Housing News Roundup: May 31, 2018
Philadelphia Clears Homeless Encampment of Opioid Addicts. Where Will They Go?
Yesterday was the deadline for hundreds of homeless people to clear out of a Philadelphia encampment where they’ve been living for months. The majority have substance abuse disorders, including opioid addiction, and mental health conditions. Antoinette Kraus, director of the Pennsylvania Health Access Network, urges the city to consider housing and health care separate issues and to think creatively about ways to fund critical services amid the opioid crisis.
Source: Philadelphia Inquirer
Saving People from Eviction in Durham
Though Durham, North Carolina, has experienced newfound urban vitality, local advocates say that surrounding areas have the worst eviction rates in the state. Eviction lawyer Jesse McCoy II launched a program at Duke University, with law students and other lawyers, to reduce eviction filings in the county by persuading landlords to accept payment plans with overdue tenants, suing over unsafe conditions, and buying tenants more time to move out. McCoy strives for the program to make a lasting impact.
Nearly a Quarter of Millennials Live with Their Mother
A recent Zillow report found that nearly 23 percent of millennials live with their mother, compared with 14 percent in 2005. As housing prices outpace wages and many young people face student debt, housing has become increasingly unaffordable. “You would expect young adults living at home to return to historic norms, but the trend hasn’t decreased—if anything, it’s increased,” said Aaron Terrazas, a senior economist at Zillow.
Source: USA Today
Rural Counties Are Left Behind amid Iowa’s Robust Housing Growth
New US Census Bureau data show that Iowa had some of the nation’s fastest-growing housing stock last year, yet between 2010 and 2017, more than a third of the stock in counties shrank. Most counties losing homes are in rural areas. “It’s owner-occupied housing. It’s new construction. It’s rehab of existing homes. It’s multiunit rentals. It’s affordable housing. It’s senior housing. Communities are struggling with every one of those elements,” said Bill Menner, director of the Iowa Rural Development Council.
Source: Des Moines Register
A Gentrifying Atlanta Neighborhood Is Designated as an Opportunity Zone
The gentrifying neighborhood of Edgewood in Atlanta is among Georgia’s newly designated Opportunity Zones, a new federal program in which companies and wealthy people can receive tax breaks for investing in areas that need revitalization. “This is definitely an area that is gentrifying and is already getting a lot of investment. It looks like Georgia on the whole did a reasonably good job of targeting their zones, but not this one,” said Brett Theodos, a senior research associate at the Urban Institute.