Source: VHFA Housing Matters Blog, August 13, 2010
“U.S. Sen. Patrick Leahy (right) announced a $200,000 commitment in U.S. Department of Housing & Urban Development (HUD) Economic Development Initiative (EDI) funds for Salisbury Square in Randolph. [More ...]
Federal Budget/Funding, Housing Agency and Nonprofit News, Housing Creation and Preservation, Rental Housing
Tags: brownfield, EDI, HUD, Patrick Leahy
Source: National Low Income Housing Coalition, Aug 6
HUD’s proposed FY11 Fair Market Rents (FMRs) were posted in the Federal Register on August 4. This year, along with the usual FMR tables and data files, HUD also released the proposed small area FMRs for the Dallas, TX, HUD Metro FMR Area. This is the first area that will participate in HUD’s Small Area FMR Demonstration Project, which aims to make all neighborhoods in a metropolitan area accessible to voucher holders by setting FMRs at the better-defined ZIP code level (see Memo, 5/14). [More ...]
Tags: Fair Market Rents, FY2011, HUD FMR
Source: National Alliance to End Homelessness, June 29
A new fact sheet published by the Alliance entitled What is “Sustainable” Housing Cost Burden? Implications for HPRP shows that high housing cost burdens are common among those living in poverty. In fact, more than half of households living in poverty pay more than 50 percent of their income toward housing costs. This finding has significant implications for providers of homelessness prevention and rapid re-housing services. Some providers have chosen to screen out potential recipients because of concerns about future cost burden, but analysis shows that, even with high cost burdens, households in poverty can avoid homelessness. The analysis concludes that these households should be served with prevention and rapid re-housing resources even if it may result in them continuing to have a high housing cost burden in the future.
Tags: Cost burden, Homelessness, Sustainable Housing
Source: St. Albans Messenger, June 24
By Leon Thompson
“Municipal program would create, not add to inspection expenses
ST. ALBANS CITY –– The city manager here is taking full responsibility for misinformation he recently gave to local landlords about charges for inspection of rental dwellings.
Dominic Cloud said he apologizes if he gave the impression at the June 14 city council meeting that the city wants to assume the state’s inspection of rental properties because of hikes in state fees.
[More ...]
Tags: code enforcement, inspection, landlords, Rental Housing, safety, St. Albans
Source: NLIHC Memo to Members, May 17, 2010
“On May 12, the White House Office of Management and Budget (OMB) approved, and HUD released, the Administration’s Preservation, Enhancement, and Transformation of Rental Assistance Act of 2010. The proposal for legislation is HUD’s most detailed account yet of its Transforming Rental Assistance (TRA) initiative, which HUD included in its FY11 budget request to Congress (see Memo, 2/5). [More ...]
Tags: HUD, Rental, Transforming Rental Assistance
By Lisa McCormack
Source: StoweToday, April 29, 2010
“Even in an economic downturn, when rents could normally be expected to decline, decent affordable housing has remained out of reach for many Vermonters, including low and moderate-income workers in Lamoille and Washington counties. [More ...]
Tags: Affordability, Out of Reach
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