Housing Shortage Update - Summer 2022
2 Aug 2022
News
After two grueling pandemic years, a weary world rang in a tumultuous 2022. With rapid inflation, stock market volatility, and the global ripples caused by an excruciating war in Europe, the only certainty seems to be uncertainty. The current housing market is compounding those challenges in the United States. Thanks to pandemic shutdowns, labor shortages, and supply chain issues, housing inventory at the end of 2021 was already low. With a shortage of approximately 1.5 million homes, there is less inventory to rent or buy than there has been at any time in the past 30 years.
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The Nebraska Department of Economic Development (DED) will host Community Development Block Grant (CDBG) Certified Administrators Provisional Training on October 18-21, 2022. Completing the course is a requirement for those who have not previously completed the training and wish to administer CDBG grants in Nebraska.
DED administers federal CDBG...
Prices are rising (8.6%, to be exact). This isn’t news. We see it at the grocery store, car dealership, and especially at the pump.
But thanks to a mix of slowed business growth and rising labor costs, we’re starting to see something new. Companies like Tesla, Netflix, Wells Fargo,...
Five students studying at a North Carolina university will explore campus this summer as guests of Creighton University.
The five are all sophomores enrolled at North Carolina Agricultural and Technical State University in Greensboro, North Carolina, which was founded in 1891 and is among the nation’s oldest historically Black...