Sentences with phrase «affordability crisis in»
As I am sure you are well aware, there is a housing affordability crisis in Oregon.
https://www.squareonevillages.org/
To address these problems, Vancity's report provided 16 tangible ideas on how to alleviate the housing affordability crisis in Vancouver.
«We face an affordability crisis in our city,» Quinn told the audience gathered in the City Council chambers.
«We face an affordability crisis in our city,» Quinn said.
One paradox of the housing affordability crisis in the United States is that one of the most popular ways to create affordable housing is to tax new housing.
Canada's political leaders want to address the growing affordability crisis in Canada's largest housing markets.
Not exact matches
April 24 - Real estate developers in British Columbia will soon be required to collect and report information on people buying and flipping condo presale units, as the province ramps up its crackdown on tax fraud amid an escalating housing affordability crisis.
If they don't happen, the U.S. risks a debt «affordability» crisis in the 10 years after that.
But it doesn't solve the affordability crisis, particularly in Toronto where half the renters in Ontario live, said Todorow.
«It's a shift that signals that the city is becoming more aggressive in its efforts to combat its affordability crisis,» Trulia reported.
Cuomo, who backed Hillary Clinton for president against Sanders last year, said the Vermont socialist «spoke to this issue of college affordability and was ahead of his time in doing it, and really awoke the nation to this crisis.»
«The RGB had an opportunity to begin a course correction to make up for past high increases that have contributed to the affordability crisis, and didn't,» she said in a statement.
«While we appreciate that the increase was kept to a minimum, as our city's housing crisis comes to a head, it's crucial that we utilize every opportunity to fight for and preserve affordability for the New Yorkers who call this city home,» she wrote in a press release.
«The Comptroller is once again using Airbnb as a scapegoat for a housing affordability crisis that has been growing for decades,» said AirDNA CEO Scott Shatford, who is described as an «Airbnb entrepreneur» in his bio.
Johnson told the crowd that despite progress, the city faces an affordability crisis, with more than 60,000 people living in the homeless shelter system, racial disparities in «nearly every aspect of life» and «fiscal realities» presented by Washington and Albany.
«We're in the midst of an affordability crisis hitting New Yorkers,» Mr. de Blasio said in a statement.
The Southern Tier economy is in rough shape, people are leaving, and poverty is growing, according to a Reclaim New York «affordability crisis» report on the region.
«The range being considered is the lowest in history, and that's a reflection of the affordability crisis we are facing as a city.
The most comprehensive affordable housing plan in the City's history and largest municipal housing plan in the nation, its goal is to create and preserve 200,000 units of affordable housing for very low - and middle income families to help address New York City's affordability crisis.
The leaders of the community proposal and rally, reverends from Brooklyn, achieved significant attention for their plan and support from elected officials, in part because their critique of de Blasio's housing program touched the core tension of what some see as a solid, fairly moderate approach, but others call too timid to address the affordability crisis facing the city and its residents and, in some cases, a catalyst of detrimental gentrification.
«Our work has resulted in a plan that addresses the magnitude of our city's affordability crisis by encouraging smart, sustainable affordable housing production — while also supporting local residents and their communities.»
«Our work has resulted in a plan that addresses the magnitude of our city's affordability crisis by encouraging smart, sustainable affordable housing production,» said Melissa Mark - Viverito, the Council speaker, standing at a lectern in the rotunda of City Hall on Monday to announce the details of the deal.
Hawkins said the housing affordability crisis reaches well into the upper - middle - class in New York's cities.
Cuomo, a Democrat, recounted the actions he took in renewing the current rent stabilization laws in 2011 and again pledged to «strengthen» regulations because «the crisis of affordability is back with a vengeance.»
British Columbia will start offering interest - free loans to help first - time home buyers with their down payments in a market where skyrocketing prices have fuelled an affordability crisis and pushed the dream of owning property out of reach for many.
This substantial increase in property prices has created an affordability crisis that's hit first - time buyers hard, particularly in the nation's two hottest real estate markets, Toronto and Vancouver.
It's almost as if the BC government, and the new federal Liberal authority in Ottawa, realize that housing affordability is no longer merely a concern, but a genuine provincial crisis.
«There's no question that in Canada we are in a real affordability crisis right now,» says John Andrew, a professor of urban planning at Queen's University.
Toronto's housing market shot into the stratosphere over the ensuing months, prompting the Ontario government to put in place a nearly identical measure (city council in Victoria, concerned about an affordability crisis, debated but ultimately rejected a foreign buyer tax recently).
As the city embarked on its effort to put the plan together, it also faced criticism from some who feared that it would not do enough to address the affordability crisis that artists face in a city of rising rents and disappearing studio, rehearsal, and performance spaces.
«With the country in the middle of an affordability crisis, it's important for renters to understand how much they can save if they renew their lease instead of finding a new rental.
«For a long time now, renters have faced an affordability crisis when it comes to housing, and renters in some hot markets will still need significant raises just to keep up with rising rents,» says Dr. Svenja Gudell, chief economist at Zillow.
Affordability — both for homebuyers and renters — is at crisis - level in many areas, Castro emphasized, pointing to the introduction of the National Housing Trust Fund and Rental Assistance Demonstration programs as effective first - go endeavors.
«The affordability crisis isn't just an insurance problem; it's an economic problem,» says Kevin McCarty, insurance commissioner for Florida and one of a dozen speakers NAR hosted in late September at a symposium to help explore insurance affordability.
«For many low - income families, the rental housing affordability crisis is like a game of musical chairs in which there is never a chair left for them.»
«The underproduction of single - family homes over the last decade has played a predominant role in the current inventory crisis that is weighing on affordability; however, there's hope that the tide is finally turning.
Single - family home prices in Chicago's neighborhoods and Cook County's suburbs have come off the lows recorded during the depths of the housing crisis, but a great divide exists between the have and have - not communities, and affordability is under pressure in popular areas.
However, in Seattle, rising home prices has actually led to a housing affordability crisis.
In the long run, she says, the program will aid Portland's housing affordability crisis by lowering the monthly costs to maintain a home.
It's incredibly competitive, as inventory is low and prices are rising steeply — in some cases, even creating an affordability crisis for those who are interested in moving.
The underproduction of single - family homes over the last decade has played a predominant role in the current inventory crisis that is weighing on affordability.»
The concept for the MHI Urban Design Demonstration Project called for MHI, the national trade association for the manufactured housing industry, to work closely with local government officials, neighborhood groups, and residential developers in bringing this new resource to urban areas, which are suffering from an unprecedented housing affordability crisis.
Some market pundits are concerned about the crisis of affordability in downtown Seattle housing noting only 57 resale units listed for sale in a city of more than 70,000 urban residents.
After the economic crisis created a drought of home sales and declining prices from the fourth quarter of 2008 through the first quarter of 2009, the market began to recover in the spring due to pent - up demand and improved affordability.
«With the nation already in the midst of an affordability crisis, undermining the LIHTC will deal a crippling blow to keep housing affordable and available for those citizens who are most in need, and the bill will make it far more difficult for small businesses to compete and thrive because it disproportionately benefits corporations.
Growth in the Gap between the Number of Low - Income Renters and the Supply of Affordable Units «For many low - income families, the rental housing affordability crisis is like a game of musical chairs in which there is never a chair left for them,» said Chris Herbert, Research Director at the Harvard Joint Center for Housing Studies.
The MIAMI REALTORS ® are tackling the housing affordability crisis by developing a container house prototype in the City of South Miami.
«We've seen so much pressure in rental housing markets that it's created a rental affordability crisis that has spilled over into a homelessness crisis at lower income levels,» Dr. Olsen says.