Skip to main content

Survey: Americans Welcome More Local Affordable Housing Options

Phil Hall
Jun 01, 2016

When it comes to the introduction of affordable housing developments into communities, most Americans are eschewing the NIMBY notion, according to a new survey from the renters advocacy group Make Room and Ipsos Public Affairs.

In a survey of 1,006 people, 85 percent of respondents voiced support for the creation and preservation of affordable homes for all, while 77 percent welcomed the idea of bringing more affordable rental homes in their neighborhoods. Eighty-two percent favored increasing access to affordable homes for families earning low wages, while 84 percent backed policies that would promote affordable homes for certain moderate-income workers, including teachers, nurses and emergency service workers.

Furthermore, the issue of housing affordability was a personal concern for many of the survey respondents: 21 percent acknowledged that they were either unable to pay their rent or mortgage or were forced to reduce spending in order to cover housing costs, while 32 percent were worried that they will have to move within the next 12 months to find housing they can afford.

“It is unconscionable that hard-working families in America today are unable to pay bills or put food on the table and are constantly in fear of eviction and homelessness,” said Angela Boyd, managing director of Make Room. “Our political, philanthropic and business leaders must work together to end our nation’s housing affordability crisis by dedicating the resources it will take to solve this problem once and for all.” 

Jun 01, 2016
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021
Interfirst Mortgage Launches ONE, Backed By Non-Owner Occupied Properties

ONE is a unique product built on a single interest rate with no adjustments and qualifies off the cash flow of the rental property.

Industry News
Jul 16, 2021
Global Digital Lending Market Projected To Reach $27B By 2028

The Global Digital Lending Platform Market was valued at $7.14 billion in 2020 and is projected to reach $27.07 billion by 2028.

Analysis and Data
Jul 14, 2021
FOMC Discusses Raising Interest Rates

Inflationary pressures have finally forced the Federal Open Market Committee (FOMC) to discuss raising interest rates and tapering its bond-buying program.

Analysis and Data
Jul 14, 2021
Fathom Holdings Inc. Creates New Hispanic Division

Fathom Holdings Inc., a technology-driven real estate platform, announced the creation of their Hispanic Division to more adequately serve this fast-growing demographic. 

Industry News
Jul 07, 2021