Fehintola Abioye

Several stories of communities developing their own solutions to environmental and climate-related challenges are profiled in “What’s Possible: Investing NOW for Prosperous, Sustainable Neighborhoods,” a collection of essays published by Enterprise, LISC, and The Federal Reserve Bank of New York.

Harvard's Joint Center for Housing Studies’ (JCHS) 2024 State of the Nation's Housing report finds that, between 2020 and early 2024, rents for professionally managed apartments increased by 26%, even as rent growth relaxed to just 0.2% year-over-year in early 2024.

Earlier this year, the Biden-Harris administration announced a set of actions intended to address racial bias in the home appraisal process. The announcement followed a two-year effort led by the Interagency Task Force on Property Appraisal and Valuation Equity (PAVE), an inaugural task force comprised of 13 federal agencies and offices directed to evaluate the causes, extent, and consequences of appraisal bias, as well as establish recommendations to eliminate racial and ethnic bias from the home valuation process. The task force found that the legacies of past racist housing policies, along with industry practices that reinforce negative perceptions of neighborhoods with high concentrations of Black, Indigenous, and other people of color contributed to the under-valuation of homes in majority-BIPOC neighborhoods and the loss of billions of dollars in wealth for their owners.