Wednesday, August 30, 2023 / by Tim Elder
Affordable Housing in Greenville
Affordable housing opportunities are being created in Greenville in order to address the challenges we are facing from the combination of low inventory and high prices to the more recently rising interest rates. Having previously been low on the political priority for years due to the political and practical complexity of housing production, skyrocketing housing prices have finally captured the attention of lawmakers at the state and local levels across the United States. While the greatest barrier to affordable housing throughout the United States is overly restrictive zoning regulations, each area is addressing the need for affordable housing in different ways. The U.S. Department of Housing & Urban Development is even weighing in with their set of best practices for communities struggling with housing shortages. Other assistance from HUD is coming via technical assistance to ensure that local government’s infrastructure investment plans are considering housing ne ...