This report is a data update for the Richmond Regional Housing Framework, which was released by the Partnership for Housing Affordability (PHA) in January 2020. It will support PHA’s ongoing efforts to educate both decision-makers and the public at large about the region’s housing needs and opportunities. Data in the report will also help PHA continue to monitor, change, and implement the policy solutions outlined in the Framework.
The Unmet Housing Needs Strategic Plan (PDF), approved in September 2021, defines how the county will address the unmet housing needs of households in a systematic and comprehensive way with integrated programs. The plan recognizes that there is no one-size-fits-all solution to the housing issue; it will take multiple approaches applied in combination to address the issue of housing affordability; and there is no one type of housing need. The plan was developed through a strategic planning process as a key implementation step of the Loudoun County 2019 Comprehensive Plan.
The goals and purpose of the Study are to: 1) Identify housing needs and provide both a region-wide and locality-specific housing market analysis. 2) Identify housing supply and demand issues and opportunities within the region and within each of the four sub-geographies. 3) Advance economic development opportunities by addressing housing concerns. 4) Develop regional and locality-specific recommendations to address housing needs. 5) Engage stakeholders to help understand housing needs/challenges and create a shared understanding of that need.
This Enterprise report finds that small and medium multifamily housing -- properties with between two and 49 units -- provides 54 percent of the U.S.’s rental housing stock, which means that its preservation and expansion is a critical part of ending housing insecurity.
This Harvard JCHS report analyzes the Annual Social and Economic Supplement (ASEC) of the Current Population Survey for 1985-2015 to examine the determinants of changes in the homeownership rate, using shift-share analyses to measure the extent to which changing demographics explain the observed changes.
This report examines strategies used by local governments to address rising housing costs and displacement of low-income households in gentrifying neighborhoods. To assist tenants at risk of displacement, the report details strategies to regulate the landlord/tenant relationship well as strategies to provide assistance for households that move.
Recent literature on doubled-up families in the US has focused on households that take in and provide support for adult children or economically displaced relatives. From recent American Community Survey (ACS) data, however, Fannie Mae finds that in a growing number of households, a substantial proportion of total income comes from additional adults other than the homeowner / head of household or their spouse.
A study by Cheryl Young of Trulia found that low income housing funded by the Low Income Housing Tax Credit (LIHTC) did not impact the value of nearby homes. Her analysis included 3,083 LIHTC developments in 20 of the least affordable housing markets.
This chapter from a Center for American Progress report on wealth building in the 21st century focuses on the unique challenges of housing affordability.
Freddie Mac has released a study of the housing plans and perceptions of those 55 or older, showing that nearly 6 million homeowners—and almost as many older renters—are looking to make at least one more move. And that move will be into rental housing.