Introduction by Smith Young “:)” See WSJ article below and related WSJ article , click The Carving Out of the Urban Middle Class and use buttons to see demographic changes in median household income for 1970, 1990, and 2014. The changes are amazing showing three examples of U.S. cities where concentrated wealth has risen next to Continue Reading
Smith Young
August 6, 2016
Affordable Housing News,Just News
Baltimore, Buffalo, chicago, Cincinnati, median income, Millennials, Milwaukee, Philadelphia, St. Louis
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“Our Town” news for Orangetown, Clarkstown & N. Bergen (NY) Right and Wrong Washington, D.C. elites also have plans for Pearl River by Michael Bongiorno July 20, 2016 Recently, a movement has stirred among some Pearl River residents to incorporate the hamlet as a village. The purpose of the incorporation would be to increase local Continue Reading
If you don’t own property, you are property and a pawn in HUD’s AFFH chess game. HUD has not been part of any solution. WSJ – Homeowner Rate at Record Low The U.S. homeownership rate fell to 62.9% By JEFFREY SPARSHOTT July 29, 2016 The U.S. homeownership rate fell to the lowest level in Continue Reading
To shore up city support [a plan for 6,500 new employees in Menlo Park, CA], Facebook earlier this month made an unusual pledge for a tech company. It would build at least 1,500 units of housing, meant not specifically for Facebook employees, but for the general public. WSJ – Facebook’s Answer to Silicon Valley Housing Continue Reading
Introduction by Smith Young “:)” Without HUD interference municipalities are showing some flexibility to get more units that are affordable to people. San Francisco’s legislation is unusual in that it is designed to encourage the creation of units within apartment buildings as well as in single-family houses. WSJ: San Francisco’s New Housing: Nooks and Crannies Grappling with Continue Reading
Introduction by Smith Young “:)” HUD AFFH mandates that communities accepting grants create opportunities for minorities (ref AFFH for Dummies), but builders say many of the new federal government requirements are well-meaning, but added up they translate to higher costs that are passed on to prospective purchasers. Builders have also focused more on the move-up Continue Reading
“Introduction and editing by Smith Young “:)” Below Tom clearly reinforces our opposition to AFFH message that communities should decline HUD grants, describing the affect AFFH is having on Baltimore County, Westchester County, and Portland. In addition to the article below, for a webinar hosted by Tom DeWeese click http://americanpolicy.org/2016/06/27/conf-call/ and for AFFH specifics fast Continue Reading
This was recently discovered by one of our our own AFFH members within our own AFFH mailing list group. (Click here to Learn about AFFH.) I joined to receive this HUD’s email, but haven’t received anything yet. Only suggest you join if you have a barf bag close at hand when reading your email. HUD Continue Reading