Southwest Ohio gets more affordable housing
Construction just began this week on 52 units of affordable housing in Northside and just wrapped up on48 units in OTR and 56 units in Hillsboro.
Source: wysu.org
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Affordable Housing Construction Costs Outpacing Tax Credits
Builders in Ohio warn that, without intervention from Congress, tax credits meant to support affordable housing construction won’t keep up with rising costs and demand.
United States Tim Westrich Nick Swartsell Low Income Housing Tax Credits Affordable Housing Credit Improvement Act Urban Sites Vice President
Source: planetizen.com
Affordable housing developers say federal funding isn't keeping up with costs. That's a problem
Federal low income housing tax credits fund most subsidized housing. But they haven't increased at the same rate building costs and interest rates have — meaning fewer affordable units coming online.
United States Hamilton County Peter Lawrence Tim Westrich Affordable Housing Trust Fund Community Housing Senior Developer Ben Eilerman
Source: wvxu.org
Cincinnati awards millions of dollars for housing every year. How does the process work?
The city of Cincinnati has a program that aims to fill a small part of the affordable housing gap. But how does it work?
United States Becca Costello Aftab Pureval Tim Westrich Community Housing Senior Developer Ben Eilerman Development Company Partner Michael Chewning
Source: wvxu.org