Amid inventory crisis, median age of US housing stock is getting older

In a pair of new studies released Wednesday, NAR and Harvard University are calling on the government to help ease the housing crisis. The housing crisis is expected to persist long after the pandemic ends if the government doesn’t interject soon, a pair of new studies reveal. Two studies released on Wednesday by the National … Read more

JPMorgan Chase commits $400M to affordable housing

JPMorgan Chase is undertaking new initiatives aimed at helping close the housing affordability gap for Black and Latino families. The New York City-based international banking company said it’s committing $400 million toward the five-year philanthropic effort, and will also implement new data-driven business practices and policy recommendations. Jamie Dimon “We’re trying to address some of … Read more

Boise asks Interfaith to ‘pause’ new shelter location. What happens next?

Boise Mayor Lauren McLean appeared in a video posted late Thursday to social media to say she asked that the Interfaith Sanctuary project for a new shelter along State St. be put on hold. “This morning I asked Interfaith Sanctuary if they would please pause their application, and they agreed,” McLean said. “I know we’re … Read more

Ada County Commissioners question price tag, services at Housing First project

The Ada County Commissioners had some tough questions for officials leading the New Path Community Housing project for chronically homeless residents. The project, which houses 49 residents and opened in November 2018, is a collaboration between the City of Boise, a private developer, the two major hospital systems in the Treasure Valley, Ada County, and … Read more

Annual count shows decline in Boise homelessness despite housing crunch. What’s going on?

The results from an annual count of people experiencing homelessness in Boise showed the lowest numbers recorded since 2017, but officials say this data doesn’t tell the full story. Every year, localities around the country participate in a national effort to document the number of Americans experiencing homelessness on a single night in January. Social … Read more

In today’s market, does down payment assistance really help?

What we really need is more housing — especially affordable housing. Prices are still going up, and soon, there won’t be any houses priced low enough to be affordable for people who are within the income limits that qualify them for financial help. I don’t know the answer, but it seems as though some of … Read more

IndieDwell shuts down Caldwell factory for revamp, lays off 61 employees; Expands elsewhere

BoiseDev Exclusive A prominent affordable housing manufacturer in Caldwell closed its doors earlier this year. IndieDwell, a company focused on building affordable housing units made out of recycled shipping containers, stopped manufacturing, and laid off or furloughed 61 employees. The company said it hoped to hire some of the back “starting this week.” The company … Read more

Tampa Bay News