On the House Blog

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Welcome to On the House, a weekly blog for affordable housing professionals.

Archived posts from 2014

Cash-Out Refinances: The Risks of Using Home Equity as Cheap Credit

December 19, 2014 | by Katie Claflin
Homeowners who have built a substantial amount of equity in their homes may be eligible to refinance their mortgage loan and cash out some of their equity. While cash-out refinances can provide homeowners with quick cash when they need it, there are significant risks that each homeowner needs to consider when deciding whether to dip in to the equity in their home.

Research Shows Millions of Households Doubling Up to Save Costs

December 12, 2014 | by Katie Claflin
Housing costs have increased dramatically over the past decade, leaving many Americans struggling to keep up. Millions of households nationwide have resorted to moving in with a friend or relative to split rent or mortgage payments, resulting in the loss of 5.4 million households nationwide since the year 2000. As the housing market recovers, these doubled-up households will begin looking for a new place to live.

The Pros and Cons of Rent-to-Own

December 5, 2014 | by Katie Claflin
Stricter credit requirements, rising home prices and stagnant wages can make it more difficult for families and individuals to qualify for a mortgage right now. As a result, some consumers may want to consider a rent-to-own contract in which they can apply their rent payment toward the purchase of their home. While there are advantages to this type of contract, there are also some significant risks.

Buying vs. Renting: Which Option is Better for You?

November 21, 2014 | by Katie Claflin
The decision to buy a home is one of the biggest financial commitments that most households will make. The New York Times has created a calculator to help families and individuals make that decision.

How Affordable is your Community?  Use this Tool to Find Out

November 14, 2014 | by Katie Claflin
The Center for Neighborhood Technology has created the H+T Index to help people determine how affordable their communities are, based on both housing and transportation costs.

Housing Programs for Veterans on the Rise

November 7, 2014 | by Katie Claflin
Tuesday, November 11, 2014 is Veterans Day. According to the most recent US Census data, there are more than 1.6 million veterans currently living in Texas, and that number could increase as soldiers return from wars that are winding down. These brave men and women whose job is to protect our country need access to programs and services that can help them fully participate in the communities they worked to protect.

Federal Accessibility Requirements: What Housing Providers Need to Know

October 31, 2014 | by Katie Claflin
The month of October has been designated as Texas Persons with Disabilities History and Awareness Month. In honor of this important month, we have decided to focus this week's blog post on important rules and regulations that help ensure that Texans with disabilities have the opportunity to live in housing that is safe, accessible and affordable.

Golf Tournament Benefits TSAHC’s Texas Foundations Fund

October 24, 2014 | by Katie Claflin
On Thursday, October 16th the Rio Grande Valley Partnership (RGVP) Chamber of Commerce hosted its 27th annual golf tournament. TSAHC's Texas Foundations Fund program was selected as the nonprofit beneficiary of this year's tournament. Thank you RGVP for your support!

10 Funding Sources to Grow Your Housing Programs

October 17, 2014 | by Katie Claflin
Each year we strive to grow our Texas Foundations Fund so we can assist more low-income Texans; however, we know many more families need help. For this blog post, we want to call attention to other funding sources that support similar critical housing services.

Texas Foreclosure Rates Declining But Many Households Still at Risk

October 10, 2014 | by Katie Claflin
In its August National Foreclosure Report, the financial research firm CoreLogic reported that Texas’ foreclosure inventory (defined as the percentage of homes currently in the foreclosure process) is 0.7%, down from 1.0% a year ago.