Affordable Housing News Blog
Housing Shortage Will Be With Us for Years to Come
Without new homes to meet population growth and replace an aging housing stock, homebuying is expected to move further out of reach.
USDA expected to reduce fees to the USDA 538 program
The Rural Housing Service (RHS or the Agency) is proposing to amend its regulation to remove the stated amount that the Agency will charge for the initial and annual guarantee fees.
Harris County Moves to Influence Housing Tax Credit Applications for Affordable Housing
Harris County is planning a strategy to attempt to influence housing tax credit applications to get more applications approved for affordable housing desperately needed in the area.
Chief Economist Warns Housing Prices and Income Gap Growing in Texas
Well known economist James P. Gaines from the Texas A&M Real Estate Center, told a group of home builders in the Tyler, Texas area that the increasing gap between household incomes and housing prices is a critical issue facing the housing market in Texas. According to Gaines, household incomes are rising at a fraction of the pace of home prices.
Longview area 1,000-plus units short of meeting affordable housing need
The Longview News Journal is reporting that the Longview area, a small-town region in Northeast Texas is over 1,000 affordable housing units short of what its population needs.
San Marcos affordable housing task force seeks input, finds friction
Laura Dupont, chair of the affordable housing task force, says it has not been easy getting all the neighborhoods in San Marcos to embrace the action plan, which is expected to be presented in October.
Fair Housing change would make it harder to sue for discrimination
The proposed rule states that in order to sue for discrimination under the Fair Housing Act, the plaintiff would have to prove the intent to discriminate. HUD is accepting public comments until Oct. 18.
DMA Development Moves Forward on Mixed-Income Talavera Lofts
From Connect Texas DMA Development Companies unveiled plans for its next mixed-income apartment complex, Talavera Lofts, which will be built west of the Saltillo commuter rail station on Austin’s east side. The five-story, 100-unit project at East 5th and Navasota...
San Antonio’s Approach to Increasing Affordable Housing
The goal of the strategy is to produce or preserve over 18,000 affordable homes as well as help people stay in affordable housing over the next 10-years.
Austin Rents Hit All-Time High
As of June 2019, the average Austin rent for all apartment sizes is now $1,350 which represents an increase of 5.6 percent since the same time in 2018.
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