Housing News Roundup: February 10, 2015
Developments are Becoming Lifesavers for Homeless Veterans
“I’m blessed to be here,” said Joe Grillo, a 64-year-old Vietnam veteran. He recently settled down at Victory Gardens in Newington, Conn., one of several recent communities to open around the country for homeless and at-risk veterans. Developments like this one are springing up as federal and local officials are working to end homelessness among veterans by the end of this year.
Source: Affordable Housing Finance
Tax Credits, the Courts, and the Tale of Two Cities
A Texas case that landed at the U.S. Supreme Court challenged the state’s awarding of tax credits for affordable housing in high-poverty areas. Richard Knight of Frazier Revitalization Inc. argues that restricting such money to affluent areas can have a long-lasting impact on low-income communities.
Source: Dallas Morning News
Seattle’s Sustainability Push Years Ago is Paying Off Now
In 2002, Seattle embarked upon a mission to usher in sustainable and socially equitable development, and the 4,600 affordable housing units that have been built since are something to behold. All affordable housing builders must follow the state’s Evergreen Sustainable Development Standards, adopted in 2008. And now rooftop gardens and an elevator that generates electricity are features of even affordable developments in this “red-hot rental market.”
Anchorage Group says Housing Options Would Unleash City’s Economic Potential
What’s keeping the economy down in Anchorage, Alaska? The Anchorage Economic Development Corporation sees affordable housing — and homelessness, in particular — as the key to unlocking the city’s potential. Anchorage is one of the Top 20 most expensive housing markets in the country.
Source: Alaska Public Media