Article Abstract:
A comprehensive national housing policy can be most effective if it addresses major issues that increase the cost of housing. The most significant of these considerations is the nation's regulatory system. Several layers of local, state and federal regulations raise the cost of a new home by thousands of dollars, delay or cancel construction of new homes and deny Americans the chance to enjoy decent, inexpensive housing. A housing policy should therefore be reformed to address the subject of excessive regulation and make market-rate housing affordable. Another significant issue that needs to be considered is the Not-in-My-Backyard syndrome, which is evidenced by people who object to growth and construction of new homes in their areas. Lastly, the issue of infrastructure funding should be dealt with because the coffer for essential infrastructure is quickly drying up.
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Article Abstract:
The Maryland Dept. of Housing and Community Development has introduced the Neighborhood Business Development Program to facilitate revitalization of older communities. The program offers loan and grant assistance to small businesses in areas designated as revitalization locations. The department is planning a Live Near Your Work initiative to increase home ownership. Lastly, the General Assembly has provided tax incentives for businesses that operate in revitalization areas.
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Article Abstract:
A domain-name directory is presented of housing authorities affiliated with the National Assn of Housing and Redevelopment Officials. A brief description is provided of each, which includes current or past projects.
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