NCRC

Bloomberg, June 5, 2024, Richest New Jersey Neighborhood Dealt Blow In Cheap-Housing Spat The wealthy township of Millburn, New Jersey, has lost a key battle in its fight to stop 75 affordable apartments from being built on the town dump. Home to Short Hills, the state’s richest ZIP code, Millburn had bet on convincing a court […]

Axios, June 3, 2024, Utah Sees Wide Homeownership Gap Between White And Black Households Utah’s homeownership rate is higher than the rest of the nation. Yes, but: About 74% of white non-Hispanics own and occupy their homes, compared to 27% of Black households and about 54% of Latino households, per a University of Utah Kem C.

The Baltimore Banner, June 4, 2024, The Baltimore Banner: A Worker-Owned Co-Op Is Giving Baltimore’s Vacant Homes — And People — A Second Chance There’s no one-size-fits-all solution for when a city contains more than 13,000 vacant homes and some 20,000 empty lots. Instead, Baltimore’s vast vacant housing landscape has ushered in waves of new

North Carolina Health News, May 2, 2024, HCA Pruned Staff At Mission Hospital, Reaped Soaring Profits, Academic Study Finds Staff cuts have driven up patient-care profits at Mission Hospital in Asheville after HCA Healthcare acquired the facility, according to a draft report by Mark Hall, director of the health law and policy program at Wake Forest University. The report tracked the hospital’s

Planetizen, June 10, 2024, California Supreme Court Rules in Favor of People’s Park Housing A plan to build student housing in People’s Park near the University of California, Berkeley will move forward after the state’s Supreme Court ruled in the university’s favor in a suit trying to stop the development. The lawsuit claimed that the

Next City, May 21, 2024, A Major New Step Toward Public Banking In Rochester Here at Next City, we’ve covered efforts to create city-owned banks in Philadelphia, New York, Los Angeles, San Francisco and the East Bay. We’ve also covered efforts to create state-owned banks in California, Massachusetts and New Mexico. Sometimes, as in the case of New York or California, state legislation has been

Next City, May 23, 2024, A Unique Community Land Trust Making Homeownership Affordable In Richmond When Michael Haggins’ credit score disqualified him for a mortgage preapproval in 2021, he was crushed. A single father who grew up in Richmond, Haggins dreamed of owning a house in his hometown where his two sons could play freely. A shortage

The Wall Street Journal, May 27, 2024, Why A California Plan To Build More Homes Is Failing When California legislators voted in 2021 to eliminate zoning laws that require neighborhoods to have only single family homes, supporters celebrated it as a tool to alleviate the state’s crippling housing shortage. Opponents said it heralded the end of homeownership

The Washington Post, May 27, 2024, Justice Department Fines VA. Tech Firm Over ‘Whites Only’ Job Posting A Virginia-based technology company will pay more than $38,000 in penaltiesfor posting a discriminatory job advertisement that only sought to hire White U.S. citizens, the Justice Department announced. Arthur Grand Technologies Inc., a firm that provides information technology

The Washington Post, May 28, 2024, Skyrocketing Rents And Home Prices May Be Pivotal In The 2024 Election LAS VEGAS — D. Carter paid $1,525 for rent, cable and WiFi for her one-bedroom apartment until her monthly rent jumped to $2,100 last year. Unwilling and unable to pay the new rate, Carter, who spoke on

WHYY, May 29, 2024, ‘A Huge Deterrent Effect’: Philly City Council Seeks To Strengthen Anti-Discrimination Law Philadelphia City Council has advanced legislation designed to strengthen a city law that protects against housing discrimination. The city’s Fair Practices Ordinance prohibits landlords and property managers from discriminating against people based on what’s known as “source of income,”

The Washington Post, May 27, 2024, What Does It Take To Buy A House? Increasingly, Mom And Dad. Home buyers are increasingly turning to family members, most often parents, for help buying a house in overpriced and undersupplied markets, reflecting a shift in the way many families finance homeownership. The share of young home buyers

Politico, June 12,2024, Six States Where Housing Is Hard To Find-Here’s What Governors Are Doing About It Population changes spurred by the pandemic. Byzantine zoning laws that make construction agonizingly slow and expensive. Stagnant wages amid stubborn inflation rates. All these factors have contributed to years of skyrocketing housing prices — and leaders in Washington, including

The New York Times, June 8, 2024, How an American Dream of Housing Became a Reality in Sweden As an architect, Ivan Rupnik thinks the solution to America’s affordable housing shortage is obvious: Build more houses. Start today. But the way homes are built in the United States makes speed impossible. Years ago, Rupnik’s Croatian

CBS News, June 11, 2024, New $23 million Detroit Housing Project Opens Near Michigan Central A new $23 million mixed-use housing project has been completed near the newly renovated Michigan Central. The Brooke on Bagley is a mixed-use and mixed-income housing development at 2420 Bagley. It consists of 78 apartments, 16 of which are affordable housing