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Hans Riemer: The Montgomery County Council made historic progress on housing
The writer served as an at-large Montgomery County council member from 2010-2022, and was chairman of the council’s Planning, Housing & Economic Development Committee. Responding to the growing challenge of affordability in an expensive region, the Montgomery County Council enacted powerful housing policies over the past several years. As the just-finished council’s chair on housing…
Read MoreSearch Titan Development, Alliance Residential and The City of Albuquerque Commission Public Mural at Broadstone Nob Hill Community
Titan Development, Alliance Residential, RS21, and the City of Albuquerque announced a large-scale public mural on the eastern side of Broadstone Nob Hill, a multifamily property developed by Titan and Alliance at 4101 Central Avenue Northeast in Albuquerque’s East Nob Hill neighborhood. Based on a concept by Titan Development, the muralist Todd Hebenstreit has worked alongside Resilient Solutions 21 (“RS21”),…
Read MoreLas Cruces City Council commits millions toward hundreds of affordable apartments
Finding a place to rent in Las Cruces is tough. Finding a cheap place to rent is even harder. Whether a renter looks in Sonoma Ranch, Chiva Town, or Mesilla Park, the city says affordable rentals are few and far between. They estimate that New Mexico’s second-largest city would need an additional 5,600 units to…
Read MoreExperts Predict What The Housing Market Will Look Like In 2023
The housing market is sending clearer signals that historically low mortgage rates and the home-buying frenzy have come to an end. As we near the end of 2022, here’s a look at the expectations of real estate experts for 2023. Read more
Read MoreFor Landlords, Rising Housing Costs Make It Harder to Earn Passive Income
Higher mortgage rates and inflation change the risks and rewards of investing in rental properties Many Americans dream the path to building wealth is like a trip around the Monopoly board, buying up properties that generate rental income. That can be true, but financial advisers warn the costs and aggravations of playing the landlord game…
Read More‘It is the obvious thing.’ The White House tries a new tack to combat homelessness
More people than ever are being moved out of homelessness in the U.S., just over 900,000 a year on average since 2017. The problem is that about the same number or more have lost housing in the past few years. The Biden administration’s latest plan to fight the homelessness crisis, released Monday morning, calls for more action to…
Read MoreLandlords to sell properties after rent freeze
Private landlords are deserting the sector in droves due to an official rent freeze in an exodus that will fuel Scotland’s housing crisis, experts have warned. Ministers introduced a six-month rent cap as an emergency measure in October to help more than 300,000 tenants weather steep cost of living rises. Read more
Read MoreOwnership Isn’t The Problem, Scarcity Of Housing Is
Last month I attended a community meeting in Cincinnati students of the Housing Systems course in the University of Cincinnati School of Planning to discuss “how institutional investors are impacting our city; what is currently being done to address this issue and what more we need to do.” I’ve posted before about the Port of…
Read MoreWhy coordinated care is key to Houston’s housing-first approach to homelessness
Siloed services for the homeless resulted in service gaps and duplication of efforts, city leaders said. Getting from there to coordinated funding and operations across the community took buy in. Before 2012, the dozens of organizations providing services to people experiencing homelessness in Houston largely did not collaborate. They operated in “silos,” and implemented “programs…
Read MoreRent Control Largely Failed This Year But Expect It to Re-Emerge in 2023
NMHC takes a closer look at states where the legislation is being considered. With the mid-term elections behind us, it’s a good time to recap the status of rent control across the country. The National Multifamily Housing Council (NMHC) is tracking 23 states that have such proposals or laws in play. NMHC points out that…
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