Publications Tagged ‘affordable housing’
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Data Brief
Quarterly Housing Update 2011: 3rd Quarter
In an analysis of third quarter housing indicators, The Furman Center finds that home sales volume remained low in the third quarter of 2011, with the number of properties sold citywide four percent lower than the number sold in the third quarter of 2010. Property values are also lagging in most of the city. Manhattan is the only borough where properties have appreciated in price over the last year. The Quarterly Housing Update is unique among New York City housing reports because it incorporates sales data, residential development indicators, and foreclosures. It also presents a repeat sales index for each borough to capture price appreciation while controlling for housing quality.
The Furman Center for Real Estate and Urban Policy. November 2011.
affordable housing, housing prices, mortgage foreclosures, neighborhoods
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Working Paper
American Murder Mystery Revisited: Do Housing Voucher Households Cause Crime?
In recent years, the U.S. Department of Housing and Urban Development (HUD) has shifted resources from public housing to the Housing Choice Voucher (HCV or “voucher”) program. There were 2.2 million vouchers nationwide in 2008, compared to 1.2 million public housing units. Although the academic and policy communities have welcomed this shift, community opposition to vouchers can be fierce, due to perceptions that voucher-holders will both reduce property values and heighten crime. Despite the public concerns, however, there is virtually no research that systematically examines the link between the presence of voucher holders in a neighborhood and crime. Our paper uses longitudinal, neighborhood-level crime and voucher utilization data in 10 large U.S. cities over 12 years, and finds voucher-holders moving to a neighborhood does not, in fact, increase crime. We do see, on the other hand, that households with vouchers tend to move to communities when crime rates are rising.
Ingrid Gould Ellen, Michael C. Lens, Katherine O’Regan. November 2011.
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White Papers
State of New York City’s Subsidized Housing: 2011
To reduce the financial burden that low- and moderate-income families in New York City face, city, state and federal agencies have employed numerous subsidy programs to encourage private developers to own and manage affordable housing developments. With the cooperation of government housing agencies, the Furman Center created the Subsidized Housing Information Project (SHIP)—an online searchable database containing information on the nearly 235,000 units of privately-owned, subsidized affordable rental housing in New York City developed with major subsidy programs. This report is the first comprehensive analysis of properties in our SHIP database, and identifies opportunities to preserve affordable housing in the coming years.
Jaclene Begley, Caitlyn Brazill, Vincent Reina, Max Weselcouch. September 2011.
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Data Brief
New York City Quarterly Housing Update 2011: 2nd Quarter
In an analysis of second quarter housing indicators, the Furman Center finds that home sales volume declined 20 percent from the first to the second quarter of 2011, although home prices citywide held steady. The report also finds that new construction is slowly starting to return with 1,556 units authorized by new residential building permits between January and June 2010, compared with 1,703 units authorized in all of 2010.
The Furman Center for Real Estate and Urban Policy. August 2011.
affordable housing, housing prices, mortgage foreclosures, neighborhoods
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Article
Rental Housing Policy in the United States
In this volume of the U.S. Department of Housing and Urban Development’s policy development and research journal, Cityscape, guest editors Vicki Been and Ingrid Gould Ellen bring together seven innovative proposals from leading housing researchers calling for changes in government policies to benefit renters and their communities. This collection of articles propose reforms, such as the elimination of the mortgage interest deduction, which could serve as viable alternatives to traditional federal rental programs. These perspectives offer U.S. policymakers ways to potentially adapt international housing assistance models to reform the domestic housing market.
Vicki Been, Ingrid Gould Ellen. Cityscape (U.S. Department of Housing and Urban Development) . July 2011.
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Data Brief
New York Quarterly Housing Update 2011: 1st Quarter
In an analysis of first quarter housing indicators, the Furman Center finds that housing prices declined between the last quarter of 2010 and the first quarter of 2011 in every borough except Queens, where prices remained essentially flat. The volume of home sales continued to decline in every borough compared to the previous year. The Quarterly Housing Update is unique among New York City housing reports because it incorporates sales data, new construction indicators, and foreclosures. It also presents a repeat sales index for each borough to capture price appreciation while controlling for housing quality.
The Furman Center for Real Estate and Urban Policy. May 2011.
affordable housing, housing prices, mortgage foreclosures, neighborhoods
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White Papers
Overview of Affirmative Marketing and Implications for the Westchester Fair Housing Settlement
This report summarizes a Feb. 14, 2011 Institute for Affordable Housing Policy roundtable on affirmative marketing of affordable housing in Westchester County. The Furman Center received grant funding to provide independent research and expert assistance on implementation of a federal housing settlement. Under the terms of the settlement, Westchester must develop at least 750 affordable housing units in municipalities with overwhelmingly white populations, and must affirmatively market this housing in geographic areas with significant non-white populations. The roundtable and this review explores strategies to identify and reach potential residents, with an aim of providing insight for Westchester County in the implementation of its obligations under the settlement, as well as to provide guidance to other municipalities that share the obligation to affirmatively further fair housing.
John Infranca. April 2011.
affordable housing, fair housing, housing, neighborhoods, race, segregation
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Data Brief
New York City Quarterly Housing Update 2010: 4th Quarter
In an analysis of fourth quarter housing indicators, the Furman Center finds that home prices outside of Manhattan are still in decline, but foreclosures are down citywide. The Quarterly Housing Update, which uses six key indicators of housing market performance from a variety of data sources, is the only New York City housing report to incorporate sales data, development indicators, and foreclosures. It also presents a repeat sales index for each borough to capture price appreciation while controlling for housing quality.
The Furman Center for Real Estate and Urban Policy. February 2011.
affordable housing, housing prices, mortgage foreclosures, neighborhoods
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White Papers
Neighborhood Crime Exposure Among Housing Choice Voucher Households
The federal government increasingly relies on housing vouchers to make housing more affordable and hopefully enable low-income households to reach higher quality neighborhoods. This study analyzes the efficacy of the voucher program at achieving this goal, focusing on neighborhood crime. Using census tract-level crime and subsidized housing data from 91 large cities in 2000, the study compares neighborhood crime rates of voucher holders to those of public housing, Low-Income Housing Tax Credit, and unassisted poor renter households. Our paper finds that while voucher households resided in neighborhoods about as safe as that of poor renter households, and with much lower crime rates than those lived in by other subsidized households, the voucher households did not choose a lower poverty neighborhood. In addition, the study finds differences by race, which suggest that housing vouchers may be more effective helping black households reach safer neighborhoods than white and Hispanic households.
Ingrid Gould Ellen, Katherine O’Regan, Michael C. Lens. February 2011.
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Working Paper
Creating a Metric of Educational Opportunities for Assisted Households
The U.S. Department of Housing and Urban Development’s strategic plan identifies the use of “housing as a platform for improving quality of life” as one of its five strategic goals. It further establishes a sub-goal to improve educational outcomes and early learning and development for children in HUD-assisted housing. This paper is intended to advise HUD about how to use readily available data to create a metric for school quality. This metric is the measure of success in providing “access to schools scores at or above the local average” for children in assisted households. The researchers recommend a ratio that compares the test scores of the elementary schools nearest subsidized households to the test scores of other schools in that same county or metropolitan area, with perhaps a comparison to the schools nearest other renters or low-income households. Using this local-comparison ratio can overcome differences in state methodologies for evaluating schools, differences in homeownership rates across metropolitan areas, and differences in income levels. This score will allow HUD to identify metropolitan areas to target for mobility efforts and to track progress over time.
Ingrid Gould Ellen, Keren Mertens Horn. February 2011.
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