Page 5 - David Dworkin News Today

A coalition of housing groups and leaders is urging the White House to assess the impacts of a new law on the push for affordable housing.

The requirement to use supplies made in this country will negatively affect home affordability, according to a coalition of 24 groups and individuals led by National Housing Coalition.

A month after the National Community Reinvestment Coalition blasted KeyBank's mortgage lending record to Black borrowers, the group said it will send letters to the Federal Reserve and OCC about its findings.

Voters in Colorado approved a statewide affordable housing initiative in November; while voters in nine cities across the country OK’d measures to finance the construction of affordable housing, preserve existing rental properties and support renters. But as housing costs soar, analysts and advocates say more needs to be done and argue that federal action is needed. 

Voters in Colorado approved a statewide affordable housing initiative in November, while voters in nine cities across the country OK’d measures to finance the construction of affordable housing, preserve existing rental properties, and support renters. But as housing costs soar, analysts and advocates say more needs to be done and argue that federal action is needed. 

Higher building costs and a shrinking supply of low-cost rental units are helping create an affordable housing crisis.

Higher building costs, a shrinking supply of low-cost rental units and more people with higher incomes choosing to rent rather than buy are driving the increase in higher-priced rentals and corresponding decline in low-cost units, according to a 2020 report from the Joint Center for Housing Studies of Harvard University.

Higher building costs, a shrinking supply of low-cost rental units and more people with higher incomes choosing to rent rather than buy.

Voters supported funding for affordable housing initiatives in the fall elections and advocates say Congress should do the same

As housing costs soar, analysts and advocates argue that Congress needs to take federal action to address an affordable housing crisis.