Taking a $1 billion step toward ending the affordable housing shortage

A recent DePaul University study found that Northwest Side neighborhoods such as Logan Square and Avondale lost 14.4% of their affordable rental housing units since 2014. The number dropped 5.2% across the city, with virtually every neighborhood feeling some of the pain.

The Chicago Sun Times • December 12, 2021

Read full article

–––––––––––––––––––––

The middle class has it especially hard when house hunting in Kansas. Here's why.

The report from the state and the Kansas Housing Resources Corp. surveyed more than 4,000 Kansans earlier this year and analyzed data from the U.S. Census to paint a picture of the state’s most pressing housing challenges and potential solutions. The report points to several potential solutions. Diversifying from the detached single-family homes that dominate the state’s housing market, especially in rural areas. For instance, building smaller single-family homes, or more duplexes and condominiums to accommodate people at different stages of their lives. The report suggests more flexible zoning and streamlined construction permit processes.

The Topeka Capital Journal • December 11, 2021

Read full article

–––––––––––––––––––––

St. Louis receives $50 million in Low Income Housing Tax Credits

The city of St. Louis announced Tuesday it received nearly $50 million in Low Income Housing Tax Credits (LIHTC) to help fund $100 million in affordable housing construction, renovation and preservation of nearly 600 units. This funding is part of an ongoing national program that has allowed for the construction or rehabilitation of about 110,000 affordable rental units across the country each year since 1986.

The St. Louis American • December 24, 2021

Read full article

–––––––––––––––––––––

LATEST NEWS