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The Munkwitz Apartments. The Arthur R Munkwitz Duplex Apartments were pair of four-unit apartment buildings built in 1916. The Munkwitz Duplexes were based on an American System-Built Homes plan and constructed on 1102-1112 N. 27th Street under the supervision of Russell Barr Williamson. They were demolished in 1973 to widen the street.
The Biden administration on Wednesday announced the award of $85 million in housing funds to 21 state and local governments for a new program aimed at helping them remove barriers to the ...
80/20 housing. In the United States, 80/20 housing is multifamily housing program that meets federal guidelines for tax-exempt financing. [1] 80/20 housing developments reserve 20 percent of units as affordable housing, only to be rented by low-income residents, leaving the remaining 80 percent of units to be rented at the typical market rate. [2]
Hilliard Towers Apartments. / 41.853917°N 87.628500°W / 41.853917; -87.628500. Hilliard Towers Apartments, formerly known as the Raymond Hilliard Homes CHA housing project, is a residential high-rise development in the near South Side of Chicago, Illinois. It was designed by Bertrand Goldberg and is bounded by Clark Street, State ...
Home prices are higher as well – largely, at this point, due to a lack of inventory. Zillow says the U.S. housing shortage grew to 4.5 million homes in 2022, up from 4.3 million in 2021.
In both large metropolitan areas and regional towns where housing prices are high, a lack of affordable housing places local firms at a competitive disadvantage. They are placed under wage pressures as they attempt to decrease the income/housing price gap. Key workers have fewer housing choices if prices rise to non-affordable levels.
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