December 8, 2017 | by Michael Wilt
The term "middle class" carries a variety of meanings, and they are typically tied to the income a household earns. While there's no official definition of middle class, the Pew Research Center considers households earning between 67 percent and 200 percent of the median family income as middle class. Nationwide, that's an income range of $39,554 to $118,072 notes thebalance.com.
November 17, 2017 | by Michael Wilt
This is the latest entry in our On the House spotlight series. Our past spotlights featured TSAHC staff members and partners to help readers get to know our organization and industry a little better. But this week, we are turning our focus to a development financed in part by TSAHC’s Texas Housing Impact Fund. We think spotlighting affordable housing developments across the state will help readers understand what they look like, how they are financed and who lives there.
November 3, 2017 | by Katie Claflin
Much attention has been paid to millennials’ attitudes toward homeownership. However, an article published by CNBC in August argues that it’s actually baby boomers—not millennials—that are having the greatest impact on the current housing market.
October 20, 2017 | by Michael Wilt
Every quarter TSAHC spotlights a staff member or partner to help our readers get to know our mission and industry a little better. This week we interviewed Woody Widrow, Executive Director of RAISE Texas, a non-profit dedicated to financial education and asset building for low- and moderate-income Texans. Below is our interview with Woody.
October 13, 2017 | by Michael Wilt
As cities grow and attract new jobs, city leaders and employers are struggling with how to ensure there is housing that is affordable to workers at low- and moderate-income levels. This type of housing, referred to as "workforce housing," is becoming harder to find.
September 22, 2017 | by Michael Wilt
By 2035, the number of households that include someone with a disability will increase by 76% according to a report from Harvard's Joint Center for Housing Studies. Subsequently, the demand for affordable, accessible housing will be far beyond what current supply can meet.
September 15, 2017 | by Katie Claflin
For this week’s blog post, we have compiled a list of resources that can help Texans affected by Hurricane Harvey find temporary shelter or rental housing, file an insurance claim, postpone their mortgage payment, or find employment.
September 1, 2017 | by Michael Wilt
More socially-conscious investors are using their money to make a meaningful difference in causes they believe through "impact investing," and this wave of investment could play a pivotal role in how affordable housing is financed.