Tag Archives: 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

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

Creating Diverse Housing Opportunities in Lansing

Smart growth is about recognizing and understanding the various facets of a vibrant community and how to achieve and maintain a balance among them. The Greater Lansing Association of Realtors along with other community leaders are working to assure ample homeownership opportunities in communities with efficient transportation, good schools, and open space exist in mid-Michigan. 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

The Year in Housing: The Middle Class Can’t Afford to Live in Cities Anymore

There’s a battle playing out on a neighborhood level in every growing city in America: between those who want to keep property values high, and those who want the chance to live in the cities that have the best economic prospects. The casualties in this war are mostly the middle class. In 2016, rents continued their years-long rise, incomes stratified further, and the average price to buy a home in major US cities rose. The strain pushed the middle class... Read more
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