Home Business Blue Cities Dominate Affordable Housing Construction Surge

Blue Cities Dominate Affordable Housing Construction Surge

Share
blue-cities-dominate-affordable-housing-construction-surge
Blue Cities Dominate Affordable Housing Construction Surge
Share

A construction site of a mixed-use apartment complex in Los Angeles on Aug. 20, 2024. Mario Tama/Getty ImagesAs housing affordability has become a central concern in the United States in recent years, the construction of affordable housing has risen sharply, according to a new analysis. Programs from both the federal and local governments helped support that development.Affordable housing construction in the United States surged by 73 percent over the five years from 2020 to 2024, compared with the previous five-year period (2015–2019), outpacing the 36 percent growth in overall apartment construction, according to a new analysis by real estate technology platform RentCafe.

Share
Related Articles
eqt-to-buy-range-resources,-creating-largest-us-natural-gas-producer
BusinessCompaniesEnergy

EQT to Buy Range Resources, Creating Largest US Natural Gas Producer

EQT Corp. has agreed to acquire rival Appalachian shale driller Range Resources...

wall-street-is-very-nervousshould-you-worry?-can-you-repair-your-losses?
BrightBusinessInvestingPersonal FinanceStocks

Wall Street Is Very NervousShould You Worry? Can You Repair Your Losses?

On Oct. 23, the Dow Jones Industrial Average fell 652.82 points, or...

nearly-3-in-10-new-car-trade-ins-are-underwater,-edmunds-finds
BusinessMarkets

Nearly 3 in 10 New-Car Trade-Ins Are Underwater, Edmunds Finds

Almost three in 10 vehicles traded toward a new car are worth...