Housing Research & Analysis
FHA | FY 2016 Annual Report to Congress
The U.S. Department of Housing and Urban Development (HUD) today released its annual report to Congress on the financial condition of the Federal Housing Administrationโs Mutual Mortgage Insurance (MMI) Fund.
Mortgage Bankers Association | The Affordability of Owner-Occupied Housing in the United States: Economic Perspectives
There are many conceptualizations of how to measure housing affordability and there are many affordability indexes. All measures are based on judgments of which components of housing costs should be included and judgments about when these costs should be considered excessive. This study reviews existing theory and empirical work about the affordability of owner-occupied housing.
Joint Center for Housing Studies of Harvard University | The State of the Nationโs Housing 2015
One telling indicator of the state of the nationโs housing is the drop in the homeownership rate to just 64.5 percent last year, erasing nearly all of the increase in the previous two decades. The number of homeowners fell for the eighth straight year, signaling persistently weak demand in this key market segment. And the trend does not appear to be abating, with the national homeownership rate down to 63.7 percent in the first quarter of 2015.
Joint Center for Housing Studies of Harvard University | America’s Rental Housing: Expanding Options for Diverse and Growing Demand
The decade-long surge in rental demand is unprecedented. In mid-2015, 43 million families and individuals lived in rental housing, up nearly 9 million from 2005โthe largest gain in any 10-year period on record. In addition, the share of all US households that rent rose from 31 percent to 37 percent, its highest level since the mid-1960s.
National Low Income Housing Coalition | Out of Reach 2015
This edition of Out of Reach highlights some of the economic challenges facing low income renters, including lagging wages, inconsistent job growth, and the rising cost of living.
The Office of Senator Maria Cantwell | Addressing the Challenges of Affordable Housing and Homelessness: The Housing Tax Credit
The Low-Income Housing Tax Credit is an important tool that drives private sector investment in affordable housing for families and the homeless. However, as this report demonstrates, the demand for this program far outstrips the need. That is why Senator Cantwell, alongside a coalition of over 1,300 organizations, will be proposing a 50% increase in resources for this program, enough to build another 400,000 affordable homes over the next 10 years.
NeighborWorks | National Foreclosure Mitigation Counseling Program Congressional Report 2015
The National Foreclosure Mitigation Counseling (NFMC) Program was launched in December 2007 with funds appropriated by Congress to address the nationwide foreclosure crisis by dramatically increasing the availability of housing counseling for families at risk of foreclosure. In just over seven and a half years, the NFMC Program has served more than 1.9 million homeowners at risk of foreclosure and helped build the nationโs foreclosure counseling capacity.
Joint Center for Housing Studies of Harvard University | Projecting Trends in Severely Cost-Burdened Renters: 2015โ2025
At last measure in 2013, over one in four renters, or 11.2 million renter households, were severely burdened by rents that took up over half their incomes.ย Building off these projections, this white paper projects how many households would be severely rent burdened by 2025 given demographic trends and under differing assumptions about real changes in income and rent levels.
