Wednesday, December 18, 2024
Authors Posts by NLIHC

The National Low Income Housing Coalition (NLIHC) is dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes.

The National Low Income Housing Coalition is dedicated solely to achieving socially just public policy that assures people with the lowest incomes in the United States have affordable and decent homes.

Contact:

Tel: 202/662-1530
Fax:  202/393-1973

Fannie and Freddie Should be Making Statutorily Required Contributions to the National Housing Trust...

WASHINGTON, D.C. - May 10, 2013 - (RealEstateRama) -- With this week’s announcements of record profits for Fannie Mae and Freddie Mac, the National Low Income Housing Coalition calls on the Federal Housing Finance Agency and the Obama Administration to fulfill the statutory requirement of Fannie Mae and Freddie Mac to make contributions to the National Housing Trust Fund

National Low Income Housing Coalition Statement in Support of Trail of Hope Demonstration

WASHINGTON, D.C. - April 17, 2013 - (RealEstateRama) -- On April 17, a house from the Oglala Sioux Lakota Pine Ridge Reservation will be placed on Union Square near the U.S. Capitol to draw attention to the lack of affordable housing and poor housing conditions experienced by American Indians on the Northern Planes and other reservations. The house, built in 1961, was the first federally assisted housing unit built on the Pine Ridge Reservation

NLIHC Releases Poll Data Showing Majority of Americans Favor Changes to Mortgage Interest Tax...

WASHINGTON, D.C. - March 22, 2013 - (RealEstateRama) -- A poll commissioned by the National Low Income Housing Coalition finds that while most Americans do favor the mortgage interest deduction, majorities of Americans support proposals to make the tax break more targeted, and more than half want the savings from reform to be used to end homelessness

NLIHC Launches Major New Campaign to Address Low Income Housing Crisis

WASHINGTON, D.C. - March 19, 2013 - (RealEstateRama) -- The National Low Income Housing Coalition (NLIHC) announced the launch of a major new campaign to reshape U.S. tax policy to make affordable housing more available to the nation’s 10.1 million extreme low-income renter households. The centerpiece of the NLIHC campaign is a proposal to modify the mortgage interest deduction for higher income Americans and invest the savings in the National Housing Trust Fund, which was established to serve low-income housing needs. The organization today also released a new national public opinion poll showing broad, bipartisan support for such a proposal

March 11 Press Call to Announce New Data on Affordable Rental Housing Shortage

WASHINGTON, D.C. - March 5, 2013 - (RealEstateRama) -- This annual research report is the source of the often-cited Housing Wage, or the hourly wage that an individual must earn to afford a modest market-rate rental home. Out of Reach highlights this data for every state, metropolitan area and county in the country, and provides additional data about housing affordability such as local wages and housing costs

Affordable Rental Housing Shortage Impacts Every State in the Nation

WASHINGTON, D.C. - February 28, 2013 - (RealEstateRama) -- Millions of Americans will be writing their rent checks tomorrow. But as a new report shows, millions of the lowest income renters will be making rent payments far greater than what they can afford.

HUD Reports Record Increase in Housing Unaffordability for Low Income Renters

WASHINGTON, D.C. - February 26, 2013 - (RealEstateRama) -- Low income renters in the United States are experiencing record rates of unaffordable housing costs, according to a new report from HUD. The report, Worst Case Housing Needs 2011, shows 8.48 million renter households experiencing “worst case housing needs,” a 19% increase since 2009 and a 43.5% increase since 2007

Statement by NLIHC President and CEO Sheila Crowley in response to the State of...

WASHINGTON, D.C. - February 13, 2013 - (RealEstateRama) -- President Barack Obama, in his State of the Union address to Congress last night, called for several measures to deal with the great income divide in the United States, including a substantial increase in the minimum wage. This is good news and Congress should pass such legislation without delay.

NATION’S RENTERS FACE SEVERE AFFORDABLE RENTAL SHORTAGE

WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- In 2010, there were 9.8 million extremely low income renter households in the United States, and only 3 million rental homes affordable and available to these households. This shortage of 6.8 million rental units means that only 30 rental homes are affordable and available for every 100 extremely low income renters.

President’s Budget Request Creates Grim Outlook for Low Income Housing

WASHINGTON, D.C. - February 14, 2012 - (RealEstateRama) -- President Barack Obama’s FY13 budget request, released today, struggles to keep housing programs funded at a basic level while relying on the lowest income Americans to bear part of the burden of deficit reduction.

HUD Policy Notice Will Help Preserve Homes for Public Housing Residents

WASHINGTON, D.C. - February 3, 2012 - (RealEstateRama) -- In a notice issued today, the Department of Housing and Urban Development (HUD) Office of Public and Indian Housing clarified and strengthened policy guidance in an effort to curb the decades-long sale and needless destruction of the public housing stock that is affordable to the lowest income people

President Obama Calls for Greater Measure of Income Equality

WASHINGTON, D.C. - January 26, 2012 - (RealEstateRama) -- In the annual State of the Union address last night, President Barack Obama offered his “Blueprint for an America Built to Last,” which centers on reducing the disparities in income and wealth among Americans. He wants people of means to pay their fair share of taxes and he wants to improve the prospects for low and middle income Americans to get good jobs that pay a fair wage. He appealed to Congress to set aside ideological differences and act together on behalf of the American people.

NLIHC Calls on Congress to Support Protecting Tenants at Foreclosure Act Extension

WASHINGTON, D.C. - December 9, 2011 - (RealEstateRama) -- The Protecting Tenants at Foreclosure Act (PTFA), passed in 2009 and signed into law by President Obama, guarantees that banks and other new owners of rental housing after foreclosure provide at least 90 days’ notice to renters living in foreclosed homes. Before PTFA was in place, tenants could be evicted from their homes with as little as a few days’ notice when the property was foreclosed.

NLIHC Board Member to Testify in Support of HUD’s Rental Assistance Demonstration

November 3, 2011 - (RealEstateRama) -- At a hearing today, National Low Income Housing Coalition board member and legal services attorney Charles Elsesser will testify before a House panel in support of an Administration proposal on public housing conversion

House T-HUD Appropriations Draft Comes Up Short for Public Housing

WASHINGTON, D.C. - September 9, 2011 - (RealEstateRama) -- On September 7, the House subcommittee in charge of appropriations for housing programs released its draft budget, which if enacted would have both positive and negative consequences for America’s lowest income people.

ADVOCATES PRAISE ONE-FOR-ONE REPLACEMENT REQUIREMENTS IN LATEST CHOICE NEIGHBORHOODS INITIATIVE AWARD

Washington, D.C. - September 7, 2011 - (RealEstateRama) -- Last week, the Department of Housing and Urban Development (HUD) awarded a total of $122 million to five communities for the redevelopment of distressed public and assisted housing.

Affordable Housing Construction Key to Jobs Growth, Economic Stimulus

WASHINGTON, D.C. - August 25, 2011 - (RealEstateRama) -- A coalition of 45 national organizations sent a letter to President Barack Obama’s domestic policy and economic teams today asking that the Administration include at least $10 billion for the National Housing Trust Fund in the President’s jobs-creation plan.

Tax Expenditures, Revenue Must Be Considered If Debt Deal is to Spare Those in...

WASHINGTON, D.C. - August 19, 2011 - (RealEstateRama) -- This is the message of 40 housing and community development organizations in a letter to the members of the Joint Select Committee on Deficit Reduction, known as the “super committee.” This Congressional committee is charged with achieving further deficit reduction as part of the debt ceiling agreement enacted in early August.

House Subcommittee Votes to Eliminate the National Housing Trust Fund

WASHINGTON, D.C. - July 13, 2011 - (RealEstateRama) -- In a vote of 18-14, the Capital Markets and Government Sponsored Enterprises subcommittee of the House Finance Committee voted yesterday to eliminate the National Housing Trust Fund.

House Subcommittee to Consider Bill to Abolish National Housing Trust Fund; NLIHC President Sheila...

Washington, D.C. - July 12, 2011 - (RealEstateRama) -- On the morning of July 11, the Subcommittee on Capital Markets and the GSEs of the House Financial Services Committee will vote on the latest series of bills to dismantle Fannie Mae and Freddie Mac.

Business Real Estate Press Releases

RESO Announces 2025 Board of Directors Election Winners

RESO Announces 2025 Board of Directors Election Winners

The results of the Real Estate Standards Organization (RESO) 2025 Board of Directors election have been announced for five open seats, director appointments and the board’s Executive

Recent Gov & Nonprofit Real Estate Press Releases

HUD - U.S. Department of Housing and Urban Development

HUD Invests More Than $2 Million to Modernize Rental Homes for...

The U.S. Department of Housing and Urban Development (HUD) announced the recent closing of three Green and Resilient Retrofit Program (GRRP) transactions to help finance energy efficiency