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Affordable Housing Woes Paint a ‘Bleak Picture’
  + stars: | 2023-06-14 | by ( Patrick Sisson | ) www.nytimes.com   time to read: +1 min
Then in November she received a call that brought tears to her eyes: A two-bedroom house at Mirasol Townhomes, a public housing development of townhouses and single-family homes, had opened up for just $675 a month. Her previous monthly rent of $950 strained her salary as a dispatcher for a home cleaning service. “There’s a lot of people in San Antonio who struggle with finding housing,” Ms. Velez said. “It’s just out of their price range.”Her experience echoes the broad challenges created by an affordable housing shortage in the United States. Builders have been stymied since the pandemic by higher costs for materials and labor, stricter lending practices, rising interest rates and supply chain hiccups.
Persons: Erika Velez, , Ms, Velez, “ It’s Organizations: Builders Locations: San Antonio, United States
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