Monthly Archives: February 2018

To Fund Affordable Housing, Oregon Cities Turn to Construction Excise Tax

BYJARED BREY| FEBRUARY 26, 2018 Housing is so tight in the city of Medford, Oregon, that the municipal government sometimes has trouble recruiting employees. Residential vacancy is low, says Matt Brinkley, planning director for the city of 80,000, which is nestled along Interstate 5 about halfway between Portland and Sacramento. Local construction industry reports put […]

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HCV 2018 Admin Fee Rates

HUD has published the Housing Choice Voucher 2018 Administrative Fee Rates. Administrative fee revenue earned will be calculated using the same methodology as in previous years. The first 600 units leased each month will earn the A rate. All units leased over 600 (601+) will earn the B rate. The current proration rate is 77%. […]

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Trump’s proposed 2019 budget gives HUD funding a boost

President Donald Trump announced today his proposal for the fiscal year 2019 budget, which would allot for a slight bump in funding for theU.S. Department of Housing and Urban Development. The budget requests $41.24 billion for 2019, an increase of 1% from the $40.7 billion in 2017. Last year, the presidentcut the department’s budget by […]

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Trump Budget Might Add Work Requirements and Raise Rent for Housing

The U.S. Housing and Urban Development Department is preparing to impose work requirements and jack up rents for housing aid recipients, according to a leaked draft of legislation. The drafted legislation would allow work requirements of up to 32 hours per week and would require families that receive housing assistance to devote a larger percentage […]

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Out of Reach

Housing Is Out of Reach Millions of Americans struggle to find affordable rent. In order to afford a modest, two-bedroom rental home in the U.S., renters need to earn a wage of $21.21 per hour. The Housing Wage for a two-bedroom apartment is $13.96 higher than the federal minimum wage of $7.25, and $4.83 higher […]

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