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New York Gov. Kathy Hochul speaks in Far Rockaway ahead of the 10th anniversary of Superstorm Sandy, Oct. 28, 2022.
News

Hochul Signs 3 Housing Bills Into Law, Including J-51 Tax Break Replacement

... , as we continue to fight the city’s shortage of affordable housing with every single resource and tool available,” New ... owners as they do to nonprofits and public housing,” Community Housing Improvement Program Executive Director Jay Martin said in ...

Oct 24, 2023
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construction site
News

With Permanence Pending, ED1 Faces Familiar Affordable Housing Roadblocks

... finally making a dent in the city’s shortage of below-market-rate housing. In some cases, developers with market-rate ... . Another third of those required the demolition of existing housing, including rent-controlled units.  This practice is something that ...

Feb 27, 2024
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Stuart Miller
News

Lennar Executive Chairman Stuart Miller On Fixing The Housing Shortfall

... to embrace innovation and begin viewing housing more holistically, said Stuart Miller, the ... housing shortfall, he said. The homebuilding industry is doing what it can to address the shortage ... new one. “That means that this shortage has to be filled by new ...

Nov 09, 2023
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Wage Theft, Tax Evasion And A Labor Shortage: Are Unlawful Contractors Compounding The Housing Crisis?
News

Wage Theft, Tax Evasion And A Labor Shortage: Are Unlawful Contractors Compounding The Housing Crisis?

... is the industry’s labor shortage. If contractors want to solve this issue and get the affordable housing market back on track ... Kersh to learn more about the construction labor shortage, how it’s impacting affordable housing and what Quad C is doing to ...

Apr 15, 2021
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Senior Housing Sector Getting Hit With Depressed Demand, Billions In Loan Maturities
News

With $2B In Maturities Coming By Year's End, Senior Housing Owners Face Fading Demand

... . National Investment Center for Seniors Housing & Care reports that senior housing occupancy in the second quarter of ... primarily around staffing and insurance costs,” Grandbridge Seniors Housing and Diversified Healthcare Finance Group Senior Vice President ...

Sep 04, 2023
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'We're Pretty Optimistic': Walker & Dunlop Execs On Housing, Consumers, Deregulation
News

'We're Pretty Optimistic': Walker & Dunlop Execs On Housing, Consumers, Deregulation

... have new money to invest. signaling that there’s no shortage of capital to go around, Appel said. “We're ... favorable asset class among investors, Zelman said that single-family housing still faces several hurdles, including affordability, higher-for-longer ...

Apr 03, 2025
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Green Oaks Apartments in Palos Hills, Illinois received a $31.8M SDW loan from Fannie Mae.
News

Fannie Mae Launches New Workforce Housing Program

... New York and Los Angeles metro areas have a combined shortage of 1.25 million workforce units, while they lack ... release. "Fannie Mae is addressing the need for workforce housing by providing innovative, attractive programs that create and preserve affordable ...

Oct 13, 2023
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Atlanta Strikes $200M 'Game Changer' Affordable Housing Deal With Local Charities
News

Atlanta Strikes $200M 'Game Changer' Affordable Housing Deal With Local Charities

... wrestle with a mounting housing crisis, with the nation facing a shortage of more than 2 million housing units. It is ... to address affordability. Stagmeier, whose firm develops affordable housing complexes along with special services for residents and their ...

May 02, 2023
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10,000 New Housing Units By 2031? LA Metro Faces Tall Task With Sprawling Development Plans
News

10,000 New Housing Units By 2031? LA Metro Faces Tall Task With Sprawling Development Plans

... estimated that the LA area has a shortage of about half a million affordable homes ... Metro’s past efforts to create housing have fallen short of providing what ... it is a push for deeply affordable housing, pushback against it or something totally different ...

Sep 26, 2023
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NYC apartments
News

Affordability Expiring On Nearly 200,000 U.S. Housing Units In Next 5 Years

... has called for the extension of LIHTC deadlines so affordable housing projects that were paused by public health, supply chain and ... 's dire lack of rental housing. The U.S. has a shortage of 7.3 million affordable housing units, according to the Urban ...

Jul 11, 2023
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