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Miami Is America's Hardest City for Poor Renters, HUD Study Says

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Last year, the Miami- Dade County Commission shot down a plan that would have forced local developers to include some affordable apartments in every new project. Commissioner Javier Souto claimed the idea was "social engineering," one of the most profoundly stupid things said in South Florida politics this decade. According to the study, almost two-thirds of Miami's poor are stuck spending more than half of their income on rent or living in roach-infested hellholes. "These households are defined as very low-income renters who do not receive government housing assistance and who paid more than one-half of their income for rent, lived in severely inadequate conditions , or both," HUD's researchers write. "High rents in proportion to renter incomes remain dominant among households with worst-case needs, leaving these renters with substantial, unmet need for affordable housing." Larger cities, including New York, Los Angeles, and Chicago, techn...

Taking a look at high-rise construction in Chicago’s South Loop

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Chicago’s South Loop neighborhood continues to buzz with construction activity. Thanks to its proximity to the city’s central business district , top parks, cultural attractions, and multiple colleges, the area has been especially hot for new rental projects . South Loop hotel construction is also strong as the Metropolitan Pier and Exposition Authority works to expand and transform McCormick Place into a new entertainment and hospitality hub dubbed ‘McCormick Square.’ Here is the latest look at eleven projects under-construction or newly completed in Chicago’s hot South Loop . ↑ One Grant Park Expected to rise well over 800 feet into the air, One Grant Park will be impossible to miss when when it creates a new peak at the south end of downtown Chicago’s skyline. Designed by Rafael Viñoly Architects, the 76- story building broke ground in early 2017 and has been quickly climbing at the corner of Roosevelt and Indiana. The skyscraper will deliver 792 rental apartments . A second...