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City seeing mixed results halfway through Strategic Housing Blueprint - Austin Monitor

The city of Austin is making progress in preserving affordable housing and building new housing, but is far behind on its district-based goals for affordable housing and permanent supportive housing for the homeless.
The city's east side districts have added more housing stock than their west side counterparts, with District 4 leading in progress towards its housing goal.
#housing-crisi

Key lawmaker 'not worried' about market rate housing as Gov is set to make push

A key state lawmaker downplayed the importance of non-affordable housing in New York City's housing crisis.
The lawmaker's remarks highlight the difficulty Governor Kathy Hochul will face in implementing housing reforms.

NYC launches new initiative to bring low-cost housing to wealthier areas

New York City's housing crisis is being addressed through the Mixed Income Market Initiative, which will provide city subsidies to development projects that include homes for a wide range of household incomes.
Projects selected for the initiative must be 70% affordable and 30% market rate, and include a mix of housing options such as homeless-set aside units and supportive housing units.

San Jose Assemblymember touts committee appointments

Assemblymember Alex Lee has been appointed to state committees on housing and community development, labor and employment, and budget.
Lee has proposed social housing legislation to tackle California's housing crisis, which has garnered support from various stakeholders.

Key lawmaker 'not worried' about market rate housing as Gov is set to make push

A key state lawmaker downplayed the importance of non-affordable housing in New York City's housing crisis.
The lawmaker's remarks highlight the difficulty Governor Kathy Hochul will face in implementing housing reforms.

NYC launches new initiative to bring low-cost housing to wealthier areas

New York City's housing crisis is being addressed through the Mixed Income Market Initiative, which will provide city subsidies to development projects that include homes for a wide range of household incomes.
Projects selected for the initiative must be 70% affordable and 30% market rate, and include a mix of housing options such as homeless-set aside units and supportive housing units.

San Jose Assemblymember touts committee appointments

Assemblymember Alex Lee has been appointed to state committees on housing and community development, labor and employment, and budget.
Lee has proposed social housing legislation to tackle California's housing crisis, which has garnered support from various stakeholders.
morehousing-crisi

Day Around the Bay: Head of SF Mayor's Affordable Housing Office Announces Departure

70 firefighters respond to 2-alarm fire in Outer Mission
Director of SF's affordable housing office resigns
#fort-green

Affordable Housing Lottery Opens For Fort Greene Development

The Hanson Place Community Plaza in Fort Greene has launched an affordable housing lottery for 87 apartments.
The apartments are designed for households earning between 50%-140% of the Area Median Income, with rents starting at $910 per month.

Affordable housing lottery opens for Fort Greene apartments, with monthly rents starting at $910 * Brooklyn Paper

An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene's South Portland Avenue.
The development includes 104 units, of which 44 are deemed truly affordable for families earning 50% to 60% of the Area Median Income.

Affordable Housing Lottery Opens For Fort Greene Development

The Hanson Place Community Plaza in Fort Greene has launched an affordable housing lottery for 87 apartments.
The apartments are designed for households earning between 50%-140% of the Area Median Income, with rents starting at $910 per month.

Affordable housing lottery opens for Fort Greene apartments, with monthly rents starting at $910 * Brooklyn Paper

An affordable housing lottery has launched for 87 apartments in a new development on Fort Greene's South Portland Avenue.
The development includes 104 units, of which 44 are deemed truly affordable for families earning 50% to 60% of the Area Median Income.
morefort-green
#california

See the new California laws looking to boost affordable home construction

California has passed several state bills aimed at increasing the construction of affordable housing by bypassing environmental reviews and curbing discretionary hearings.
One bill requires the approval of affordable housing projects on urban land owned by private colleges and religious institutions without a discretionary review process, while another bill extends the consequences for cities that fail to build enough homes to meet state-mandated goals.

See the new California laws looking to boost affordable home construction

State bills signed into law aim to boost affordable housing construction in California by bypassing environmental review processes and curbing discretionary hearings.
Key measures include requiring 'by-right' approval for affordable housing projects, extending consequences for jurisdictions that fail to meet housing goals, and limiting security deposits for renters.

See the new California laws looking to boost affordable home construction

California has passed several state bills aimed at increasing the construction of affordable housing by bypassing environmental reviews and curbing discretionary hearings.
One bill requires the approval of affordable housing projects on urban land owned by private colleges and religious institutions without a discretionary review process, while another bill extends the consequences for cities that fail to build enough homes to meet state-mandated goals.

See the new California laws looking to boost affordable home construction

State bills signed into law aim to boost affordable housing construction in California by bypassing environmental review processes and curbing discretionary hearings.
Key measures include requiring 'by-right' approval for affordable housing projects, extending consequences for jurisdictions that fail to meet housing goals, and limiting security deposits for renters.
morecalifornia

Condo? Can Do! Here's Where Townhomes and Condos Will Deliver the Biggest Discounts for First-Time Homebuyers

First-time homebuyers are facing a challenging market due to high mortgage rates, home prices, and low inventory levels.
Condos and townhomes can be a more affordable option for first-time homebuyers, offering a lower-cost alternative to single-family homes.

Miami legislators seek changes to law that spurred Ocean Drive high-rise proposal

Florida lawmakers have filed bills to amend the Live Local Act, a law aimed at incentivizing affordable housing.
The proposed changes would clarify language and give local governments more control over building sizes and heights.
The bills address concerns from both developers and local leaders.

Leslie Pool launches into the final year of a busy decade - Austin Monitor

Leslie Pool, a City Council member, has shifted her stance on housing regulations and is now advocating for zoning changes to allow for more housing.
Pool believes that the environmental crisis in Austin must be balanced with the need for more people to live in the city, prompting her change in position.
#builders-remedi

Beverly Hills Remains Vulnerable to Builder's Remedy

The City of Beverly Hills' housing plan was rejected by the state, leaving it vulnerable to builder's remedy.
The city must submit another revised plan that shows how it plans to comply with fair housing laws.

Redondo Power Plant Closes; Next Comes Redevelopment

A 116-year-old power station in Redondo Beach has closed down, allowing for a mixed-use redevelopment project on the site.
The redevelopment project is utilizing a legal provision called the builder's remedy, which allows builders to bypass local zoning rules if they include a minimum percentage of affordable homes.

Beverly Hills Remains Vulnerable to Builder's Remedy

The City of Beverly Hills' housing plan was rejected by the state, leaving it vulnerable to builder's remedy.
The city must submit another revised plan that shows how it plans to comply with fair housing laws.

Redondo Power Plant Closes; Next Comes Redevelopment

A 116-year-old power station in Redondo Beach has closed down, allowing for a mixed-use redevelopment project on the site.
The redevelopment project is utilizing a legal provision called the builder's remedy, which allows builders to bypass local zoning rules if they include a minimum percentage of affordable homes.
morebuilders-remedi

When Will New York Solve Its Housing Crisis? Probably Not This Year.

New York State's housing crisis remains unresolved as lawmakers failed to make significant progress in 2023.
The upcoming 2024 legislative session will test the state's willingness to address the housing shortage.

Ryan Alter reflects on 'tangible results' of his first year in office - Austin Monitor

Photo by Council Member Ryan Alter
Wednesday, January 3, 2024 by Jo Clifton

Best home deals the week of Dec. 18 in Los Gatos

The most affordable real estate sale in Los Gatos was a house in Monte Sereno that sold for $460,000.
The overall average price of real estate in the area during that time was $2.3 million.

To lure more teachers, CO school districts enter the housing market

Colorado school districts are taking action to address the lack of affordable housing options for their employees.
Solutions include partnerships with developers, constructing tiny homes, and becoming landlords.

NYC plans to build new affordable housing in wealthy neighborhoods

New York City's wealthier neighborhoods may see an influx of more affordable housing due to a new plan that rewards developers with a tax break for building mixed-income rental projects.
The plan, called the Mixed Income Market Initiative (MIMI), incentivizes projects that include affordable and market-rate units, with a preference for those that have the most affordability and efficiently use city funding.
The initiative is part of Mayor Eric Adams' effort to add 500,000 more homes to NYC in the next 10 years.

Camber Property Group, Riseboro Close On $75M Brooklyn Project

Camber Property Group and RiseBoro Community Partnership have closed on a $75 million deal to develop 1601 DeKalb Avenue in Bushwick, Brooklyn.

East Flatbush to get 322 fully affordable apartments thanks to new development, Utica Crescent * Brooklyn Paper

Rendering via New York Governor's Press Office
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