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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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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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Booming Washington City Makes It Easier For Developers To Build Affordable Housing
News

Booming Washington City Makes It Easier For Developers To Build Affordable Housing

... program this summer to better support market-rate and affordable housing development.   “The update of the MFTE program will ... for the MFTE program.” The revisions also consider other affordable housing rules that may exist in certain neighborhoods, allowing ...

Oct 18, 2021
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Denver Pushes Forward With Yet Another Affordable Housing Plan, With More Room For Multifamily Developers
News

Denver Pushes Forward With Yet Another Affordable Housing Plan, With More Room For Multifamily Developers

... development types, funneling the money into the city’s affordable housing fund. The proposal, headed for the legislative process ... a long-held Colorado Supreme Court decision and allow affordable housing requirements to be placed on rental properties.  That ...

Mar 11, 2022
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Infamous Hotel Cecil Reopens As Affordable Housing Project, Hospitality Plans Scrapped As Coronavirus Casualty
News

Infamous Hotel Cecil Reopens As Affordable Housing Project, Hospitality Plans Scrapped As Coronavirus Casualty

... the property held its grand opening as a fully affordable housing project.  Developer Matthew Baron, CEO of Simon Baron ... overall cost has been roughly $75M.  Publicly funded affordable housing projects are regularly required to sign agreements to keep ...

Dec 15, 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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BIPOC-Led Affordable Housing Developers Still Waiting For Promised Investments As Need Grows
News

BIPOC-Led Affordable Housing Developers Still Waiting For Promised Investments As Need Grows

... owned businesses. Goldman Sachs launched its Black Developers Initiative Affordable Housing Fund with a $75M investment.  Panelists named a ... the half-day event touched on the tendency for affordable housing to be narrowed in popular perception to just ...

Aug 24, 2022
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