News Updates
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Older Adults Increasingly Living in Suburban Neighborhoods
Households headed by older adults are increasingly located in low-density suburbs, according to the latest Housing America’s Older Adults report from the Joint Center for Housing Studies at Harvard. In a growing number of suburban neighborhoods across the country, adults age 50 and over comprise a majority of the population. Overall, the report found that the number of people older than 65 grew from 35.0 million in 2000 to 46.1 million in 2016. Half this growth—just under 6 million persons—occurred in lower density metropolitan area census tracts, while an additional 13 percent occurred outside of metro areas. Keep reading »
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How the Government Shutdown is Hurting Some of America’s Poorest Families
According to a NBC News article, the Department of Housing and Urban Development is one of the seven agencies most directly affected by the current government budget standoff. Most of HUD’s routine enforcement activities have been suspended, including mandatory health and safety inspections of housing for low-income families, the elderly and people with disabilities, according to the shutdown contingency plan that HUD posted on its website. Keep reading »
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The Three Housing Stories to Watch in 2019
NextCity suggests these three stories should be watched closely in 2019: Opportunity Zones, single-family zoning, and privatization of public housing. Keep reading »
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New Jersey Invests $28 Million to Increase Affordable Housing Statewide
The state of New Jersey is investing $28 million through a series of Low Income Housing Tax Credits that will help build 1,400 affordable apartments for families, seniors and special needs residents across the state. The LIHTC investments will come from the New Jersey Housing and Mortgage Finance Agency. Keep reading »
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Economic Recovery Not Reaching All of NJ
A new economic study shows the post-recession recovery is elusive for low-income workers in New Jersey who struggle to pay for basic needs. Keep reading »
