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How Can We Keep Housing Affordable? - Charlotte Magazine - September 2017

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As teachers, cooks, cashiers, and bus drivers are being priced out of Charlotte, one question looms: How does a growing, thriving city in modern America keep housing affordable for its working-class citizens? By RACHEL JONES Published: 2017.08.23 06:21 AM Jacqueline Ingram (middle) works full-time at the Ross Dress For Less distribution center in Rock Hill. But in this booming region, her salary isn’t enough to comfortably buy a home for her and her kids, 12-year-old Nya and five-year-old Rejonee. PHOTOS BY ANDY MCMILLAN ONE RECENT SUNDAY AFTERNOON , Jacqueline Ingram and her two daughters explore an empty four-bedroom house for sale on a Brianna Way cul-de-sac in southwest Charlotte , filling it with their dreams along the way. “This one is mine,” 12-year-old Nya says of an upstairs bedroom with a view of the Clanton Park neighborhood . “I could put my chest over there, and my table there.” As five-year-old Rejonee sprawls out on the carpet in the room across the hall, In...

With California Lawmakers Back from Recess, Housing Crisis Is in the Crosshairs

Cross posted from our sister-site, Santa Monica Next . California state legislators are back in Sacramento after a month- long summer recess and they are looking to tackle the state’s growing housing crisis with a package of bills that could generate more than $3 billion for affordable housing as well as streamline new housing approval and construction. But lawmakers and political observers alike have noted that it won’t be an easy task to get the votes necessary to pass some of bigger-ticket legislation, like S.B. 2 and S.B. 3 , both of which have passed the State Senate but still need to get through the Assembly. And both require a two-thirds supermajority to pass. S.B. 2, introduced by State Senator Toni Atkins (D-San Diego), would place a $75 fee on real estate transactions and generate roughly $250 million a year annually. State Senator Jim Beall (D-San Jose) introduced S.B. 3, which would put a housing bond before the voters in 2018 that would generate $3 billion. “We ne...

Nonprofit to develop affordable housing complex in Phoenix for c - 3TV

PHOENIX (3TV/CBS 5) - Homeless advocates say gaps in affordable housing options continue to be an issue in parts of Arizona, but a local organization is trying to help answer the call with the development of a new complex that also emphasizes energy efficiency . UMOM New Day Centers, based in Phoenix, announced plans to develop a four-story apartment complex called “19 North” that can accommodate up to 54 families in need of affordable housing . The $16 million project will be built on a vacant lot near Morten and 19th avenues in Phoenix, and is expected to be completed in 2019. Michelle Ray knows all too well the impact of having affordable housing options after she hit a rough patch in her life about 9 years ago. She and her 18-month-old daughter needed a place to turn to in the face of limited options , so Ray reached out to UMOM for help. Ray said she doesn’t like to imagine what her life would be like if she didn’t find UMOM and affordable housing . “I know if it wasn’t for ...

South Africa: Cape Town Skyscraper to Include 'Affordable' Apartments - at R800 000 Each

Cape Town property developers FWJK have promised that their planned city centre skyscraper will include affordable housing - but the price of the "affordable" apartments will be "less than R800 000". If it is given the go-ahead, the Zero-2-One skyscraper planned for the corner of Strand and Adderley Streets will be the tallest building in Cape Town and will contain more than 620 apartments, GroundUp reports. FWJK says affordable housing has been included in the plans, through the provision of 104 apartments which will sell for "less than R800 000", according to regional director Craig Armstrong . Armstrong told GroundUp the apartments would be sold on a "first come first served basis to qualifying buyers". Asked to say who would be "qualifying buyers", Armstrong said the target market was the " Sectional Title sale development market " and that the company believed "market forces will prevail through the provision o...

As housing market soars, poorest renters are priced out

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"); } if ($(imageDivId).length == 0) { $("#wrapper").after(contentText); } })(jQuery); BREMERTON, Wash. - Crystal Turner stood in the kitchen of her cramped apartment and stared at the cracks in the fake wood flooring beneath her feet. Surrounding her was the home she'd made for herself and her two sons in the past year, since they moved out of her Toyota Camry and into Admiral Manor, a low- rent apartment complex in west Bremerton . There was the single bedroom with two kids' beds on the floor. The living room she'd decorated with signs that said "Hope" and "Love." A dingy bathroom with a leaking toilet that had never been fixed. In this undated photo, Matthew Daigneault pushes his son Aden as he plays outside on the swings of his rental home in West Bremerton , Wash. (Larry Steagall/Kitsap Sun via AP) © 2017 Cox Media Group . Admiral Manor wasn 't the place Turner, a recovering addict, wanted to raise her boys. It was the place...

Natick: Apartments proposed for Speen Street - News - MetroWest Daily News, Framingham, MA

Brian Benson Daily News Staff @bbensonMWDN NATICK - Another housing development could be coming to Speen Street to the north of Rte. 9. Developer Josh Katzen of Cloverleaf Mall and Cloverleaf Apartments is eyeing building about 125 apartments in the same area off Speen Street. The Cloverleaf West Apartments would be built under Chapter 40B and include affordable units . It would be a 10-story building like the existing apartments, Katzen said. "We’re at the very early stages," Katzen told the Planning Board recently . The Massachusetts Housing Partnership needs to sign off before it would go before the Natick Zoning Board of Appeals, he said. Chapter 40B is designed to spur the creation of affordable housing . Because Natick is above a state requirement for affordable housing units , a developer who proposes a Chapter 40B project loses an opportunity to appeal a zoning board decision to the state Housing Appeals Committee . But the zoning board can still consider 40...

Affordable housing in the works for East Bayside, East Deering

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It’s been only two months since the Portland Housing Authority opened Bayside Anchor , its first new housing development in decades. But already, the low- income housing provider is poised to file plans for two additional projects , totaling more than 155 units of housing at a time when a dearth of affordable housing in Maine’s largest city is reaching crisis levels . “This is the continuation of our effort to be a part of the solution to the affordable housing crisis in Portland,” said Jay Waterman, the housing authority ’s development director. The authority is looking to build a 55- unit apartment building at 58 Boyd St. in the city’s East Bayside neighborhood . The site is practically across the street from Bayside Anchor , a highly energy- efficient PHA apartment building at 81 Oxford St. with 45 units that opened in June. A public meeting about the East Bayside proposal has been scheduled for Monday, from 6:30 p.m. to 8 p.m., at 47 Smith St. Meanwhile, about 2 miles away, t...

AFL-CIO HIT Celebrates Grand Re-Opening Of Senior Housing At Chicago's Kenmore Plaza Apartments

CHICAGO , Aug. 9, 2017 /PRNewswire-USNewswire/ -- The AFL- CIO Housing Investment Trust (HIT) today celebrated the grand re-opening of the Kenmore Plaza Apartments , which recently completed an extensive $61 million rehabilitation. The 28-story, 324-unit building provides affordable housing exclusively to the elderly. The rehabilitation work included reducing the operating costs of the building by installing durable and easy to maintain materials and energy efficient equipment , improving energy and water efficiency over the long term, as well as upgrading the current residential units , floor hallways, interior ground floor , and building exteriors and the construction of a small addition to the existing structure. The HIT provided $22.9 million of financing through the purchase of Ginnie Mae construction loan certificates and a permanent loan certificate . "The HIT investment is helping preserve a historically significant building that has been a major source of afforda...