NeighborWorks® America convened a Housing Supply Solutions Lab last week to provide affordable housing and community development practitioners in the network a chance to dig deeply into innovative building techniques, zoning and land-use reform, and attainability and affordability. The lab format allowed the participants a chance not just to listen, but to speak, learn and solve challenges together. They left the eight-hour session with new connections and new ideas. 

This past week has much of the nation focusing on weather conditions and forecasts. At NeighborWorks® America, Chief Operating Officer Lee Anne Adams is also looking at the conditions for the housing market, as NeighborWorks and the network focus on scaling solutions for the year ahead.

Elizabeth Velasco and her family started the new year in a new home of their own. The dream was made possible with the help of NeighborWorks Home Partners through a new loan product that offers mortgage-like financing for manufactured homes.

Velasco had rented a home with her family in Bloomington, Minnesota, for years. After a recent divorce, she started looking at homeownership options, including a sustainable manufactured home.

A pioneering housing development has opened its doors in Silver Spring, Maryland. Developed by NeighborWorks network member Affordable Homes & Communities (AHC), in partnership with Habitat for Humanity Metro Maryland and Montgomery County, Allium Place is a one of Montgomery County’s largest new construction affordable housing developments. The $96 million development comprises 195 homes on six acres of land formerly owned by the county.
The supply of affordable rental homes is at a crisis point in communities across America, with millions of renters paying one-third or even half of their income on rent. The cost of homeownership is climbing too, as national median home prices ratchet higher, and mortgage rates stay stubbornly close to 7%.