HUD Program Spends Average of $232,000 to Create Single Affordable Housing Unit

Average per-unit costs were $232,000, most for one-bedroom apartments, in a review of a U.S. Department of Housing and Urban Development program designed to build and preserve affordable housing.

The Department of Housing and Urban Development’s Housing Trust Fund program needs better oversight, according to a new report from the U.S. Government Accountability Office. 

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Trump Quietly Signs Executive Order to Launch New Council on Affordable Housing to Battle Homeless Crisis

by Audrey Conklin   President Donald Trump signed an executive order Tuesday to establish a new council for the U.S. Department of Housing and Urban Development that focuses on affordable housing. The White House Council on Eliminating Barriers to Affordable Housing, chaired by HUD Secretary Ben Carson, will work with…

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Nashville Plans Overhaul of Two Public Housing Developments For Mixed-Income Communities

housing

Nashville’s housing agency plans to rehab two properties even as the city takes over public housing from the federal government. The Nashville Metropolitan Development and Housing Agency will release its 600-page five-year plan to the federal government soon, Nashville Public Radio reports. The plan overview is available here. Council will…

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Nashville Becoming ‘Chic Urban Playground for the Wealthy,’ Vanderbilt Professor Tells Wall Street Journal

Nashville City at night

The Wall Street Journal has taken notice of how Nashville is becoming gentrified and is in danger of becoming a “chic urban playground for the wealthy.” James Fraser, an urban studies professor at Vanderbilt University, told The Wall Street Journal the city needs 30,000 more units of affordable housing and…

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