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4.8 million housing units required by 2040

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The government’s national policy on housing will take into account the country’s urbanisation and urban migration. Myanmar's commercial capital will need 1. 07 million housing units by 2040 and the entire country will require an additional 4. 8 million units by then, according to an official from the Ministry of Construction. The whole country will need 4. 8 million housing units by 2040, based on the population growth rate between 1983 and 2014, said U Nway Hmu, deputy director of the Housing Development Division under the Ministry of Construction. 8 million housing units required by 2040" alt="image" style="border: 0px;" /> The deputy director made the re- marks during a presentation organised by the property website House . com.mm. According to the 1983 census, the national population was 35.29 million. It increased to 51.48 million in 2014, according to the 2014 census. Based on that population growth rate , Myanmar is expected to have 70.5...

2525 El Camino Real Senior Apartments in Santa Clara Celebrates Groundbreaking Ceremony -- Anne Monaghan / Monaghan Communications

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Designed by KTGY Group, 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara, broke ground on a new affordable apartment community for low income seniors . 2525 El Camino Real Senior Apartments in Santa Clara, CA" title=" 2525 El Camino Real Senior Apartments in Santa Clara, CA" width="154" height="87" class="im2" /> 2525 El Camino Real Senior Apartments in Santa Clara, CA June 21, 2012 - PRLog -- SANTA CLARA, CA - On Wednesday, June 20, 2012, Santa Clara broke ground on 2525 El Camino Real Senior Apartments , a development by ROEM Corporation , in collaboration with Pacific Housing , Inc. and the City of Santa Clara. The groundbreaking ceremony began at 2:00 p.m. at 2525 El Camino Real , Santa Clara, California 95050 (cross streets: El Camino Real and Buchanan Drive). " Providing affordable housing for our community is a very im...

Portland Mayor Ted Wheeler slow to deliver on promise of affordable housing

Portland Mayor Ted Wheeler promised during his 2016 campaign that he would tackle the city's affordable housing crisis if elected. His second day in office, he took over the housing bureau , putting himself in charge of its big decisions on top of his already ambitious workload. But eight months into his term, the mayor has little to show for it. No groundbreakings. A single deal to bring an affordable apartment complex to Northeast Portland . A key policy position on his staff vacant five months after his housing expert quit . He has yet to tell developers what the city will fund if they work to put roofs over needy Portlanders' heads. Wheeler's insistence on painstaking public involvement and the lack of housing expertise on his staff have hampered progress on what he said was an urgent priority. The mayor has also made no decisions about how the city should spend the largest pool of money ever available to address Portland's affordable housing shortage . Wheeler ...

Bend 2030 ideas don’t address housing need for low-wage workers;

By Beth Jacobi The recommendations of the Bend 2030 housing workgroup , recently offered to Bend City Council , may not ease the housing burden of many of the people who live and work in Bend. The recommendations are designed to increase housing for those making $40,000 to $90,000 a year. But according to the Oregon Housing Alliance , the current mean renter wage in Deschutes County is $11.86 an hour (about $24,000 a year). Many tourism industry workers , teachers, police officers, health care workers , social service workers , and families with children are suffering from our housing crisis. Bend leads the nation for rent increases. Bend’s average home sales price is over $400,000, and homelessness has gone up 31 percent since 2015 (Point in Time Count, 2017). The Bend 2030 housing workgroup has some great ideas, but the recommendations don’t ensure the development of affordable housing . City leaders must reserve valuable subsidies and incentives, ( property tax waiver , system ...

Ribbon cut for newly rehabilitated apartments | News

On Wednesday morning the owners, staff, development partners and residents of Apple Hill Apartments joined together to celebrate the completion of Jackson’s newly rehabilitated apartment community . On Wednesday, August 16, The Provident Companies hosted an open house with light refreshments to symbolize the end of the project. During the opening house, remarks were given by The Provident Company Vice President Robert Bender , USDA Rural Development representative Brent Warren , Jackson City Councilman Jon Hensler , Ohio Capital Corporation for Housing representative John Kircher , Ohio Housing Finance Agency representative Diane Alecusan , Jackson- Vinton Community Action Executive Director Cheryl Thiessen , Park National Bank representative Stan Uchida , Diana Swack and Bernard Swack both with The Provident Company . “ Apple Hill Apartments is an example of the type of safe, decent and affordable housing that households need as a necessary building block for li...

Affordable Sticker Shock -- Climbing home and rental prices hurting chances of poorer people putting roofs over their heads | Jim Parker

Coast to coast, the housing industry currently favors the home seller as prices are rising, sales surging and inventories dwindling -- which leave the residences on the market more valuable. Take Seattle as a caffeinated example. The northwest city of 3. 5 million people boasts the hottest housing market in the country since last fall, according to the Case- Shiller home price index and reported this summer in the Seattle Times. The typical single-family house in metro Seattle cost 12 .9 percent more in April than a year ago, the report notes. Other fast-rising markets are Portland, Oregon; Dallas; Denver; and Detroit, up 9.3 to 7.4 percent respectively. Those totals compare with a 5. 5 percent national price growth rate . What's good for owners and well-off buyers can be doubly troubling for at least one group: lower income property shoppers including first-time homebuyers who can't afford average and midpoint home prices or apartment rents . According to studies, the na...

Lewiston seeks grant to transform Tree Streets neighborhood

LEWISTON — The city is seeking a large federal grant that would address housing and other issues in the poorest areas of downtown Lewiston , and neighborhood advocates say the funds could go a long way toward implementing goals they've had for years.  If successful in its bid, Lewiston could receive $1.3 million from the U.S. Department of Housing & Urban Development and what's known as a  Choice Neighborhood Planning and Action Grant. The city council approved the application last week, and will commit $237,500 in local Community Development Block Grant funds during implementation if the grant is successful.  The city hopes the funding can lead to long-term changes in the downtown neighborhood , where nearly half of residents live below the federal poverty level . According to 2015 census figures, the median family incomes in downtown census tracts 201 and 203, are $12,417 and $16,047, respectively.  The main purpose of the funds is to plan and execute major housing...

East Design Review Board Delays Capitol Hill Station Development » The Urbanist

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Last week the East Design Review Board threw a wrench in plans to begin construction on the complex planned around Capitol Hill Station when they declined to recommend any part of the project, including Capitol Hill Housing ’s planned 110 affordable homes on the B-North site. Board members voiced a variety of concerns, from Kenny Pleasant ’s objections to color palette to the chair Curtis Bigelow ’s concerns about the location of the daycare on Broadway, which he found to be in poor taste or perhaps dangerous. There was also Bigelow’s feeling that the building just hadn’t reached a high enough pinnacle of greatness. “This is a really good building. I think we were expecting it to be a great building,” Bigelow said, as quoted by Brandon Macz in Capitol Hill Times . Capitol Hill Housing ’s Communications Manager Ashwin Warrior said not getting the recommendation last week will certainly delay completion of the affordable housing and increase costs on the non-profit. “We anticipate...