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Posts Tagged ‘Task Force’

Shortage of Affordable Housing Could Severely Impact 40% of Boomers

May 25th, 2016 Comments off

baby_boomers____howstuffworksWith 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing for seniors.

Comprised of former Department of Housing and Urban Development Secretary Henry Cisneros, former HUD Secretary and U.S. Senator Mel Martinez and former U.S. Representatives Allyson Schwartz and Vin Weber, the task force is recommending expansion of the Low-Income Housing Tax Credit (LIHTC) program to finance the production and preservation of affordable rental units.

As nationalmortgagenews tells MHProNews, the group recommended funding for Section 202, which provides rental assistance for seniors, and that LICHTs be used to attract funding from health care programs for services that will be needed by an older population.

The center reports in 2013 there were only 4.3 million rental homes available to extremely low-income households, but a need for housing for 11.2 million households, leaving a shortage of 6.9 million homes. With approximately 40 percent of seniors over 62 estimated to have assets of under $25,000 to sustain them over the next 20 years, the lack of affordable housing threatens to leave many possibly homeless.

Affordable housing is the glue that holds everything together,” Martinez, who co-chaired the task force, said in a news release. “Without access to affordable housing and the stability it provides, it becomes increasingly difficult to provide home and community-based supportive services that can enable successful aging.”

In order to make the necessary changes to accommodate health and accessibility needs, the task force suggests a new Modification Assistance initiative be implemented by the federal government, in conjunction with local and state governments, to utilize tax credits, grants and forgivable loans to assist the aging population.

Additionally, the group stated that HUD should create lending products that allow elderly borrowers access to home equity.

As MHProNews understands, this scenario could be an ideal situation for HUD to promote the affordable, quality manufactured housing it so vigorously regulates. ##

(Photo credit: howstuffworks–Baby Boomers)

matthew-silver-daily-business-news-mhpronews-comArticle submitted by Matthew J. Silver to Daily Business News-MHProNews.

Modular Homes Available at Wholesale Prices

June 21st, 2013 Comments off

The Tri-State Housing Task Force mini-summit held June 19 in Keokuk, Iowa heard Dan Eberhardt of the Southeast Iowa Regional Planning Commission (SEIRPC) say “You cannot thrive unless you pay attention to your residential homes.” Representatives of Northeast Community Action Corporation of Missouri (NECAC) state they have helped over 1,500 people with rehabs, repairs, weatherization, homeowner counseling, and foreclosure modification assistance. NECAC’s Carla Potts says the Housing Task Force Steering Committee has established a program whereby modular homes can be purchased at wholesale prices. As dailygate informs MHProNews, the goal of the task force is to educate local officials about the availability of state and federal workforce housing initiatives and innovative financing resources. The Tri-State Summit area covers 35 counties encompassing 680,000 square miles in Illinois, Iowa and Missouri.

(Photo credit: modularhomecoach–Homeway Homes modulars  in Illinois)

Modular Housing for Crime Victims

June 4th, 2013 Comments off

According to the orlandosentinel, local and national law enforcement efforts are being stepped up in Orlando, Fla. due to a recent rash of human trafficking cases. Supportive services including modular housing are on the agenda for the newly-created task force established to deal with the victims. Central Florida non-profit, The Lifeboat Project, is currently seeking land for the emergency shelter, the most pressing need. MHProNews has learned separately Lifeboat provides rescue and personal recovery services for victims of forced human exploitation.

(Photo credit: Malcolm Denemark and Tim Wlaters/portcanaveral)

Modular Housing in Vancouver BC?

July 6th, 2012 Comments off

Calling the high cost of affordable housing the “single biggest obstacle to making Vancouver a more livable city,” Vancouver, British Columbia’s Mayor Gregor Robinson set up a competition to garner ideas for solutions, the Vancouver Sun tells MHProNews.com. The Mayor’s Task Force on Housing Affordability received 68 entries, including drawings from Turkey, New York, Ireland, and the Netherlands as well as from local designers and architects. The designs vary from modular units with gardens on the roofs—”Make the roof pay for the house”–to floating apartment complexes, recycled shipping containers, and a castle-like compound. Green roofs, solar panels for energy, and pod-like housing were common themes. The proposals are on display for public viewing. A jury will decide the winning entry later this month.

(Image credit: www.rethinkinghousing.ca/, Vancouver Sun)

MHI Financial Reform Taskforce Convenes in Dallas

November 19th, 2010 Comments off

The Manufactured Housing Institute (MHI) reported that earlier this week, 20 members of MHI’s Dodd-Frank Financial Reform Taskforce convened in Dallas to identify and prioritize provisions in the Dodd-Frank Act. MHI says if unchanged, Dodd-Frank will significantly burden manufactured home purchasers by adding to the cost of acquiring a loan or restrict access to/availability of financing (including related statutes, such as the SAFE Act). The taskforce also began the task of identifying regulatory and legislative remedies the association must undertake to amend these provisions. MHI has retained the lobbying firm of Porterfield, Lowenthal & Fettig to assist on this critical issue. This issue will be the centerpiece of MHI legislative activities next year. MHI will be hosting a membership-wide webinar on December 9, 2010 to assist members in how to begin to communicate with Congress on this complex issue.

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