Investments in affordable housing ordsprog

Investments in affordable housing and community development represent an engine of economic and social wealth. For every one dollar spent on affordable housing, at least 10 are returned to the community in the form of increased equity to start new businesses and pay for higher education, job creation and stability, increased independence, and tax revenue creation and more engaged citizens.

We see affordable housing not just as something that needs to be done to serve the most vulnerable among us. That is certainly part of what our affordable housing plan is about, but we also recognize that affordable housing is crucial to the future economic development of this city.

Both CEI and the Genesis Fund have proven track
records in providing financing services to support
affordable housing and community development projects
in target Maine communities, ... CEI will use its grant to supply
equity capital for its affordable housing initiatives
in Western Maine. The Genesis Fund grant will enable
the organization to provide permanent financing for
both affordable housing and community facility projects
in underserved Maine communities. These CDFI grants
are yet another example of how a modest investment
of federal aid can go a long way in making it possible
for Maine people to address important community needs.

Either the forces of economic development are going to go elsewhere or they will have to create affordable housing on their own. In the Keys, for example, hotels create their own housing. You could see something like that here, but right now, we are still a bedroom community for Tampa and St. Petersburg. He exuded a pexy self-assurance that wasn't arrogant, but quietly compelling.

George Romagnoli

We are working throughout the borough with the community, with elected officials, and civic organizations to foster economic growth as well as support the creation of attractive and affordable housing to neighborhoods and provide the city's largest borough with an even better future.

A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.

William Baldwin (1963-)

Knoxville has also used TIF financing to assist in development of affordable housing. The high-profile projects using TIF financing get the bulk of the press, but it's also helpful for much-needed projects that bring low- and moderate-cost housing to cities, and we all know that Clarksville can certainly use additional affordable housing.

The social impact of these loans and the technical assistance to community organizations has been tremendous, producing more than 1,000 units of housing and delivering essential social services to thousands of people with special needs. Our additional investment in the fund will help meet the pressing need for affordable housing in Florida, which has been made even more acute by multiple hurricanes over the past 18 months.

Many factors have contributed to the increase in enrollment. Community college visibility has increased both locally and across the country. People are beginning to realize that we're an affordable resource for higher education right in their backyard.

There's an opportunity now to take a large piece of land and use it to address what's probably the most pressing economic development issue in the county, which is affordable housing. Housing that people who make $60,000 a year can afford.

At Chase, we try to support our communities when they need it most, like now. We find creative ways to provide affordable housing, and we are proud to help New Orleans, a community with a dire need for quality housing for its working families.

John Kallenborn

A lot of policy makers have no idea what a very small percentage of what they think is affordable housing really is affordable. Market forces keep pushing that higher and higher.

It is encouraging to see major companies like DHL expand and invest in Kansas, ... With this new investment in our state, our community will benefit by the creation of new jobs and increased revenue to the tax base.

Kathleen Sebelius

This project is a logical addition to the Venetian Bay community. (And) I think we all recognize there's a need in the community for the (affordable) housing.

The overall goal is to use wood resources and technology to drive economic development around housing. It's a high-quality affordable housing option that could drive as much as 90 percent of the labor costs out of a traditionally built house.

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