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S.Amdt. 3922 to FY 2017 Omnibus

Eliminates the requirement that HOME Participating Jurisdictions commit HOME funds within 24 months or face recapture, for FY 2016 through FY 2019.

Joint Center for Housing Studies of Harvard University | The State of the Nation’s Housing 2015

One telling indicator of the state of the nation’s 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 2005—the 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.