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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.

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High Housing Prices in North Texas Keeping Residents in Place

Incomes are not keeping pace with housing prices and it’s starting to show in the sales numbers in North Texas. The Dallas Morning News is reporting that Q1 housing starts in the region are down 11 percent from a year ago with overall home sales down 5 percent over the same time period. The cause? Experts say housing prices are just too high and household incomes are just not rising fast enough to keep up.

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Founded in 1997, the Texas Affiliation of Affordable Housing Providers (TAAHP) is a non-profit trade association serving as the primary advocate and leading resource for the affordable housing industry in Texas. Our vision is to inspire and engage our members and stakeholders to end the affordable housing crisis in Texas.

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221 E. 9th Street, Suite 408
Austin, TX 78701

TAAHP

TAAHP

Phone: 512-476-9901 | Email: info@taahp.org

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