Lower corporate tax rate weakens affordable housing development

While federal lawmakers left Low-Income Housing Tax Credits in place during their tax overhaul earlier this year, affordable housing developers face another challenge: a lower corporate tax rate has investors less enthusiastic for the tax breaks that have traditionally helped them build affordable housing.

Study demonstrates more water is needed for fracking than initially thought

In the past decade, scientists have been saying that hydraulic fracturing, or fracking, causes earthquakes, contaminates groundwater and increases hydrocarbon emissions. Now, a study shows that the drilling practice requires much more water than was originally thought.

Hot California real estate market limits both buyers and sellers

California’s real estate market appears to be boxing both buyers and sellers into their current homes, and is also affecting home construction across the state. The state has reported a sharp decline in home sales, decreased inventory and escalating home prices

Low-priced rental units harder to find across the nation

The number of lower-income tenants looking to secure low-cost rentals has increased by nearly 5 million households in the past 15 years nationwide, but the number of rental units has shrunk by nearly 2.5 million, according to a recently released study.

California wildfires stress an already sobering crisis in affordable housing construction

The numerous, massive wildfires – 100 of them at one point in late July – swarming across California are not only harming the environment and threatening lives but are also exacerbating the state’s affordable housing crisis.