A Common Bond: How The Community and Existing Regulations Can Solve America's Affordable Housing...
Monday 28 December 2015 at 1:20 PM ET JURIST Guest Columnist Azariah Jelks of Valparaiso University Law School of Class 2016 discusses the importance of coming together as a community in order to solve the problem of affordable housing in the US With the price of housing steadily rising, income levels largely remaining stagnant and an increase in the elderly, the need for affordable housing is more important than ever. Over 11 million people spend half their income in rent and that number is projected to rise to 13 million by 2025. Although state programs, federal law, tax credits and regulations have been created to create more affordable housing, gentrification is one of the major threats…
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