Why Is Affordable Housing Important

Why Is Affordable Housing Important
Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local
government by a recognized housing affordability index. The New York City Housing Authority was created in 1935 to provide affordable housing for
New Yorkers with low and moderate income. TheNew York CityHousing Authority is one of the largest public housing authorities in North
America and are homes to 400,000 New Yorkers who reside across the City's five boroughs. The NYCHA provides homes to 1 in 14 New Yorkers who
provide services which are essential to our city, including those who are employed as teachers, police officers, and nurses. Being able to have affordable
housing is very important. Affordable ... Show more content on Helpwriting.net ...
Affordable housing is a key issue in New York City because affordable housing doesn't address the needs of lower and middle–income households. The
people who do need affordable housing don't qualify for it based on governmental standards and majority of the population aren't able to buy houses at
the market price. Affordable housing programs are an essential need to many hard–working New Yorkers. Affordable housing aids adults, children, and
seniors in feeling secure and stable and contributes to the mental and physical well–being of New Yorkers. Something I can do to aid in the fight for
affordable housing is spread the word about it and the issues surrounding it. By spreading information about affordable housing I'd be educating my
fellow New Yorkers on the housing crisis in our state. I'd also inform individuals who want to fix it how to do so through word of mouth, social
media, volunteering and maybe even fundraising. Everyone needs a place to live. Having a safe, decent, affordable home should be a right for all,
not a privilege for select few. We all need housing to be better and more affordable in this country, if it not for ourselves and our neighbors, then for our
economy and for generations to come. And there's no better time than
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Gentrification Is The Process Of Taking Distressed Inner...
Gentrification is the process of taking distressed inner city neighborhoods and upgrading them to be more attractive to upscale skilled workers, and
major corporations; where the neighborhood is converted to more affluent residential use. Studies profile most gentrifiers to be affluent, young, single,
urban professionals and young, married couples who are both wage earners and have no children or small families. Housing improvements, city
service upgrades and expansion of the local economy is often attributed to these gentrifiers. There are many New York City neighborhoods in recent
years that have gone through gentrification. Some of those neighborhoods include Williamsburg, Downtown Brooklyn and Harlem to name a few.
Gentrification can be positive for all involved if the government is able to employ successful provisions where the negatives turn into positives and
existing members of the community won't become unable to afford to continue to live in their residences due to rising housing costs and thus be forced
out to live elsewhere. Support mechanisms must be in place for the current community to be able to reside and blend into the newly redeveloped
community. "Critics often charge that gentrification constitutes a white "invasion" of poor black and Hispanic neighborhoods" (Levine, 2015).
Re–developed neighborhoods often lose significant numbers in the African American population while gaining an overwhelming increase of white
residents. In New York, the portion of

Housing And Community Preservation Committee
NORTHAMPTON HOUSING
NEEDS ASSESSMENT
Mary Clare Higgins, Mayor
Prepared by the Northampton Housing Partnership
Gordon Shaw, Chair
Lynne Wallace, Vice Chair
Martha Ackelsberg
Northampton Housing Needs
Assessment
1
Maureen Carney
Margaret Murray
Richard Abuza
Betsy Siersma
Technical support from Wayne Feiden, Director of Planning and
Development, Peg Keller, Housing and Community Development Senior
Planner, and Teri Anderson, Director of Community and Economic Dev.
Karen Sunnarborg, Consultant
Substantial component of a Strategic Housing Plan
Serves as a local resource/reference on wide range of housing issues including characteristics, trends, market conditions, resources and priority needs
Assists the Community Preservation Committee in ... Show more content on Helpwriting.net ...
Assessment
4 area median income with housing costs of no more than 30% of income.
Community housing: Affordable to households earning at or below 100% of area median income.
Workforce housing: Affordable to households earning between 80% and 120% of area median income
What housing is "affordable" in

Northampton?
Of the 12,282 year–round housing units, 1,452 units or
11.8% are currently included in the state's Subsidized
Housing Inventory (SHI). Also, 93 units are eligible for inclusion, bringing the percentage to 12.7% (10.9% without Hathaway Farms).
Planned development should push Northampton
Assessment
5 beyond 12%.
The number of affordable units needed will increase over time based on housing growth, projected to be almost 13,000 for the next census.
Expiring affordability restrictions threaten to eliminate some units from SHI in the future.
Level of Affordability –
Northampton and Neighbors
Level of Affordable Housing
11.10%
13.20%
11.80%
7.90%
0.08
0.1
0.12
0.14
Percent Affordable Housing
Assessment
6
6.70%
3.30%
0.00%
0
0.02
0.04
0.06
Amherst/1,016 Easthampton/471 Hadley/257 Hatfield/47 Narthampton/1,252 Westhampton/0 Williamsburg/83
Community/Number of Affordable Units
Percent Affordable Housing

Demographic Profile Population stability with small recent declines in population and slow future growth

Affordable Housing Policy Case Study
In the city of San Jose, California, the housing supply has shriveled due to overwhelming influx of new residents and prolonged construction of
housing developments. With the lacking supply of homes and more affluent residents moving to San Jose, landlords and developers of for–sale
properties have been inclined to raise the costs of housing. These times have caused families and individuals into circumstances such as to relocate to
more affordable areas outside of San Jose, such as Tracy and Hollister, creating inconveniences with a longer commute or even worse, homelessness.
The City of San Jose had identified the housing crisis and responded with an ordinance known as the inclusionary housing policy which requires
property developers, particularly... Show more content on Helpwriting.net ...
As independent developers, they feel they should have be able to fully focus on their business of producing market value housing to accommodate
incoming affluent residents due to the exponentiating job supply. The developers feel they should not have to waste the opportunity cost to build
affordable units due to the city's insufficient planning. Building retail space has been the more favorable option to San Jose through the years do to
how much taxes they can collect; "San Jose last year estimated that for every 1,000 square feet of single–family housing, the city budget takes a net
loss of $255 a year, compared with a gain of $1,064 for the same size commercial space"(intext). The CBIA basically believes that the city should carry
the burden of dealing with the affordable housing shortage as if it was a welfare program like

Housing Issues Of Affordable Housing
Affordable housing has become the paramount issue of cities and dense urban areas. San Francisco is the posterchild of an unaffordable city that
regardless of immense investment from blue chip firms like Google, Facebook, and their ilk of startups evaluated at $1 billion or more, policymakers
and elected officials must wrestle with the housing affordability crisis that is considered endogenous to swaths of homelessness and record statistics on
crime. In New York City, Mayor Bill de Blasio has made affordable housing the centerpiece of his legislation and championed the cause as a social
justice issue–neighborhoods must remain affordable to maintain diversity for all races, ethnicities, and low–income families. A small sample of 827
New Yorkers by the NY1–Baruch College City Poll found the main concern of respondents was affordable housing while crime, jobs, and
homelessness were peripheral problems (Cuza, 2016). The public discourse on how to address housing across the United States has pointed to negative
externalities that surround rent–regulation and homeownership. Conversely, for this essay I will present various cases in order to illustrate the housing
crunch is influenced less by housing and land regulations, or antagonistic homeowners but is induced by global market forces.
What is known about the dearth of inexpensive living spaces in high–cost, heavy populated areas is its scarcity is a function of supply. Demand
remains a non–issue for policy makers as demand has

Case Study: The City Of Santa Monica
In reflecting on the community, despite its obvious challenges with the homeless and low–income populations, the city of Santa Monica exhibits many
positive attributes. It is easy to travel within the city (both through public transportation, on bike or foot) and enjoy its many public facilities. Santa
Monica exudes an energetic and creative vibe, which attracts people from varied backgrounds. The community clearly works to address its issues
through multiple social programs and constant data collecting. While the Human Services Division and others have been proactive in working with the
populations needing the most assistance, Santa Monica must continue to respond to its homeless and low–income residents. Social workers working in
this

Essay on Affordable Housing Crisis
Affordable housing in the United States describes sheltering units with well–adjusted housing costs for those living on an average, median income. The
phrase usually implies to applied rental or purchaser housing within the financial means of lower–income ranges specific to the demographics of any
given area. However, affordable housing does not include those living in social housing owned by government and non–profit organizations. More
specifically, the targeted range for housing affordability sets below 30 percent of a household's annual income, including all applicable taxes, utility
costs and home owners insurance rates. If the mean income per household breaches the 30 percent mark, then the agreed status becomes labeled as ...
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Statistically, one out of seven families live in severe physical deficient housing. In fact, the housing and stock market revealed in July of 2009 that the
Great Recession further widened the gap and income disparity between the average, hard–working Americans and the top 1% of wealthy Americans.
Edward N. Wolff suggests that the average American produced a massive 36.1% drop in overall marketable assets while the top 1% of wealthy
Americans only lost 11.1%. This income gap disparity ensures that ever–increasing need for affordable housing as the economic crisis worsens.
Habitat for Humanity: Affordable Housing Statistics University of California, Santa Cruz: Who Rules America? Wealth, Income, and Power The Levy
Institute: Recent Trends in Household Wealth in theUnited States: Rising Debt and the Middle–Class Squeeze: an Update to 2007 Statistics University
of Kent State: Broadening Ownership of Productive Assets Lane Community College: Income Inequality University of Pennsylvania State: Housing
(Un)affordability in Philadelphia Federal Reserve Bank of St. Louis: An Alternative View of U.S. Income Inequality Multinational Monitor: Wealth and
Income Inequality in the United States Between the Rich and the Rest The New York

Essay Fight Against Gentrification
Like many urban areas, Austin, Texas has seen a monumental growth in housing and real estate prices as a result of gentrification. Areas that were
once affordable to lower income families such as the eastern part of the city were now steadily becoming unattainable for many, which in effect priced
people out to outlining suburbs of Round Rock and Pflugerville, a inconvenience to many who now had to make longer commutes into the city.
Therefore, as a result, some of its very own citizens decided to fight against this unequal system and attempt to make housing more affordable for local
residents through the creation of community owned land trusts. These trusts act as a nonprofit that acquires pieces of property or land with the sole
stated purpose ... Show more content on Helpwriting.net ...
Furthermore, it also represents a great compromised to those who advocate for it, because while communities might be facing the changes done by
it, there would still be parcels of land entrusted to community stewardship. Right now Austin is currently just doing single plots of land, but what if
other trusts invested in whole city blocks or neighborhoods? Such in areas like Detroit, where housing is affordable and in need of community
investment that will give back, whole areas could be possibly saved from losing their character and identity in the process. This is in a way,
responsible gentrification because individual communities themselves as well as their residents taking control of their communities and not outside
speculators. According of Melora Hiller the executive director of the Community Land Trust Network, other cities such as Baltimore, Maryland are
forming trusts to turn vacant homes for the homeless, so not only are these helping the alleviate the fears of lower income people they are also
helping to fight back against a social issues that have long been ignored. Therefore, this source was very informative for my paper, because it helped to
shape my part of my solution for gentrification, which is we need more individuals and communities to take

Affordable Housing For Elderly Or Disabled Persons Essay
Affordable housing for elderly or disabled persons The United States government provides housing assistance for the elderly or disabled with low
income statues through various programs in the form of rental assistance or affordable housing. However, most of these governments housing
assistance for the disabled or elderly persons are managed through the local public housing authorities (PHAs). Several other agencies providing the
same government benefits includes the local Department of Housing and Community Development, the individual State Housing Finance Agencies
and the Rural Development offices through the U.S Department of Agriculture (USDA). Additionally, some financial aid channeled toward the
housing assistance programs are retrieved from the U.S Department of Housing and Urban Development (HUD) as well as the USDA's Rural
Housing Services. Within this paper, several aspects of the housing policy for the disabled and the elderly persons will be delved into in brooder
details. One major characteristic of the government housing aid for the elderly persons is that they are overly subscribed with waiting lists that differ
in length. Currently, the government housing assistance accessible to elderly persons with low income status include: the Housing Choice Voucher
Program, the HOPE for elderly independence program, the Rural Housing Services Rental Assistance Program, Local Rental Assistance Programs and
the Section 202 Supportive Housing for the Elderly Program.

New York City Housing Development Case Study
In no other city in America is housing debated and pursued as aggressively as it is in New York. Thanks to visionary leaders, New York has a strong
history of innovative housing policy and finance like the Mitchell–Lama Housing Program and the Housing Development Corporation which was the
largest multi–family bond issuer in the country last year. Mayor de Blasio's bold and sweeping housing plan should be applauded; however, its
implementation will require heavy lifting from politicians, developers and citizens.
With 8.4 million residents across the five boroughs, New York City's population density is the highest of any major city in the United States. According
to the Department of Housing Preservation's Population Division, the City has more ... Show more content on Helpwriting.net ...
New York City is home to NYCHA, the largest public housing authority in the country. NYCHA provides housing for more than 400,000 New Yorkers
and administers Section 8 to another 235,000. NYCHA's housing stock which includes 334 public housing developments must be protected and
preserved so that we give future generations the chance to become the next Ursula Burns, Lloyd Blankfein or Sonia Sotomayor.
New York City's history ofaffordable housing policy and development is one of success and has been modeled and replicated around the country. But,
no good deed goes unpunished and those successes have an equally long history of unintended, or ill–intended, consequences. Previous administrations
built towards lofty numbers with a singular focus that had harsh consequences for everyday citizens forced out of their own communities. Last year,
land prices in East New York tripled on the announcement of impending up–zoning.
Building to a number is not enough. There is a balance between creating affordable units and mitigating the inherent impact that has on existing
neighborhoods. Development must be built within a community focused

The Effects Of Homelessness On The City
Introduction As the winter approaches we are forced to remember the severity of homelessness in the City. As of 2014, based on data provided by
the Coalition for the Homeless, there are 59,246 people sleeping in shelters. It costs the City $3,500 a month to house a homeless person, adding up
to $856 million a year. There are thousands more who sleep on the streets, but due to lack of data we are not sure of the exact number. Shelters only
provide a temporary solution; on average a person is allowed to stay in a shelter for a maximum of 180 days. How can that individual/family regain
their "self–sufficiency" in a city where the rent is amongst the highest in the country, and affordable housing is limited. Nearly half of all New York City
residents pay more than 30 percent of their income on housing. Median rents have risen 75 percent since 2000, at the same time, that median incomes
have declined, and between 1994 and 2012, the city lost 105,242 of rent regulated housing. To address this problem, and restore these people sense of
citizenship, we need a citywide reform of the housing system.
Since housing conditions vary significantly from state to state, it is important for state and localities to develop their own housing strategies. The two
basic components that affect housing in New york, which need to be addressed to reform the affordable housing system are 1) many families have
incomes that are too low to afford the costs to maintain a home 2) constraints on the

Housing Affordability Is A Growing Concern For Many...
Housing affordability has become a growing concern for many Australian citizens in the past decade. The median Australian house price has risen
substantially in the past ten years and has increased at a rate that has exceeded the median income. Between 2012 and 2014, the median house price
rose by $76,700, and income rose by $4113.20. Putting those numbers into perspective, the average income in 2014 rose by merely 2.3% in
comparison to house prices which rose by 9.23%. Australia's housing affordability crisis is further highlighted by the International Monetary Fund, who
stated, "Australia has the 3rd most expensive housing market on the planet". In addressing the issue currently, the Australian government has a
combination of policy and ... Show more content on Helpwriting.net ...
The Australian dream of home ownership is under threat, and currently, the nation is facing a serious long–term structural problem in relation to the
availability of affordable housing within the country. Figures from the Australian Bureau of Statistics revealed that since 1982, citizens aged
between 25 and 34, who are able to afford their own property have fallen from 56% in 1982 to 34% in 2011, a 30 year low. If this figure is not
damning enough, an Australian Bureau of Statistics Survey of Income and Housing revealed that between 1982 and 2011, the percentage of home
buyers that spent more than 30% of their gross income on housing costs, increased from 10% to 21%. This figure in itself demonstrates the problem of
rising house prices within the nation, especially when income is not growing at the same pace.
The growing problem of housing affordability has many serious long–term structural implications, and so, in order for any response to effective in
addressing the issue, it is important that the government understands the factors that have contributed to the lack of affordable housing in Australia,
both in the supply side and the demand side. Although there are several underlying reasons for the increasing house prices, the main catalysts behind
the skyrocketing property prices stem from the demand side of the issue. Australia's lack of affordable housing is a result of a rapidly growing

Gentrification of Housing Stress
As gentrification of housing stress continues, Local Government Areas (LGA) will lose lower income groups and assimilate into a predominance of
higher income groups, effectively homogenizing the population and decreasing diversity. This trend will drive the housing market price up, decrease
housing affordability and deter outsiders into joining the community. The existing housing units will experience financial hardships, housing stress, and
a gradual deprivation of a means to cope with increasing basic living costs. In order to combat this ongoing issue, speculative approaches by the City
have been in consideration.В¬В¬В¬В¬
The aim of the City of Sydney Affordable Rental Housing State Environmental Planning Policy Strategy (SEPP) is to protect existing affordable
housing and to facilitate В¬В¬В¬В¬В¬new affordable housing in the City of Sydney to provide for social, cultural, environmental and economic
sustainability. The key of this strategy is to increase the amount of affordable rental housing in the local area to very low, low and moderate income
households; protect existing stock of low cost rental accommodation; encourage a diverse range of housing in the local area; and work with other
inner Sydney councils to address affordable rental housing at a regional level. According to the SEPP, affordable housing is refers to housing that
does not take more than 30% of a very low, low or moderate household's income. It defines affordable housing as very low income household as

Essay on Foreclosure Crisis In America
It is evident that the housing deficit is just a layer of the many problems we are suffering from during the hard times in our economy. Foreclosure is
indeed a horrific word that is haunting homeowners across the US. Because of the situation in the current economy, millions of Americans have been
plagued by foreclosing on their homes and are left to find new location for themselves and their families to live. Recently in Detroit, with the efforts to
negate the current standings, they provided housing aid. According to the housing statistic, the housing aid drew crowds in Detroit. "One in four
working–age adults in Detroit are without a job and the city's home foreclosure rate continues to be among the nation's highest."... Show more content
on Helpwriting.net ...
The problem is there is inevitably a lack of housing, due to homelessness and influx of people. Without enough housing, the prices of the homes will
be very expensive; however, if there is not a balanced mix of luxury and affordable housing, those already living there will be forced to leave because
they will not be able to maintain taxes and other increases that will be tacked on to housing expenses. In order to make this process a bit more
feasible, New York created the "Inclusionary Zoning program." This program required "that developers set aside a certain percentage of units in a new
development as affordable units." The issue with this zoning ordinance is that although it was stated as a "requirement" the city kept it as a voluntary
process." With the ordinance being voluntary and developers with a capitalist mentality, many developers opted out of adhering to the ordinance.
Although the residents of New York may not be in the power broker or decision–making classification, many of its inhabitants have been there for
many years. Unless there are efforts to make this ordinance mandatory, there will be much opposition to keep new development out.
There is by no means a simple solution to solving the home foreclosure epidemic but there are many changes that can be made to help Americans
across the globe. The first, I believe starts

Affordable Housing Crisis Research Paper
An Overview of Affordability Housing Crisis in the US
This research paper intends to navigate its focus on a current social issue over the shortage of affordable housing in the United States. The
affordable housing becomes a concern for the society as there is a group of influential people raises their concern over the housing market to the
public. In an effort to generate public attention, Laura Kusisto who is a US housing and economic reporter claims that Americans are now on the
edge of next housing crisis in her column on The Wall Street Journal (2018). Her claim is supported by the statistic generated by the Federal Reserve
Bank of Kansas City on the rate of home construction per household as it was reaching a historical low in the past ... Show more content on
Helpwriting.net ...
The parallel finding suggests that there are nearly 19 million American households spend more than half of their income streams on housing in which
comprises for more than 40% of the rental community within the States (2017). Notwithstanding the fact that 30 percent of income is applied widely
as the "golden standard" measure of affordability, the study indicates that roughly half of the renting households are in fact spending more on housing
than they could afford (2017). Parallel findings have been reported in a Harvard study which indicates that the housing problem becomes more critical
in larger metropolitan areas such as San Francisco and New York, where only 25% of the residents can afford the housing (GSD News, 2017). The
study suggests that the housing problem in the States will continue to deteriorate attributing to the soaring demands from the millennial generation as
they are moving away from their parent's houses and in search for more personal spaces (2017). With that being said, Sarah Holder asserts that the
households who have low and medium income might be the groups most vulnerable to the housing affordability crisis as the cumulative shortage of
housing persist (2018). Her claim is built upon the annual report released by the National Low Income Housing Coalition which entails the fact that the
affordable housing program

America Needs Affordable Housing Essay
America Needs Affordable Housing
It is often easy to castigate large cities or third world countries as failures in the field of affordable housing, yet the crisis, like an invisible cancer,
manifests itself in many forms, plaguing both urban and suburban areas. Reformers have wrestled passionately with the issue for centuries, revealing
the severity of the situation in an attempt for change, while politicians have only responded with band aid solutions. Unfortunately, the housing crisis
easily fades from our memory, replaced by visions of homeless vets, or starving children. Metropolis magazine explains that "...though billions of
dollars are spent each year on housing and development programs worldwide, ? At least 1 billion people ... Show more content on Helpwriting.net ...
The housing crisis in New York Citydisguises itself well, hiding in the back of commercial zones or illegal tenements. Jacob Riis, a reformer at the
end of the last century, spoke through photographs of the City's poorest neighborhoods to impress the issue upon the world. His book, How the
Other Half Lives, was a cry to the public for affordable housing and livable conditions for the city's poor. Ironically, as an October 1996 New York
Times article points out, 100 years under the bridge has not created even a marginal move of progress. Contrary to the popular belief that hard work
and fair play yield access to the "American Dream,?the Times article depicts the conditions of the working poor, the "all but homeless?class that exists
day by day.
"The reality is that if you are poor in a fast, cold city like this, they don't care how you live so long as you are not out on the streets worrying
people,? 83 year old Maria Pagan told The Times. Mrs. Pagan lived for a decade in a Bushwick building that was crumbling around her ?the
landlord, the City of New York, only began making improvements when her bathroom ceiling collapsed. In comparison, Riis's description of his
photograph of Baxter Street in The New York Sun, "At 59 Baxter Street . . . is an alley. . . with tenements on either side ?so close as to almost shut
out the light of day.?
Working conditions in the late 19th

Saanich Case Study
District of Saanich is biggest municipality in Victoria. Saanich has mix of both urban and rural communities on southern Vancouver Island. Saanich has
parks, trails, recreation centres, numerous beaches and amenities that a beautiful municipality needs. As beautiful the Saanich can be, people of all age
in this community are facing housing affordability issue. We can study this issue by examining the history of Saanich and its local government
statistics. However, to address the problem in Saanich by building multifamily housing, and involvement of various organization, and other level of
government in municipal, provincial and federal level.
When looking at the history of Saanich, the District of Saanich is the largest municipality on Victoria ... Show more content on Helpwriting.net ...
The Community Planner presented an overview of Saanich's work on the subject of affordable housing and highlighting important points. The
"Affordable housing is defined by the CMHC (CANADA MORTGAGE AND HOUSING CORPORATION) as housing that costs less than 30% of
gross household income." Affordable housing supply for low to moderate–income households and is impacted by numerous factors such as Market
forces, High land costs, rising construction costs, years of lack of federal and provincial investment in housing, stagnant growth of incomes at lower
levels. Victoria has become the least affordable smaller housing market in Canada, and currently in Saanich, the median house price is $598,300, with
the median Saanich income as $66,200. According to data presented by community Planner, "twenty–eight percent of households pay more than 30%
of their household income on housing."
Furthermore, Saanich affordable housing initiatives include policy, housing fund, infill regulations, support for social housing and co–ops, financial
support for regional housing affordability, and strategic partnerships. Although Saanich's affordable housing policy is contained in the OCP and
practices align with the regional Housing Affordability Strategy, Saanich does not have significant houses that are affordable which is presented by the
fact that Victoria has become the least affordable smaller housing market in Canada after Toronto, and

Housing Is Categorized Under Basic Commodities
Housing is categorized under basic commodities. Despite the necessity associated with proper housing, families and individuals all over the world
continue to have trouble in affording proper housing facilities. Affordable housing refers to a kind of accommodation that is suitable for the needs of a
range of very low to medium income families. Affordable housing should be priced so that these households can be in a position to cater for their other
basic living costs such as food, medical care, clothing, education and transport. Housing is a combined product of land and buildings. Accommodation
bargain–basement relays to an individuals ' capability to pay for their housing at a given point in time. It is a multifarious issue brought about by labor
markets and local housing as well as larger macro–economic, environmental and social forces. As citizens in Australia continue to experience shortage
of affordable housing, economics continue to debate on the necessity of government intervention in the issue.
Housing affordability may result to stress in situations where people strain to meet the cost of simple yet suitable houses. Naturally, people are
supposed to spend a mere 20% of their income on housing. However, people in Australia spend more than 40 percent of their income on housing. This
means that people do not retain enough money to cater for other basic needs such as medical, food and clothing. The lack of affordable housing means
that people experience poor living

Affordable Housing For Low Income
Basic economics knowledge would tell you that this is a supply and demand issue and that all we need to do is increase the supply and the prices
will come down to an affordable equilibrium. But on the other hand, basic economics will also tell you that there are no shortages unless there is a
price ceiling in place which creates a high demand and a low supply due to lower than equilibrium prices. Which should mean that subsidization for
low income families should help alleviate the shortage for those groups or removing rent control measures. The issue of Los Angeles's shortages in
affordable housing, at face value, then seems like a no brainer. Unfortunately, these two economic solutions, like most economic solutions, cannot solve
this ... Show more content on Helpwriting.net ...
One way the legislators tried to remedy the problem of affordable housing was by setting a price ceiling via rent control. According to a LA daily
news article, the Rent Stabilization Ordinance (RSO) was enacted in Los Angeles in 1978 and applies to properties built on or before 1978. Shortly
after its implementation, in 1981, the city paid the RAND Corporation to study the impact of rent control on the housing market. "In the long run,"
the findings warned, "it may create the very housing shortage it was designed to alleviate." And in many ways, they were rights. RSO can create a
reluctance on the part of owners to build new apartments out of fear that rent control laws will be extended. It can also create a tendency of owners to
defer repairs and renovations because of the potential for limited return on their investments. RSO can also have a job–killing effect too, because if
landlords aren 't hiring as many carpenters, painters, electricians, plumbers, roofers and landscapers the demand for those jobs also decreases. Rent
control ordinances are associated with lower growth rates in the supply of rental housing and with higher rental price growth in the broader market.
Research done by Beacon Economics found that rent control decreased the supply of rental housing because investors might fear that new rental units
will eventually be covered under future rent control ordinances, given that there is already a policy in place.
In the

Cape Cod 's Housing Crisis
Karen Minster
Rebecca Medley
ENG–123
June 14, 2015
Cape Cod's Housing Crisis
Cape Cod is plagued by an economic dilemma: young people, especially young families can not afford to live here. From 2000 to 2010, Cape Cod
experienced an exodus of 27% of those between the ages of 25 and 44. One of the major factors in this outmigration is the lack of affordable housing.
Affordable housing is defined as a specific, measurable ratio of income–to– housing expense. They are homes made available specifically to individuals
and families whose income is at or below 80% of the median income for the area, as established by the Office of Housing and Urban Development,
and where the housing costs for those homes are less that 30% of the household's gross ... Show more content on Helpwriting.net ...
The development of affordable housing results in immediate and long term economic benefits by increasing government and discretionary spending in
the local community. The spending increase occurs in several stages: the immediate effects of the actual construction, the secondary effects of
housing–cost relief on overburdened families, and the long term effects of increased government spending in the region.
In the first stage, the construction of new buildings results in new construction jobs. For example, building 100 LIHTC for families leads to creation
of 80 construction related jobs and 42 jobs based on the indirect increased spending (Wardrip.) In addition to construction jobs created, these employees
encourage the local economy simply through their presence, buying lunch near the job site, getting gas, getting coffee, etc. Local businesses may feel
the need to increase their own number of employees to help serve the new customer base, which in turn leads to additional increased spending in the
area.
The secondary economic effects of affordable housing opportunities are felt primarily by those who receive the housing. In 2006, over 50% of
Massachusetts renters were housing–cost burdened, paying more

Summary Of ' D Evelopment Of Ho ' Opili
D evelopment of Ho'opili
When I drive by a new house being advertised for a sale or search for homes on Zillow, I can't help but to wonder about the day I get to buy my own
home. But, then I look at the price, and suddenly that dream just crash and burns. In Hawaii you have to make a fortune just to live comfortably
here. With the high cost of living, it doesn't make able to own a home easier. Many locals on the islands are looking else where to buy homes
because it's just that hard. But there could be a solution to that problem, simply to use our land to build more homes. Ho'opili a new city that will be
built on farmlands on the Ewa plains will offer more reasonable prices for homes and more businesses. The development of Ho'opili will better the
economy and provide affordable housing for Hawaii residents.
Why is Ho'opili beneficial to our economy you might think? Ho'opili will be a new city that will consist of affordable housing to Hawaii's residents.
Here on the islands we are suffering from high cost of living and an even higher housing market. On USA Today's Most Expensive states to live in,
Hawaii ranks number one in the cost of living index and Housing index. To be able to live comfortably in Hawaii you would have to make about
$122,000 a year. The average home value in Hawaii is around $520,000, and that's about $420 per square foot. So you will have to pay a hefty price to
even afford a home here in paradise. Here in Hawaii, a lot of people chose to rent

Papers On Homelessness
"Homeless is more than being without a home. It is tied into education needs, food, security; health issues both mental and physical, employment
issues, etc. Don't forget the whole picture." ("Boxed In" 2005 pg. 108)
Throughout my research I found there is a real cry out for action on providing more affordable house not just locally but throughout the country. There
needs to be more funding available to build more gear to income or subsidized housing and all levels of government need to take action.
Homelessness has different meanings to different people; someone who has never been homeless might think homelessness is a person who lives on
the street, in a tent or in a box. Many people don't realize that there are a number of ... Show more content on Helpwriting.net ...
Many of us take for granted having adequate housing, health care, food and clothing while others are forced to do without.
There are many people that are at risk of becoming homeless and some of the risks are; people with mental health issues, women leaving domestic
violence, loss of income, addictions and death of person who was helping to financially support them.
Families require stabilized housing that is affordable, safe and maintained. If they don't have stabile housing they are moving more often and this can
effect the children's education when being moved from school to school. The parents are unable to focus on the other areas of their lives when they are
unable to find decent housing.
As a result of the housing boom from 2005 to 2008 this had caused prices of houses to increase around 30% within that time and I don't think that
employment incomes went up that amount. This has caused hardship in many people's lives that have overextended themselves as well as made
themselves house poor. With house prices rising up, it has made it difficult for people to be able to find affordable adequate housing to rent or to
purchase. This has caused investment properties to increase in price which has also affected the

Social Housing Sociology
1Introduction and Context of Study
1.1INTRODUCTION
This study will assess the ability of the Private Rented Sector (PRS) taking on the responsibility of housing homeless people especially families, as the
number of homeless families in the UK is on an increase.
In a newspaper article by The Guardian, June 2015 states official data published by the Department for Communities and Local Government (DCLG),
which revealed that there are 48,880 families in England living in temporary accommodation, which is an increase of 25% in the last 5 years and a
13% increase in the last year alone and among these families there are 93,320 children. Approximately 44% of families in temporary accommodation
are led by single mothers while, 24% are couples ... Show more content on Helpwriting.net ...
This can be due to a number of reasons such as a rising demand for homes in the private sector. Social housing is available for anyone who wishes to
start a tenancy in that sector, however in most parts of the country there are insufficient houses in the SRS for everyone who might want one.
Therefore, social housing providers will identify and issue criteria that will determine which household can gain access to social housing (Chartered
Housing Institute, 2010). Using the allocation process, social housing in England have a role in providing accommodation for the most vulnerable in
society e.g. homeless people, single parents people with low income etc. (Chartered Housing Institute, 2010). This allocation process can however be
seen as strict, and many people who don't fall in to this category cannot access social housing, and thus the PRS in increasing being used by local
authorities and agencies to house homeless

Policy Alternatives for Affordable Housing Essay
Selection of The Criteria Criterion 1: Economic Feasibility Purpose of this criterion is to answer the question, Does the whole benefit and savings of
implementation of this alternative outweigh the other costs of implementing it? Alternatives also will be measured for its cost to New Zealand in terms
of staff and program resources. An optimum program would require minimized use of these resources. Minimum budget required is being the most
desirable outcome under this criterion. Criterion 2:Political acceptability The purpose of this criterion is simple, Somewhat this alternative realistically
be applied? In this case the defining factor is whether the people and entities involved would support the proposed alternatives. It is... Show more
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Table 1.1 Weighting of Criteria CriterionWeighting Economic Feasibility.35 Political Acceptability.40 Administrative Feasibility.25 Since alternative
policy options, our criteria and weighing are projected, it is possible for us to analyze alternatives against criteria. Before employing the outcome
matrix for this, following rating system will be used: very weak, weak, moderate, strong, and very strong. Summary of this matrix will be given on both
qualitative and quantitative form. Table 1.2 Qualitative Criteria Outcome Matrix The following matrix summarizes the results described above.
ALTERNATIVES "Alternative 1: Status Quo""Alternative 2: Modest Houses for First–time buyers""Alternative 3: International Example of Social
Housing""Alternative 4: Mortgage for Low Income Families""Alternative 5: Funding for Maori Housing" CRITERIA"Criterion 1: Economic
Feasibility"Very Strong: no changes in costModerate: Could minimize the cost if supplements are held backWeak: high travel costs and consent
feesStrong: bring the overall housing budget in long–termWeak: costly to implement unless private sector involved "Criterion 2: Political
Acceptance"Very Weak: Support level varyVery Strong: Could be reached with a coalitionModerate: successfully adapted in other countries Strong:
greater acceptance between partiesStrong: Could be discussed openly and accepted "Criterion 3:

City and Gentrification Introduction Essays
Gentrification
Introduction Beginning in the 1960s, middle and upper class populations began moving out of the suburbs and back into urban areas. At first, this
revitalization of urban areas was "treated as a В‘back to the city' movement of suburbanites, but recent research has shown it to be a much more
complicated phenomenon" (Schwirian 96). This phenomenon was coined "gentrification" by researcher Ruth Glass in 1964 to describe the residential
movement of middle–class people into low–income areas of London (Zukin 131). More specifically, gentrification is the renovation of previously poor
urban dwellings, typically into condominiums, aimed at upper and middle class professionals. Since the 1960s, gentrification has appeared in ... Show
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Due to the growing demand for housing, CDCs must compete with market rate developers when acquiring properties (Alejandrino 28). Because of this
competition, the cost of developing affordable housing is driven up, and this makes it harder for the CDCs to complete their function as aids for people
in the community.
Another effect is that service providers' clientele and staff leave the gentrified area in search of affordable housing. For example, in San Francisco,
many low–income constituents have left the gentrified area known as the Mission. In response to their migrating client base, service providers have
begun to establish offices elsewhere. In addition, non–profit organizations often cannot pay employees enough income to live in the gentrified area
because of the price increase (Alejandrino 28). So as a result, many long–time employees are leaving non–profits in the gentrified area, which is
definitely hurting these businesses.
Yet another effect of gentrification is its effect on senior citizens. Seniors often live in the same unit for many years. As a result, rent control has kept
their rents well below market rate, and landlords stand to gain the most from evicting them. For example, in the Mission District of San Francisco,
many seniors live on a fixed income, and cannot afford market rate rents once they are evicted. "They lack mobility, and have difficulty

Low Income Housing Development Essay
When real–estate development focuses on implementing sustainable low–income housing projects that help address the economic and social needs of
society, it has invested in a long term and in demand project. When one thinks of low–income housing, one tends to think of section 8 and
automatically invasions crime, unsanitary living conditions, and an overcrowded and loud environment. Why is this the natural assumption and vision
one gets? The answer is because for many years low–income housing has brought forth residents with high stress and desperate character. Communities
with higher morale and fatter wallets reject the opportunity for low–income families to live amongst there neighborhood, forcing low–income
development to be consistently established in the less desirable and high crime rate areas. What if we could hide/blend low–income housing amongst a
desirable neighborhood with new construction and more energy efficient designing? By developing a project for new construction that is open to the
general public and is also available for state assisted families who meet low income needs, we can design an aesthetically pleasing community
residents of any class will be willing to live in.... Show more content on Helpwriting.net ...
Sustainable engineered housing allows for water–conserving and energy efficient technology in buildings. As a result of having a more energy efficient
residence and building, residents, especially low–income residents are able to save on the cost of their utilities. Compared to how much a low–income
family may be paying for utilities in a traditionally built residence with high energy using appliances, this new go–green way of living alone can help
put less demands on the work–force by allowing families to spend less money each month on

Examples Of Affordable Housing Problems In Vancouver
Affordable housing problem in Vancouver
Context
Vancouver is a major city in the province of British Columbia, Canada. The housing crisis has plagued its residents, governments, organisations, and the
community as a whole. The issues faced by the city of Vancouver is not about having enough houses to accommodate residents, but primarily around
affordability. Around twenty percent of Canadian renters face a housing crisis, spending more than half their income on shelter costs (McMahon,
2015). In 2010, different groups such as lone–parent households with children, couple parent households with children, senior–led households, and
singles living alone spent 50–99% of their income on housing costs in Vancouver(City of Vancouver Housing Characteristics... Show more content on
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Canada's affordable housing policy has supported Canadians in homeownership since the 1950s (Canadian Electronic Library [CEL] & Canadian
Housing and Renewal Association [CHRA], 2009). A series of social housing programs, subsidies were introduced and funded by government
agencies. The responsibilities of the program was shared between distinct levels of government, federal, provincial, and municipal (CEL & CHRA,
2009). This collaboration was done at a nation–wide level to promote affordable housing among communities. According to CEL and CHRA (2009),
the status of funds towards affordable housing became uncertain as agreements between governments were set to expire (p. 2). So the government
agencies exhausted their resources while tackling the ever rising need for affordable

Affordable Home Building
Research Question: Why are brand new homes being built but not affordable? Introduction: My family was never the richest, always looking for
help in many different ways. A struggle was my mom trying to take care of three children all on her own, ensuring there was a roof over our heads,
food in our stomach and clothes on our backs. We have moved many times since I was about four years old, but never did I think about how hard it
was to find a new home each time. Although my mother was able to get section 8 (which can be considered as the Housing Choice Voucher which is
money given to low income families to help pay the rent), it is still very tough to find a home which the voucher covers. ... Show more content on
Helpwriting.net ...
Currently Boston has about 28,400 low–income households who need a home that is affordable to their income. Therefore in thirteen years they hope
to have at least 38,200 units of affordable housing. Dees Stribling says "For Boston, the CPA would generate an estimated $20M in revenue a year
that would go toward affordable housing." We have to be able to get families out of danger and into safety by getting them into their own homes but the
sooner the better.
Solvency: To make this work we need to start raising money because money of course does not grow on trees. There can be big Boston events held
to raise money, such as marathons, festivals and more, which can not only help the community come together but also earn the money to build
homes that are affordable. I believe that Boston will be willing to do this because we are Boston strong and like we come together for the worst we
can also come together for the best. Also raising taxes would help because part of it can go towards building these

The Lack Of Affordable Housing
The lack of affordable housing in the United States is a problem that doesn 't receive nearly the attention that it necessitates. This absence of affordable
housing became especially prevalent following World War II when suburbanization spread across the country like wildfire. Although the sheer number
of homes increased, Jim Crow segregation influenced housing policy, meaning that white institutions prevented blacks from obtaining the mortgages
needed to afford such homes. Therefore, rather than accept subprime loans, which often result in foreclosure, many black people have been
pigeonholed into paying exorbitant rates for dilapidated rental properties located in inner–cities, thereby creating the affordable housing problem.
Although the situation seems bleak, with careful planning and execution, we can solve the affordable housing problem. Specifically, my proposal
involves the following two components: the government must first revise and draft three forms of legislation that create strict yet concise standards
that landlords must follow, and then allocate federal funding to health and wellness programs within poor communities. By examining the contributing
societal factors to the lack of affordable housing in Milwaukee, Wisconsin, and then implementing the proposal mentioned above, one could potentially
solve the affordable housing problem there and transpose the plan to other impoverished cities across the country.
Landlords in Milwaukee are cognizant of the

Micro Suites As A Solution To Vancouverв
Ђ™S Housing Problem.
Micro Suites as a Solution to Vancouver's Housing Problem Bienvenue Г Vancouver, where people meet unrealistic housing and living costs. It is no
secret that Vancouver's housing issue is blowing out of proportion due to the demand for more affordable housing units. "The problem is not a question
of production, but the type of housing that is being supplied" (Gold, 2016). However, this would take a great deal of time and nationwide discussion
amongst lawmakers and the government to solve. While the nation is busy talking about the housing problem of Vancouver, some developers and
innovators propose to adopt the idea of micro suites to help solve the issue. Micro suites, micro apartments, micro units, micro housing or micro living
all fall ... Show more content on Helpwriting.net ...
This may be a reflection of how designers have shaped spaces to meet how people nowadays live. According to the City of Vancouver's zoning and
development by–law, no more than one person shall occupy a micro dwelling and it must have a floor area of at least 29.7 sq. m. or 319.69 sq. ft.
Because of these numbers mandated by the City of Vancouver, Vancouverites are not expected to be experiencing to live in smaller conditions.
However, places like Japan, Hong Kong, New York and San Francisco have micro dwelling units smaller than 320 sq. ft, which shows that there
are people who are willing to live the micro life and make the community around them into their extended space. According to Sam Baron, 29, who
has lived in a 248 sq. ft. space for two years, states that the space was comfortable, functional, and allowed him central access between his work and
school (Bellett, 2015). However, some studies show that there are dangers in living in a confined space and how micro living is really not for
everyone. Developers, in theory, design and build these homes to market to the single young professionals who spend most of their day outside of
their homes. "This is assuming a sort of stress–free, constantly healthy young person. Someone who loses their job or is ill, or breaks up with their
girlfriend, or whatever might find this situation confining and depressing" (Proctor,

Levittown Experiment Essay
Levittown Experiment
Levittown project was taken up in the U.S. after the end of Second World War, with the aim of providing mass housing facilities to people in the wake
of increasing urbanization and problems of accommodating large population in limited urban area (Friedman. 1995). The first of Levittown apartments
were constructed on Long Island, New York and they symbolized the modern trends of urbanization and housing developments (Clapson. 2003). This
paper shall study the impact of Levittown project on trends of further urbanization and analyze the aesthetics of design and development involved in it.
American urban housing system was not in a very good state at the end of Second World War. Hundreds of thousands... Show more content on
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2003). Abraham Levitt, a prominent builder, understood the importance of providing housing to people of every income range and he responded to the
situation by constructing rows of identical four room apartments at Long Island, New York, that were offered to veteran war soldiers for only $60 a
month (Jackson. 1985; Clapson. 2003). Levittown, the mass housing facility designed and constructed by Levitts, was vehemently criticized by
architects for producing homogenous and suffocating environment and being antithetical to lofted architectural principles (Jackson. 1985). But the
critics ignored the fact that, Levitt could not incorporate the lofty and stylist architectural designs that were hallmark of most of Victorian style villas
and bungalows and yet produce houses on mass scale, in quick time and provide them for sale at most affordable prices. His aim was to construct the
best houses at least cost to provide most economical housing. The fact was that Levitt had successfully fulfilled the demands and dreams of many
Americans of owning their own house. To fully appreciate the significance of Levittown, it must be seen in context of the great housing

Affordable Housing Research Paper
The Positive Impacts of Affordable Housing in a Community
What is affordable housing? Well affordable housing is housing that is affordable for those who have little to no income. The researcher who chose this
topic wanted to inform the readers of the positive outcomes that come out of affordable housing and how it could impact you. Furthermore, this subject
also goes more in depth, so you could understand what's going on in your community. While it may hurt the community, people should consider for all
the positive outcomes of affordable housing such as education, health increases, it is good economically.
People who have considered affordable housing tend to know or see the struggle of those around them. In the New York Times newspaper

Homelessness Is A Major Topic Affecting The United States...
AbstractHomelessness is a major topic affecting the United States and other parts of the world; it is a very complex issue that affects the community
from an economic and a social perspective (Clapham). This paper will focus on how urbanization has played a role in the homeless population and
homelessness in general; we will also look at the recent reports that homelessness is on a slight decline. We will propose ideas on what we can do to
affect homelessness as well. Defining what exactly it is to be homeless and the difference between homelessness and homeless was very difficult to
do as numerous sources gave very difference responses with categories and subcategories. National statistical series contain title to no information on
the homeless; the census essentially only takes into consideration those with homes. Based on prior research primarily conducted by Peter H. Rossi
and James D. Wright along with several other sources, we are able to propose several ideas to help reduce the amount of homelessness in the United
States and other countries along with more empirical data.
A lack of affordable housing has resulted in an inability to obtain adequate, appropriate, and affordable housing; urban renewal applied federal funds
to remove blighted areas. Many people live from paycheck to paycheck just to put a roof over their head and are one paycheck away from having no
place to live. Huge expanses of houses were removed. Simply put, the housing need has thus been an

How Does Housing Affordability
2.1 Theoretical Literature concept of Housing Affordability
Yates, 2006, notes that other expenditure outcomes can also be reduse by housing affordability. Housing consume a high proportion of household
expenditure, the trade–offs households are required to make in order to meet their housing needs may mean they have inadequate resources to meet
their non–housing needs (Yates, 2006).Specifically, the low income families devoting a large share of their income to housing, often make sacrifices to
meet their housing costs, such as going without food, or children missing out on
2.1.1 Emperical Literature
According to Yewoinshet (2007), the housing development program has faced many challenges and many failures.For e.g. the projected cost of housing
... Show more content on Helpwriting.net ...
Putting these three life modes into a house/home, or affordable housing perspective, one could relate them as follows:–
The first mode is self–employed where means of production are owned and included within the house.Therefore, the house serving as both living and
working place, and no separation between working time and space time.
The second mode is wage–earner, where the house is either regarded as a primary place serving for recreational purpose, or as a place where important
spare–time activities are undertaken. The third mode is career oriented, where ideally the house reflect the personal progress in order to reflect
position, social status, and past and recent experiences.
Affordable housing and housing affordability have become the dominant and debated issues in the housing policy arena all over the world for the last
two decades and the term 'housing needs' has been replaced by 'housing affordability' and has occupied the center of the debate on the provision of
adequate housing for all (Quigley, 2004; Swartz and Miller, 2002; Whitehead, 1991).
However, there is no precise or universal definition of

What Are The Positive Impact Of Affordable Housing
The Positive Impacts of Affordable Housing in a Community According to The Economic Times, affordable housing is defined as housing units that
are occupied by a person whose income is below the median of household income. The purpose of researching this topic is to inform readers of the
positive outcomes which stem from affordable housing in communities and also to give examples of the life changing impacts affordable housing has
on families. Through analysis and observation, a person may become more aware of what is going on in their neighborhood. A community should
consider affordable housing for positive outcomes such as education, good health increases, and economic growth.
A person may ask, how does Affordable Housing affect health? The answer could be that they are directly tied together. In fact affordable housing
can reduce exposure to disease, which lead to a decrease in physical and mental health issues. Some people may argue that affordable housing has
nothing to do with health. Health has a fair amount to do with affordable housing. It is common knowledge, nationwide, that if a person doesn't have
a home, he or she is more likely to neglect treating illnesses such as high blood pressure, diabetes, and cancer. Which lead to drug abuse and
alcoholism. It is common knowledge, nationwide, that if a person doesn't have a home, he or she is more likely to neglect treating illnesses such as
high blood pressure, diabetes, and cancer. Therefore, by providing

Is there Affordable Housing?
Society often falsely associates luxurious cities and poverty ridden countries as failures of affordable housing. Contrary to this belief, affordable
housing has manifested itself in numerous forms. Spreading itself across world property markets from The United States and Canada to The United
Kingdom, this trend has inflated house values and led to numerous consequences. Auckland is proving itself to be a notorious example of the
affordable housing social problem. Upon examination of the change in average residential sale prices in the Auckland region the social problem of
affordable housing becomes evident – house prices have increased by 43.4%, from $487,034 to $699,659 over the last five years in the Auckland
region alone (April 2009 – April 2014). There is no sign of this trend slumping. (QV, 2014). When these figures are placed in comparison with data
gathered from the 2013 census, the severity of the problem comes to light – the number of people who have not moved from 2008–2013 has increased
by 41% since 2006, 56% of home owners have a mortgage (AMNZ, 2013), there has been an increase in people renting with an estimated 56,000
more rentals units needed over the next decade (The New Zealand Herald, 2007) and the average age for the first home buyer has now risen to 36
years (Affordable Housing New Zealand Ltd). Ultimately this affordable housing trend, in mix with comparatively minor factors, such as construction
costs, housing shortages, and rouge mortgage lending

Research Paper On Affordable Housing
I think that affordable housing is a good opportunity for families of low income to have a good place to live. In The United States housing is very
expensive and the inner–ring suburbs do not have enough good properties. If you drive around Cleveland and the inner–suburbs you can notice how
bad the condition of housing is. It is alarming to see that people live on those kind of houses. I think that creating affordable housing for minorities and
poor people might help to motivate them to have a better status because they would have to find a job or work harder to pay for a good place to
live. I am not sure if this will create a racial segregation but at least it will help those people to have a better life quality. On the other hand, I am
completely

Home Depot's Social Responsibility Approach
Home Depot is the world's largest home improvement retailer operating in 45 states, Canada, Chili and Puerto Rico. Home Depot stores aim to serve
both do–it–yourselfers and professional contractors with home improvement superstores carrying between 40,000 and 50,000 different products. Home
Depot has also been listed as one of Fortune's most admired specialty retailers for the past six years. In order for companies to succeed in the
competitive current marketplace they must consider not only the bottom line and their investors but also their impacts on the community, their
employees, and their customers. Home Depot was founded on the idea that treating employees well is an important responsibility. Home Depot believes
employees that are ... Show more content on Helpwriting.net ...
Disaster Relief and Preparedness
When disaster strikes, The Home Depot is among the first organizations on the scene to ensure its customers have the supplies, resources and support
they need to rebuild their homes and communities.
Last year's destruction in the Gulf reinforced the importance of disaster preparedness. The Home Depot's dedication to providing customers with the
tools they need to minimize the loss of personal items during such devastating events remains a staple in the company's long–standing tradition of
safety and preparedness.
The Home Depot takes an integrated approach to its disaster relief efforts through ongoing support of local and national non–profit partners and the
mobilization of the Team Depot associate volunteers. In 2005, The Home Depot partnered with organizations such as The Home Depot Foundation,
American Red Cross, Salvation Army, Hands On Network, United Way and other community leaders to donate more than $11 million to the long
–term
recovery and rebuilding of the Gulf region.
Through its associate led and managed volunteer force, Team Depot, the company invested $1.7 million in volunteer activation and management in the
Gulf. As an example, in Pass Christian, Miss., The Home Depot engaged more than 500 volunteers to build the community's first permanent structure
completed after

Housing Crisis : A Case Study Of Affordable Housing Program
Housing Boom and Government Regulation in China
– A Case Study of Affordable Housing Program in Changzhou
The right to an adequate standard of living is recognized as a human right in international human rights instruments. To make sure every citizen has a
decent place to live is one of the basic goals for every government. China 's rise to be crowned as the world 's second–largest economy today is the
latest milestone in a boom that has been running almost constantly since the country began the long process of embracing free–market principles more
than 30 years ago.
Housing Boom
In the past 10 years, China's residential real estate sector plays an important role in the economy and has been a key driver of growth. At the same time,
a $580–billion stimulus package in 2008 helped China prevent a sharp slowdown in economic growth. This action has been considered timely and
effective by most observers. However, there also have been concerns that banks loosened their lending standards too much as a result of the huge
stimulus, among other factors. This led to excessive lending to individual home purchasers and rapidly rising housing prices that, in turn, may
eventually lead to an increase in nonperforming loans at financial institutions should those prices collapse.
Meanwhile, the real estate price in China is really high and unaffordable especially for people live in cities.
Government Policy
The development of housing markets in mainland China is a relatively new

Why Is Affordable Housing Important

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