Housing News

Democracy Collaborative Interviews Chris Krehmeyer, CEO of PLACE Member “Beyond Housing”, about Comprehensive Community Development

Democracy Collaborative Interviews Chris Krehmeyer, CEO of PLACE Member “Beyond Housing”, about Comprehensive Community Development

St. Louis’ homegrown community land trust, “Beyond Housing”, has been doing work in the community for over 20 years and to date, owns over 422 homes and community commercial space such as a bank, grocery store, and movie theater. Democracy Collaborative’s Michelle Stearn interviews Beyond Housing’s CEO Chris Krehmeyer about how it ties affordable housing, […]

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FY 2016 HUD Budget: HOME Funding Restored

FY 2016 HUD Budget: HOME Funding Restored

NEWS: In a welcome turn of events, last Friday President Obama signed into law a $1.1 Trillion Omnibus spending bill (“Omnibus” being a bill that lumps together all 12 annual appropriations bills into one), which provides substantially improved funding levels for many HUD programs (see the full funding list by HUD program here). HOME Allocation: […]

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Senate Cuts HOME by 93%, House Cuts NHTF to Keep HOME level, President Threatens to Veto

Senate Cuts HOME by 93%, House Cuts NHTF to Keep HOME level, President Threatens to Veto

NEWS: Senate: The Senate Appropriations Committee passed a bill proposing to fund HOME at $66 million in 2016; just seven percent of the $900 million HOME funding level in 2015. Many local jurisdictions would receive as little as $10,000 under the bill. Amendments to the bill to restore funding by Senator Jack Reed failed. House: The House passed a bill […]

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Supreme Court Rules to Continue Utilizing “Disparate Impacts” as a Standard to Enforce Fair Housing

Supreme Court Rules to Continue Utilizing “Disparate Impacts” as a Standard to Enforce Fair Housing

News: The Supreme Court ruled Thursday June 25, 2015, 5-4 in favor of Disparate Impact 2015 that HUD can continue to utilize Disparate Impact as the standard for challenging housing laws, practices and polices. Context: HUD uses Disparate Impact as their standard for enforcing the Fair Housing Act of 1968. Disparate Impact allegations can be made based on […]

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HUD Releases Interim Regulations for the National Housing Trust Fund

HUD Releases Interim Regulations for the National Housing Trust Fund

News: HUD released the interim regulations for the administration of the National Housing Trust Fund (NHTF) that are expected to be distributed in early 2016.  As mention in an earlier PLACE story, FHFA has decided to lift the suspension on Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac to pay fees into to fund the […]

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President Increases HOME Allocation in FY2016 Budget Proposal, But Potentially Diverts Funds from New Affordable Home Creation

President Increases HOME Allocation in FY2016 Budget Proposal, But Potentially Diverts Funds from New Affordable Home Creation

News: President Obama’s budget released February 2, 2014 proposes an 18% increase in funding for the HOME Investment Partnerships Program (HOME) for a total allocation of $1.06 billion and includes a new initiative called the “Upward Mobility Project” funded at $1.5 billion over 5 years. This initiative would allow certain states and localities (up to 10) to combine funds from four […]

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8/25/14 – NLIHC Releases Report on Affordable Rental Housing Gap

8/25/14 – NLIHC Releases Report on Affordable Rental Housing Gap

The National Low Income Housing Coalition (NLIHC) just released its annual report on the state of rental housing for lower income households. Unlike previous years, the report examines the state of housing for those earning 15% Area Median Income (AMI) or less in addition to its typical analysis of 30% AMI households. It reports that […]

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7/31/14 – The Brookings Institute Updates 2011 Study on the Growth of Concentrated Poverty

7/31/14 – The Brookings Institute Updates 2011 Study on the Growth of Concentrated Poverty

The Brookings Institute updated their 2011 study called the “Re-emergence of Concentrated Poverty” with a new study they’re calling “The Growth and Spread of Concentrated Poverty, 2000 to 2008-20012“. This study describes where and and at what rate low-income households are being concentrated in high poverty/distressed neighborhoods. It is accompanied by an interactive feature to […]

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