens and the housing community, the Arkansas Senate yesterday passed SB 170, legislation that would prevent cities and counties from regulating building design that would needlessly raise the cost of housing.

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NAHB Commends State of the Union Proposal on Infrastructure

Filed in Capitol Hill by on February 6, 2019 0 Comments
NAHB Commends State of the Union Proposal on Infrastructure

While NAHB supports increased infrastructure spending, First Vice Chairman Greg Ugalde, who attended the event at the U.S. Capitol, also called on policymakers to address mounting housing affordability concerns.

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Housing Affordability Edges Lower in the Third Quarter

Filed in Economics by on November 8, 2018 0 Comments
Housing Affordability Edges Lower in the Third Quarter

A modest increase in interest rates and home prices kept housing affordability at a 10-year low in the third quarter of 2018, according to the NAHB/Wells Fargo Housing Opportunity Index (HOI) released today.

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Prop 10 a Bad Deal for Affordable Housing Advocates

Filed in Codes and Regulations, Multifamily by on October 9, 2018 0 Comments
Prop 10 a Bad Deal for Affordable Housing Advocates

Californians will be faced with more than just candidates for local and national office when they vote Nov. 6: They’ll also have to decide whether to repeal the state’s 23-year-old Costa-Hawkins law.That measure limits local jurisdictions’ ability to impose rent controls.

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Ivory Homes Launches Affordable Housing Prize

Filed in Business Management, Housing Trends, Multifamily, NAHB Cares by on September 21, 2018 0 Comments
Ivory Homes Launches Affordable Housing Prize

A Utah home builder and NAHB member is spearheading an effort to generate innovative solutions to the nationwide crisis in affordable housing – and offering prizes totaling $200,000 to the top entries.

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Housing Affordability Hits 10-Year Low in 2nd Quarter

Filed in Economics by on August 9, 2018 1 Comment
Housing Affordability Hits 10-Year Low in 2nd Quarter

Only 57.1% of new and existing homes sold between the beginning of April and end of June were affordable to families earning the U.S. median income of $71,900. Housing affordability is at its lowest reading since mid-2008.

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