Oregon Housing & Community Services (OHCS)’s Post

Oregon’s first State of the State’s Housing Report underscores the need for more affordable housing. Oregon ranks first in the nation for the most families with children who are living without shelter. Read the full report - https://lnkd.in/gyVkwe4e

According to the Oregon Housing and Community Services 2024 State of the State’s Housing Report, Bend remains one of Oregon’s most expensive cities to buy a home, with prices far exceeding local incomes. 🚨 The Numbers Speak Loudly: ◾ The home price-to-income ratio in Bend is 6.5, among the highest in the state. ◾ Only 29% of Oregonians can afford a typical home today, down from 53% in 2013. These barriers aren’t just financial—they ripple through our workforce, impacting essential workers who help our community thrive but struggle to find stable housing. BIPOC households face even greater hurdles, with systemic barriers widening the gap between opportunity and ownership. At Bend-Redmond Habitat for Humanity, we’re stepping up. Through innovative partnerships, sustainable building practices, and equity-driven strategies, we’re working to make homeownership a reality for more families. 💬 Join the Conversation: How can we collectively address affordability and bridge gaps in homeownership? Share your thoughts or connect to learn more about our initiatives. #AffordableHousing #BendOregon #Homeownership #HousingEquity #CommunityImpact

New! Housing and planning – a CEP election analysis By Paul Cheshire and Christian Hilber LSE Geography and Environment In the 30 years from 1989, 3 million fewer houses were built than in the previous 30 years, despite a strong increase in demand. This mismatch between supply and demand has contributed to the affordability crisis. In 1997 the ratio of median house price to median income across England and Wales was 3.6 and in London it was 4.0. By 2023 the median house in London cost 12 times the median earnings and even in the least unaffordable region, north-east England, the ratio was 5.0. This rise means only younger people whose parents - even grandparents - were homeowners can now be reasonably optimistic of being able to buy. As the fundamental cause of our housing crisis is not building enough houses, supply side reform is the only effective solution. Read more: https://lnkd.in/dgFwzC2Z

AS AFFORDABILITY CHALLENGES PERSIST, MIDDLE-INCOME HOUSING PROGRAMS TAKE CENTER STAGE -A Harvard University study titled "Subsidizing the Middle: Policies, Tradeoffs, and Costs of Addressing Middle-Income Affordability Challenges" examines 11 state and local programs aimed at addressing middle-income housing needs. The programs provide direct or indirect public subsidies, such as grants, loans, or property tax exemptions. Examples include the Michigan Missing Middle Housing Program and the Philadelphia Workforce Housing Credit Enhancement. These programs cover a range of market conditions and housing costs, with funding and requirements varying across states and localities. Most programs use a percent of area median income (AMI) to determine eligibility for renters, focusing on new construction. The study aims to close the gap in research on state and local middle-income housing programs and policies. #real #realtor #realtors #realestateagent #realestateagents #home #homes #house #houses #longandfoster #longandfosterrealestate #ChloeZhu #ChloeZhuRealEstate

💡As a rule, housing costs shouldn't exceed 30% of someone's income. However, with the recent rise in median household gross rent, more households exceed this limit. Data on Renters Spending 30% or More of Household Income on Rent and other Northern Nevada housing data can be found on the Nevada Tomorrow website's Land Use, Housing, and Infrastructure Quality of Life area. Stay informed, and dive into housing insights on Nevada Tomorrow! 📊🏡 https://brnw.ch/21wJny3

Local, state, and federal policymakers are increasingly exploring opportunities to make use of public properties to address nationwide housing shortages. Our new commentary, “Repurposing Public Land for Housing: An Analysis of California's United States Postal Service Sites,” provides estimates of the amount of USPS land which might be suitable for housing. Our analysis finds that of USPS’ 603 sites in California, 53 are near public transit, in majority residential, high opportunity areas, and over 20,000 square feet in size, making them strong candidates for housing development.

The data is clear: we need to build more homes to meet demand and strengthen communities. Let's tackle the housing shortage by addressing land development costs. #HousingShortage #housingsupply #homebuilders #leadingbuildersofamerica http://bit.ly/4e781MH

ICYMI: A new rule proposed by the U.S. Department of Housing and Urban Development (HUD) would reduce barriers to HUD-assisted housing. Under this new rule, people would no longer be automatically or categorically denied access or terminated from HUD-assisted housing. The proposed rule would continue to afford PHAs and assisted housing owners discretion, while also providing direction on adopting and implementing fair, effective, and comprehensive admissions and termination policies. HUD is accepting comments from all interested parties, including members of the public, to share their views and recommendations for improvement on this proposal. Today is the last day to submit comments electronically through www.regulations.gov. Read more about the proposed rule and additional information about how to leave a comment here: https://lnkd.in/e5RkYasc

Housing affordability was the most important issue in 2024.🏡🏘 The Utah Foundation had asked about housing prices in its 2008, 2010, and 2012 surveys, but it had never been among the top 10 issues. However, the issue rose to second place in March 2020. With the emergence of the Coronavirus, concerns about housing affordability dropped to seventh. Read more here: https://lnkd.in/geWJUWxJ