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California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers

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Maxine Waters Proposes Billions to Help Low-Income Homebuyers ldeakins Thu, 06/22/2023 - 12:30 The new proposal aims to significantly expand funding for low-income housing California Representative Maxine Waters introduced three bills on Wednesday that would expand low-income housing and narrow the country’s racial wealth gap.

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A Quarter of American Homeowners Are Considered ‘House Poor'

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are considered “house poor,” meaning they spend more than 30% of their income on housing costs. are considered “house poor,” meaning they spend more than 30% of their income on housing costs. From 2015 to 2019, the percentage of U.S. percent in 2015 to 26.5 percent in 2019.

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How Rent Control May Actually Be Hurting Cost-Burdened Tenants

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Additionally, existing rent regulations in costly metros like New York City often don’t include income tests, meaning that those who actually need rent protection are frequently left without that support, while those who can afford hefty rent hikes are able to easily secure rent stabilized units.

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How Rent Control May Actually Be Hurting Cost-Burdened Tenants

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Additionally, existing rent regulations in costly metros such as New York City often don’t include income tests, so those who actually need rent protection are frequently left without that support, while those who can afford hefty rent hikes are able to easily secure rent-stabilized units.

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SmartAsset: How Much Money Do You Need to Make to Pay Rent in Large American Cities?

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Rising inflation and high interest rates are making housing affordability a challenge for many Americans. Housing costs in larger cities like New York and Los Angeles are getting hit even harder, making the cost of living less than comfortable. Instead, it recommends a rent-to-income ratio of less than 30%. .

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize esorum Thu, 03/16/2023 - 09:09 This year’s finalists in the Construction & Design category include solutions to the labor shortage as well as environmentally friendly building solutions focused on decreasing construction time.

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With Title 42 Set to Expire, NYC Scrambles to Find Migrant Housing

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city with a “right-to-shelter law,” New York City is a popular sanctuary for migrants, but without enough housing units to support a large wave of incomers from the southern border, the city could soon be inundated with asylum seekers in need of emergency housing that doesn’t exist, The New York Times reports.

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