Affordable Housing Initiatives in Major Texas Metros
In addition, the Kinder Institute for Urban Research at Rice University is a think tank that focuses on urban issues through informed research, data and policy analysis. The Institute published a report on how to build a resilient and equitable housing system from the remnants of a natural disaster.
How Affordable Housing Helps Texans
Texans say they are spending too much on housing. New statewide poll results released found nearly half of Texas adults say it is difficult for them to find affordable housing in the area where they live, and a similar share believe they spend too much of their income on housing. The independent poll was conducted by the Texas Lyceum, the 40-year-old nonprofit, nonpartisan leadership organization.
In Texas the report shows that the number of households that were moderately or severely housing cost burdened has grown from 1.3 million in 2008 to over 1.7 million by 2018.
This policy brief summarizes the conclusions of several reviews and critiques of the growing body of research on whether subsidized affordable housing for low- to moderate-income residents causes nearby property values to decline. It also highlights some of the most recent work in this area carried out by researchers.
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.
According to a new report by the National Low Income Housing Coalition, a person working full time would need to earn $16.51 per hour in order to afford a modest one-bedroom apartment in Texas.
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.
Technological innovation in homebuilding has been a research topic at HUD since the 1970s. Building Even Better Homes: Strategies for Promoting Innovation in Home Building reevaluates the significant findings of Building Better Homes. The report uses history and experience as a guide for what role HUD might play in fostering building technology innovation in the future. The report documents prior efforts and what we learned regarding successes and failures.
Housing affordability was a major issue for nearly every income bracket during 2018 and is likely to be a growing problem for years to come. A supply-driven affordable housing crisis ultimately can only be addressed by more housing supply that is affordable to more people. The 2018 edition of “Paycheck to Paycheck” focuses on the affordability challenges workers face in five job categories in the construction industry.
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.