Community Development Digest

Housing

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Senior Housing Occupancy Rates Near 90 Percent; Rents Rising

New data show senior housing is 89.7 percent occupied nationwide as of the second quarter 2016, with varying rates of construction in markets throughout the country. The data also show the national average monthly rental rate asked for senior housing is $3,595.

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Major Firms Investing in Housing for Workers

Two major U.S. employers decide to invest in affordable housing ventures in Colorado and Minnesota that would benefit their workforces, leading the way for other such ventures and modeled on similar efforts in earlier times to provide workforce housing.

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Housing Authority Eyed for Fair Housing Shortcomings

Rockford, IL is HUD’s poster child in the department’s new “Affirmatively Furthering Fair Housing” campaign to desegregate the country’s primarily white neighborhoods. Rockford Housing Authority and city officials are on notice from HUD Fair Housing & Equal Opportunity (FHEO) office to reconsider a scrapped low-income housing development or face possible consequences.

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Study Finds Discrimination against Deaf, Wheelchair-Bound Home-seekers

Well-qualified home-seekers who are deaf or are hearing-impaired, as well as home-seekers who use wheelchairs, are told about fewer available housing units than comparable home-seekers who can hear and walk, according to a newly released study from the Department of Housing & Urban Development and the Urban Institute.

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Ginnie Mae Honcho Notes Role of Housing in Economic Stability

Many countries consider the U.S. housing finance system a model for encouraging affordable housing options, promoting stable communities, and building wealth. Affordable housing financing is not only valued in the United States, but also among the other economies within the Asia-Pacific region.

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New Residential Sales for April 2015 Trending Upward

Sales of new single-family houses in April 2015 were at a seasonally adjusted annual rate of 517,000, according to estimates released jointly by the Department of Housing and Urban Development (HUD) and the Census Bureau.

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Residential Housing Construction for April

The Department of Housing & Urban Development (HUD) and the Census Bureau announce the new residential construction statistics for April 2015

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New Residential Sales for March 2015

Sales of new single-family houses in March 2015 were at a seasonally adjusted annual rate of 481,000, according to the latest estimates released jointly by the Department of Housing & Urban Development (HUD) and the Census Bureau.

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Next-Generation Seniors Community Breaks Ground

Celebration Village is a state-of-the-art, next generation community created to provide older adults an upbeat lifestyle promoting a culture of growth and successful aging. The community includes 114 Independent, 44 Concierge, 55 Assisted Living and 31 Memory Care Apartments on location.

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HUD Offers Trust Fund Implementation Guidance

This is a new affordable housing production program that will complement existing federal, state and local efforts to increase and preserve the supply of decent, safe, and clean affordable housing for extremely low- and very low-income households, including homeless families.

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