Affordable housing projects benefit from numerous incentives, funding support
Check with local authorities to learn about types of incentives offered and preferred method of project delivery
Suggestions
Washington to spend $47 million to support affordable housing
Funds will go to 43 projects designed to add 3,333 units of affordable housing statewide
People want urban housing, but many cannot afford it, study shows
Report ranked the top metro areas by their walkable urbanism, considering factors such as commercial rent premiums, multifamily rental rates and for-sale home prices
Washington allocates $312.6 million for housing projects to combat homelessness
Majority of funds – $274 million – will support 48 projects that will create 3,443 multifamily and rental housing units
Ohio offering $150 million in grants and tax credits to boost housing access
Funds available the through Welcome Home Ohio program, which helps landbanks buy, rehabilitate or build qualifying residential properties for income-eligible Ohioans
States, cities eye creative solutions to housing availability
States and cities are looking at creative ways to make more cost-conscious housing available by renovating hotels, office buildings and properties containing multiple small houses
Government works to boost efforts to convert empty office space into homes
Initiatives address two intersecting economic trends: current drops in office occupancy rates due to hybrid work options and the growing need for single- and multi-family space in hotter job markets.
