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
RealPage reports rent-to-income ratio flip
RealPage reported this month that wages are outpacing rents by a widening margin. Moody's Analytics tells a much different tale. After reporting...
FHFA Accepting Membership Applications for its Advisory Committee on Affordable, Equitable, and Sustainable Housing
On September 13, the Federal Housing Finance Agency (FHFA) announced it will begin accepting membership applications for its Federal Advisory Committee on Affordable, Equitable,...
A changing housing market has led to the rise of “attainable” housing brands
It’s no secret that housing costs have gone up in the last few decades—a lot. Buying a home has become extremely expensive in many...
Rising mortgage rates and home prices put a damper on housing affordability
Rising home prices and interest rates coupled with elevated construction costs, low existing inventory and solid demand resulted in a significant decline in housing...
NMHC encouraged following HUD meeting on expanding housing supply
Yesterday, NMHC President Sharon Wilson Géno participated in a roundtable discussion with HUD leaders, housing providers and other housing stakeholders on policy solutions to...
Costa Mesa adds housing through rehabs
As part of a statewide initiative to remediate its housing shortage, the state of California has mandated that the city of Costa Mesa zone...
Housing affordability posts solid gain but still much lower from a year ago
Solid nominal wage gains (unadjusted for inflation) combined with lower mortgage rates and home prices helped to boost housing affordability at the start of...
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...