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In August, the manager of a tax credit site in Newark, N.J., reported that during this past summer, residents have suffered an increase in criminal activity that has been unusual even for inner-city housing projects. For example, as reported in the New York Post on August 6, four teenage students who were listening to music in a parking lot not far from a local housing project were shot by a group of armed thugs.
In February, the D.C. Court of Appeals dealt the D.C. Housing Authority (DCHA) and its residents a setback. The court's decision in Pratt v. District of Columbia Housing Authority put a dent in DCHA's efforts to have local D.C. law support HUD's “One-Strike” policy. The One-Strike law, which permits owners to evict assisted housing residents for lease violations involving criminal activity, applies to Section 8 (Housing Choice Voucher) and Sectio...
HUD is seeking comments from owners and managers about its Enterprise Income Verification (EIV) System. Specifically, HUD would like to hear about the experiences of owners and managers in seeking and gaining access to the EIV System and in using various multifamily applications and reports contained within the EIV System.
Sending comments to HUD. Owners and managers wishing to submit comments about EIV should email their comments to: Read More
In February, the D.C. Court of Appeals dealt the D.C. Housing Authority (DCHA) and its residents a setback. The court's decision in Pratt v. District of Columbia Housing Authority put a dent in DCHA's efforts to have local D.C. law support HUD's “One-Strike” policy.
Sales of new homes fell by 26 percent in 2007, the biggest drop since 1963, when record-keeping began, the U.S. Department of Commerce reported last month.
2007 was also the worst year for housing starts in 16 years and, perhaps, since the Great Depression. In December 2007, housing starts were 1.006 million units, compared with 996,000 units built in 1991, Commerce Department officials report. December 2007 was itself a terrible month for housing starts: They wer...
A study of the Washington, D.C., metropolitan area, released in January 2008 by the Urban Institute, indicates that as the result of an aging population, demand for affordable housing will rise significantly over the next 30 years. The study, titled “Housing in the Nation's Capital—2007,” also indicates that the findings of the Institute, a Washington-based nonprofit think tank, are equally valid for other regions of the nation.
In line with New York City Mayor Michael C. Bloomberg's stated goal of locating and using public land to increase the supply of affordable housing, a new housing project is scheduled for construction on Manhattan's Lower East Side.
As of Dec. 18, 2007, HUD ceased prohibiting project-based voucher rents from exceeding tax credit rents. According to housing groups such as the National Leased Housing Association (NLHA), the old voucher rule, which went into effect in October 2005, was flawed; it required a change in the project-based voucher program that was inconsistent with guidance previously provided by HUD.
The national trust fund bill (H.R. 2895) passed by the House of Representatives sets a goal to create 1.5 million affordable housing units over the next 10 years.
“The growing shortage of affordable housing is one of the most serious social and economic problems facing our country,” says Rep. Barney Frank (D-Mass.). According to him, the trust fund's main purpose is to build, rehabilitate, and preserve affordable rental housing nationwide. But fund...
HOPE VI, a federal program that converts distressed public housing into mixed-income sites, has strong, bipartisan support in both Houses of Congress, although the current administration claims that HOPE VI has outlived its usefulness.
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