Tag Archives: Affordable Housing

Like many parts of the country, California is facing a crisis of housing availability and affordability. According to the California Department of Housing and Community Development, 97.6 percent of California cities failed to meet their affordable housing goals in 2017. ...

Homeownership in the Hispanic population increased for the third consecutive year according to a joint report by The Hispanic Wealth Project, and the National Association of Hispanic Real Estate Professionals (NAHREP). The report analyzes Hispanic labor force participation rate, household ...

Former White House Counsel and Senior Fellow in Financial Policy Studies at the American Enterprise Institute Peter J. Wallison put in an appearance Thursday on CNBC’s The Santelli Exchange, where he criticized the U.S. Treasury Department’s recent approach to regulation ...

According to the National Low Income Housing Coalition, there is currently no state in the U.S. where a person earning the minimum wage and working 40 hours per week can afford to rent a basic two-bedroom apartment, much less purchase ...

For 2018-2020, Freddie Mac and Fannie Mae have set a goal of 24 percent for the amount of mortgages they must purchase from low-income borrowers, defined as those earning less than 80 percent of the median income for a given ...

Communities across the nation are struggling to provide enough affordable housing for their residents, high home prices and low inventory ensuring strongly competitive markets in many corners of the U.S. According to the California Department of Housing and Community Development ...

They may slow down their search for a new home or look for smaller homes, but a very few buyers looking at purchasing a home in 2018 will halt their plans if mortgage rates go beyond 5 percent, according to ...

Communities across the nation are struggling with housing shortages, with those problems amplified by home prices that continue to increase and a specific shortage of affordable housing keeping many potential homeowners stuck renting. California is certainly not immune to the ...

Redfin CEO Glenn Kelman recently appeared on CNBC to discuss the state of housing industry and the overall trends he is seeing in the early days of 2018. Kelman highlights the continued lack of affordable housing, the early and surprising impacts ...

Update: This story has been updated to note FEMA's extension of the TSA program for Puerto Rico evacuees. Over three months after Hurricane Maria made landfall on the island of Puerto Rico, half of the island’s 3.4 million citizens are ...