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N.Y. Senate Advances Bill To Help Fund Conversions Of Distressed Offices And Hotels To Affordable Housing

... Deal reports. “New York has seen a decades-long affordable housing crunch exacerbated by the COVID-19 pandemic and ensuing economic ... tackle the dual problems of distressed properties and lack of affordable housing. I am thrilled this is passing, and that we ...

Jun 10, 2021
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As Winthrop Center Rises, Its Companion Affordable Housing Tower Stalls
News

As Winthrop Center Rises, Its Companion Affordable Housing Tower Stalls

... , too, as the affordable housing is.” The pandemic has accelerated Boston’s emerging affordable housing crisis, Boston City Councilor ... project, drew thousands of applications for its limited affordable housing.  “Granted those applications, some of them were ...

Oct 28, 2020
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Houston’s Lack Of Affordable Housing Is Contributing To Its Unusually High Eviction Rate
News

Houston’s Lack Of Affordable Housing Is Contributing To Its Unusually High Eviction Rate

... for having the most severe affordable housing shortage. The city has 19 affordable housing units for every 100 households ... that require local and state representative approvals for affordable housing developments, according to Akbari. Those requirements are ...

Nov 24, 2020
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Walker & Dunlop Acquiring Alliant Capital And Its $14B Affordable Housing Portfolio
News

Walker & Dunlop Acquiring Alliant Capital And Its $14B Affordable Housing Portfolio

... portfolio of assets under management and its exposure to affordable housing has scored a major victory. Bethesda, Maryland-based  ... affiliates have participated in the development of 100,000 affordable housing units. As of late August, Walker & Dunlop had ...

Aug 31, 2021
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Boston-Area Officials Starting To Permit And Plan Parcels For Affordable Housing Projects Themselves
News

Boston-Area Officials Starting To Permit And Plan Parcels For Affordable Housing Projects Themselves

... municipal officials’ latest attempts to solve an affordable housing crunch with no single or easy solution. “Why ... Sasaki presented residents with three possibilities for affordable housing development around a new Codman Square library branch ...

Nov 10, 2021
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Mid-Atlantic Development Powerhouse Reimagines Affordable Housing Through Community Partnerships
News

Mid-Atlantic Development Powerhouse Reimagines Affordable Housing Through Community Partnerships

... Community Development, one of the largest African American-led affordable housing providers in the country, one key to overcoming ... communities, the company is also the fifth-largest nonprofit affordable housing provider in the country. Despite its size, ECD ...

Feb 01, 2021
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City Council Advances Bill Blocking Redevelopment Of University City Affordable Housing Complex
News

City Council Advances Bill Blocking Redevelopment Of University City Affordable Housing Complex

... offered to seek buyers for the property that would include affordable housing in their plans in exchange for the bill being delayed ... plan for the future of this property that will include affordable housing at the current site.” Central to the protests of ...

Oct 26, 2021
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Institutional Investors Funneling Funds Into Affordable Housing To Hit ESG Targets
News

Institutional Investors Funneling Funds Into Affordable Housing To Hit ESG Targets

... to perform "capital stack gymnastics" to fund affordable housing, TriStar Real Estate Investment founder Margaret Stagmeier said ... and from private investors, adding to the affordable housing stock remains complicated for developers, especially as ...

Nov 22, 2021
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PODCAST: Affordable Housing Experts Weigh In On Biden's Housing Action Plan
News

PODCAST: Affordable Housing Experts Weigh In On Biden's Housing Action Plan

... initiatives aimed at closing the country's housing supply shortfall in half a decade. As ... which has been cited as a restriction on housing supply and a key cause of the ... He has a bully pulpit, I think. Affordable housing is a priority, and to have somebody in ...

May 22, 2022
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Avanath Capital Management CEO Daryl Carter
News

Avanath, MacFarlane Plan $100M IPO For First OZ Affordable Housing REIT

... one project, in Detroit, will be ground-up construction.  Affordable housing is not typically a space that REITs have been interested ... “This REIT offers something different: a way to play affordable housing,” Oxford said. It might also be of interest to ...

Oct 13, 2020
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