Average per-unit costs were $232,000, most for one-bedroom apartments, in a review of a U.S. Department of Housing and Urban Development program designed to build and preserve affordable housing.
The Department of Housing and Urban Development’s Housing Trust Fund program needs better oversight, according to a new report from the U.S. Government Accountability Office.
Read More
Housing shortages and rising rents are a national problem, and the process for building more housing, especially affordable housing, is only one of many barriers.
In Pennsylvania, rents have increased mainly in the southeast and central parts of the state. As The Center Square previously reported, a report from pro-housing group Up for Growth estimated Pennsylvania has underproduced 98,000 units of housing. Statewide, rents increased by 14% from 2020 to 2021.
Read More
In the Pennsylvania economy today, employers struggle with finding enough workers, rising prices, and enough affordable housing for their workers.
Rising prices, employee and supply shortages, wage surcharges, and “escalating energy prices” puts “a strain on our survival,” said David Crouse, owner of 3C’s family restaurant in the Pottsville area.
Read More