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WASHINGTON (Reuters) -The Biden administration is taking steps to address a severe housing shortage in the United States by creating and selling 100,000 affordable homes over the next three years ...
Even in regions with relatively abundant market-rate housing, the market can fail to supply safe and sufficient housing to populations with very low income or disabilities that impair independent living. Insufficient public funding has contributed to a distinct housing crisis affecting these groups.
Those living in older, poorly maintained housing are at the greatest risk, and many of these housing units are home to low-income families [13] Even though blood levels are dropping in much of the population in the United States, the poorest children remain at the greatest risk because they are most likely to live in older, poorly maintained ...
Increases in homelessness broke records in 2022 and in 2023. [15] [16] [17] In 2023, record levels of homelessness have been declared in Los Angeles and New York City, and other cities around the country have reported increased levels of homelessness, with the main drivers being a shortage of affordable housing and the increased cost of living.
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Half of all renters in the country were cost-burdened in 2022, and a typical homebuyer would have spent more than 40% of their income on their mortgage payment, as of last October. Things are ...
The NYC Housing Authority counted 330,118 residents in 161,585 apartments within the public housing system in 2023. [10] The maximum number of public housing units allowed by the 1998 Faircloth Amendment within the NYCHA system stands at 178,948, [ 11 ] meaning an additional 17,363 public housing units could be constructed under the federal limits.
Like Fraser, thousands on Maui have faced a year of anxious uncertainty since the Aug. 8, 2023, wildfire brought apocalyptic scenes of destruction to Lahaina, the historic former capital of the ...