Helping the Housing Industry Essays

With Massachusetts State spending on affordable housing and open space at a historic low, when considered as a percentage of the total budget, the production of dwelling units and the conservation of land have become the responsibility of local government, but cities and towns do not build housing, except in rare circumstances. As well they do not routinely buy expensive tracts of open land,

Within each service area there is a host of many options available. Specifically, under the Public and Indian Housing is the Housing Choice Voucher Program, commonly referred to as Section 8 Housing. Section 8 is the federal government's major program for access to very low-income families, the elderly, and the disabled to afford suitable, safe, and sanitary housing in the private market. Housing choice vouchers are administered by the local public housing agencies (PHAs). The

The restoration of the homes, churches, schools, etc., there needs to be commitment from both contributors that they will build them safely, and durable and not do a whack job on them. They need to be constructed so they feel like this dumb riot never happened.

Housing crews have repaired most, if not all, of the run-down houses that have burdened the cities appeal over the years. I know of 3 houses that have in the last year been repaired to new and are now being sold.

It is often easy to castigate large cities or third world countries as failures in the field of affordable housing, yet the crisis, like an invisible cancer, manifests itself in many forms, plaguing both urban and suburban areas. Reformers have wrestled passionately with the issue for centuries, revealing the severity of the situation in an attempt for change, while politicians have only responded with band aid solutions. Unfortunately, the housing crisis easily fades from our memory, replaced by visions of homeless vets, or starving children. Metropolis magazine explains that “…though billions of dollars are spent each year on housing and development programs worldwide, ? At least 1 billion people

Throughout my research I found there is a real cry out for action on providing more affordable house not just locally but throughout the country. There needs to be more funding available to build more gear to income or subsidized housing and all levels of government need to take action.

Post-housing/financial crisis of 2007-2009, the housing market seems to be showing signs of improvement after great downturn. With the downturn in housing prices, many homeowners did not have enough equity to avoid taking a loss on the sale of their homes so they are sitting with home loans based off of higher-than-current mortgages. However, in November the National Association of Home Builders’ sentiment index jumped to 20, which is the highest reading in over a year. Demand for mortgages has also seemed to pick up a bit according to the Fed’s 4th quarter loan survey. Construction remains at historically low levels but has increased as of late, and the number of

Opening a new business, remodeling a house, and buying land could all be exciting opportunities; it creates a chance for an owner to make something their own. It takes time and dedication, trial and error, money and divergent thinking, but in the end of all the sacrifice and dedication, that land, or house becomes everything the owner could have ever wanted and more, because it is their dream and they created it. However, dreams can falter, that owner with the new business believes full heartedly in having a future and a successful business, but over time things change and unfortunately that business that was once strong, now becomes repossessed. That new home has been foreclosed, and that pure land, rich in soil is now sold to a high-end

Low income housing areas, especially public ones, across the country are in very bad shape and are a hotbed of crime because of their design. In Knoxville, Tennessee, where I am a Patrol Lieutenant, half of the public housing was built after World War II for returning soldiers and is in very bad shape. The designed was closed in and packed as many residents in as possible, which attracts crime and prevents emergency personnel from entering in an efficient manner. Some have been torn down because of poor conditions, but many still remain. The Knoxville Community Development Corporation would like to replace all of the older design developments, but money is the issue as in many other cities.

Gentrification needs to stop. People’s lives have been adversely affected by higher income individuals moving into their neighborhood. It happens in really poor, neglected areas where rich suburban people move into those poor neighborhoods and change everything, supposedly making them better. While trying to “better” the community, the new property owners are knocking down houses in neighborhoods like East Austin with great historical value to build higher priced residences, raising the property value which makes low income families struggle to keep their heads above water.

Affordable housing in the United States describes sheltering units with well-adjusted housing costs for those living on an average, median income. The phrase usually implies to applied rental or purchaser housing within the financial means of lower-income ranges specific to the demographics of any given area. However, affordable housing does not include those living in social housing owned by government and non-profit organizations. More specifically, the targeted range for housing affordability sets below 30 percent of a household's annual income, including all applicable taxes, utility costs and home owners insurance rates. If the mean income per household breaches the 30 percent mark, then the agreed status becomes labeled as

When researching past economic recoveries, the housing market is the one to drive the economy out of recession. That being said, this economic recession hasn’t had much of an impact until recently. America’s housing boom had a tremendous influence on the economy for its low prices and flow of new home construction.

The current real estate crisis that America finds itself in is one of the greatest challenges America has ever faced. America’s troubles are further compounded by increasing unemployment of American citizens and environmental problems like global warming. Solving any one of these problems would be a Herculean task, yet they must each be addressed in order to protect American families from disaster. However, it is possible to find a solution to the problems of the real estate crisis that can also be used to improve the problems of the unemployment and environmental destruction. The first part of the solution involves the United States government purchasing the homes that have been foreclosed and using them to offer temporary housing to

Keeping the nations economy from experiencing a housing market disaster is in applicable. Our nation has been through some ups and downs the past decade that make many people wonder whether we could experience that of the Great Depression yet again. Though I do not believe there is a way to completely stop any sort of crash whether it be with oil, housing, stocks, and automobiles. At times we will always experience an economic slowdown.

One of the advantages of a foreclosure is having the opportunity to buy a bigger property in a good neighborhood. Foreclosures come in different price ranges starting from entry level homes to luxury properties. Some homes are even left in good condition which makes it available for new buyers to move in as the earliest possible.