Pro Builder
NOVEMBER 16, 2020
More than 40% of renters pay more than a third of their income on housing costs, meaning affordability typically affects renters more than it would homeowners, according to Smart Asset. Both Los Angeles and Washington, DC tied for number three. Between 2016 and 2019, rent as a percentage of income fell by almost 8%.
Pro Builder
SEPTEMBER 29, 2020
FHA mortgages are catered to borrowers who may be first-time, minority, or lower-income, Realtor.com says. Houston has the second highest number of delinquent FHA loans, followed by Chicago, Washington, DC, and Dallas. Atlanta’s metro region has the most delinquent mortgages—53,000 to be exact.
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Pro Builder
APRIL 1, 2021
Millennials are no longer flocking to bustling cities such as New York, Los Angeles, and Chicago. The second-largest outflow came from Chicago, with a net decrease of more than 11,000 millennials. States with no income tax. Millennials Flock to West and South Regions. cbroderick. Thu, 04/01/2021 - 10:07.
BD+C
DECEMBER 18, 2023
Our respondents come from cities in four global regions: North America (Atlanta, Austin, Charlotte, Chicago, Dallas, Denver, Los Angeles, Miami, New York, San Diego, San Francisco, Seattle, Toronto, and Washington, D.C.), Income level creates the most variation in agreement for this statement.
Pro Builder
AUGUST 10, 2021
Low-income borrowers — who often, but not always, use federally backed programs including low down payment loans backed by the Federal Housing Administration (FHA) to help them secure a home — may be particularly vulnerable, with less savings and monthly cash flow to work their way out of forbearance. Baltimore; Riverside, Calif.;
BD+C
AUGUST 9, 2016
In recent years, cities including New York, Chicago, Washington, D.C., In New York, the city eliminated parking requirements for low-income, “inclusionary” (with some units going to low- or middle-income families), and affordable senior housing developments that are within a half-mile of mass transit. Portland, Ore.,
BD+C
SEPTEMBER 25, 2023
Eleven million people in this country are paying more than half of their income for rent, and these are low-income people,” says Richard Burns, CEO of the NHP Foundation, a national not-for-profit provider of affordable housing. Affordable housing is housing built for people who earn 80% or less of the area median income (AMI).
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