Thursday, March 3, 2016

Middle class can't afford homes near jobs

Middle class can't afford homes near jobs


A newly released study is highlighting an underreported aspect of the affordable housing crisis — the lack of homes that moderate-income families can afford to buy near employment centers in the region.
“To find a home they can afford to purchase, middle-income families must increasingly look outside of the region’s core, far from job centers for middle-income jobs,” reads the study released Wednesday, titled “Solving the Affordable Homeownership Gap.”
The study was commissioned by Proud Ground, a nonprofit organization that sells affordable homes throughout the region. It was underwritten by the Bank of America and can be read at


http://tinyurl.com/hpwa35p.




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