March promises to be a crucial month for affordable housing. That’s when housing advocates anticipate the Senate may vote on a bill that could usher in the largest investment in affordable homes in decades. On January 31, the House passed a tax package containing two key Housing Credit provisions by an overwhelming 357-70 vote. The bill, the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) contained two key provisions that would bolster the Low-Income Housing Tax Credit (Housing Credit), which is responsible for financing nearly all affordable housing development in the United States.

As climate change intensifies, severe flood events have become more commonplace across the entire U.S. Extreme flooding disproportionately impacts low-income communities and people of color because they often live in areas that are more prone to flooding, in housing stock not well suited to weather such events, and lack adequate disaster plans as well as the financial means to evacuate and/or temporarily relocate.

Michael Claproth talks about the challenges, solutions, and inspiration to lead our Southern California's market Sustainable Connected Communities.

In this new series, experts from Enterprise combine research, data and stories that demonstrate the impact of specific policy areas on racial disparities in both housing and non-housing outcomes.

The share of renters wrestling with unaffordable housing continues to rise, with just under half of all renter households now spending more than 30 percent of their monthly gross income on housing costs, recent data show. While the scale of the affordability crisis for renters is well known, less understood is how this burden has shifted over time both by race and geography. Since 2019, households of color – long disproportionately impacted by affordability challenges – experienced greater increases in spending large shares of their income on housing relative to non-Hispanic white renters. We examine these trends – observed using data from the Census Bureau’s American Community Survey (ACS) – to explain what they mean for renters who struggle to make ends meet.

Claretian Associates Executive Director Angela Hurlock shares how her South Chicago community is working to create a healthy neighborhood of choice with support from the Empowering Black Futures program led by Fifth Third in collaboration with Enterprise.