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Stories Tagged as

Affordable housing

How the new tax law could make rental housing crunch for low-income Americans worse

by Andy Uhler
Mar 13, 2018
The National Low Income Housing Coalition issued a report Tuesday that highlights a shortage of more than 7 million affordable and available rental homes for extremely low-income households. And the affordable housing crunch could get even worse soon. The reason? The new tax law. Click the above audio player to hear the full story.
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African-Americans are leaving Chicago for a better quality of life in neighboring Indiana

by Natalie Moore
Jan 29, 2018
Issues with schools, a stagnant job market and affordability have driven 12,000 blacks from Cook County in the last year.
William Godwin in his office in the Miller Beach section of Gary, Indiana.
Natalie Moore/Marketplace
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Denver wants to help the middle class move on up

by Kai Ryssdal and Shaheen Ainpour
Jan 16, 2018
A new housing subsidy plan in Denver aims to make high end apartments affordable.
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It's a long wait for Section 8 housing in U.S. cities

by Aaron Schrank
Jan 3, 2018
In Los Angeles, it can take 10 years to get a voucher — if you're lucky.
In Los Angeles, 188,000 people applied for 20,000 spots in the housing voucher waiting line.
Justin Sullivan/Getty Images
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Proposed tax credit change could reduce future affordable housing

by Erika Beras
Dec 7, 2017
Advocates for affordable housing worry that the elimination of an incentive program for developers in the House version of the tax bill could result in less low-income housing built in the future.
A construction site stands around neglected housing in Manhattan on November 30, 2017 in New York City. Republicans are coming closer to getting the votes needed to pass their proposed tax cut which many economists predict will benefit the wealthy at the expense of the poor and middle class.
Spencer Platt/Getty Images
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Investors make a bet to lift Boston-area neighborhood out of poverty

by Dan Gorenstein
Dec 4, 2017
Local nonprofits created a private equity fund and found a way to minimize the investment risk.
A homeless man sleeps while a subway rider waits for the train at a subway stop in Boston.
Darren McCollester/Newsmakers
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Seattle increasing affordable housing through a bargain with private developers

by Marketplace Contributor
Sep 25, 2017
The plan, called the Housing Affordability and Livability Agenda, relies on an exchange between the city and private developers known as the grand bargain, brokered two years ago.
A construction site with cranes in the background in downtown Seattle.
Anna Boiko-Weyrauch/ for Marketplace
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Tight inventory slows down housing market

by Mitchell Hartman
Jul 5, 2017
The choke point is home building — which is in turn constrained by limited availability of land, building loans and skilled construction workers.
New entry-level homes for sale in a development by Pahlisch Homes in Vancouver, Washington.
Mitchell Hartman/Marketplace
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Nashville's neighborhood churches weigh whether to sell or stay

by Marketplace Contributor
Apr 7, 2017
“I told the realtor: ‘I don’t even want to know what you’re willing to offer,'" one pastor said.
Family Affair Ministries in South Inglewood is selling its property for $3.5 million, seven times more than its 2001 purchase price.
Meribah Knight
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Millennials are helping to strengthen the home market

by Sabri Ben-Achour
Mar 30, 2017
Sales jumped more than 5 percent last month.
Everything from worker shortage to material prices have forced builders to adapt.
Justin Sullivan/Getty Images
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