NEW REPORT DETAILS GROWING CHALLENGES FOR FAMILIES TO MEET RISING HOUSING AND TRANSPORTATION COSTS IN MAJOR METRO AREAS NATIONWIDE

Detailed findings for 25 largest U.S. metropolitan areas includes data on cost variations within metro areas, impacts of growing costs of place on household budgets and policies that can help

WASHINGTON, DC – October 12, 2012 – (RealEstateRama) — On Thursday, Oct. 18, 2012, the Center for Housing Policy—the research affiliate of the National Housing Conference—and the Center for Neighborhood Technology will discuss the findings of a new report, Losing Ground: The Struggle of Moderate-Income Households to Afford the Rising Costs of Housing and Transportation, that details the challenges that American households face as the combined costs of housing and transportation consume an ever-larger share of household incomes. In addition, case studies detail the immense variation in cost burdens within metro areas and the impacts of growing cost burdens on the household budgets of typical families.

Speakers for the telebriefing are:

• Scott Bernstein, President, Center for Neighborhood Technology
• Peter M. Haas, Ph.D., Chief Research Scientist, Center for Neighborhood Technology
• Jeffrey Lubell, Executive Director, Center for Housing Policy
• Chris Estes, President and CEO, National Housing Conference

The telebriefing will be from 11 am – 12 pm EST. Sign up for the telebriefing here.

To read an embargoed copy of the report now, contact:

Also available—detailed analysis of housing and transportation cost burdens in the following metro areas: Chicago, Houston, Philadelphia, Los Angeles, Miami, New York, Washington, D.C.

The 25 largest U.S. metro areas covered in the report: Atlanta, Baltimore, Boston, Chicago, Cincinnati, Dallas-Fort Worth, Denver, Detroit, Houston, Los Angeles, Miami, Minneapolis, New York, Philadelphia, Phoenix, Pittsburgh, Portland, Riverside-San Bernardino, Sacramento, San Diego, San Francisco-Oakland, Seattle, St. Louis, Tampa-St. Petersburg, Washington, D.C.

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About the Center for Neighborhood Technology

Since 1978, Center for Neighborhood Technology (CNT) has been a leader in promoting urban sustainability—the more effective use of existing resources and community assets to improve the health of natural systems and the wealth of people, today and in the future. CNT is a creative think-and-do tank that combines rigorous research with effective solutions. CNT works across disciplines and issues, including transportation and community development, energy, water, and climate change.

About the Center for Housing Policy

The Center for Housing Policy is the research affiliate of the National Housing Conference (NHC) and specializes in developing solutions through research. In partnership with NHC and its members, the Center works to broaden understanding of the nation’s housing challenges and to examine the impact of policies and programs developed to address these needs.

About the National Housing Conference

As the United Voice for Housing, the nonprofit National Housing Conference (NHC) has been dedicated to helping ensure safe, decent and affordable housing for all in America since 1931.

Austin Millet

cell: 708-927-8082

http://figurativeink.wordpress.com/

Communications Intern for Center for Neighborhood Technology