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How One Bank Is Working To Solve The Affordable Housing Crisis
News

How One Bank Is Working To Solve The Affordable Housing Crisis

... Financing  Rosen said the first step for affordable housing, whether new developments or preservation/renovation projects, ... Existing Units/Naturally Occurring Affordable Housing  Challenges lie not only in creating new affordable housing, but in preserving ...

Aug 26, 2021
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New Right-To-Buy Policies Could Put Chill On £10B Annual Investment In Affordable Housing
News

New Right-To-Buy Policies Could Put Chill On £10B Annual Investment In Affordable Housing

... investors are attracted by the stable returns offered by affordable housing. But the new proposal must be carefully constructed ... this challenge by diverting government funding away from new affordable housing supply. The government has said it will ensure ...

Jun 09, 2022
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Mayor Michelle Wu at a press conference about new affordable housing investments in the city.
News

Boston Selects 17 Affordable Housing Projects To Receive $67M In New Investments

... Michelle Wu is directing more money to affordable housing with new investments in more than a ... the Mayor's Office of Housing, said the city permitted 1,300 new affordable units last year, one ... sustainable revenue sources to fund our affordable housing."

Feb 16, 2023
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Visitors walk around the former Johnson & Wales campus in Park Hill
News

Denver Grants $3.85M Loan For 154-Unit Affordable Housing Project On Former Johnson & Wales Campus

... Land Conservancy, a nonprofit that works to preserve access to affordable housing and office space in the Denver metro area, purchased  ... of the campus to Denver Public Schools and the Denver Housing Authority, respectively. ULC still owns the east side of ...

Dec 19, 2022
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The Huntwood Courts apartments at 5000 Hunt St. NE
News

JBG Smith-Backed Affordable Housing Nonprofit Acquires First D.C. Property

... into Amazon's vision to invest millions of dollars in affordable housing near HQ2. JBG Smith, Amazon's development partner and ... private entities in the region to direct money toward affordable housing in anticipation of the massive influx of workers HQ2 ...

Dec 14, 2021
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Daly City California
News

School Districts Eyeing Affordable Housing Projects As Teacher Incentive

... in their efforts to recruit and retain educators: providing affordable housing. The Jefferson Union High School District — a California ... Hartford, Connecticut. “It’s meant to be moderate, affordable housing … right there in the heart of downtown. There's ...

Jul 21, 2022
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New Heights Affordable Housing Development Targets Local Seniors
News

New Heights Affordable Housing Development Targets Local Seniors

... in need of low-cost and affordable housing. To that end, the city has completed several affordable housing developments and is in the construction ...

Jul 21, 2022
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Illinois Property Tax Incentive Could Change The Game For Affordable Housing Development
News

Illinois Property Tax Incentive Could Change The Game For Affordable Housing Development

... will fundamentally change the way developers approach affordable housing in this state,” Related Midwest President ... years brought together property owners, community groups, affordable housing advocates, developers and government agencies, including Cook ...

Jan 19, 2022
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Former NYC Deputy Mayor Raises Fund To Back Affordable Housing Developers
News

Former NYC Deputy Mayor Raises Fund To Back Affordable Housing Developers

... launched a new fund aimed at providing financing to affordable housing developers, kicking off with $20M in seed capital ... announcing the fund. “New York City desperately needs more affordable housing,” Glen, the founder and managing partner of MSquared, ...

Oct 25, 2022
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Dwindling Affordable Housing Options Could Set Houston Back On Homelessness
News

Dwindling Affordable Housing Options Could Set Houston Back On Homelessness

... completely unhoused, Houston lacks 1,900 permanent affordable housing units that could significantly reduce homelessness among individuals ... a systemic approach to help landlords tap into affordable housing funding. "A creative stacking of funding sources ...

Nov 29, 2021
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