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January 17, 2024
…would extend eligibility for subsidized units tenants earning below the area median. On a combined basis the two credits would expand eligibility to about three quarters of the nation’s renters….
January 17, 2024
…and the second would be an expansion of the existing Low-Income Housing Tax Credit (LIHTC). The WFHTC would extend eligibility for subsidized units tenants earning below the area median. On a combined basis the…
December 11, 2023
…data from HUD’s Office of Policy Development and Research, median income per person in public and subsidized housing is just $8,000 today, and 77 % of tenants are classified as “lowest-income”…
November 9, 2023
…are all mixed, they are black, Spanish, Indian,” she said. “I feel sad because why they doing this, I don’t understand.” That’s how a Republican can win in a district…
September 25, 2023
…to the Harvard Joint Center for Housing Studies, it takes 5.6 times the median income to purchase the median priced home in 2022. This is up from 3.1 times in 1990….
September 12, 2023
PDF to full report Key takeaways: The median purchase rate rose 1/8 ppts. over the past week to 7 1/8%. Mortgage News Daily reported a daily avg. 30-year rate of…
August 5, 2023
…disappeared. The difference between median regulated rents ($1,400) and unregulated rents ($1,825) is not nearly as great as protestors would have folks think. And the rising vacancy rate suggests market…
July 30, 2023
No New York pedestrian would disagree with Eric Adam’s characterization of the city’s ubiquitous sidewalk sheds at stalled construction sites as “ugly little green boxes.” But his targeting of private…
July 25, 2023
…as the setting for playwright August Wilson’s greatest plays, such as Fences and Jitney and Joe Turner’s Come and Gone. (Wilson’s home is preserved today, but the neighborhood is gone). As Brian Robick wrote in…
June 24, 2023
…not just for those of lowest-income. This mixed-income approach overlooks an essential truth about housing markets: New construction of any kind increases overall supply and brings down median prices. Releasing…