Affordable housing

A new study shows that Miami's affordable housing crisis is so dire, the city needs at least 50,000 units just to meet the existing need.

Two nonprofits threatened by the effort say the Department of Housing and Urban Development tried to avoid scrutiny last month when it announced the new policy outside the formal rulemaking process.

Many young working people can't afford to buy their own homes and are looking for help from their parents, who in turn are getting squeezed financially.

Freddie Mac is now offering to buy a new form of manufactured housing loan with terms similar to that of conventional mortgages from all eligible lenders, following a test run last year.

New Orleans remains well short of hitting its affordable housing creation goals, six months after ending the worst year for affordable housing creation since officials agreed to set goals of creating 1,500 affordable units annually in 2015.

About 44% of Savannah, Ga., families cannot afford quality housing, according to city officials.

Along a stretch of South Los Angeles near the Expo light rail line, investment dollars are pouring in.

No state is worse than Nevada when it comes to the availability of affordable homes for extremely low-income people, according to the National Low Income Housing Coalition, which advocates for affordable housing.

The Trump administration is cracking down on national affordable housing programs because of concern over growing risk to the government's almost $1.3 trillion portfolio of federally insured mortgages.

Adolfo Marzol, who has served as an adviser to HUD Secretary Ben Carson, will now report to the new director of the Federal Housing Finance Agency.