Harvard State of Nation Housing Webcast Video for IOS and Mac.

At 373 MB this is a VERY large file, but was able to upload to SkyDrive HERE and embed below in a format that should be viewable on Macs and IOS devices like Iphone and IPAD (insure you are on WI-FI, and NOT using your data plan).  

[Prior posts of MTW video were in Windows Media format, not viewable on IOS devices without additional software]. 


Originally created and posted on the Oregon Housing Blog.

Harvard State of Nation's Housing 2011 Report is Posted.

Main page is HERE. Key facts are in 6 page PDF HERE. 

Look for press release and news stories on Monday. 

Originally created and posted on the Oregon Housing Blog.

Harvard Joint Center Report on Rental Housing Out.

Report is HERE, comes a few days before NLIHC Out of Reach annual report scheduled for release next week. 

PDF page 54 is table of cost burdened renters 2000 and 2009 by Metro area. Portland % of cost burdened renters increased from 18.8% to 25.5%; %'s would be higher for lower income renters.  

Extremely Low Income Affordable and Available Supply Continues to Decline

My calculations from important national table at PDF page 53 shows that <30% Median Family Income households grew by 11% from 2003 to 2009, while the supply of affordable AND available housing decreased by 5.8%. 

The supply gap for these households is now nearly 6.8 million units. For every 100 renters in this income group, only 36 units were affordable AND available in 2009. This is a decline of 15% since 2003 when the Affordable and Available units per 100 extremely low income renters was 42.

Also from report:

Renters are ethnically and racially diverse, with minorities accounting for 89 percent of the more than 4.0 million growth in their numbers from 2000 to 2010. Hispanics contributed 42 percent, and blacks 25 percent, of this increase. Over the decade, the minority share of renters thus rose from 39 percent to 45 percent—more than twice the minority share of owners. In large measure, these minority gains reflect the fact that half of all immigrants rent their housing. Indeed, the foreign-born head one in five renter households. With the recession-induced slowdown in immigration and the bust in the homeownership market, however, whites accounted for nearly half of all renter household growth in 2005–10. While the common perception of rental housing is of large structures in urban areas, more than half of all rental units are in buildings with four or fewer units—including 34 percent that are single-family homes. Renters are in fact more likely to live in the center cities of metropolitan areas than homeowners, but more than half live in suburban and nonmetropolitan areas. Indeed, two out of every five renters live in suburban areas and about one in seven in non-metro areas.

Originally created and posted on the Oregon Housing Blog.

Harvard Joint Center Paper: Low Income Housing Tax Credit Policy Issues.

Thanks to tip from the weekly Novogradac Podcast, recent Harvard Joint Center for Housing Policy paper is HERE.

Questions addressed in the paper include the following:

1. Where does LIHTC fit in national affordable housing policy?
2. Should the tax credit be made flexible enough to reach those with the lowest incomes or encourage mixed income developments?
3. Should the LIHTC program provide special incentives to produce housing in middle and higher income communities?
4. What are the benefits and drawbacks of the LIHTC program structure?
5. Is the LIHTC program transparent enough to support housing policy research and evaluation?
6. What additional federal policy objectives could the LIHTC program serve?
7. How broad should the LIHTC investor base be?
8. How can LIHTC be redesigned to mitigate “tax liability” risk?
9. Can the housing tax credit be made more liquid?
10. Is there any way to address geographic differences in demand?
11. Do program regulations and incentives effectively support operating costs and future capital needs of LIHTC properties?
12. Is there adequate provision made for asset management during the initial 15-year compliance term?
13. Are incentives aligned for the best outcomes at the end of the initial compliance period?

Originally created and posted on the Oregon Housing Blog.

HOT: Harvard Joint Center State of the Nation's Housing 2010 Report is Out.

Report page is HERE.

• Full report is HERE.
• PR is HERE.
• Key Facts are HERE.
• Excel tables from report are HERE.

[As of Monday AM website appears to be overloaded, taking long time to download some of these documents].


Originally created and posted on the Oregon Housing Blog.

Harvard Joint Center Study of Disruption of the Low-Income Housing Tax Credit Program.

Report is HERE.

Originally created and posted on the Oregon Housing Blog.

Harvard Joint Center State of Nation's Housing Report Must be Coming out this Week.

Haven't seen any leaked summaries yet, but annual report always comes out in June.
Look for it later this week HERE, make sure you have 2009 version.