Housing News Roundup: April 3, 2015
Focus on Permanent Housing is Powering the Decline in Homelessness
America’s homeless population was down across every major demographic subgroup from January 2013 to January 2014, according to a new report from the Homelessness Research Institute at the National Alliance to End Homelessness, which attributed the decrease to an increased emphasis on providing permanent housing. The report found that homelessness was down 10% for unsheltered persons, 2.7% for families, 2.5% for the chronically homeless and 10.5% for veterans. “The programs that really concentrate on getting homeless people into permanent housing have become more available, and targeted funding is at its highest level in history,” said Steve Berg, vice president for programs and policy at the alliance.
Source: Affordable Housing Finance
FEMA Funds to Help 80k NYC Public Housing Residents
New York City officials will use $3 billion in funds from the Federal Emergency Management Agency to repair 33 public housing developments — home to approximately 80,000 people — damaged by Hurricane Sandy. Among the fixes will be more secure lobbies, better lighting and security cameras, making the communities safer while also preparing them for the potential of future storms. “We had the devastation of Sandy, but it gave us the capital to rebuild parts of NYCHA better than before,” said Sen. Charles Schumer. “Even people not affected by Sandy, their lives are going to be made much better.”
Jobs and Housing Help D.C. Top the List of Best Cities for New College Grads
Finding a job and affordable housing after graduating college can be difficult in any area of the country. New graduates looking to live in Washington, D.C., may have a little easier time than others, though, according to a new analysis. The District leads a list of the top 10 best cities for new college graduates in 2015, with 78 job openings per 1,000 residents and an unemployment rate of just 4.9%. Minneapolis, Denver, San Francisco and Boston round out the top five.
Study: Only 1 in 5 Households that Want to Move Actually Do
Who wants to move and who actually moves aren’t always the same people. A new study from the U.S. Census finds that while about 10% of U.S. households wanted to move in 2010, only about 20% of that subset actually did by 2011. The most popular reasons for wanting to move included dissatisfaction with a neighborhood and concerns about safety. People living below the poverty line wanted to move more than any other demographic.
GAO: Economically Distressed Cities Need Help Managing their Recoveries
The problems that plunge American cities into financial distress can also be obstacles to effectively utilizing federal grants to lift their economies back up. In an analysis of Detroit, Flint, Camden and Stockton, the General Accounting Office determined that “the losses of human capital, financial, and organizational capacity that can accompany such serious financial distress present municipalities with significant challenges to their ability to effectively obtain and manage federal grants.”
Source: Next City