New Orleans Area Habitat for Humanity explores living smaller to address affordable housing needs (sponsored)
New Orleans Area Habitat explores the future of smaller, more efficient homes. New Orleans and the rest of the country are experiencing an acute affordable housing crisis. Developers everywhere are searching for answers. The National Association of Homebuilders (NAHB) estimates that, nationally, 75.1 million households (roughly 60%) are unable to afford a median-priced ($346,577) new home and 40.3% of U.S. households can only afford a home priced $175,000 or less. A New Orleans area median priced home is $300,004 (61% of 490,967 total residents cannot afford).