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Construction of two affordable housing units has been completed. Developers and the city of Gastonia will now host open houses. Gastonia to host open house for affordable housing units in Highland ...
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New York City has a shortage of affordable housing resulting in overcrowding and homelessness. New York City attracts thousands of new residents each year and housing prices continue to climb. Finding affordable housing affects a large portion of the city's population including low-income, moderate-income, and even median income families. [62]
Permanent, federally funded housing came into being in the United States as a part of Franklin Roosevelt's New Deal. Title II, Section 202 of the National Industrial Recovery Act, passed June 16, 1933, directed the Public Works Administration (PWA) to develop a program for the "construction, reconstruction, alteration, or repair under public regulation or control of low-cost housing and slum ...
However, rising housing costs are creating an even larger gap between affordable and market rate units, especially in expensive housing markets like New York. [ 8 ] There has been criticism of the 80/20 program with some New York residents claiming that 80/20 housing has resulted in higher rents and gentrification .
In Alexander County, 17% of households struggle with housing costs, with renters accounting for 33% and homeowners 14%, according to a North Carolina Housing report.