CALDWELL, Idaho (CBS 2) — U.S. Senator Mike Crapo invited U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson and local Boise leaders to discuss affordable housing challenges in Idaho.
This may be in response to the price of Boise homes; it keeps rising.
The median price for a house in Ada County is now around $354,000, according to the Intermountain Multiple Listing Service (MLS). Five years ago, the median price was about $205,000.
“Addressing the housing affordability crisis requires innovative, outside-the-box approaches, as well as collaborative efforts at the local, state and federal level, and public/private partnerships,” explains a press release from Crapo.
Boise’s rent prices are also on the rise leading state and national averages.
“Housing affordability is a critical issue in Idaho and all across the country,” explains a press release from Crapo. “Nationwide, there is a shortage of millions of affordable rental homes available to lower-income Americans, and the gap between the demand for affordable homes and the supply of new ones being built increases each year.”
Crapo will host multiple events:
indieDwell
Who:
U.S. Department of Housing and Urban Development Secretary Ben Carson
U.S. Senator Mike Crapo, Chairman of the Senate Banking Committee
Caldwell Mayor Garret Nancolas
Gerald M. Hunter, President and Executive Director of the Idaho Housing and Finance Association
Scott Flynn, founder and CEO of indieDwell
What: indieDwell factory tour, media availability.
Where: 3520 Arthur St., Caldwell, ID 83605
When: Monday, August 12, 9:30 AM MT
12th River Street Senior Apartments
Who:
U.S. Department of Housing and Urban Development Secretary Ben Carson
U.S. Senator Mike Crapo (R-Idaho), Chairman of the Senate Banking Committee
Senator Cherie Buckner-Webb, Idaho Legislature
Gerald M. Hunter, President and Executive Director of the Idaho Housing and Finance Association
What: Brief remarks, media availability.
Where: 514 South 12th Street, Boise, ID 83702
When: Monday, August 12, 11:00 AM MT
