After 102 years of service to North Dakota communities, Lutheran Social Services has had to file for bankruptcy. . . This sad outcome points to the fact that it is unreasonable to expect charitable organizations to compensate for gross inequities in housing caused by market forces.
The Maine Legislature is considering a bill that aims to address the state's lack of affordable housing, the need for increased energy efficiency and the need for new jobs.
The Benefits of Co-Location for Affordable Housing
David Block of Evergreen Real Estate on how dual-purpose developments can serve multiple needs of low-income residents and communities. May262021
David Block
The U.S. is short more than 7 million homes for extremely low-income renters, according to the National Low Income Housing Coalition. And this gap, calculated using data from the 2019 American Community Survey, has only grown over the past year due to the economic hardship created or, in many cases, exacerbated by the COVID-19 pandemic.
Cities need more affordable housing, and while there’s no single solution to the problem, co-location has emerged as a strategy that has proven successful in getting new projects financed and built.