Affordable Housing News: May 2025

May 2025 brought a mix of policy shifts, community initiatives, and market trends in the U.S. affordable housing landscape. From legislative changes and innovative housing solutions to challenges in funding and construction, these developments highlight the ongoing efforts to address housing affordability across the nation.

1. Nevada Legislature Passes Measures to Boost Middle-Income Housing

Nevada’s 2025 legislative session concluded with several housing-related wins. Governor Joe Lombardo secured funding for new “attainable” housing targeted at middle-income residents. Lawmakers also passed a pilot rent cap for seniors and new renter protections.
More on AP News

2. Wendy’s Village in Colorado Springs Offers Affordable Housing for Educators

In Colorado Springs, a tiny home development called Wendy’s Village is nearing completion. Built by We Fortify in collaboration with the Harrison School District, the project offers fully furnished, 352-square-foot homes to educators at $825 per month, helping address the region’s housing shortage.
More on The Sun

3. Trump Administration Proposes Work Requirements for Housing Assistance

The Trump administration and congressional Republicans are pushing to expand work requirements across major federal aid programs, including housing assistance through HUD. Critics warn the move could burden vulnerable families and disrupt access to stable housing.
More on Washington Post

4. Houston Redirects Disaster Funds Away from Housing Repairs

Despite identifying $230 million in unmet housing repair needs after Hurricane Beryl, Houston’s latest recovery plan proposes using disaster funds for infrastructure and public safety instead. Housing advocates have raised alarms about neglecting critical repair needs for low-income households.
More on Houston Chronicle

5. McAllen, Texas, Named Top Housing Market for First-Time Buyers

McAllen ranks as the most favorable housing market in the U.S. for first-time buyers, according to SmartAsset. With a median home sale price around $204,000 and strong forecasted appreciation, the city offers affordable, sustainable pathways to homeownership.
More on MySanAntonio

6. Elmhurst, Illinois, Emerges as a Desirable Suburb with Affordable Housing

Elmhurst, located just west of Chicago, is drawing new residents thanks to its balance of affordability, strong schools, and vibrant amenities. With median home prices around $500,000, it’s more accessible than Chicago proper while offering suburban benefits.
More on New York Post

7. Jersey City Breaks Ground on Bayfront Project with 80% Affordable Housing

Construction began on the Bayfront Promenade in Jersey City—a major mixed-use development where 80% of the 210 residential units will be affordable. The site, once industrial, will be transformed into a community-oriented waterfront neighborhood.
More on Wikipedia

8. Charlotte’s Brooklyn Village Revamped to Prioritize Affordable Housing

Charlotte’s Brooklyn Village redevelopment plan has been updated to include 250 permanently affordable housing units. The effort honors the memory of a historically Black neighborhood displaced during urban renewal, offering long-term affordability commitments.
More on Wikipedia

9. Yardi Matrix Reports Stability in Affordable Housing Sector

A new Yardi Matrix report found that the affordable housing sector is showing resilience, thanks to strong demand and favorable financing. While some uncertainty remains around federal policy, the segment has avoided the volatility seen in the market-rate space.
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10. U.S. Affordable Housing Completions Expected to Peak in 2025

Affordable housing completions are projected to hit a record high of over 78,000 units in 2025—a 12% increase from the previous year. However, forecasts for 2026 predict a downturn, underscoring the need for continued investment and legislative support.
More on Housing Finance.S.