Miami-Dade mayor declares a state of emergency over housing affordability
Finally declaring a housing affordability crisis, Miami-Dade County Mayor Daniella Levine Cava and her colleagues face the daunting challenge of trying to make homes more affordable for residents. “We have become the most unaffordable place in the country,” Levine Cava said Friday, noting that’s “what’s different now.”
Miami Herald • April 8, 2022
Sen. Mike Lee proposes buying federal land to build affordable housing
Sen. Mike Lee has a novel approach to help alleviate Utah’s housing crunch while putting more of the vast amounts of federal land into local hands. The Utah Republican introduced legislation Friday to allow a state or local government to buy parcels of federal land at a reduced price to address housing supply and affordability in their areas. The proposal would require the property be used for housing, subject to a density requirement, and protects against development of expensive second homes.
Deseret News • April 10, 2022
UnitedHealth Group investing $100 million in affordable housing initiatives
A civic engagement group called NYC Speaks released results on Tuesday of what was being billed as New York City’s largest-ever policy survey. Officials said that 62,000 respondents offered their opinions on a range of issues from public safety and infrastructure to education and racial equity. In one of the more revealing findings, adults who were asked to pick three public safety priorities chose affordable housing and reducing homelessness most often.
Healthcare Finance News • April 11, 2022
Streamlining subsidies to build more affordable housing
Today’s housing affordability crisis stems largely from a lack of adequate housing supply. This is happening for a variety of reasons, from fallout from the 2008 Great Recession, restrictive local zoning policies and high land costs to labor and supply shortages. Housing supply simply has not kept pace with population growth, new household formation, and rising demand.
Housingwire • April 12, 2022