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REBNY Says NYC's Rental Housing Construction Fell By 68% In Q3
News

REBNY Says NYC's Rental Housing Construction Fell By 68% In Q3

... . NYC is still growing, exacerbating the severity of its housing shortage. According to REBNY, the city needs to build an ... Steinberg said in a statement. “We face a severe housing shortage that is only getting worse.” Overall new building filings were ...

Dec 15, 2022
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Affordable Housing Providers See More Money Coming From Pension Funds, International Sources
News

Affordable Housing Providers See More Money Coming From Pension Funds, International Sources

... Angeles. In Europe, they really understand covenanted affordable housing, whereas American pensions “have a bad image ... .”  Spear, whose nonprofit organization holds regulated affordable housing properties across California and Texas, touted the incredible ...

May 24, 2024
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New York City Mayor Eric Adams onstage at his 2024 State of the City address.
News

Adams, Construction Unions To Partner On $400M Workforce Housing Development Fund

... partnership will lead to the development of affordable workforce housing under negotiated Project Labor Agreements that will create ... administration to turn around the city's dire affordable housing shortage. By some measures, apartment vacancy in the city ...

Mar 08, 2024
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Are International Investors Really To Blame For Ireland's Housing Crisis?
News

Are International Investors Really To Blame For Ireland's Housing Crisis?

... to gloss over some of the core causes of the housing shortage. The housing supply issue is partly rooted in the collapse of ... skills and labour shortage.  Ireland’s future may indeed see a larger slice of state intervention in the housing market. However, ...

Jun 20, 2022
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Maryland Gov. Wes Moore speaking at Bisnow's Rise of Downtown Columbia event Nov. 9.
News

Gov. Moore, Lawmakers Push Housing Fixes At Start Of Legislative Session

... demand. The result is a staggering housing shortage of approximately 96,000 housing units — and counting." Maryland lawmakers ... bill to expedite local development review processes for affordable housing projects.  The legislation, designated House Bill 3, ...

Jan 10, 2024
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San Francisco Voters Pass Affordable Housing Bonds, Conversion Tax Exemption
News

San Francisco Voters Pass Affordable Housing Bonds, Conversion Tax Exemption

... . San Francisco has a severe housing shortage, and the city must permit 82,000 new housing units by 2031 to meet state ... regulatory and local ordinance barriers that make developing and building housing in the city onerous. Not all buildings make great ...

Mar 11, 2024
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With Housing Affordability Hitting Crisis Levels, Developers Lean Into Public-Private Partnerships
News

With Housing Affordability Hitting Crisis Levels, Developers Lean Into Public-Private Partnerships

... DFW is not alone — across the nation, a record housing shortage is driving affordability challenges. New home starts soared in 2021 ... the only way Dallas can successfully tackle its affordable housing shortage during a recession, Kelcher said. But the clock ...

Sep 05, 2022
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Arlington Is Hitting Its Housing Target, But Affordability Concerns Aren't Going Away
News

Arlington Is Hitting Its Housing Target, But Affordability Concerns Aren't Going Away

... week at the Hyatt Regency Crystal City.  The housing shortage, specifically a paucity of units affordable for service ... and Economic Development Paula Sorrell said. Creating affordable housing in today’s market requires creative solutions, Insight Property ...

Apr 25, 2024
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New York Gov. Kathy Hochul speaks in Far Rockaway ahead of the 10th anniversary of Superstorm Sandy, Oct. 28, 2022.
News

'Big Bang Of Housing': N.Y. Passes Budget Deal With Development Tax Break, Good Cause Eviction Protection

... program, developers can get going with adding housing supply immediately. Housing advocate Fee expressed similar feelings. “I ... to individual apartment increases,” Association for Neighborhood Housing and Development Director of Organizing and Advocacy Emily ...

Apr 20, 2024
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Adams Considering Cutting Regulations To Spur More Affordable Housing
News

Adams Considering Cutting Regulations To Spur More Affordable Housing

... Eric Adams' administration, faced with a dire citywide housing shortage and a major slowdown in affordable production, is considering ... review that they have to go through today.” The housing shortage is under even greater scrutiny than usual, with rents ...

Oct 27, 2022
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