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A 2008 HUD report to Congress on intergenerational housing needs found that about 50 percent of very low-income, grandparent-headed, renter households paid more than half their income for housing. HUD defines an “intergenerational household” as a family receiving (or “covered by”) housing rental assistance, with a family member or other r...
According to an analysis of Census data by the National Low Income Housing Coalition, the proportion of renters among U.S. households has increased steadily in recent months.
In the fourth quarter of 2008, there were an estimated 632,000 more renter households in the U.S. than during the same period a year before. In the same period, the number of homeowner households grew by 344,000. Thus, the proportion of renters in the U.S. rose to 32.5 percent from 32.2 perce...
A recent report by the Center on Policy and Budget Priorities (CPBP) claims that reforming public housing is less costly than increasing the number of rental assistance vouchers.
CPBP, a Washington, D.C.-based nonprofit think tank, found that the cost of modernization and operating subsidies is 8 percent less than the price of providing replacement ...
“Green” technology, devices, and plans are typically cheaper and easier to implement when constructing a new building than when retrofitting an older building. But the incentives in the Mark-to-Market (M2M) program offered through HUD's Office of Affordable Housing Preservation (OAHP) is making green rehabs more affordable.
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