West Charlotte, a neighborhood within the thriving city of Charlotte, North Carolina, is undergoing significant redevelopment. The area’s proximity to Uptown Charlotte and its growing transportation network makes it appealing to developers. New and upcoming multifamily housing, along with retail and commercial spaces within these developments, signal a promising future for West Charlotte.
Charlotte's embracing a walkable future! The city is transforming to be more pedestrian-friendly, with exciting developments happening across neighborhoods. Historic districts are blooming alongside revitalization efforts, making Charlotte a vibrant place to explore on foot.
Detroit, once emblematic of urban decline, now undergoes a real estate revival, drawing investors and residents keen on its rejuvenation. Amidst this resurgence, Midtown emerges as a pivotal neighborhood, boasting a blend of historical charm and modern development. Iconic landmarks like the Detroit Institute of Arts and Wayne State University enrich its cultural fabric, while proximity to Downtown and educational institutions fuels its appeal to professionals and students alike. The district's burgeoning culinary scene and cultural venues further enhance its allure, promising robust returns on investment amidst ongoing restoration projects.
Detroit's reputation is undergoing a shift. The Motor City is now embracing walkable communities, with Midtown at the forefront. This transformation fosters a vibrant environment with shops, restaurants, and cultural attractions easily accessible by foot. This shift is attracting a new wave of talent – young professionals, families, and businesses seeking a dynamic and connected urban experience. Could your company benefit from Detroit's exciting future?
In the heart of Southern Florida, two communities, Miami Gardens and Opa-Locka, are emerging as attractive real estate markets. Miami Gardens, a hub of expansion and diversity, offers a variety of housing options and is strategically located between Fort Lauderdale and Miami. Opa-Locka, known for its unique architectural styles, presents opportunities for investors interested in refurbishing its iconic buildings. Despite challenges such as fluctuating property values and the threat of natural disasters, these neighborhoods continue to attract investors due to their cultural vibrancy, growth potential, and proximity to urban centers.
Discover Miami's diverse neighborhoods and urban evolution. From serene suburban enclaves to dynamic downtown areas, each neighborhood adds its own flair to the city's cultural mosaic. Miami's focus on walkability drives economic growth and enhances residents' lives, cementing its status as a leader in innovative urban development.
Discover Roxbury, one of Boston's oldest neighborhoods, rich in history and culture. Roxbury and Nubian Square are the focus of several city planning initiatives, envisioning a bright future for this historic neighborhood. With its strategic location and easy access to public transit and proximity to many education institutions, life science centers, convention centers and the central business district, Roxbury is poised to become a crucial economic and civic hub for Boston.
Discover Boston's walkable neighborhoods driving real estate growth, offering significant price premiums for urban properties. Explore vibrant locales like Roxbury and Dorchester, showcasing rich community life and accessibility in Boston's thriving urban landscape.
The largest concentration of vacant land in Cleveland - a 400-acre neighborhood southeast of Downtown The Opportunity Corridor in Cleveland, contains the largest concentration of vacant land in the City of Cleveland - a 400-acre neighborhood southeast of downtown Cleveland, once known as the “Forgotten Triangle”. The corridor is a significant investment that is expected to create community and economic development opportunities for residents in some of Cleveland's most challenged communities.
Discover Cleveland’s journey from a storied past to a walkable urban haven, enhancing its cultural landscape and boosting the real estate market. Explore the city’s walkable neighborhoods like Ohio City and University Circle, which are attracting real est Cleveland, Ohio, renowned for its rich history and dynamic cultural scene, is embarking on an exciting transformation. The city is evolving into a pedestrian paradise, a change that not only revitalizes its urban landscape but also presents a golden opportunity for real estate investors and homeowners.
In March 2023, HUD unveiled a new Sec. 8 Renewal Policy Guide, which revised the mandatory market rent threshold to 150% of the Small Area Fair Market Rents (SAFMRs) gross rent for the property’s Zip code. The U.S. Department of Housing and Urban Development (HUD) is mandated by Section 8 laws and procedures to procure and scrutinize Rent Comparability Studies (RCS) during the renewal of most Section 8 contracts. The market rents derived from these studies dictate the rents that owners can charge under the program. These rents significantly impact an owner's decision to renew and continue offering affordable housing or to opt-out of the Section 8 contract and switch to market rent housing. The market rents established in these studies also determine HUD’s expenditures for Section 8 project-based subsidies.
HUD releases 2023 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
HUD releases 2022 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
The Boston Planning & Development Agency (BPDA) recently approved the $1.46 billion redevelopment of Bunker Hill, the largest public housing development in the City of Boston. Development Name: One Charlestown - Bunker Hill Housing Redevelopment
HUD releases 2021 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
HUD releases 2020 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
HUD releases 2019 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
HUD releases 2018 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies …
HUD releases 2017 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies.
The Market Rent Team examine how HUD's requirement for a market rent threshold test will affect Sec. 8 contract renewals …