Ensuring Long-Term and Stable Affordability With Community Land Banks and Trusts
A significant component of the overall cost of housing is the value of the underlying land. When that value is determined in large part by market forces, competing social priorities such as providing affordable housing, ensuring mixed-income communities, and reserving space for public uses may go unrealized.
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Matthew Desmond’s 2016 book Evicted: Poverty and Profit in the American City tells the story of two neighborhoods, one a predominantly white trailer park community and the other a predominantly African-American community in Milwaukee.
Rent-to-Own Program Rehabilitates Abandoned and Foreclosed Properties
A partnership between a community development financial institution and a community development corporation is meeting two needs in Milwaukee, Wisconsin.
Rental Burdens: Rethinking Affordability Measures
How much of your income should you set aside for rent? With the cost of housing on the rise, researchers are reexamining the 30-percent rule of thumb for measuring rental burden.
The Camino del Mar and Vista del Mar Apartments Complete the New Dana Strand Revitalization Project in Los Angeles, California
Opened in 2018, the Camino del Mar and Vista del Mar affordable housing developments represent the fourth and final phase of the New Dana Strand Revitalization project in the oceanside Wilmington neighborhood of Los Angeles.