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

Pro Builder

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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Campus builder: Everett University Center at Washington State University

BD+C

As the anchor building of a new branch campus for Washington State University, the 95,000-sf Everett University Center plays a crucial role in providing STEM-based baccalaureate and graduate programs to the North Puget Sound region. The facility is the inaugural building of a master-planned campus.

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America’s Up-And-Coming Boom Towns

Pro Builder

Of SmartAsset’s 50 fastest growing metropolises in the nation, six Northwestern cities finished in the top 10, according to The New York Times , though Murfreesboro, Tennessee came out on top thanks to its minuscule unemployment rate and fast-growing median household income. But the city that came out on top was Murfreesboro, Tenn.,

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Homebuilders Keep a Steady Pace as the Market Cools

Pro Builder

On the contrary, builders remain profit-motivated, and rather than slowing down new construction rates, many of the nation’s top builders are instead finding ways to produce more affordable homes for a more cost-conscious consumer base, The Washington Post reports.

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The Most and Least Affordable Cities for Renters

Pro Builder

When housing costs should account for 30% of income, it can be difficult to keep up in areas where the rent-to-income ratio is high. SmartAsset’s analysis reviewed income and rents across the country’s largest 25 cities to find the most and least affordable cities for renters. Income needed varies by more than a factor of four.

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Rents Keep Rising in U.S. Metros, Pushing Affordability Out of Reach for Millions

Pro Builder

Average national rents rose 14% in 2021 to $1,877 a month, The Washington Post reports, and the Federal Reserve is eyeing an additional 10% price increase in the coming year. billion Emergency Rental Assistance program to help residents in cities like Washington, D.C. Housing costs make up a third of the U.S. Affordability.

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Washington State Broadens Construction Shutdown Order

ENR Construction

All commercial and residential construction will halt, with exceptions for low-income housing and work related to critical infrastructure.