General News Category Archives

GAO Report: “As More Households Rent, the Poorest Face Affordability and Housing Quality Challenges”

A new report from the Government Accountability Office (GAO) focuses on rental housing from 2001 through 2017 and analyzes the share of households that rent, the affordability of rental housing and rental housing conditions. In 2017, almost 7 million more households rented their homes than in 2001, which brought the share of households that rent from an estimated 34 percent to 36 percent.

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Family Renter Housing: A Response to the Changing Growth Dynamics of the Next Decade

The ULI Terwilliger Center for Housing, in collaboration with RCLCO Real Estate Advisors, released a report looking at the changing demand dynamics for family rental housing, development typologies that are responding to this demand and barriers to family rental housing development. The report points out that renter families tend to have as many children as homeowners. And while renter families tend to require just as much space as families who own their homes, most new rental housing units are much smaller than similarly aged for-sale housing units

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California 2020 County Housing Need Reports

The California Housing Partnership published the 2020 Housing Need Reports for all of California’s 58 counties. The reports document the gap in affordable homes versus need and looks at costs that the lowest income renters face statewide and at the county-level. The reports make several statewide policy recommendations, including making permanent the $500 million annual increase to the California Low Income Housing Tax Credit Program.

Economic and Fixed Income Insights, May 27, 2020

Markets were boosted by more than one percent overnight as optimism grew concerning the re-opening of economies, in addition to news about the potential development of a vaccine to protect against COVID-19. Markets were further buoyed when Senate Majority Leader Mitch McConnell (R-KY) told the press that Congress would “probably” need to pass another Coronavirus relief bill.

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Economic and Fixed Income Insights, May 19, 2020

Yesterday, Federal Reserve Chairman Jerome Powell testified alongside Treasury Secretary Steven Mnuchin as to the effects so far of the CARES Act to the Senate Banking Committee. Mirroring his previous comments, he reiterated a likely long and difficult road for the U.S. economy, prompting the need for additional stimulus from both the Federal Reserve and federal government.

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