NewsBreak Original

Denver Residents Build Affordable Housing in Backyards through Pilot ADU Program. Denver Housing Authority (DHA) and West Denver Renaissance Collaborative (WDRC) have teamed up with a broad coalition of partners to help homeowners navigate the process of building Accessory Dwelling Units (ADUs). Today the organization showcased one of 14 completed ADUs that has helped stabilize 28 families.

The housing market is undergoing a notable transformation, with home prices experiencing a significant decline across the country, resulting in an upsurge in affordable housing opportunities, according to a report by Fox 5 Atlanta.

I have wondered for some time why people are unable to locate an affordable place to live, despite all the new construction. It is common for housing advocates to claim that the reason for the dearth of housing is that people are moving to California. However, statistical evidence shows that this is untrue. Population statistics show that the Bay Area population has been declining since 2019, and this decline has continued post-pandemic. Per the San Francisco Standard of May 10, 2023, about 7,549,000 people lived in the Bay Area on Jan. 1, 2023, according to estimates from the California Department of Finance , approximately 34,000 fewer residents than January 1, 2022—a nearly 0.5% decrease, and a slightly faster rate of decline compared with the entire state, which shrank about 0.4% in 2022. Alameda County’s population decreased by about 8,100.

DURHAM — After five years in the making, Hardee Street Apartments broke ground Wednesday in Northeast Durham. The affordable rental complex will be completed in early 2025 and is a collaboration between DHIC and Self-Help Credit Union.

The effectiveness of initiatives aimed to address the housing crisis in LA County has come under scrutiny. Affordable housing has become vital given the surging rental and housing rates that have made finding suitable homes a challenge for many. Initiated to offer more affordable housing options, these efforts deserve closer examination.

Council Members Poage, Varenerin and Kingsley respond to feedback on remaining Affordable Housing obligation discussed during the 09/19/2023 Town Council Meeting. I sent an email last night requesting that expressing my displeasure at the Council's response to suggestions made at the meeting to consider other alternatives to Developers in resolving the remaining Affordable Housing Obligation. Below are the responses I received in the order they were received sans the hellos and thank yous. The full email exchange is attached at the end of this article.

The Housing Authority of the City of Little Rock, known as the Metropolitan Housing Alliance (MHA), is facing scrutiny from federal officials over management issues. Following concerns raised by the U.S. Department of Housing and Urban Development (HUD) in August, the five-member board overseeing MHA has committed to addressing these issues. Chairman Lee Lindsey stated that they are prepared to tackle concerns related to audits, finances, expenses, and employment restructuring, as suggested by HUD. However, specific plans were not outlined in the response letter to HUD.

Homelessness is a growing problem for America's aging population. More and more seniors have no place to live. A recent article in the Wall Street Journal from September 12th stated:

South Burlington, VT - In a heartwarming initiative to address Vermont's pressing need for affordable housing, the former Ho-Hum Motel in South Burlington is being transformed into twenty new apartments for individuals transitioning out of homelessness.

A massive residential project in Chicago promises new apartments including affordable housing in three towers. Plans have been unveiled for a mega-development that will bring 1,500 new apartments to the Fulton Market District of Chicago after a megadevelopment was given approval by the Chicago City Council on Thursday. This ambitious project is poised to reshape the area and provide much-needed housing options for residents.

This article was written with the help of AI. In the affable Palmetto State, renowned for its warm weather and southern hospitality, lies a conundrum that hampers its resplendent image — the perennial problem of homelessness. While the issue itself may be visible to anyone strolling down the streets of Columbia or Charleston, its root causes remain enigmatic, often obscured by the mists of social and economic intricacies.

Key change makes Chicago's real estate tax more palatable to council members. Chicago alderman Carlos Ramirez-Rosa (35th Ward) has announced that Mayor Brandon Johnson has secured the necessary council votes to send a proposed transfer tax to the ballot. This move is poised to have far-reaching implications for the city's real estate market.

On September 14, 2023, Los Angeles Mayor Karen Bass announced that more than 40 people had been brought inside from an encampment in Van Nuys as part of the city's Inside Safe program.

Dallas, Texas - Amid an ongoing national housing crunch, the Dallas-Fort Worth area is set to see the construction of roughly 24,000 new apartment units this year, Dallas Metro News reported citing a recent study from RentCafe.

Miami, often seen as a paradise with its beautiful beaches and vibrant culture, is also grappling with a less picturesque reality — an affordable housing crisis. In an attempt to address this pressing issue, the City of Miami has embarked on a unique strategy: building and selling single-family homes at a loss. In this blog, we’ll explore the city’s ambitious endeavor, its implications, and the mixed opinions it has generated.

Denver Housing Authority Announces Lottery Opening. Affordable housing lottery opens for online applications September 21 and 22, 2023. Denver Housing Authority (DHA) is opening its 2024 Housing Choice Voucher (HCV) Lottery, for 48 hours on September 21 and September 22, 2023.

California has allocated a staggering $17.5 billion over four years to tackle homelessness. Paradoxically, during this same period from 2018 to 2022, the state's homeless population has not only persisted but surged.

Morris County residents can explore multiple affordable rental options and financial assistance programs. Parsippany-Troy Hills Township has rolled out new options for affordable housing, featuring a range of rental properties and financial assistance programs designed to ease homeownership and renting for Morris County residents.

Housing market trends raise concerns for Chicago sellers. A recent analysis of the housing market has revealed that home sellers in Chicago are twice as likely to lose money on their property sales compared to the national average. This concerning trend has raised questions about the health of the real estate market in the Windy City.

Gwinnett County officials have announced plans to allocate up to $18 million from the Affordable Housing Development Fund towards the provision of affordable housing in the region. The funding will be made available through several channels, including the American Rescue Plan Act, the Emergency Rental Assistance Program, the HOME Investment Partnerships Program, and local and state fiscal recovery funds. The ultimate goal is to enhance and sustain affordable housing developments in Gwinnett County, benefiting families earning less than 65% of the area's median income.