The construction industry is building less "attainable housing" than demanded by the market.
The Urban Land Institute’s (ULI) Terwilliger Center for Housing and real estate consulting firm RCLCO released a new report exploring the "shortage of housing affordable to moderate-income home buyers, including first-time buyers, and offers solutions to increase the supply," according to an article by Brenda Richardson.
The report defines "attainable housing" as "non-subsidized, for-sale housing that is affordable to households with incomes between 80 and 120 percent of the area median income." Given that definition, the report finds that "very little non-subsidized home-building activity is geared toward the middle-class price point."
Still, there are signs that the market is starting to respond to demand at the "attainable" price point. "Innovations are coming from publicly held home builders, developers of master-planned communities, neighborhood-based real estate investors and a new breed of entrepreneurs from other industries, the report states," according to Richardson.
The new report joins recent analysis from Brookings that examines housing stress in the middle class of the United States in providing new insights into the post-Recession housing market for earners historically primed to enter the home buying market.
FULL STORY: Affordable Housing Is Doable For Builders And Buyers, But Here's The Problem
Checking in With the Wild Pandemic-Era Housing Market
Bidding wars, TikToks, and disparate impacts—every day there's more evidence that the pandemic has only worsened the nation's housing affordability crisis.
Double-Digit Housing Price Increases Tied to Supply Imbalance in Denver
Expensive homes dominated the metro Denver real estate market in 2020.
New Market-Rate Housing Lowers Rents for Everyone, According to New Research
A study published by a German researcher adds ammunition to the cause of improving housing affordability by legalizing and building new supply.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
The 120 Year Old Tiny Home Villages That Sheltered San Francisco’s Earthquake Refugees
More than a century ago, San Francisco mobilized to house thousands of residents displaced by the 1906 earthquake. Could their strategy offer a model for the present?
In Both Crashes and Crime, Public Transportation is Far Safer than Driving
Contrary to popular assumptions, public transportation has far lower crash and crime rates than automobile travel. For safer communities, improve and encourage transit travel.
Report: Zoning Reforms Should Complement Nashville’s Ambitious Transit Plan
Without reform, restrictive zoning codes will limit the impact of the city’s planned transit expansion and could exclude some of the residents who depend on transit the most.
Judge Orders Release of Frozen IRA, IIJA Funding
The decision is a victory for environmental groups who charged that freezing funds for critical infrastructure and disaster response programs caused “real and irreparable harm” to communities.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Clanton & Associates, Inc.
Jessamine County Fiscal Court
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service