#affordable houisng
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45% of LIHTC Households Were Extremely Low-Income Households
45% of #LIHTC Households Were Extremely Low-Income Households; Extremely Low Vacancy Rate for #LIHTC Properties New @HUDgov Data on Whom #LIHTC Program Serves @NLIHC @HousingACTION @EnterpriseNow
New HUD Data on Whom LIHTC Program Serves and the Extremely Low Vacancy Rate for LIHTC Properties The U.S. Department of Housing and Urban Development (HUD) released Understanding Whom the LIHTC Program Serves: Data on Tenants in LIHTC Units as of December 31, 2015. The report highlights the importance and impact of the Housing Credit. The report provides information on the income, race,…
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Signature Global Serenas Sector 36 South Gurgaon
In a well-known location of South Gurgaon, one of the famous developers in Affordable industry introduced a new housing project. The project introduced in the sector 36 South Gurgaon its the most premium location of Gurgaon where every facility is available within the few kilometres. Besides, the project name is Signature Global Serenas Sector 36 South Gurgaon launched by Signature Global limited under the HUDA Affordable housing policy 2013. Signature Global limited a popular developer in Gurgaon who known for its new innovation in the real industry, special in Gurgaon. As we know the industry of affordable housing Gurgaon increased day by day because of price.
Additionally, Signature Global Serenas Sector 36 South Gurgaon beautifully planned in 9.5 acres prime land near Shona Road and Dwarka Expressway. This time Signature Global offers 2 bhk apartment in seven layouts with different configuration start from 488.11 to 609.77sq, ft carpet areas and balcony areas start from 79.31 sq, ft to 113.73. And, the total number of the apartment has 950 which is organized in 12 towers. If we talk about what kind of featuers and amenities you will get so like previous houisng project in this project you will get swimming pools, Yoga centre, Meditation centre, jogging track around the project, basketball court, tennis court, 50 % open area and Comunity centre for society culture programs.
Above all, Signature Global Serenas Sector 36 Gurgaon is the most demanding affordable housing project because of the project located in a prime location of Gurgaon that is Dwarka Expressway. Actually, this location has schools, hospitals, shopping mall, retail shops. In fact, sector 36 connected with another part of Gurgaon like Subhas Chowk, Dwarka Expressway, Rajiv Chowk, SPR Road, Gurgaon railway station, Indra Gandhi airport, etc. Furthermore, if talk about the price of apartments then it comes under the HUDA affordable housing policy 2013 4000/ sq,ft carpet areas and 500 sq,ft balcony area along with 2.67 lac subsidy under the Pradhan Mantri Awas Yojana.
Specification of Signature Global Serenas Gurgaon
Also, anti-skid tiles in balcony, bathroom, and kitchen
Branded sanitary fittings
And all the electric fitting products are ISI marked
Durable wooden door
An exclusive colour paint scheme with pleasant shades
Protected balcony area with the steel grills
Also ventilating rooms with proper sunlight
Location Advantages of Signature Global Serenas Gurgaon
Very close to the upcoming metro station and ISBT
20 minutes drive for the National Highway-8
150 meters away from Dwarka Expressway
Entry from 60 meters wide road
Only 10 Minutes distance from the Indira Gandhi International Airport
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#Huda Affordable Houisng#Affordable Housing Projects in Gurgaon#List Of Affordable Housing Projects#Ready To Move Projects In Gurgaon#Haryana Affordable housing Projects
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Study details current, future housing issues for Beaufort county
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Beaufort county leaders are hoping data can help them tackle the lack of affordable housing in the area.
The County commissioned and paid for $39,000 for a study by Bowen National Research. the 8 month long study offered insights into housing issues now and in the future.
Bowen National Research worked 8 months on the Beaufort County housing survey
18,000 people responded, and 25 businesses from around the County were interviewed for the project.
The survey shows 63% of people in Beaufort County are having trouble finding a suitable place to live, and more than 45% are paying 30% or more of their salaries just to find a home.
"Lack of available housing, lack of affordable housing," are the two biggest issues, according to Patrick Bowen, President of Bowen National Research.
Houisng prices information from Bowen National Research study
47.4 percent of Beaufort County renters are "cost-burdened", paying more than 30% of their income for housing. Northern unincorporated parts of the County had the highest amount of those renters at 55.9%.
The Bowen National Research study showed that population grew more than 15% in the last 7 years, and will grow another 10% in the next five.
The fastest growing part of the population is still 65 to 75 + in the county, but the research shows nothing is being done to help the other part of the community, the young and not rich.
"If you are trying to buy something that’s priced say under $250,000 or trying to rent something under $1000 there is virtually nothing to choose from," said Bowen.
Market rate, median rents – from Bowen National Research study
41,000 people live and work in Beaufort county, but almost the same number, 36,000 travel either in or out of the county either for a home or a job.
Homes values at $300,000 or more make up 70% of the houses in Beaufort County. Only 10% of the single family homes available for $200,000 of less.
That becomes a nearly impossible number for hospitality workers, police and firefighters.. and more.
"Constantly we kept getting teachers teachers teachers," said Bowen. "That was a problem particularly entry level teachers around the lower spectrum of the pay scale. Those folks were really having a tough time finding a place to live."
Household growth by age, from Bowen National Research study
While 18% of the county can only afford to pay $500 in rent, only 6% of the rental market is at that price.
Median rent in Beaufort County is $1060 for a one bedroom apartment. $1200 for a two bedroom.
All government subsidized properties are filled. A 300 person waiting list exists, and the wait for housing vouchers stands at 18 months to 3 years.
"There is nothing available for low income people to rent," explains Bowen. "If you are a renter that makes less than 40,000, and you are trying to find an apartment in the county, good luck."
Its not just the low income housing that will become an issue. According to Bowen, demand for nearly every housing type and price in every part of the county is going to rise as the county continues to expand.
If the county wants to attract business and high-ranking executives, more housing in the high-income segment has to be built.
About 200 beds for senior care housing facilities will need to be added annually in Beaufort County to keep up with the number of aging residents.
"You already started with a lot of older people and they are just going to get older," explains Bowen. "So housing needs are about to change and a lot of these people financially can’t take care of their homes they need to downsize."
So what needs to be done?
More housing, period will be needed, in all forms, high, moderate and low income.
More single family homes, multi-family apartments, and duplexes and townhouses, according to the study.
The price points on many homes also needs to be less than $150,000 for entry-level and workforce families. Rentals for $750 a month or less will be needed to keep the workforce in Beaufort County.
Bowen does have some recommendations on how to create more affordable housing. Among those
Implementing "inclusionary zoning," Setting aside a number of units in new apartment complexes or other developments for low to moderate incomes people or families.
Simplifying the permitting process to make it quicker for developers who plan to include affordable housing.
Waive building fees for affordable housing developers.
Bowen says those are just recommendations, not exact guidelines the County needs to follow. He likened this area to Asheville, North Carolina who was having similar problems. Many of their workers now travel two counties away to live or build homes.
The full report will be released sometime this week.
Source Article
Read More At: http://www.janniaragon.com/study-details-current-future-housing-issues-for-beaufort-county/
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#Upcoming Projects In gurgaon#Affordable houisng Projects in Gurgaon#Huda Affordable housing Projects#List Of affordable Housing Projects In gurgaon
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#Ready To Move Projects In Gurgaon For Sale#Affordable Housing Projects#Huda Affordable Housing Projects In gurgaon#Haryana Affordable Houisng Projects
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Federal Budget Hurts Low-Income NJ Residents
Federal Budget Hurts Low-Income NJ Residents Lack of Funding Housing Choice Voucher Program @njspotlight @colleenodea
Does Not Adequately Fund
Housing Choice Voucher Program
A December 12, 2014, NJ Spotlight article, “Federal Budget Cuts Hurt Low-Income Residents Who Need Housing Vouchers,” features an interactive map showing where low-income households are using vouchers in community by community across New Jersey.
The article highlights the work of advocates to urge Congress “to restore housing vouchers to…
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Mother’s Day Brings Needed Attention to Affordable Housing
#MothersDay Brings Attention to #affordablehousing 29,300 #NewJersey Moms Head Households on vouchers @CenterOnBudget
29,300 NJ Mothers Head Households
That Rely on Housing Choice Vouchers
On Mother’s Day this Sunday, we’ll honor mothers everywhere for all they do to give their families a safe and loving home.
And while many mothers will enjoy brunch and flowers, many low-income mothers would happily forgo gifts and cards for the opportunity to provide a safe and affordable home for their families.
Housing…
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