News Updates
-
Pandemic’s Toll on Housing: Falling Behind, Doubling Up
People are falling behind on rent and resorting to taking on subtenants Keep reading »
-
Affordable Housing Advocates Look Beyond the Election
An article on HousingFinance.com discusses what the election could mean for affordable housing in 2021 and beyond. Issues discussed include the role of stimulus funding related to the pandemic, tax credits, leadership positions in the House and Senate, and President-Elect Biden’s transition plan. Read “Affordable Housing Advocates Look Beyond the Election.” Keep reading »
-
Waiving Regulations for Affordable Housing Shows Promise
Next City explores how Austin, TX has waived zoning regulations to jumpstart affordable housing with its Affordability Unlocked program. The program has been in effect for less than a year, but it has already started to show results. At least one project that is taking advantage of the program has already broken ground. Forty-six applications have been filed as of the beginning of September, and 26 projects certified in almost every district of the city, promising some 2,700 new units of housing, of which 2,300 will be affordable, according to the presentation. According to the Neighborhood Housing and Community Development department, developers of 16 of the 26 certified projects have self-reported at least 650 additional units that wouldn’t have been possible without the program. Learn more about reducing barriers to affordable housing and what could be transferable to New Jersey. Keep reading »
-
Court Rules Hoboken Luxury Developers Must Provide Affordable Units
After nearly a decade of litigation, an appellate court ruled that four luxury Hoboken developments must reserve 10 percent of its units for affordable housing — a requirement developers allegedly tried to waiver. The Harlow, The Artisan on Clinton, Park + Garden, and Vine and Hoboken will be required to provide 56 affordable homes. Between the four developments, there will be a total of 546 new luxury homes. Read about the affordable housing court case in Hoboken. Keep reading »
-
Edgewater’s Affordable Housing Plan Gets Court’s Approval After Years of Litigation
After years of litigation, a judge has approved an affordable housing agreement that will bring at least 180 units to a future development in Edgewater. Keep reading »