Monday, May 1, 2017

Preserve and Prosper: 3 Affordable Housing Stories in the U.S.' Growing Cities

April 27, 2017                   By: Travis Gonzalez - Hunt Mortgage Group - Bisnow

The urban revival narrative sweeping America’s biggest cities comes with a caveat: the emigration of working class, low-income families.
A row of apartment buildings in the Bedford-Stuyvesant neighborhood of Brooklyn - Eli Duke/Flickr

The push for affordable housing, in neighborhoods offering equitable access to resources and amenities, has been contentious at best and muddled by a push to develop at market-rate and higher.

Excluding college-educated Millennials and young professionals, the U.S.’ low density suburbs grew 1.3% in 2016, according to FiveThirtyEight. Families are flocking to cheaper suburbs, unable to afford an urban lifestyle..
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