affordability
Affordable Cities
Where are the most affordable places to live in the U.S.? Demographia’s 13th Annual Affordability Survey brought to light a list of affordable markets in the U.S. based on their median multiple, a number obtained by dividing the median house price by the median household income. The Median Multiple is widely used for evaluating urban […]
03 / 03 / 17
Homeownership
Finder.com recently gathered data on 78 cities throughout the US. The figures were used to determine the salaries needed to buy a home and live comfortably within these cities. The average wage in the US–$52,250 according to the US Census Bureau—sustains homeownership in only 46 percent of the listed cities. Realistically, the numbers are even […]
03 / 22 / 16
HUD Funding
In positive news for the public housing realm, the U.S. Department of Housing and Urban Development has received $49.3 billion in gross discretionary funding. It’s a $4 billion increase over FY 2014. The resources will be allocated to rental assistance vouchers, assistance for homeless and at-risk families, community improvement, and additional training for the Public […]
02 / 19 / 15
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