Join @pewtrusts November 17 @ 2pm ET for a discussion on @USTreasury's Homeowner Assistance Fund.
We'll talk program development, challenges, successes, lessons learned, land contracts, #manufacturedhousing with experts from Treasury, AZ, PA, TX, @NHLP.
https://t.co/Jqd9wtImHI
@united What's going on with UA697?
It's been 2 hours on the runway and pilot says he's not getting any info from United, no busses/gates available, and most importantly *supplies are running out and lavatory tank is filling up.*
Rising costs and limited inventory of homes are just a few of the obstacles Americans face when it comes to homeownership. I’m grateful for the work of my colleagues @Tara_In_DC and @AlexHrwtz who are researching these challenges and possible solutions. https://t.co/V9peKaDRWe
These reforms have boosted Minneapolis' housing availability:
• Eliminate parking mandates
• Encourage apartments in commercial corridors
• Establish height minimums near jobs and transit
• Permit duplexes, triplexes on *all* lots
https://t.co/ICbSrXYhb0
Tighter rules and high costs mean lenders are reluctant to offer small #mortgages, forcing cash-poor buyers to seek riskier options. #housing#AffordableHousing https://t.co/Wn0hkekfsO
🆕 Among the 4 largest U.S. cities, NYC, LA, and Chicago saw a decrease in Black residents over the past two decades, while Houston saw an increase.
One way Houston allowed more housing—reducing its minimum lot size requirements. #TXlege https://t.co/tgJRu0uVL2
Manufactured homes are affordable factory-built residences installed in 1 to 3 sections after delivery. Most of the process is automated and standardized which reduces costs compared to site-built or modular housing. @AlexHrwtz@Tara_In_DC@pewtrusts
https://t.co/aBkPABXJ7b
My friend is reading a book to her kid, where Minnie runs for president and discusses polling sampling methods! This is my new favorite book and I haven’t even read it yet (but I did order a copy).
🧵Renting in the U.S. has become increasingly expensive—and in cities that haven’t made more housing available, homelessness has also risen significantly.
Our experts explore the data and solutions to this persistent issue.
📷: Levi Meir Clancy
NEW: Data illustrates how housing costs drive homelessness levels.
📈 As rents rise, so does homelessness.
Fortunately, in regions like Minneapolis and Houston that added housing and kept rent growth low, homelessness dropped: https://t.co/mzYcJgAmmp
How hard is it to get a $150K mortgage?
@PewTrusts analyzed data that shows the decline of small mortgages over the last 17 years—while mortgages $300K+ have steadily increased. https://t.co/T9GV9vIDtE
New: Areas in New York that saw the slowest rent growth from 2017 to 2023 made more housing available.
Areas with strict zoning that couldn’t keep up with the housing demand saw rents spike.
Why adding more housing improves affordability: https://t.co/xVOweXDX9V
In a new blog, Jim Parrott and I provide further clarity on Fannie and Freddie's pricing changes. The data clearly show that the FHFA is not penalizing people with good credit. https://t.co/2fFK5ohecU
Homelessness is higher in areas where rents are higher, new research shows.
What’s more is cities are finding ways to keep housing costs and homelessness low. How?
Making enough housing available—especially lower-cost options. https://t.co/EY5fKGYRrw