The supply of low-cost rental apartments fell by 3.9 million units over the last decade and in every state, the Harvard Joint Center for Housing studies reported.
Tag: Affordable Housing
MBA Launches Upgraded CONVERGENCE Site
The Mortgage Bankers Association announced a revamped version of the CONVERGENCE section of its website, aiming to benefit its members and a broader audience.
Zillow: Fix Zoning to Improve Housing Affordability
Zillow, Seattle, said relaxing zoning rules would rank among the best ways to address the nation’s ongoing housing affordability crisis.
Housing Market Report: Sellers Retreat; Million-Dollar Homes, Affordable Homes Decrease
In today’s housing market reports, Black Knight, Jacksonville, Fla., said sellers continue to back away amid rising interest rates; and Redfin, Seattle, said inventory of homes at both ends of the spectrum have become less available.
#MBACREF23: Solving America’s Affordable Housing Supply Challenge
SAN DIEGO–The persistent affordable rental housing shortage is growing worse as rents rise faster than incomes in many places, industry practitioners said here at the MBA Commercial/Multifamily Finance Convention & Expo.
#MBACREF23: Solving America’s Affordable Housing Supply Challenge
SAN DIEGO–The persistent affordable rental housing shortage is growing worse as rents rise faster than incomes in many places, industry practitioners said here at the MBA Commercial/Multifamily Finance Convention & Expo.
A Critical Juncture for Affordable Housing
The affordable housing market sits at a “critical juncture” as heightened housing demand and soaring inflation challenge low-income households, reported Arbor, Uniondale, N.Y.
FHFA to Establish Federal Advisory Committee on Affordable, Equitable, Sustainable Housing
The Federal Housing Finance Agency on Tuesday announced its intent to establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing.
Ginnie Mae Outlines Plan to Fight Housing Costs, Boost Housing Supply
Ginnie Mae on Wednesday said it will take on a larger role in HUD’s efforts to fight rising housing costs and boost housing supply, releasing a Fact Sheet outlining its efforts to drive liquidity toward equitable and affordable housing.
Treasury Department Issues Guidance to Increase Affordable Housing Supply
The Treasury Department issued new guidance Wednesday to increase state, local and tribal governments’ ability to use American Rescue Plan funds to increase affordable housing. The Mortgage Bankers Association commended the Biden administration for its commitment to addressing the ongoing housing shortage.