Search Results

Showing results 1 to 10 of approximately 26.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:affordable housing OR Affordable housing OR Affordable Housing 

Journal Article
Texas’ cheap housing edge slipping away as resilient demand outpaces supply

Housing affordability has declined in Texas, a top destination for domestic and international migrants drawn by its historically low cost of living.
Southwest Economy

Journal Article
Introducing, Understanding, and Using the ICI 300 Peer Cities Identification Tool

Municipalities, especially those that are mid-sized or smaller, often face significant challenges in providing services and amenities to meet the needs of their diverse and changing populations. Solutions are usually context-specific and must factor in larger demographic and economic trends, in order to be effective. And, yet, in spite of contextual differences, cities frequently have meaningful similarities. However, identifying peer cities is often informed more by conversation than by data or evidence.
Profitwise , Issue 4 , Pages 3-8

Discussion Paper
Rental Housing Affordability in the Southeast: Data from the Sixth District

Housing data are available for most large metropolitan regions in the Atlanta Fed's Southeast region. However, many midsized metropolitan, micropolitan, and nonmetro areas lack detailed data on rental housing affordability and housing supply needs by income level. These data are important for state and local governments, affordable housing developers, and housing advocates to inform housing policy. Therefore, the Atlanta Fed partnered with the Shimberg Center at the University of Florida to analyze census data using a methodology developed for Shimberg's periodic Rental Market Study for the ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2018-2

Journal Article
Assessing the Durability of COVID-Era Capacity Gains Among Community-Based Organizations: Lessons from the Emergency Rental Assistance Program

To better understand the impact of the Emergency Rental Assistance Program’s conclusion on community-based organizations and on their scope and scale of work after ERAP, this brief draws on interviews conducted with practitioners involved with nearly two dozen ERA programs across the country. These interviews help shed light on how the dwindling and, in many cases, cessation of ERAP funds is affecting organizations’ capacity along multiple dimensions as they scale back, reorient, and move on post ERAP.
Community Development Research Brief , Volume 2024 , Issue 01 , Pages 21

Journal Article
PHFA Takes Pro-Active Steps in Loan Servicing to Keep Borrowers in Their Homes

The Pennsylvania Housing Finance Agency (PHFA) was created 40 years ago by the state legislature to expand affordable housing options for the state?s residents. It does so through a number of programs that include funding the construction of multifamily rental units, providing affordable home mortgages, supporting housing counseling at no cost to prospective homeowners, and engaging in foreclosure prevention efforts. This article focuses on the PHFA?s servicing of its home purchase mortgages to Pennsylvania residents and the pro-active steps taken by the agency to help keep borrowers in their ...
Cascade , Volume 1

Discussion Paper
Developing Inclusive Communities: Challenges and Opportunities for Mixed-Income Housing

Over the past decade, housing costs have risen faster than incomes. The need for affordable rental housing has well outpaced the number of available units as well as funding allocations at the federal level. Local regulation and land use policies that increase the cost of subsidized, mixed-income housing construction and preservation have contributed to the affordability problem. {{p}} To meet the affordable housing needs in U.S. communities, innovation, creativity, and "out of the box" thinking may be required, particularly as it relates to reducing the rapidly increasing costs of ...
FRB Atlanta Community and Economic Development Discussion Paper , Paper 2017-1

Journal Article
Opinion: Unique Challenges in the Housing Market

The Fed's monetary tightening over the past year has had an immediate effect on the housing market. The average interest rate on a 30-year fixed-rate mortgage more than doubled from about 3 percent at the end of 2021 to around 7 percent by the fall of 2022. Higher mortgage rates — so long as inflation is not expected to stay high — raise the real cost of borrowing to buy a new home, so it is no surprise that new home sales declined throughout 2022. But if the Fed didn't act to bring inflation down, we could expect lenders to charge high rates simply to break even in real terms. The ...
Econ Focus , Issue 1Q , Pages 36

Opportunity Zones: How Will We Know if Communities Reap the Benefits?

Much has happened since the Dallas Fed released its first article on Opportunity Zones (OZs). While we know a lot more than we did, some aspects of OZs remain unclear.
Dallas Fed Communities

Briefing
Rental Affordability and COVID-19 in Rural New England

Although a shortage of affordable rental housing is often framed as an urban-area issue, rural communities also suffer from this problem. On average, rural and urban renters spend similar shares of their income on rent and have comparable rates of housing-cost burden. Years of slow income growth and skyrocketing rents, particularly during the 2000–2010 period, have eroded slack in household budgets that may have gone toward other expenses or toward savings. The coronavirus pandemic likely has exacerbated affordability problems by putting many rural residents out of work. The share of jobs ...
New England Public Policy Center Regional Brief , Paper 2021-1

Working Paper
Do Low-Income Rental Housing Programs Complement Each Other? Evidence from Ohio

We characterize rental subsidy use in units developed with construction subsidies and explore whether the subsidy overlap responds to needs unmet by a tenant-based program alone. We present a subsidy allocation model allowing for program complementarity to guide our analysis of multiple subsidy use in Low Income Housing Tax Credit (LIHTC) units. Findings for Ohio in 2011 suggest that rental assistance in LIHTC exhibits some degree of subsidy complementarity, particularly, when serving very poor households with special housing needs. We also find that very low income voucher holders who face a ...
Working Papers (Old Series) , Paper 1429

FILTER BY year

FILTER BY Content Type

Journal Article 10 items

Discussion Paper 6 items

Report 3 items

Briefing 1 items

Speech 1 items

Working Paper 1 items

show more (1)

FILTER BY Author

FILTER BY Jel Classification

R21 3 items

R31 3 items

R38 3 items

H53 2 items

R3 2 items

G2 1 items

show more (22)

FILTER BY Keywords

affordable housing 26 items

COVID-19 3 items

Texas 3 items

housing policy 3 items

Consumer Credit 2 items

community development 2 items

show more (74)

PREVIOUS / NEXT