Housing authorities notified landlords this week that they wouldn't be getting paid on time. HUD said the government shutdown is responsible for the delay.
Fort Worth City Council increased a planned bond proposition to support affordable housing initiatives from $5M to $10M during its meeting Tuesday.
The city lost a legal battle over one of these projects, but it's not giving up yet.
Fallout from layoffs and stalled payments is expected to worsen if the shutdown drags on.
Covenant Capital Group's latest fund-raise was the most successful in its 25-year history and includes $270M to preserve affordable housing across the Sun Belt.
HUD and USDA eliminated federal requirements that public housing authorities and affordable housing landlords give tenants 30 days' notice ahead of an eviction.
The Flatbush portfolio last changed hands in 2020 for $81.5M.
Charlotte's CRE leaders discuss which trends will drive development in 2018.
The five trends will have a big impact on San Francisco's CRE in 2018.
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