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There is a big demand for affordable housing in Southern California's Coachella Valley, with a waiting list over 17,000 people. Rural LISC Partner CDC Coachella Valley Housing Coalition has been utilizing the recession as a benefit to find lower land values to help the low-income families become first-time homeowners.
Suzanne Anarde, Rural LISC Program Vice President, participated in a panel, “Rural Innovation and Leverage of Private Sector Resources”, moderated by Senator Kit Bond at the Bipartisan Policy Center Housing Commission regional forum August 21 in Sun Valley, Idaho. The forum, “Housing America's Future: New Directions for National Policy”, explored critical issues including housing finance reform and the future of the FHA, community lending and the role of small banks and innovations in rural housing. See a video of the panel discussion here. More information on the Bipartisan Policy Center and the regional forum can be found here.
In a move to help lift more families out of poverty, two longtime community development partners are focusing new resources on troubled rural communities across the country.
As reported in New England Cable News (NECN), our Partner CDC Champlain Housing Trust is helping to make a new neighborhood in Shelburne, Vermont possible. Harrington Village and the Wright House will provide 78 new homes with rental costs that are subsidized for mixed incomes. As the opening of the Harrington Village and the Wright House development takes place there is already a waiting list of people who want to live there. Champlain Housing Trust along with Housing Vermont and the Cathedral Square Corporation worked together to make this project possible. See the full story at NECN.
|Photo Credit: Jack Thurston/NECN|
6.1 million children in rural areas are now living in poverty, according to a new Kids Count report. This is a 1.3 million increase since the year 2000. Ninety-five percent of the high-child-poverty counties are in rural areas, especially in the Mississippi Delta, Texas, and Central Appalachia. More.
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