Apartment City

After a tense deadline last summer at the Highland Village apartments and nearly a year of wading through bureaucratic red tape , Bellevue has committed itself to the preservation of 76 below-market units. The Bellevue City Council voted 4 -0 to contribute $2 million from the city’s housing fund toward the King County Housing Authority to help purchase the property. The 86 families (and 85 children in local schools) of the Highland Village apartment complex were faced with an eviction notice last year, which told the residents to be out by the beginning of October. A developer, Intracorp, had sights on the property for market-rate condominiums. The residents, by-and-large, are near the 60 percent area median income level . Many of the residents speak English as a second language. According to the King County Housing Authority ’s own guidelines, the area median income for a family of four is $90,000. Highland Village was charging residents well below market rent, but many com...

Plans to renovate Lassiter Courts , a public housing complex in the city’s Southeast Community, will move forward after getting state approval this summer for an important piece of funding. But the state’s rejection of similar funding at Spratley House will delay plans there until at least next year. The Newport News Redevelopment and Housing Authority plans to do the same kind of work at Lassiter — about $5.9 million worth — that it has done at Oyster Point, Cypress and Brighton apartment complexes : renovating kitchens, fixing up roofs and floors, and working on HVAC systems, to name a few plans. public housing complex es get step closer to renovation" class="trb_em_ic_img" title="Two Newport News public housing complex es get step closer to renovation" src="src" /> Those properties have been or will be renovated under a program called Rental Assistance Demonstration , or RAD, which is operated under the Department of Housing and Urban Develop...

RIO DE JANEIRO ― Seven years ago, Vila Autódromo was little more than a tranquil fishing village on the edge of Jacarepagua Lagoon, next to the racetrack for which it was named. Like the hundreds of other favelas that dot Rio de Janeiro ’s landscape, it had long been neglected by the city government , and it lacked many basic public services that are standard in the fast- growing wealthier neighborhoods just across the water. But to the more than 600 families that lived there, it was home. “This was a paradise,” said Luiz Cláudio Silva, who lived in Autódromo for more than 20 years. “I thought that I would live here for the rest of my life.” By the time the Rio Olympics are over, just 20 of the families who lived in Autódromo in 2009, the year the International Olympic Committee chose the city to host the games, will remain. The community, which sits less than a mile away from Rio’s Olympic Park, was crushed so that the city could build new access roads to connect Olympic venues . ...

The number of high-poverty neighborhoods in Colorado Springs rose from six to 22 between 2000 and 2015, a study conducted by the U.S. Census and published by the Joint Center for Housing Studies of Harvard University has found. In the Springs, low-income neighborhoods used to occupy high- density urban areas , but, following a recent national trend , the study found that the city’s poor have increasingly dispersed into the city’s outer edges: fragmented neighborhoods with potentially limited access to public transportation or support programs. The study did not specify what outlying neighborhoods the growth has occurred in, but defined “high poverty” areas as those where 20 percent or more of the population lives below the federal poverty line . See image below . click to enlarge As more neighborhoods are becoming classified as high-poverty, individual families in Colorado Springs are experiencing noticeable financial struggles as well. According to a 2016 study by the Pew...

Last Updated Aug 19, 2017 4:54 PM EDT Maryland Democrats are demanding a slew of records from Kushner Companies LLC after reports that its subsidiaries' apartment complexes receiving public housing payments are getting judges to order the arrest of delinquent renters and making rent payments unnecessarily difficult for tenants.  President Trump's son-in-law and senior adviser Jared Kushner stepped down as CEO of Kushner Companies when he joined the White House, but retains a significant financial stake in the business. The firm has received $6.1 million in federal rental subsidies through the Department of Housing and Urban Development (HUD) for three apartment complexes in Maryland since January 2015, according to a recent Baltimore Sun report .  Those subsidies help tenants pay their rent. But the Sun reported Kushner Companies is "the most aggressive [firm] in Maryland" in using a debt collection tactic that urges judges to arrest people who fail to appe...

WASHINGTON (August 22, 2017) – (RealEstateRama) — The “ Rent Relief Act of 2017,” legislation announced today by U.S. Representative Joe Crowley (D-NY), would provide much- needed resources directly to struggling families and individuals to help them afford to keep a roof over their heads. The refundable tax credit would put more money in the pockets of the lowest income families , at a time when their wages have flatlined and housing costs have skyrocketed. Millions of families – including those with the greatest needs – would no longer be forced to make impossible choices between paying for rent and covering other basic needs like food and healthcare. The lack of affordable housing in the U.S. has reached crisis proportions . The Gap: A Shortage of Affordable Housing , a report by the National Low Income Housing Coalition (NLIHC), shows there is a shortage of 7.4 million affordable and available rental homes for America’s 11. 4 million extremely low -income (ELI) households, ...

DECATUR, GA -- The Decatur Housing Authority (DHA) will hold a Grand Opening Ceremony for Phases I and II of Trinity Walk, the exciting redevelopment of the former Gateway Manor and Oakview apartments in downtown Decatur, near Atlanta.  The new, affordable apartment community at 421 West Trinity Place is fully occupied and now boasts 121 one, two and three- bedroom energy - efficient apartment flats and townhomes in six contemporary, three-story buildings.  Thirty-two of the apartments were created for the elderly and/or disabled, while the remaining 89 units were designed for families.  The Grand Opening will be held at Trinity Walk on Tuesday, Sept. 12 at 10 a.m.  Invited guests include Decatur ’s Mayor and City Council, HUD officials, DHA staff project investors and partners and Trinity Walk residents , who worked with DHA, HUD and the City of Decatur to create a unique revitalization strategy for the redevelopment.“The former Gateway Manor development spanned two highly des...