DISCLAIMER: The Texas Affiliation of Affordable Housing Providers (TAAHP) posts informational resources that may impact or be useful to its members. The views, positions, and opinions expressed in news articles, research studies, or other resources are those of the authors and do not necessarily reflect the official policy or position of TAAHP or its employees. Views are subject to change at any time.
From Joint Center for Housing Studies of Harvard University: Just as the recent housing downturn was longer and deeper than any other since the Great Depression, the residential construction rebound has been slower. Since reaching bottom in 2011 at just 633,000 new units, additions to the housing stock have grown at an average annual rate of just 10 percent. Despite these steady gains, completions and placements totaled only 1.2 million units last year—the lowest annual production, excluding 2008–2018, going back to 1982.
A worker earning the federal minimum wage of $7.25 per hour in Texas must work 112 hours per week (more than 2 full-time jobs) to afford a two-bedroom rental home.
AGE of Central Texas, a regional nonprofit organization delivering services, education, and assistance to older adults and family caregivers, surveyed residents to better understand the region’s perceptions about aging.
Gaston Place is a senior community owned by HACA. The development was initially built in 1978 to provide housing to the elderly (62 or older), disabled, or those displaced by natural disasters. Michael Gerber, CEO, and President of HACA, will commemorate the celebration with a ribbon cutting at 10 a.m. on May 22.
Houston makes list of top least affordable cities in the U.S. New research by USC housing experts reveals lack of affordable rent is a bigger problem than previously realized, not only in big coastal cities but across much of the United States.
Despite the need for affordable rental housing in rural communities identified, resources made available by the federal government are at a low point.
This report aims to fill gaps between the obstacles that have stymied the growth of CLTs and the strategies used by CLTs who have expanded their housing portfolios.
This study examines the potential gap in the supply of rental units suitable for families with children nationally and in detail in four major metro areas.
Housing is central to people’s opportunities for living long and well. Nationwide, housing costs far exceed affordability given local incomes in many communities. As a result, people have no choice but to spend too much on housing, leaving little left for other necessities. In Texas, 13% of households spend more than half of their income on housing costs. Severe housing cost burden ranges from 2% to 24% of households.
The U.S. has a shortage of seven million rental homes affordable and available to extremely low-income renters, whose household incomes are at or below the poverty guideline or 30% of their area median income. Only 37 affordable and available rental homes exist for...
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