Secretary Carson to lead White House Opportunity and Revitalization Council
Today, President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson. The Council’s 13 Federal member...
Madison Place Luxury condominium community in Madison, NJ receives LEED Silver Certification
Madison Place, the brand new collection of 35 luxury condominium residences just steps from the heart of vibrant downtown Madison, announced today that it has received Leadership in Energy and Environmental Design (LEED®) Silver...
Property professionals see former retail premises as biggest untapped resource for new residential housing...
Two-thirds (66 percent) of property professionals in the UK believe former retail premises could be the biggest untapped resource for new residential development, according to a survey by MRI Software, a global leader in...
Most Americans cite a housing affordability crisis nationwide and close to home
Nearly three out of four American households believe that the nation is suffering a housing affordability crisis, and a majority of respondents reported this is a problem at their local and state level as well, according to...
Unconstitutional tenant relocation scheme hurts families, housing
When the Air Force assigned Lyndsey and Sharon Ballinger to Washington, D.C., in 2015, the Ballingers kept their Oakland, California, house and rented it out on a month-to-month lease so they could move back....
Gebroe-Hammer Associates: Owners are seizing the state of multifamily’s bull market to sell apartment...
At a time when Union County, N.J., multifamily property owners are commanding higher concession-free rents than in the past, a flurry of long-term owners are “seizing the state of the bull market” to shed...
Statement from NAHB chairman Randy Noel and HBI incoming president and CEO Ed Brady...
Randy Noel, chairman of the National Association of Home Builders (NAHB) and Ed Brady, incoming president and CEO of the Home Builders Institute (HBI), issued the following joint statement regarding the First Step Act: "NAHB commends Republicans and...
FHA releases 2018 annual report to Congress
The Federal Housing Administration (FHA) today released its 2018 Annual Report to Congress on the economic condition of the agency's Mutual Mortgage Insurance Fund (MMI Fund). FHA reports that at the end of Fiscal...
The Community Preservation Corporation launches financing guide for small multifamily building projects
The Community Preservation Corporation (CPC), a leading nonprofit affordable housing and community revitalization finance company, announced the launch of Start Small: A guide to financing small multifamily building projects. CPC created this straightforward guide...
Special Delivery: 2018 NMHC/Kingsley Package Delivery Report
Just in time for the holiday delivery season, the 2018 National Multifamily Housing Council (NMHC)/Kingsley Package Delivery Report unpacks the industry’s response to rapid, continued growth of e-commerce. This holiday shopping season, retailers such as...
Statement from NAHB Chairman Randy Noel on 2018 midterm elections
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement regarding the 2018 midterm elections: "With the 2018 midterm elections behind us, NAHB...
In a critical victory for the multifamily industry, California voters defeat Prop 10
Statement from National Multifamily Housing Council (NMHC) CEO Doug Bibby on California Ballot Initiative Proposition 10: “California voters sent a resounding message yesterday that rent control is not the answer to solving the housing affordability...
New research compares student housing costs
NMHC and RealPage recently released new research that evaluates cost differences between on-campus and off-campus housing. The study, focusing on 22 universities around the country, found that despite frequently charging lower rents, on-campus dorms...
Metro Denver rents decrease in the third quarter
Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter, according to the Denver Metro Area Apartment Vacancy...
Multifamily decline pushes overall housing starts down in September
Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and...
