Remove 2021 Remove Housing Remove Laws
article thumbnail

CED and Affordable Housing: How Does Manufactured Housing Fit In?

Community and Economic Development Program of UNC

Housing is a basic issue for anyone interested in CED. Behind the headline are a host of issues that both foster hope in how to address affordable housing needs and the realization of the many steps it may take to get there. in 2021 is $124,400 (average of single and double-wide, not including land).

Housing 81
article thumbnail

Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Housing costs and supply are dominating the news at the moment. Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Housing prices have increased far faster than incomes (Miller 2015), making affordable homeownership inaccessible for many aspiring homeowners (Hackett et al.

Housing 91
article thumbnail

Local Conduit Issuances of Affordable Housing Bonds in North Carolina: The Basics

Community and Economic Development Program of UNC

North Carolina suffers from a lack of affordable housing options for low and moderate income households. In a May 2022 post , Tyler outlined many of the ways in which North Carolina’s local governments can aid the development of privately owned affordable housing.

Housing 61
article thumbnail

Data Analysis: What 421-a Extension Requests Tell Us about the Future of Multifamily Housing Development in NYC

The Stoop (NYU Furman Center)

Projects relying on the 421-a completion extension in tandem with Mandatory Inclusionary Housing (MIH) are expected to deliver both more housing and deeper affordability to several neighborhoods across the city, according to a recent data analysis by the NYU Furman Center.

Housing 52
article thumbnail

A History of Ohio Land Banking 2009–2021: From Legislation to Operation

Center for Community Progress

Once-thriving middle-class neighborhoods with much history, shops, solid housing stock, and cultural treasures transitioned almost overnight into vacant and abandoned streets and retail strips. Ohio’s Traditional Land Bank Law. Next-Generation Ohio Land Banks.

article thumbnail

Policy Minute: Eliminating Minimum Parking Requirements

The Stoop (NYU Furman Center)

New York City zoning laws require minimum off-street parking in many areas, which often results in an oversupply of parking spaces where market demand for off-street parking is relatively low. These mandates increase development costs, reducing the feasibility of new housing projects and ultimately limiting the supply of housing.

Housing 59
article thumbnail

What’s the deal with rural land banks? A Q&A with West Virginia Land Stewardship Corporation Executive Director Taylor Bennett

Center for Community Progress

Across the country, small and rural communities grapple with economic challenges and an aging housing stock that leads to similar outcomes: a flood of VAD properties that threaten the health, safety, and resilience of these residents. Bennett has served as the Executive Director of WVLSC since 2021.