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'Fallout Would Be Devastating': Trump’s Budget Alarms Affordable Housing Sector
News

'Fallout Would Be Devastating': Trump’s Budget Alarms Affordable Housing Sector

... of the Interior that was ideal for housing development.  But affordable housing developers, owners and their supporters are ... Fund, which provides financing at attractive terms for affordable housing construction and preservation. HUD is also reportedly ...

May 14, 2025
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Apple-Backed $50M Affordable Housing Fund Aims To Build 400 Units In First Round Of Development
News

Apple-Backed $50M Affordable Housing Fund Aims To Build 400 Units In First Round Of Development

... way up while stretching out timelines significantly.” New affordable housing developments often take longer than five years to complete ... ,” Bramson said. “There are thousands of units of affordable housing in the pipeline. We want to bring on more ...

Jul 17, 2024
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The Affordable Housing Panel at Bisnow's San Francisco event discusses how they are facing today's challenges in the sector.
News

Bay Area Affordable Housing Developers Look To Local Elections To Fix Funding Formula

... statewide elections contain consequences for the multifamily and affordable housing projects in the pipeline and in the future ... into place,” Core Builders President Chrissie Davis said. Affordable housing developers spoke in favor of statewide Proposition 1. ...

Feb 20, 2024
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Weekend Interview: EAH Housing’s Bianca Neumann On How We Fund Affordable Housing
News

Weekend Interview: EAH Housing’s Bianca Neumann On How We Fund Affordable Housing

... market-rate developers that included a sufficient amount of affordable housing within their development. And so it's difficult ... . Bisnow: How can local ordinances or laws impede affordable housing development in California? Do you have specific examples that ...

Mar 15, 2024
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Los Angeles Affordable Housing Advocates Work To Stay Afloat Amid Likely Funding Cuts
News

Los Angeles Affordable Housing Advocates Work To Stay Afloat Amid Likely Funding Cuts

... of Los Angeles that depend on housing vouchers. Local affordable housing providers like Bridge Housing CEO Kenneth Lombard are watching ... projects,” said Ted Handel, CEO of Decro, an affordable housing developer. “I think that trying to get federal subsidies ...

May 08, 2025
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Amazon Commits Another $1.4B To Affordable Housing Fund
News

Amazon Commits Another $1.4B To Affordable Housing Fund

... -commerce giant committed to adding another $1.4B to its affordable housing fund, bringing the total fund size to more than $3 ... more than 9,500 units and increased the city's affordable housing stock by 23%. In Puget Sound, Washington, the fund helped ...

Jun 12, 2024
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Fairstead To Renovate Sunnyside Affordable Housing Complex: The Houston Deal Sheet
News

Fairstead To Renovate Sunnyside Affordable Housing Complex: The Houston Deal Sheet

... very low-income families. The property consists of 160 affordable housing units under a project-based Section 8 contract. Rents ... of AMI for the remaining units. Fairstead, a national affordable housing real estate company, will own the property with HHFC. ...

Jul 11, 2025
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72% Of LA's Residential Area Isn't Included In Pending Affordable Housing Plan
News

72% Of LA's Residential Area Isn't Included In Pending Affordable Housing Plan

... Spring told Bisnow. "We cannot solve the housing crisis, the affordable housing crisis or the homelessness crisis unless we can, ... about-face.  Single-family zones are not eligible for affordable housing incentives the city is planning, with some exceptions ...

Jun 11, 2024
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Quail Roost Station Phase I Miami-Dade
News

This Week's South Florida Deal Sheet: Affordable Housing Project In Miami-Dade Opens Doors

... bedrooms, three four-bedrooms and one five-bedroom. The affordable housing units are set at 22% to 80% of the ... Department of Transportation and Public Works, Florida Housing Finance Corp. and Housing Finance Authority.  The county worked in partnership with ...

Apr 28, 2025
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Cedar Woods apartment complex in Hillsboro, Ohio is one of the properties HUD claims was underfunded due to actions from Millennia Cos. CEO Frank Sinito.
News

Federal Agents Search Home Of CEO Of Large Affordable Housing Owner

The founder of one of the largest affordable housing owners in the country had his home raided by ... Cleveland. It was the fifth-largest affordable housing owner in the county last year, according to Affordable Housing Finance.  Sinito is represented by ...

Oct 24, 2024
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