Understanding Housing Affordability in Today’s Market
The ongoing housing affordability crisis across the country is having a significant impact on how a large portion of Americans are living, budgeting and planning for their futures.
With a nationwide shortage of approximately 1.5 million housing units, home prices and rent have both increased — up 26% and 47%, respectively, since 2020 — according to the latest Harvard University Joint Center for Housing Studies’ (JCHS) The State of the Nation’s Housing 2024 report.
NEED HOUSING? – LOCAL HOUSING INITIATIVES
The Housing Alliance – Information, education, and advocacy for attainable housing in Collier County
Housing Matters Video
Housing Navigator
Whether you are seeking a more affordable rental unit or guidance and resources on obtaining homeownership, the first step is to consult with a Housing Navigator. This free service is available through our HUD-approved affiliate by clicking here (or the button below). You will have the option to start an application online, download an application package, or contact a Housing Navigator directly to schedule a consultation.
Click here for more information
Community Land Trust
Through our affiliated community land trust, we continue to seek collaborative opportunities to provide more attainable rental and homeownership inventory to our community. You can learn more about the community land trust model and view projects that are in the works by clicking here (or the button below).
Click here to learn more about the Community Land Trust
NAHB’s 10-Point Plan to Address the Housing Affordability Crisis
With the housing affordability crisis forcing families to spend such a large percentage of their income on a place to live, NAHB has created a 10-point housing plan to remove barriers that slow down the construction of new homes at the local and national level.
- Eliminate excessive regulations.
- Promote careers in the skilled trades.
- Fix building material supply chains and ease costs.
- Pass federal tax legislation to expand the production of affordable and attainable housing.
- Overturn inefficient local zoning rules.
- Alleviate permitting roadblocks.
- Adopt reasonable and cost-effective building codes.
- Reduce local impact fees and other upfront taxes associated with housing construction.
- Make it easier for developers to finance new housing.
- Update employment policies to promote flexibility and opportunity.
Read more about NAHB’s plan to reduce housing costs.