The legacy of racist housing policies, coupled with a shortage of affordable housing, has hindered the ability of minority and low-income families to build wealth, afford quality housing, and offer opportunities to their children.
On December 6, 2022, HUD’s Office of Policy Development and Research (PD&R) held a Quarterly Update event on institutional investors in housing. Researchers and community practitioners discussed institutional investors’ growing role in the housing market, the effects of this growth, and actions to combat some of the negative effects of these investments, particularly on renters and prospective buyers of single-family homes
Opened in summer 2021, the Cottages on Vaughan is a pocket neighborhood of small homes in downtown Clarkston, Georgia, a city of approximately 15,000 people located 11 miles northeast of downtown Atlanta.
Persistent housing shortages in California and the resulting high housing costs prompted state lawmakers, starting in 2016, to pass a series of laws legalizing and facilitating the construction of accessory dwelling units (ADUs) in the state.
In 2016, Travis County partnered with developer DMA Companies to construct Travis Flats, an affordable housing development located within the boundaries of multiple revitalization plans commissioned by the county and the city of Austin, Texas.
In towns and cities nationwide, communities are seeking ways to curb homelessness and provide needed affordable housing to members of their community, particularly vulnerable populations such as unhoused youth.
Ensuring sufficient affordable housing is a challenge for many communities, but in the Bering Strait region of Alaska, topography, climate, and a lack of infrastructure can make housing construction especially challenging.
In Eagle River, Alaska, located approximately 15 miles from downtown Anchorage, the Cook Inlet Housing Authority (CIHA) is helping revitalize the city’s downtown while providing affordable housing and green amenities to seniors, families, and other residents.
A Pew Charitable Trusts survey conducted in 2019 found that one in five home borrowers pursued alternative financing options at least once as a pathway to homeownership when they could not access traditional mortgages.
The next city in our Global Cities and Affordable Housing series is Nairobi, Kenya, located in East Africa. The Maasai tribe, local nomadic pastoralists, named the city Enkare Nairobi, or “cool water” in the Maa language, after a large watering hole. Nairobi was colonized as a railway city by the British East African Company in the 1890s. Swahili and English are the national languages.