Access to affordable, quality housing is associated with a variety of positive economic and social outcomes. But historically, affordable housing has been out of reach for many.
Liberty Lodge will be renovated and turned into 38 one-bedroom and studio apartments.
Homeownership is becoming less and less attainable due to rising home prices. But while the cost of homeownership is high, renters often face an even heavier financial burden.
Since the first major outbreak in March 2020, the effects of the COVID-19 pandemic have continued to unfold. One emerging trend is a drop in rent prices in select major metropolitan areas.
In many cities, construction workers—the people building the new supply of homes—are being priced out of the housing market.
Some cities have experienced much larger increases in rent, but income has not kept pace. The current economic downturn caused by the pandemic has made it even more difficult for many people to afford their rent payments each month.
Investment in single-family homes has been on the decline for several decades. However, migration shifts and urban density concerns brought about by the COVID-19 pandemic could reverse this trend in the future.
The mass transition to remote work during COVID-19 is reinforcing a trend that has been gaining momentum in recent years—namely, many people fleeing expensive cities in favor of more affordable locations.
While the pandemic has resulted in financial hardship for many Americans, housing affordability has been a persistent issue in several parts of the country due to the rise in rental costs outpacing wage growth.
ATLANTIC CITY — New regulations for short-term rental properties were adopted by City Council, and officials believe they will create a revenue stream and allow for greater local control.
BAYARD — Rod Russell has been a builder his whole life, but rather than maintaining the status quo of building methods, he challenged himself 28 years ago. His goal is to develop a better, more efficient way to build houses.
His recent experience as a resident of Bayard - a community struck by a tornado last month - has deepened his devotion to his cause.
He’s launched a new company, Millennium Resilient Housing (MR Housing for short), a name inspired in part by the longevity of Roman concrete structures, which have stood the test of time for roughly 2,000 years. The first components of his patent-pending precast concrete construction method rolled off the assembly line the week of June 1. Russell said the materials he uses and his finished product are virtually disaster-proof, a detail he aims to certify with the completion of a survivability test at Texas Tech in the coming months.
ASPEN, Colo. (AP) — Pitkin County is buying a trailer park to help maintain affordable housing in the community.
BEATRICE, Neb. (AP) — The first home in Beatrice built by Nebraska inmates is in its final stages.
LOVELAND, Colo. (AP) — Colorado is investing in a $50 million plan to find affordable housing for artists in rural communities.
The Gering City Council did not approve a counter offer and stuck to its guns Monday night regarding the purchase agreement for an affordable …
Barriers to constructing affordable housing need to be evaluated in communities needing more affordable housing, an official with U.S. Departm…