Showing posts with label Middle class can't afford homes near jobs. Show all posts
Showing posts with label Middle class can't afford homes near jobs. Show all posts

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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