Download presentation
Presentation is loading. Please wait.
Published byLindsey Jacobs Modified over 8 years ago
1
Innovations in Affordable Housing: Defining Need, Finding Solutions Lisa Sturtevant, PhD Vice President of Research, National Housing Conference Executive Director, Center for Housing Policy
2
What Will Drive Housing Demand? Key demographic and economic trends will shape demand
3
Boomers Growth in 65+ population Source: Housing an Aging Population: Are We Prepared? Projections of Population Change by Age for the U.S.: 2010 to 2050
4
Gen Y’ers Trends among 25-34 year olds Source: U.S. Bureau of Labor Statistics, 2011 Current Population Survey
5
Cities Divergence in housing market recoveries San Francisco, CA $679,800 Source: National Associate of Realtors Cleveland, OH $102,100 Median Single-Family Home Price: Q1 2014 VS
6
Affordability Millions of cost burdened households Source: Housing Landscape 2014
7
Affordability Costs rising faster than incomes Source: Losing Ground Change in Incomes and Housing + Transportation Costs Median-Income Household in Largest 25 Metro Areas: 2000-2010 Housing Costs Transportation Costs Combined H+T Costs Household Income +52% +33% +44% +25%
8
Employment Trading high-wage jobs for low-wage jobs Source: Housing the Future Workforce in the Hampton Roads Region Projected Job Growth Hampton Roads VA: 2013-2033
9
Transit-Oriented Development Demand for walkable neighborhoods Source: Public Transit’s Impact on Housing Costs; Local Policy Options to Support Sustainable and Equitable Development
10
Inclusionary Housing Local affordable housing policies proliferating Location of Inclusionary Housing Programs in the U.S. Source: Designing Inclusionary Housing for Lasting Affordability
11
Housing & Services Meeting the continuum of needs Source: Aging in Every Place; Strengthening Economic Self-Sufficiency Programs
12
Partnerships Critical to meeting housing challenges ahead Housing and community development organizations Non-profit & for- profit housing developers State and local housing advocates Local, state and federal government agencies Information Data Analysis Policy development Best practices Financial institutions
13
Innovations in Affordable Housing: Defining Need, Finding Solutions
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.