Foreclosure Crisis Impacts Chicago’s Rental Housing Market
Woodstock Institute
May 2008
For many Chicago households, affordable housing is rental housing. In 2007, over 35 percent of the foreclosures filed in the City of Chicago affected buildings with rental units. These foreclosures put increased strain on the rental market by displacing current renters from foreclosed properties and taking foreclosed multi-family properties out of the supply of rental units.
America’s rental Housing: the Key to a National Balanced Strategy
Joint Center for Housing Studies of Harvard University
April 2008
The damage from today’s mortgage foreclosure crisis reaches deep into the rental market. With affordability already a problem, the current housing debacle not only adds
to the number of households competing for low-cost rentals and threatens current renters with eviction, but also increases the costs of financing rental housing construction and preservation.
Preservation of Affordable Multifamily Housing
Comptroller of the Currency, Community Developments Newsletter
Spring 2008
A significant share of privately owned affordable multifamily housing is available to lower income families through federal subsidy programs. These programs began in the early 1960s and continue today. These programs have supported the development of more than three million housing units.
Rentals Out of Reach
CQ Weekly
October 15, 2007
Author: Clea Benson
This article examines the loss of affordable rental housing nationwide and its impact on working Americans.
Oregon affordable housing advocates scaling back expectations
The WorldLink.com
November 29, 2007
Author: Julia Silverman, Associated Press Writer
This article gives an update on the status of affordable housing spending in Oregon.
Links to reports on preserving assisted rental housing: the national data infrastructure
The American Dream of Affordable Rental Housing
On Common Ground, Creating Housing Opportunity
Winter 2008
Author: Steve Wright
While the need for affordable rental housing has never been greater, the uphill battle to preserve existing affordable housing has never been steeper.
