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Pennrose Execs Form New Affordable Housing Investment Firm
News

Pennrose Execs Form New Affordable Housing Investment Firm

... offices and other relationship-dependent sources of capital. “[Affordable housing] usually takes six sources of capital and as many ... two years,” Salmons said. The time when an affordable housing subsidy expires is laden with potential controversy, as the ...

Jan 27, 2023
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The U.S. Lost Half A Million Affordable Housing Units Since Pandemic Onset
News

The U.S. Lost Half A Million Affordable Housing Units Since Pandemic Onset

The U.S. shortage of affordable housing, bad enough before the pandemic, has only gotten worse since ... renters nationwide, or about 8% of the total stock. Many affordable housing properties for that income group, which were funded via Low ...

May 12, 2023
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Bronzeville Lakefront Rendering
News

South Side Projects Commit To Affordable Housing, But Gentrification Concerns Remain

... about gentrification and have been fighting to keep affordable housing options in Woodlawn as developers see investment ... other community organizations have continued to push for affordable housing and community benefits agreements to extend to other ...

Mar 31, 2023
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Public-Private Partnerships Bridging The Gap For Affordable Housing, Major Education Projects
News

Public-Private Partnerships Bridging The Gap For Affordable Housing, Major Education Projects

... Management.  “We were able to create 680 units of affordable housing in 90 days,” Williams told the audience at Bisnow’s ... unit asset in Baldwin Village. The aging property was unofficially affordable housing, but it was also a likely target for purchase by ...

Aug 01, 2024
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'Double Whammy' Coming For LA Affordable Housing In Next 5 Years
News

'Double Whammy' Coming For LA Affordable Housing In Next 5 Years

... what is often called unsubsidized affordable housing, or naturally occurring affordable housing.  While subsidized units often get ... you need to know about affordable housing, come to Bisnow's Los Angeles Affordable Housing Development & Finance event on ...

Jun 20, 2022
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Mayor Wu signing an executive order to streamline approvals for affordable housing.
News

Wu Directs BPDA To Accelerate Approvals For Affordable Housing

... order Thursday to speed up the approval process for affordable housing in the city. The order directs the Boston ... has four other components: addressing zoning challenges, prioritizing affordable housing in the development review process, creating a system ...

Oct 06, 2022
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affordable housing
News

‘Not A Competition, But A Human Right’: Auburn University Event To Explore Affordable Housing

... program educates its graduate students about issues impacting affordable housing. Its curriculum includes courses on project management ... to participate in the affordable housing space. MRED also offers workshops on affordable housing and partners with ...

Apr 04, 2022
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Last-Minute Albany Deal Revives Key Affordable Housing Tax Abatement Replacement
News

Last-Minute Albany Deal Revives Key Affordable Housing Tax Abatement Replacement

... the form of a replacement called the Affordable Housing Rehabilitation Program, The Real Deal reports. The ... to rental buildings if they are 50% affordable, receive “substantial” government assistance or fall ... doesn’t help more affordable housing get built.

Jun 13, 2023
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Baltimore To Award $11M To Developers For Affordable Housing
News

Baltimore To Award $11M To Developers For Affordable Housing

... Baltimore voters approved a charter amendment establishing the Affordable Housing Trust Fund. However, the charter amendment didn ... a funding mechanism.  A protracted battle between affordable housing advocates and former Mayor Catherine Pugh's ...

Feb 09, 2023
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JLL Jumps Into Affordable Housing Fray With New National Division
News

JLL Jumps Into Affordable Housing Fray With New National Division

... even more.” JLL previously worked in affordable housing through its multi-housing practice. The new practice will ... amount of new affordable and workforce housing developments.” Despite a national need for affordable housing, and more housing in general, ...

Apr 18, 2022
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