Cities Seek Partnerships for Affordable Housing Projects

We may be experiencing a building boom but it is not producing affordable housing…and that’s what municipal leaders desperately need.

The lack of affordable housing has become a national problem. The Urban Institute reports that for every 100 low-income American households seeking affordable apartments, fewer than 30 units are available. And the National Apartment Association reports 4.6 million new units will be needed by 2030.  City leaders need homes near the heart of the city for people who are employed by law enforcement, fire departments, emergency response units, school districts and healthcare facilities… and in most urban areas, affordable homes simply don’t exist.