Results for: Affordable Housing

Amidst a changing Dorchester landscape, Humphreys Street Studios has become a vital hub for Boston’s thriving arts community. In a remarkable victory for artists, the 125-year-old former dry cleaning campus was saved from private developers with the help of the city, non-profit funders, and New Atlantic Development. The artists prevailed after a multi-year campaign, securing majority ownership of the building. This creative deal paved the way for an upcoming addition on a vacant adjacent lot, which will feature 21 live/work condominiums. 18 of these units will prioritize Boston-certified artists, providing much-needed affordable housing and workspaces. The development is part of a broader effort to protect arts and cultural spaces in the face of rising housing costs and displacement.

Youth homelessness, a growing concern in European cities, requires a collaborative approach involving local, national, and EU governments. A recent Eurocities report highlights the need to address underlying factors such as substance misuse, health issues, and family breakdown. The ongoing cost of living crisis further exacerbates the situation, with unaffordable housing and decreased income leading to heightened levels of homelessness among young people. Despite challenges, cities are implementing successful initiatives like social and affordable housing programs, employment support, and financial assistance. However, to achieve lasting change, a strategic partnership between all levels of government is crucial. This partnership should prioritize accessible funding for local projects, regulate the housing market, and include affordable housing in mainstream legislation. Additionally, a youth-focused approach should be integrated into all homelessness strategies. As the EU elections approach, it is imperative for the European platform on Combatting Homelessness to involve cities and establish a clear data collection methodology.

Planning for retirement in New Jersey can be daunting, but the Garden State offers several charming destinations that cater to seniors. Ocean County boasts 55-plus communities with amenities and affordable housing options. Proximity to pristine beaches, from Seaside Heights to Long Beach Island, adds to the allure of retiring near the Jersey Shore. While Red Bank in Monmouth County boasts a vibrant community and access to New York City, its cost of living may be prohibitive. Toms River, with its convenient location near beaches, medical facilities, and entertainment options, offers a more affordable alternative. These destinations provide seniors with a welcoming environment and a comfortable retirement lifestyle.

The homeless encampment in St. John’s is expanding and residents are raising concerns about their safety and the lack of support from the government. Despite the province’s efforts to provide shelters and accommodations, many residents feel they are safer in tents and face challenges in accessing services. A recent incident involving a propane fire has highlighted the need for improved safety measures.

New York lawmakers and Governor Hochul have reached an agreement on the housing provisions included in the state budget, which address some of the urgent housing needs in the state. However, advocates emphasize that more work is necessary to address the long-standing housing crisis. Despite the progress made, they caution that significant challenges remain, including a shortage of affordable housing and rising rents. The budget includes measures to replace the expired 421a tax abatement program, remove restrictive floor area ratio caps, and expand eviction protections. However, lawmakers are urged to prioritize housing throughout the year and not just during the budget season. The demand for housing, particularly in areas with strong public transportation, remains high, and lawmakers are encouraged to continue pushing for policies that promote housing construction.

An analysis of over 300 Above-Guideline Rent Increase (AGI) applications in Hamilton, Burlington, and Niagara Region revealed that 28 out of 32 applications in the Hamilton region in 2022 were filed by 19 corporate landlords. This trend has raised concerns about the affordability of housing for low- and moderate-income renters amidst a housing crisis in Ontario. Lulu Xi, a former tenant in a highrise owned by Equiton, shared her experience of dealing with deteriorating living conditions while facing a $400 above-guideline rent increase request that was not yet approved by the Landlord and Tenant Board (LTB). Equiton, the building’s owner, stated that the increase was necessary to cover maintenance costs and improve the resident experience. However, tenant advocates argue that such increases should be banned and that landlords should explore government programs for energy retrofitting instead.

Aberdeen has been identified as the most affordable city in the UK for first-time buyers, according to a study by property website Rightmove. The average asking price for a two-bedroom or smaller property in the northeast Scottish city is £102,601, making it the cheapest option for those looking to get on the property ladder. With a 20% deposit, a typical first-time buyer in Aberdeen could expect to pay around £406 per month in mortgage costs. Carlisle follows as the second most affordable option, with average asking prices of £111,268. Bradford and Sunderland are also among the top five most affordable cities for first-time buyers, with average asking prices of £107,929 and £111,263 respectively.

In an effort to address the urgent housing crisis, San Jose is constructing 150 new affordable housing units in the southern part of the city, close to the Great Oaks Exit of Highway 85. This initiative aims to provide shelter and support for the growing number of unhoused individuals living in RVs and encampments in the area. Once the housing is completed, those currently residing in these temporary shelters will be required to accept shelter or relocate.

Stephanie Austin, who once lived in a Seattle airport, faces eviction from her subsidized tiny home due to unpaid rent, highlighting the challenges of low-income earners in the wake of rising housing costs. The eviction process at Plymouth Housing has affected multiple tenants, reflecting a nationwide increase in overdue rent, with some arguing that pandemic housing subsidies have contributed to non-payment. However, housing advocates stress the financial struggles faced by low-wage workers as housing prices and rents continue to soar, creating a lack of affordable options.

A groundbreaking advancement in construction, the world’s largest 3D printer has created a stunningly stylish and elegant tiny home, showcasing the potential to revolutionize the way homes are built. This technology offers the ability to construct entire neighborhoods, addressing the urgent housing crisis facing cities in America. The 3D printed home features a modern design, complete with a bed, TV, kitchen, and artwork, providing a comfortable and inviting living space.