Maryland Department of Housing and Community Development (DHCD)’s Post

Often in the housing finance world we get stuck on the federal level and forget that #housing is deeply local. While leadership and resources from the federal government are needed, addressing the #housingshortage will require states and localities to use their greater jurisdiction over land use and zoning policies and greater visibility into specific local housing needs. Maybe it's allowing ADUs by right in California, creating a construction financing fund to unstick approved multifamily projects in Boston, or allocating incentives to rehabilitate and preserve abandoned units in Baltimore. Thanks Sami Sparber from Axios for the quote on the role that housing is playing in this local election cycle. #affordablehousing

As discussed in our 10-Year Housing Plan, due to historic patterns of investment from all levels of government, discriminatory practices baked into the market, and nationwide market forces, Alameda County is facing a severe housing crisis. The plan accounts for the root causes of the current crisis, and how it manifests today as persistent homelessness and cost-burden among lower-income residents, to craft a framework for response to this issue on a countywide scale. The Housing Plan can be found on our website at: www.achcd.org/reports. The public is encouraged to leave comments at: https://lnkd.in/gC8f-z6G or at email your comments to HCD.Policy.Program@acgov.org. We want to hear from you as we shape housing policy for the next decade. 1930’s Map of Oakland Redlining from Section II. Black Dots represent 2007-2011 foreclosures. Red Dots represent properties acquired by investors Michelle Starratt Jennifer Pearce Dylan Sweeney John Lo, JD Elizabeth Cook

Leveraging Public Resources: An examination of Nebraska housing initiatives and incentives is underway. The main focus lies in verifying the efficiency and effective utilization of state funds directed toward affordable housing. #affordablehousing https://lnkd.in/eubEzZFZ

This November, residents will have a pivotal opportunity to vote on the Housing Trust Fund, a game-changing initiative that could transform our city’s housing landscape.  If passed, this measure will establish an annual fund of at least $17 million, dedicated to creating and preserving safe, healthy, and affordable housing for families and individuals across New Orleans. This isn’t just about housing—it’s about protecting our community, ensuring stability, and providing opportunities for residents to thrive.  Why it matters: - New Orleans is experiencing a housing crisis, with skyrocketing rent and limited affordable options. This fund will directly address these challenges by investing in long-term solutions. - Affordable, safe housing means better health outcomes, stronger neighborhoods, and economic security for all. - The Housing Trust Fund will focus on both creating new affordable units and preserving the ones we already have, ensuring our city’s future. For a detailed overview of the Housing Trust Fund and its potential impact, check out Yes To NOLA Housing website: yestonolahousing.com. #AffordableHousing  #NewOrleans #CommunityDevelopment #HousingForAll #HousingTrustFund #NOLA #HealthyHousing #SafeHousing #UrbanDevelopment #HousingSolutions

There's a reason why the Los Angeles Times, San Francisco Chronicle, and Housing Action Coalition oppose Prop 33 — it could have the unintended consequence of making our housing shortage and affordability crisis worse. If Prop 33 passes, it will allow wealthy, exclusive, anti-growth cities to impose requirements that would make building new housing financially infeasible. This would upend the significant pro-housing progress California has made in the past few years. We support expanding tenant protections, but Prop 33 is a trojan horse that would give NIMBY cities the power to block new housing development. NO on Prop 33 ❌ https://lnkd.in/gvnRasYu

Maine's housing crisis is at the confluence of social, historical, and practical barriers. Housing availability has plummeted and affordable homes are scarce. While there's no cure-all remedy, one thing is clear: Maine needs more housing now, and it's going to require all hands on deck. GrowSmart CEO Nancy Smith advocates in favor of redeveloping historic buildings as a means to tackling the housing crisis felt across Maine. https://lnkd.in/giZaKGdj

What if we had all hands on deck to solve the housing crisis? In the #MPC24 edition of Crain's Detroit Business, CEO & Executive Director Amy (Joseph) Hovey talks about how MSHDA is addressing the housing crisis by financing more homes and meeting the needs of the evolving, modern housing markets, and the need to find more ways to make housing affordable for every Michigander. Read more here: https://lnkd.in/gxhxDhGp

𝐙𝐨𝐧𝐢𝐧𝐠 𝐑𝐞𝐟𝐨𝐫𝐦𝐬 𝐃𝐫𝐢𝐯𝐞 𝐇𝐨𝐮𝐬𝐢𝐧𝐠 𝐈𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧: 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐟𝐨𝐫 𝐒𝐞𝐚𝐭𝐭𝐥𝐞 𝐌𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 State lawmakers are addressing the housing crisis with zoning changes that support smaller, denser units while balancing affordability and investor interests. 𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 🏢 A 4M home shortage is pushing creative solutions like microunits and co-living. 🏙️ Seattle leads with microunits (<400 sq ft), boosting space and affordability. 🤝 Co-living and house-sharing gain traction as affordable housing models. These shifts present challenges and opportunities for multifamily investors navigating a changing market. For more on these policy shifts and their impact, check out the full GlobeSt.com report: https://lnkd.in/gcgkBmCt #seattleapartments #seattlerealestate #seattlemultifamily #pnwmultifamily

Did you know that DCA provides financing for small-scale, missing middle opportunities through the AHTF, NHTF, HOME, HOME ARP and NJHHI funding programs? Take note of these financing mechanisms when crafting your housing plans and let us know how we can help your town fulfill their affordable housing obligations. #missingmiddle

I'm in Green Building Advisor talking about Kamala Harris' proposed housing policy, such as it is... To get a clear sense of what a Harris-Walz Administration might do to solve the affordable housing crisis, it requires some reading between the lines. Kamala Harris has spoken of an "opportunity economy," which includes implementing a $6,000 child tax credit, providing up to $25,000 in down-payment assistance for first-time buyers, and building 3 million new homes by the end of her first term. (The nation's housing deficit is currently estimated to be between 4.5-7 million.) The details to realizing all this are vague, and for any number of reasons, Harris is not campaigning on the historic policy achievements of the Biden-Harris Administration, particularly the CHIPS Act, Bipartisan Infrastructure Law (BIL), and the Inflation Reduction Action (IRA). One might hope that, if elected this November, her admin's housing policies would ride the momentum of previous legislation and leverage the many funding channels that have been put in place, via HUD, USDA, DOE, EPA, and other federal agencies. Here's my latest #policywatch ... read the comments section if you dare 🤔 https://lnkd.in/ehk2Aj2v #KamalaHarris #Harrishousingplan #affordablehousing #housingcrisis #cleanenergyeconomy #greenhousing #InflationReductionAct #childtaxcredits Jennifer Castenson Antje Steinmuller