Finding affordable housing not impossible
Durin g the housing boom of 2001 through 2006, the prices of single-family homes and condominiums shot up to amazing levels. I remember wondering, once the median sales prices of existing homes raced past the $200,000 mark, how were most people in the United States going to afford a home?
One state gets aggressive with affordable housing
Last week, New Jersey governor Jon Corzine signed into law a requirement that every town in the state provide housing within its own boundaries for residents with low and moderate incomes.
Providing shelter for foster-care teens
Sometimes a real estate project makes so much sense, it makes you forget all the mortgage-fraud cases, foreclosure-rescue schemes and shady mortgage brokers. So it is with the efforts of an Oakland affordable-housing developer to provide 20 residential units at one of its apartment buildings to teens who have aged out of the foster-care system.
Making resort towns affordable
And you thought resort towns were only for the rich. Well, according to an Associated Press story, that’s no longer the case.





