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  I n   t h e   N e w s

video screenshot
JCHS Panel discussion


Video:  Panel Discusses Housing America’s Older Adults Report
Joint Center for Housing Studies of Harvard University
September 17, 2014

The Joint Center for Housing Studies (JCHS) published Housing America’s Older Adults which analyzes America’s aging population’s demographics, housing data, accessibility issues, community needs, long-term support and related services.  The report found that in 15 years the population aged 50+ will rise to 132 million and in 2012 one third of older adults pay over 30 percent of their income on housing, rendering them “cost-burdened.”   The JCHS hosted a panel discussion about the report on September 2, 2014 in Washington D.C. and the videos of the discussion are available to view.

cover of white paper 

Green Initiative's Impact on Housing Affordability
Fannie Mae
September 12, 2014

Fannie Mae published a white paper addressing the effect of green building practices on the “quality and affordability of multifamily housing.”  Transforming Multifamily Housing: Fannie Mae's Green Initiative and ENERGY STAR® for Multifamily paper analyzes risks, property improvements, key findings, and cost drivers for energy and water.  The paper provides a toolkit and survey results to assist in multifamily development decision making.   Key findings include:  inefficient properties can spend up to $165,000 more in annual energy costs, and inefficient properties use over three times as much energy and six times as much water.  Fannie Mae offers affordable housing owners loans to help subsidize the cost of green building improvements. 

Image by Urban Institute, NFMC Report
Image by Urban Institute, NFMC Report 

Homeowners Delinquent or in Foreclosure Save Time, Headache and Money When Working with Housing Counselors
NeighborWorks America Press Release
September 9, 2014

A new study for NeighborWorks America by the Urban Institute finds that homeowners have saved tens of millions of dollars annually because of the National Foreclosure Mitigation Counseling program. Specifically, homeowners working with NFMC program counselors are nearly three times more likely to obtain a money-saving mortgage modification, are nearly twice as likely to get their mortgage back on track without a modification, about 60 percent less likely to re-default after curing a serious delinquency, and, if necessary, able to complete short sales faster than homeowners who don’t work with housing counselors.  More... 

broward county housing map
Broward County
Housing Related Map
Report Analyzes Broward County Banks’ CRA Performance
Broward Housing Council
September 8, 2014

The Community Reinvestment Act (CRA) was established to assist low- and moderate- income communities meet their credits needs and discourage discrimination by banks. The Community Reinvestment Act, Bank Performance in Housing Lending and Investment in Broward County report, which was created by Carras Community Investment, Inc., provides the functions of CRA, highlights Broward’s housing credit needs, analyzes the Home Mortgage Disclosure Act, assesses Broward’s banks’ performance, and the role of CRA performance within Broward Housing Council’s Work Program. 

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