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.
«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.»
Not exact matches
This money would have gone a long way to address
housing affordability issues either through targeted investments in new affordable
housing stock or perhaps through investments in boosting
rental housing construction.
New Democrats are calling on the Christy Clark government to take a first step towards improving the
affordability and availability of
rental housing by updating the Residential Tenancy Act and pursuing innovative federal - provincial - municipal cooperation to spur new
rental construction.
«Christy Clark has now called our
housing market a «bubble» and finally admits there's a real
affordability crisis for people and families, but her actions have done nothing to make the
rental or purchase of a home more affordable,» Horgan said.
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Our region's
housing affordability is a key issue for the Board of Trade, and a new $ 5 - billion National Housing Fund intended to help jump start new rental supply in the region is a welcome announ
housing affordability is a key issue for the Board of Trade, and a new $ 5 - billion National
Housing Fund intended to help jump start new rental supply in the region is a welcome announ
Housing Fund intended to help jump start new
rental supply in the region is a welcome announcement.
Interviews with a representative sampling of the city's renting population indicate that 57 percent of households have had trouble finding
rental housing and that
affordability is the main problem for nearly half of these.
Also at 12:45 p.m., Rep. Sean Patrick Maloney will join a first - time homeowner and
housing experts to announce legislation to help middle class families afford rising
housing costs amid a national
rental affordability crisis, home of Taylor Van Dyck, 33 Ontario Ave., Middletown.
In addition, residents confront a
housing affordability challenge — with an estimated 40 percent of all renters devoting more than 30 percent of their household income to
rental or lease costs.
HUD Buffalo Field Office Director Joan Spilman said: «HUD's
Rental Assistance Demonstration is quickly becoming an essential tool for preserving
affordability across a wide spectrum of subsidized
housing programs in New York.
Issues, he says, like college
affordability and expanding
rental options when it comes to
housing.
It would extend the length of the abatements from 25 years to 35 years, mandate that all
rental projects receiving the subsidy include affordable
housing in their project and, like de Blasio's proposal, gives developers three options for
affordability.
On the contrary, poverty rates for various groups, including children, have seen much less improvement in London compared to the Northern regions;
house price
affordability and private
rental costs have increased substantially in London but not in the North; homelessness has worsened in London but improved in the North; and overcrowding remains particularly acute in the capital.
TORONTO — Ontario's highly anticipated package of
housing measures is set to be announced Thursday and will take aim at speculators, expedite more supply, tackle
rental affordability and look at realtor practices.
Still, there's one option, when it comes to addressing
housing affordability, that tends to get less than its fair share of press: build more
rental units.
The city says the goal of the tax is boosting
housing affordability and opening up more
rental units.
Residential Rents should increase moderately: «The faster pace of rent increases last year may have been attributable in part to the reduced
affordability of owner - occupied
housing, which led to a greater demand for
rental housing.
Housing prices remain high based on traditional measures such as
affordability and
rental returns.
Other common causes include
housing affordability, ecological stewardship, and the most critical nationwide issue — lack of affordable, well managed
rental accommodations.
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