by CivMetrics Staff | Feb 2, 2023 | Affordable Housing, Infrastructure, Uncategorized
New York Gov. Kathy Hochul plan to increase statewide housing stock would require local communities to meet a certain number of housing unit targets. A 3% housing stock growth goal every three years would apply to downstate cities like Long Island. Parties opposed to...
by CivMetrics Staff | Jan 31, 2023 | Affordable Housing, Infrastructure, Uncategorized
The South Dakota House of Representatives, by a 54-16 vote, approved a $200 million package to be allocated towards housing infrastructure projects across the state. It makes use of $150 million from the state general fund, while the remaining $50 million will be...
by Mary Scott Nabers | Jul 8, 2022 | Affordable Housing, Uncategorized
Billions of dollars in public funding and tax enrichments are currently available to support the construction of affordable housing throughout the U.S. The impetus behind these incentives is the country’s affordable housing shortage which has reached near-crisis...
by CivMetrics Staff | Jul 8, 2022 | Affordable Housing, Uncategorized
In the past few years, there has been an influx of institutional investors buying properties across the US and converting them to rentals. With its impact to the housing market, some states are now proposing actions and ordinances that promote homeownership. The...
by CivMetrics Staff | Jul 8, 2022 | Affordable Housing, Bonds, Uncategorized
Four out of 6 Palm Beach County commissioners this week voted in favor of including a $200 million affordable housing bond on voters’ November ballot. If approved by voters, the money will be used to finance the construction of condominiums, rental units, family...
by CivMetrics Staff | Jul 7, 2022 | Affordable Housing
As city budgets tightened post-2008, some governments turned to privatization to construct affordable housing. But there are other policy options for cities to ensure affordable housing for its residents, say researchers in a recent white paper from the Center for...