- The Center for American Progress has released a report The Uneven Housing Recovery which includes an interactive map the report analyzes the problem of negative equity, which grew out of the financial crisis and concludes that the lack of recovery in some areas, mostly non-metropolitan and rural, creates a risk of foreclosure and threatens to exacerbate the rental affordability crisis.
- Corelogic has released its latest Home Price Index it shows that there has been a 4.7% increase in home prices in September.
- HOME Coalition has released a report Building HOME which highlights the success of the HOME Investment Partnership Program by analyzing its impact in all 50 states, it also includes over 100 success stories. Enterprise Community Partners is hosting webinars in their effort to #saveHOME.
- MakeRoom’s November Living Room Concert was hosted in the home of Devin Hallford in Denver, Colorado, where rent has increased 50% since 2010. Devin is an aspiring artist and restaurant worker struggling to find an affordable place to live and pay back student loans. American Author’s performed a concert in Devin’s cramped living space to draw attention to the affordable housing crisis. MakeRoom has also released an interactive map which illustrated the rising trend of Millenials living with roommates later in life.
Tag Archives: rent affordability crisis
Thursday’s Advocacy & Think-Tank Round-Up
- Corelogic’s National Foreclosure Report shows a total of 36,000 foreclosures in August, nationwide. This represents a decline of over 20% when compared to August of 2014.
- The Make Room Campaign has completed an analysis of the affordable housing crisis in Florida, where they find that 30% of renters spend more than 50% of their income on rent per month.
- In an effort to decrease costs for affordable housing developers NYC proposes to eliminate off-street parking mandates for developments with good transit access.
