News Updates
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Cash Assistance to Renters Considered as Alternative to Vouchers
A group of researchers at the Department of Housing and Urban Development have been developing an idea that could fundamentally upend the nearly 50-year-old housing voucher program, which helps more than 2 million low-income families afford apartments in the private rental market every year. Keep reading »
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Jersey City Considering ADUs to Help with Affordability
Jersey City Considering ADUs to Help with Affordability Keep reading »
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Report Says NJ Doubled Affordable Housing Starts Since 2015
New Jersey towns doubled the rate at which they built affordable housing after a judge declared the statewide agency meant to oversee such construction defunct in 2015, shifting the process to court settlements, according to a report released by Fair Share Housing Center. Keep reading »
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The Rise in Institutional Ownership of Residential Properties in NJ
A new report from the NJ Department of Community Affairs explores the statewide trend in institutional home ownership and identifies communities where one‐ to four‐family housing stock is rapidly shifting to corporate ownership. It also examines the impact of the rise in institutional homeownership on changes in residential sales prices and sales volumes. Read the report on institutional residential property ownership. Keep reading »
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Affordable Housing Ballot Measures Get Approval Across the Country
Affordable housing measures were on midterm election ballots in dozens of localities across the country. It’s a sign of the pain people have been feeling as a historic housing shortage has pushed rents and home prices to record highs. A number of cities just approved hundreds of millions of dollars in new spending to do something about it. Learn more about what places are doing to increase affordable housing stock. Keep reading »
