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PD&R UPDATES

3 December, 2024

Edge logo with text PD&R Edge, an online magazine and graphics of houses

PD&R Edge, an online magazine, provides you with a snapshot view of our newly released research, periodicals, publications, news, and commentaries on housing and urban development issues.

A group of smiling older adults sitting on a couch.

The rising number of older adults in the United States exacerbates the nation’s ongoing housing crisis as seniors with falling incomes struggle to find affordable housing that supports their health and well-being. A recent workshop hosted by Fannie Mae and the Federal Reserve Bank of Philadelphia highlighted research that grapples with the impact of demographic shifts, including the aging U.S. population, on housing demand. Seniors’ housing needs are characterized in part by lower incomes and higher costs, including the cost of health care and are affected by the availability of shared living arrangements, generational ties, and access to home equity.

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PD&R LEADERSHIP

Todd Richardson (left) and Elayne Weiss (right). In Search of the Next Generation of Housing Policy

In the Leadership Message, Todd Richardson, General Deputy Assistant Secretary at PD&R, and Elayne Weiss, Deputy Assistant Secretary for Policy Development at PD&R, summarize takeaways from a roundtable discussion of 25 housing scholars hosted at HUD headquarters in Washington, D.C., on October 7 and 8, 2024. Participants discussed five main topics: expanding the housing supply, eliminating worst case housing needs in the United States, finding solutions to ending homelessness, discussing measures that would ensure housing stability and protections for the nation’s renters, and strategies to increase homeownership rates and close the racial homeownership gap in the United States.

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RESEARCH

Evaluation of the Rental Assistance Demonstration (RAD): Implementation and Impact of the Choice Mobility Option Evaluating the RAD Choice Mobility Option: Part 1: Prevalence

As part of the 2012 Rental Assistance Demonstration (RAD) program authorization, Congress created the Choice Mobility option, which improves public housing residents’ ability to access affordable housing that best meets their needs. The 2023 “Evaluation of the Rental Assistance Demonstration (RAD): Implementation and Impact of the Choice Mobility Option” report is the first study to quantify the use of the Choice Mobility option and to assess the experiences and outcomes of residents, PHAs, and property owners. The first of a three-part series examining the report’s findings, this article reviews the quantitative study data used in the analysis and the prevalence of the Choice Mobility option among eligible residents.

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Aerial view of a three-story brick building with a church and single-family homes in the background.

IN PRACTICE

Former School Repurposed as Affordable Housing and a Community Service Hub in Buffalo
Opened in 2024, Apartments at the Lyceum is a 42-unit mixed-use development in Buffalo, New York. Originally built in the 1930s as a church education and recreational center, the three-story building retains many original elements. The apartments serve households earning up to 50 or 60 percent of the area median income, and some are designed for those with special needs, including 12 for victims and survivors of domestic violence who previously experienced homelessness. Community Services for Every1, the developer and owner of Apartments at the Lyceum, provides onsite services such as workforce development and culinary arts programs. The $23.6 million project was supported by state subsidies, low-income housing tax credit equity, and a city-awarded HOME loan.

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Map illustrating the boundaries of the 10 regions defined by HUD and their included states.

SPOTLIGHT ON PD&R DATA

Continuing Economic Recovery and Balanced Housing Market Conditions in the Pittsburgh HMA
The Pittsburgh Housing Market Area (Pittsburgh HMA) in southwestern Pennsylvania is coterminous with the Pittsburgh, PA Metropolitan Statistical Area and includes Allegheny, Armstrong, Beaver, Butler, Fayette, Washington, and Westmoreland Counties. The HMA’s population, estimated at 2.33 million as of May 1, 2024, has been declining since 2014; however, the pace of population loss has accelerated since 2021. The Pittsburgh HMA economy continues to recover from the COVID-19 pandemic, whereas the national economy largely recovered in 2022. Rising mortgage rates contributed to declining home sales, and increases in new apartment deliveries contributed to rising vacancy rates. Rental market conditions in the HMA are balanced, easing from tight conditions in 2022.

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TRENDING

Aerial view of the Mercedes-Benz Stadium and Atlanta Georgia Dome. The Blank Foundation Outperforms a Community Benefit Agreement in Westside Atlanta

As part of an agreement to replace the Georgia Dome in Atlanta, Georgia, with a new stadium, Arthur Blank, owner of the Atlanta Falcons and the Atlanta United sports teams, committed the Arthur M. Blank Family Foundation to support the revitalization of the English Avenue, Vine City, and Castleberry Hill neighborhoods surrounding the site of the proposed stadium. To help pay for these improvements, the Atlanta City Council approved an improvement plan in 2013 that established the Westside Tax Allocation District, including a $15 million community improvement fund for brick-and-mortar projects, and the Arthur M. Blank Family Foundation committed $15 million to the Westside Neighborhood Prosperity Fund for human services programs. To date, the foundation has contributed more than $106 million to Westside projects and programs.

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INTERNATIONAL & PHILANTHROPIC SPOTLIGHT

Cityscape of Tokyo, Japan. Global Cities and Affordable Housing: Tokyo

The Japanese capital, Tokyo, is one of the world’s most populous metropolitan areas, with nearly 40 million residents. Unlike other global metropolitan areas, Tokyo has avoided a housing crisis, and housing in the city is relatively affordable. Japanese homes are designed to maximize efficiency and affordability because they must withstand the reality of frequent earthquakes. This need results in a rapid cycle of tearing down and rebuilding housing, enabling cities to meet current market demands swiftly and stands in contrast to the zoning regulations that impede needed development in many Western cities. Rather than a problem of too few homes, Japan faces an increasingly critical problem of too many unoccupied dwellings.

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