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Md. Gov. Moore's 96,000 Housing Number Sparks Confusion
housing
5.515 min17 days ago

Md. Gov. Moore's 96,000 Housing Number Sparks Confusion

Maryland's government cites a 96,000-unit housing underproduction as a key statistic to address the state's housing shortage, but experts warn that this figure is complex and does not directly reflect the number of unhoused people, highlighting ongoing challenges in housing affordability and policy solutions.

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Impact of Philly’s Corporate Investors on Renters and Homebuyers

Originally Published 2 months ago — by WHYY

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Source: WHYY

A report reveals that corporate investors bought a quarter of Philadelphia's single-family homes from 2017 to 2022, mainly in Black and Hispanic neighborhoods, raising concerns about affordability, displacement, and community stability, while also highlighting some positive impacts like property upgrades. The study calls for policy changes to increase transparency and protect residents from negative effects of investment activities.

Bipartisan Senate Moves Forward on Major Housing Legislation to Boost Affordability

Originally Published 5 months ago — by Senate Committee on Banking, Housing, and Urban Affairs (.gov)

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Source: Senate Committee on Banking, Housing, and Urban Affairs (.gov)

The ROAD to Housing Act of 2025, a bipartisan bill supported by numerous housing stakeholders, aims to address the US housing crisis by increasing supply, improving affordability, and modernizing housing programs through reforms in zoning, land use, and federal oversight, with broad backing from industry groups, local governments, and advocacy organizations.

US Housing Crisis Deepens Amid Rising Costs and Affordability Woes

Originally Published 6 months ago — by Bloomberg.com

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Source: Bloomberg.com

Despite a surge in new apartment construction, US renters face record-high costs and increased financial strain, especially among low- and middle-income households, with rent burdens rising and affordability challenges worsening due to high housing and utility costs, and potential federal funding cuts.

US Housing Crisis Deepens as Affordability Hits Record Lows

Originally Published 6 months ago — by USA Today

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Source: USA Today

A Harvard report highlights that U.S. housing is becoming increasingly unaffordable, with home prices reaching record highs and a significant portion of renters spending over 30% of their income on housing, contributing to rising homelessness and economic strain, especially for low-income Americans.

Debate Over Time Limits for Federal Rental Assistance

Originally Published 7 months ago — by NPR

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Source: NPR

The article discusses the debate over implementing time limits on federal rental assistance, highlighting a successful Delaware program that combines work requirements, savings accounts, and support services to help recipients transition to independence, while noting that evidence on the effectiveness of time limits is mixed and some programs have found them counterproductive.

Newark Airport Faces Staffing Challenges Amid Ongoing Disruptions

Originally Published 7 months ago — by Gothamist

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Source: Gothamist

New York State is investing $50 million in modular construction to address the city's housing affordability crisis, aiming to develop faster and cheaper homes through factory-built methods. Despite past challenges and limited adoption in the U.S., the initiative seeks to leverage modular techniques to create affordable housing solutions, with hopes of overcoming industry resistance and past project setbacks.

NYC Set to Approve Backyard and Basement Housing Units

Originally Published 1 year ago — by Business Insider

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Source: Business Insider

New York City is set to legalize accessory dwelling units (ADUs) as part of Mayor Eric Adams' "City of Yes" initiative to increase affordable housing. The reform aims to create 20,000 ADUs over 15 years by allowing tiny homes and converted spaces like garages and basements in certain neighborhoods. This move follows similar efforts in other cities to boost housing density without large apartment buildings. While some council members oppose the plan, it is expected to pass, with adjustments to zoning laws and building codes to facilitate ADU construction.

"Study Reveals Record Number of Renters Struggling with Housing Costs Across the U.S."

Originally Published 1 year ago — by The Texas Tribune

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Source: The Texas Tribune

A Harvard University study reveals that over half of Texas renters, totaling 2.1 million households, are burdened by high housing costs, with nearly 1.1 million severely cost-burdened, spending over half their income on rent and utilities. The rise in rents has impacted tenants' ability to afford essential expenses and has contributed to eviction filings and homelessness in major metro areas. Low-income households have been particularly affected, with a significant decrease in affordable rental housing units. With federal rent relief funds drying up and eviction protections expiring, the situation is expected to worsen, leading to increased financial strain and housing instability for many Texans.

"California's 2024 Legislation: Impacts on Renters, Gun Control, and Financial Policies"

Originally Published 2 years ago — by KTLA Los Angeles

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Source: KTLA Los Angeles

California has passed a new law that will cap security deposits at one month's rent for tenants, starting July 1, 2024. Governor Gavin Newsom signed the bill with the intention of making renting more affordable, especially for those who may struggle with qualifying due to credit issues. Landlords are not required to refund existing double security deposits, but tenants are encouraged to negotiate the return of any excess.