Tag Archives: Affordable Housing

HUD Webcast: Using the Historic Tax Credit for Affordable Housing

This webinar from HUD’s Office of Environment and Energy will introduce affordable housing developers, property owners, preservation advocates and others to the federal 20% Historic Tax Credit (HTC). It will provide clarity on program requirements, dispel myths about the program, share successful case studies, and answer questions live from HUD Headquarters. Find out what’s covered by the credit, what properties are eligible, how to combine the HTC with other incentives, common pitfalls to avoid, and where to look for additional... Read more

Providing Well-Placed Affordable Housing in Rural Communities

​The cost of living in rural areas is generally lower than in metro areas, yet many residents of rural cities and towns nevertheless struggle to afford the homes and apartments available in those markets. Furthermore, newly added affordable housing that is built is often located far from jobs, hospitals, grocery stores and schools creating high transportation costs and hardship particularly given that many of these households do not have reliable access to transportation. This toolkit from Smart Growth America examines... Read more

Understanding the Small and Medium Multifamily Housing Stock

​Researchers at Enterprise Community Foundation and the University of Southern California found that small and medium multifamily housing provides 54 percent of the U.S.’s rental housing stock and is home to a majority of low-income households. Located in all types of communities, these properties include more than one in three homes in central cities and more than in one in five suburban homes. This report concludes that policymakers should support the development of financial tools to preserve this type of... Read more

Housing Market Revival is Key to Detroit’s Economic Recovery

A healthy housing market builds current residents’ wealth, attracts new residents, stabilizes neighborhoods, and generates revenue for local government. Although Detroit’s housing market has been plagued by weak demand, an oversupply of aging and dilapidated housing stock, and a lack of sufficient income and access to capital for potential homebuyers, emerging trends and innovative practices are moving the city toward greater economic recovery. Read more... Read more

Thanks to Good Planning, Arlington is Building Over 200 New Affordable Housing Units

Arlington has set ambitious goals to tackle housing affordability, in part by making it easier for developers to build affordable housing in the first place. According to a recent report, Arlington made plans for new affordable units and brought its number of homeless residents down last year even as rents and housing costs went up. Read more... Read more

Baltimore Hopes to Create Model for Safe DIY Artist Spaces

Baltimore’s Bell Foundry, a two-story theater, art venue and live-work space, was shuttered the week after the fire in Oakland claimed the lives of 36 people. Baltimore Mayor Catherine Pugh soon after created a task force to create a network of safe and affordable spaces for Baltimore’s artists. The task force has moved forward quickly, creating three working groups to identify artists’ space needs, study code and regulatory issues, and come up with creative financing options for new development. Read... Read more
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