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Cambridge-based Just A Start acquired two parking lots near Porter Square in hopes of building affordable housing.
News

This Week's Boston Deal Sheet: Cambridge Lots Sell To Affordable Housing Developer

... hasn't finalized its plans but said it envisions affordable housing with ground-floor retail.  “This acquisition offers a ... rare opportunity to bring affordable housing to a prime location, strengthening Cambridge’s diverse and ...

Dec 02, 2024
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Hudson Valley Property Group Expands Affordable Housing Mission To Chicago With $61M Acquisition
News

Hudson Valley Property Group Expands Affordable Housing Mission To Chicago With $61M Acquisition

... Authority] to bolster the city’s supply of quality, affordable housing in a time of increased demand.” The $61M deal will ... its funds have leveraged more than $2B of investment into affordable housing, preserving more than 10,200 units across 60 properties.

Nov 30, 2022
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Who Lives In Affordable Housing? A Person, Not A Number
News

Who Lives In Affordable Housing? A Person, Not A Number

... what these projects can inadvertently take away — namely, affordable housing. That is the case in Arlington County, Virginia, ... your side — the lenders, investors, local governments and affordable housing advocates — will quickly see that you're not truly ...

Feb 08, 2022
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beach umbrellas
News

Beach Enclaves Of The Rich And Famous Are Building Something Unexpected: Affordable Housing

... Coast beach destinations known for a lack of housing options passing affordable housing plans over the last six months. In ... favorably on a 16-unit affordable housing project at 395 Pantigo Road, the third affordable housing project moving forward in the ...

May 25, 2023
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Hurricane Ian damage
News

Why Disasters Like Ian Punish Affordable Housing Stock In Particular

... Ian have both immediate and longer-term impacts on affordable housing markets. After Ian, many homeowners and renters were ... caused by Hurricane Ian has exacerbated the already-dire affordable housing crisis in Lee County, dramatically increasing the amount ...

Oct 17, 2022
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2,500 Groups Urge Congress To Pass Affordable Housing Legislation As Economy Keeps People Renting
News

2,500 Groups Urge Congress To Pass Affordable Housing Legislation As Economy Keeps People Renting

... to skyrocket is to build and preserve more affordable housing with the Housing Credit,” Jennifer Schwartz, ACTION Campaign co-chair ... Abt Associates cited by ACTION.  The call for more affordable housing comes as rent growth slowed somewhat in October, ...

Nov 21, 2022
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Not Everyone Agrees Affordable Housing Is The Answer To LaSalle Street's Woes — Even Those Lining Up To Bring It
News

Not Everyone Agrees Affordable Housing Is The Answer To LaSalle Street's Woes — Even Those Lining Up To Bring It

... given federal and state regulatory guidelines for developing affordable housing. The better option might be to just tear ... proposals under consideration meet the city’s 30% affordable housing requirement except Celadon Partners and Blackwood Group’s proposal ...

Mar 09, 2023
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NMHC President Sharon Wilson Géno, joined by NMHC Vice Chair and CEO of Continental Properties, James Schloemer, briefs NMHC members on the state-of-play in Washington
News

Weekend Interview: New NMHC President Sharon Wilson Géno On Rent Control, Affordable Housing

... state and local officials with solutions" to bring more affordable housing without the need for policies like rent control that ... , Wilson Géno told Bisnow that she has prioritized affordable housing, something that she considers a crisis across the nation ...

Mar 24, 2023
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NYC's Affordable Housing Production Fell By 45% Last Year
News

NYC's Affordable Housing Production Fell By 45% Last Year

... executive director of the New York Housing Conference, an affordable housing advocacy group. Construction costs, caused by ... cited as the primary factor stymying affordable housing production. Affordable housing developers have been sounding the alarm for ...

Sep 20, 2022
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Philadelphia Gets $3.5M For Former Tenants And Land For New Affordable Housing In Zoning Settlement
News

Philadelphia Gets $3.5M For Former Tenants And Land For New Affordable Housing In Zoning Settlement

... let the 70-unit UC Townhomes' 40-year affordable housing contract with the Department of Housing and Urban Development expire in 2021, clearing ... the parcel for the development of a new 70-unit affordable housing project. IBID also agreed to pay the city $3. ...

Apr 19, 2023
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