Quantcast

Top Affordability News

Latest News

Affordability

Minimum wage can't meet housing costs in Texas
By Pat Morris

The conventional wisdom to pay no more than 30 percent of your net income on housing can seem more and more like a pipe dream, especially to a population trying to work itself, or keep itself, out of homelessness.

Affordability

North Texas suburb developing tiny home neighborhood to alleviate affordable housing issues
By Joe Chen

Lake Dallas, a suburb in North Texas, is developing the nation's first tiny home neighborhood in response to growing affordable housing issues.

Affordability

Large majority of Texans want policymakers to address affordable housing issues, new poll finds
By Joe Chen

A recent Texas Lyceum poll that surveyed 1,200 Texans found that nearly half of them perceived housing as unaffordable, with approximately 70% wishing the state and cities would do more to make housing affordable.

Affordability

Houston seeks $10 million to combat crime uptick
By Pat Morris

The good news? Houston’s overall crime rate is down 6%, and nonviolent crime is down 9%.

Affordability

Report: 25 percent of renters across the nation spend more than half their income on rent in 2018
By Vimbai Chikomo

One in four tenants spent more than half of their income on rent in 2018, according to a recent report by the Joint Center for Housing Studies of Harvard University. This works out to be 10.9 million renters, with 6 million considered cost-burdened in 2018 than they were in 2001.

Affordability

Opportunity Zones projected to invest $100 billion into underserved communities
By Vimbai Chikomo

President Trump is creating a new channel to funnel additional resources into underserved communities through the 2017 Tax Cuts and Jobs Act’s Opportunity Zones provision, which ushers in a range of tax cuts to catalyze job growth in poor communities.

Affordability

Turner Signs Executive Order for ‘Livable Wage’
By Urban Reform Staff

Mayor Sylvester Turner issued an executive order for a livable wage of, at minimum $12 per hr, by 2021 for Houston Airport System contractors and concessionaires.

Affordability

Houston Tops Lists for Housing Affordability
By Urban Reform Staff

This week, Demographia released its 16thannual International Housing Affordability Survey which analyzed 309 housing markets across the globe.