Lack of affordable housing is fueling a reverse migration from big cities
The search for affordable housing is driving a new migration pattern — people from high-cost coastal cities to the middle of the country and the South.
Jul 17, 2019
Affordable Housing News
Freddie Mac: Diminishing Housing Affordability is Inescapable
Freddie Mac tracks multifamily rental affordability at the unit level by comparing area median income (AMI) data from the Federal Housing Finance Agency (FHFA) with rent data from the American Community Survey (ACS)i. The basic finding is that population growth is negatively correlated with an area’s ability to preserve affordable housing.
TAAHP Member helps Tarrant County Church build Affordable Housing For Seniors
TAAHP member CommunityBank of Texas partnered with Bethlehem Baptist Church in Mansfield, Texas to build a 135-unit affordable housing apartment complex for seniors.
Laredo faces gap between median income and rent affordability
It comes as no surprise to affordable housing providers that even one of the most "affordable" communities in Texas is relatively unaffordable for the residents living there.
Williamson County Receives Grant for Affordable Housing
With Williamson County experiencing a 24-month to 48-month waitlist for affordable rental housing, a new grant of more than $1.4 million to build and preserve affordable housing in the county couldn't have come at a better time.
Austin receives $100,000 Grant to Preserve Affordable Rental Housing
The City of Austin has created a private investment fund called the Housing Conservancy Fund for the specific purpose of preserving mid-aged affordable housing multi-family rental property.
The NRP Group Breaks Ground on Acero Development along San Pedro Creek in San Antonio
From PR Newswire SAN ANTONIO, June 28, 2019 /PRNewswire/ -- The NRP Group, a vertically-integrated, best-in-class developer, builder and manager of multifamily housing, today announced its San Antonio Team has broken ground on Acero, an upscale multifamily...
HUD: Dallas may have to repay millions
Officials working for the city of Dallas identified in 2016 several issues related to failures of staff to properly tracking federal dollars used to build affordable housing.
Dallas Area Habitat for Humanity aims to improve home affordability
Dallas Area Habitat for Humanity joined Habitat organizations across the country to improve housing affordability across the housing continuum.
DMA Companies celebrates groundbreaking of affordable housing in Travis County
MEMBER IN THE NEWS: DMA Companies, Inc. broke ground on a new affordable housing apartment community in Travis County near the intersection of Airport Blvd. and 53 1/2 Street Monday.
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