Two dozen housing organizations, leaders and trade groups, led by the National Housing Conference (NHC), are urging Biden to exempt affordable housing development and repair from the Build America, Buy America Act (BABA) provisions.
A group of affordable housing advocates are calling on the Biden Administration to specify that the Build America, Buy America Act does not apply to certain single-family and multifamily properties. The Act requires that all of the iron, steel, manufactured products and construction materials used in infrastructure projects be produced in the U.S. BABA is … [Read more…]
The rate of single women becoming homeowners grew by leaps and bounds in recent years, but during 2022, some of those gains were wiped out, a Zillow analysis found. As a result, the gap compared with single men owning a house widened. The homeownership rate for single women dipped to 24.5% from 28.6% the year … [Read more…]
The US government defines a home as being affordable when someone spends no more than 30% of their income per month on housing. Unfortunately, as rents rise and mortgage rates grow, people are becoming more financially strained. If youâre looking for affordable housing, read on to learn more.
The post What Is Affordable Housing? Public, Subsidized, and Low-Income Housing Explained appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
Despite affordability challenges, Hispanic homeownership rates posted 48.6% in 2022 to mark eight years of consecutive growth.Â
Homes owned by Black families have appreciated more than any others since the onset of the COVID-19 pandemic, according to Zillow.
A Mortgage Loan, Just for BLACK Borrowers! Offered by the Nation’s … PR Newswire
Legacy Home Loans launches SPCP for Black borrowers HousingWire
Several of the 2022 HousingWire Vanguard honorees shared their insights on whatâs happening at the federal level
Despite the Fair Housing Act of 1968 and other federal laws, a large race gap in homeownership continues to exist across the United States. The Black homeownership rate in the fourth quarter of 2021 stood at 43%, compared with 74% for non-Hispanic whites, according to the U.S. Census Bureau. A large race gap in homeownership […]
The post Examining the Race Gap in Homeownership appeared first on SoFi.