Housing News Roundup: June 21, 2018
10,000 Chicago Families Experienced Homelessness Last Year
A first-of-its-kind study that combined information from Chicago’s official database of homeless people with data from Chicago Public Schools, which tracks homeless students separately, estimated that 10,000 Chicago families experienced homelessness last year. This includes families living in shelters, on the streets, and doubled up with family or friends. Most children in those homeless families were younger than 10, and half the families reported having no income or an income of less than $500 a month.
Source: Chicago Sun Times
New York City Seeks to Level the Playing Field with New Housing Lottery Rules
On Tuesday, New York City’s Department of Housing Preservation and Development (HPD) and Housing Development Corporation announced changes to the affordable housing lottery process that will reduce paperwork, make eligibility guidelines clearer, reduce the impact debt and credit history have on applications, and increase protections for domestic abuse survivors. “As we accelerate and expand the goals of Housing New York, we are also looking to speed up the delivery of the affordable housing we are producing at record pace and ensure those homes serve the New Yorkers who need them most,” said HPD commissioner Maria Torres-Springer.
Recent Study Finds That the District of Columbia Is among the Most Expensive Places to Live
A new report by the National Low Income Housing Coalition found that Washington, DC, is among the most expensive places to live in the nation. A person earning DC’s minimum wage of $13.25 per hour would have to work 104 hours a week to afford a two-bedroom home in the city, calculated to cost about $1,793 a month. To afford that monthly rent and utilities without spending more than 30 percent of income on housing, a household would have to earn $71,720 annually before taxes.
Source: Washington Post
Why Boston Millennials Are Living at Home
In Boston, 30 percent of recent college graduates lived with their parents in 2016, up 10 percent since a decade ago, according to Zillow. An expensive rental market and record-high student loan debt are partially responsible for this trend, a pattern that exists across the country. “It’s fascinating that people in their 30s are still relying on mom and dad largely because housing has gotten so unaffordable. It’s difficult when you’re spending 40 percent of your income on rent or a mortgage,” said Zillow economist Sarah Mikhitarian.
Source: Boston Globe
Advocates Protest Los Angeles Plan to Gentrify Skid Row
Advocates are fighting a proposal to develop Skid Row in Los Angeles—one of the only remaining areas housing the city’s poorest residents, including 2,100 people who live on sidewalks—and want private developers to commit to building enough very low–income Skid Row units to house every homeless person living there now. A spokesman for the city said it will “achieve consensus around our shared values—and advance policies that reflect the need for more supportive housing and social services within the Skid Row area,” but Steve Diaz, a member of Los Angeles Community Action Network, worries Skid Row might get shut out of the planning process.
Source: LA Times