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Affordable Housing Financing Could Loosen Up, As Biden Administration Acts ‘Where It Can’
News

Affordable Housing Financing Could Loosen Up, As Biden Administration Acts ‘Where It Can’

... Partners, one of the nation’s largest affordable housing nonprofits, called strengthening LIHTC the most important lever ... HUD grants to increase accessibility to affordable housing. “The rising costs of housing, including extraordinary rent increases for ...

Oct 09, 2022
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Affordable Housing Development Breaks Ground Near Levi’s Stadium
News

Affordable Housing Development Breaks Ground Near Levi’s Stadium

... Google. Project proponents say they intend to expand affordable housing for a region plagued by persistently high rents.  ... at $850.  “Santa Clara is working to increase affordable housing opportunities across the city, especially near transit,” Santa Clara ...

Mar 08, 2023
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New York City construction site in Harlem
News

Affordable Housing Is Getting Squeezed By Construction Cost 'Emergency'

... up materials costs and eating into margins. In the affordable housing space, developers, contractors and investors are sharing the ... . Mayor Eric Adams added an additional $5B toward affordable housing in his proposed budget's 10-year capital expenditure ...

Jun 05, 2022
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Downtown San Jose
News

Affordable Housing Component Of San Jose Development Gets Fresh Funding

... Properties received another infusion of capital to build 135 affordable housing units in downtown San Jose as a state committee ... County, the city of San Jose and California’s Affordable Housing and Sustainable Communities program, totaling $70.95M. All ...

Jan 09, 2023
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Affordable Housing: The New £10B-A-Year Investment Market That Might Not Happen
News

Affordable Housing: The New £10B-A-Year Investment Market That Might Not Happen

... of private and public funding can reshape affordable housing. To increase affordable housing delivery to 145,000 new homes per ... a first step, the government keep the existing affordable housing rental settlement until 2035, giving investors stability and ...

Mar 01, 2022
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Affordable Housing Assets Are Less Affordable As The Market Surges
News

Affordable Housing Assets Are Less Affordable As The Market Surges

... assets in Boston, where investors are pricing out affordable housing developers for scarce assets and even scarcer developable ... , senior acquisitions manager at the Preservation of Affordable Housing. Inflation is also going to hurt multifamily developers ...

Nov 09, 2021
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solar panels
News

Affordable Housing Developers Eye Massive Funding Increase For Energy Efficiency In Biden's Budget

... incentives for early investments in energy efficiency for affordable housing. Up until that point, most discussions, programs ... to integrate energy efficiency and green technology in affordable housing, as it’s more expensive than traditional energy ...

Jun 15, 2021
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Japantown
News

Affordable Housing Developers Brace For Funding Hit As Pandemic Lingers

... said Larry Florin, CEO of North Bay affordable housing developer Burbank Housing. “The problem is they’re also one-time ... , which allocates private activity bonds used to finance affordable housing and other projects. Dwell San Jose Managing Partner Michelle ...

Nov 01, 2020
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Joe Biden
News

Affordable Housing Advocates Laud Passage Of 'Historic' Social Safety Bill

... addresses the climate, healthcare, and, according to affordable housing advocates, its fraying social safety net. The bill ... Credit and the Earned Income Tax Credit, funding affordable housing and expanding homeownership, and providing support for small ...

Nov 19, 2021
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SoLa Impact founder and CEO Martin Muoto at SoLa's Beehive coworking campus in South Los Angeles
News

Affordable Housing, Developers Of Color Need Each Other, But Also So Much More

... less frequently than White-owned businesses. The affordable housing sector alleviates some of those issues through federal ... Tomasetti said. Perhaps the most common misconception that affordable housing developers bring to community relations is their idea ...

Jul 13, 2021
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