Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index.
Tag: affordable housing
More than 700 residential construction workers discuss housing issues in hill visits
More than 700 builders, remodelers and associates engaged in all facets of residential construction marched on Capitol Hill to call on Congress to take...
Shock to the system
Rising costs shock affordable housing developers followed by high interest rates and volatile construction costs. Developers are dizzy from volatile construction costs and rising...
The affordability conundrum
A recent report by the Urban Land Institute has shined a light on recent growth in renter-by-choice households that is setting the past few...
Builders warn Congress WOTUS rule will raise housing costs
Congress received a first-hand account of how the Biden administration’s new waters of the United States (WOTUS) rule is exacerbating the nation’s housing affordability...
NMHC and NAA urge Congress to deploy tax policy to create more affordable housing...
Tax policy is a critical tool that can be used to address the nation’s housing affordability crisis. National Multifamily Housing Council (NMHC) President Sharon...
Boosting housing production is best way to ease the affordability crisis
The National Association of Home Builders (NAHB) commended Senate Banking Committee Chairman Sherrod Brown (D-Ohio), Ranking Member Tim Scott (R-S.C.) and their fellow committee...
Final WOTUS rule a blow to housing affordability, NAHB tells Congress
With the nation in the midst of a housing affordability crisis and an economy confronting high inflation, the National Association of Home Builders (NAHB)...
Housing affordability falls to more than 10-year low as rising interest rates take a...
Housing affordability fell to its lowest level since the National Association of Home Builders (NAHB) began tracking it on a consistent basis in 2012...
Streamlining inspections of affordable housing in California
The California State Legislature recently passed, and Governor Newsom signed, AB 2006, a bill to eliminate duplication in the inspection of affordable housing projects...
Housing affordability falls to lowest level since Great Recession
Rising mortgage rates, high inflation, low existing inventory and elevated home prices contributed to housing affordability falling to its lowest point since the Great...
Can Biden help housing? White House solution isn’t nearly enough.
At one time or another, every politician—local, state, and federal—promises to help create “affordable housing.” The issue has become especially critical of late with...
Eric Adams addresses housing
The administration of Mayor Eric Adams recently released a plan to address housing issues in New York City . It is called “Housing Our...
More than 600 builders urge Congress to take action to ease the housing affordability...
More than 600 builders from across the nation trekked to Capitol Hill for the National Association of Home Builders (NAHB) 2022 Legislative Conference to...
Costs rising for renters
Rents just hit another all-time high—and that means Americans are spending even more of their paychecks on housing. According to Realtor.com, the U.S. median rental...
Soaring construction costs drop housing affordability to lowest level in a decade
Supply-chain bottlenecks that put upward pressure on home prices along with rising interest rates contributed to housing affordability falling to a 10-year low. And ongoing production...
