Prosperity Now Scorecard Finds Millions of Families Live in Economic Uncertainty
The 2019 Prosperity Now Scorecard reports that 40% of households are liquid-asset poor, meaning they lack savings to make ends meet for three months at the poverty level if their income is…
Survey of Mayors Finds Bipartisan Agreement that High Housing Costs are Obstacle to Social Mobility
The fifth edition of the Menino Survey of Mayors from Boston University’s “Initiative on Cities” found that mayors across the political spectrum identify high housing costs as one of the biggest…
NLIHC Applauds Introduction of House Companion to ‘American Housing and Economic Mobility Act of 2018’
Senator Elizabeth Warren’s (D-MA) “American Housing and Economic Mobility Act” now has companion legislation in the House of Representatives, introduced by Representatives Cedric Richmond (D-LA),…
Report Assesses LIHTC and Other Federal Support of Affordable Rental Housing in Rural Communities
A report by Andrew Dumont from the Federal Reserve Board examines how states are using the Low Income Housing Tax Credit (LIHTC) program to help rural communities with their affordable housing needs…
Representative DeSaulnier Proposes Creation of HUD Office of Housing Innovation
Representative Mark DeSaulnier (D-CA) introduced H.R. 7054, the “Housing Innovation Act,” which would establish an Office of Housing Innovation within HUD. The new office would focus on “developing…
Senator Heller Proposes New Housing Tax Credit for Seniors
Senator Dean Heller (R-NV) introduced on October 11 the “Seniors Housing Tax Credit Act” (S.3580), a bill to create a new tax credit to help make housing affordable to extremely low income senior…
Representative Clyburn Proposes Renters Credit and Local Zoning Reforms
Representative James E. Clyburn (D-SC) introduced on October 9 the “Housing Opportunity, Mobility and Equity (HOME) Act of 2018” (H.R. 7050), the House version of the Senate legislation (S.3342)…
Harvard Joint Center Evaluates Two Approaches for Measuring Housing Cost Burdens
A paper from the Harvard University Joint Center for Housing Studies (JCHS), Measuring Housing Affordability: Assessing the 30 Percent of Income Standard, compares two different measures of housing…