Affordable housing is housing which is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index.
Tag: affordable housing
NHPF purchases Woodmont Crossing Apartments
The NHP Foundation (NHPF), a national not-for-profit dedicated to preserving and creating sustainable, service-enriched multifamily housing, has acquired the 176-unit Woodmont Crossing Apartments. The...
Community Preservation Corporation announces partnership with Xenolith Partners LLC to invest in affordable housing...
The Community Preservation Corporation (CPC) announced today it is committing up to $3 million to Xenolith Partners LLC (Xenolith), a certified minority- and women-owned...
The Michaels Organization Educational Foundation announces resident scholarship opportunities
The Michaels Organization Educational Foundation, the non-profit affiliate of The Michaels Organization, is now accepting applications for its college scholarship program for the 2018-2019...
Evergreen Real Estate Group celebrates groundbreaking of 2 co-located library/senior housing projects on Chicago’s...
Evergreen Real Estate Group recently celebrated the groundbreaking of two co-located housing and library projects it is developing in partnership with Mayor Rahm Emanuel,...
The missing middle
When there is no middle class, and the poor greatly exceed in number, troubles arise, and the state soon comes to an end. -...
California’s answer to its housing crisis
With high demand on top of inadequate supply, the meaning of “affordable” in the most desirable locations can be difficult to gauge. According to...
$34.7 million affordable housing asset sale brokered by Danny Shin and Brock Zylstra
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, announced the sale of Towne...
Affordable housing advocacy group wants to make it a campaign issue
https://player.vimeo.com/video/218662726?byline=0&badge=0&portrait=0&title=0
The cost of inaction
Most of us share a common trait: We are “housers.” We understand the foundational importance of the home. Our homes, of course, meet a basic...
Investor’s latest sweetheart: workforce housing
There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee...
On the horizon
Here are a few of the top worries for today’s multifamily investors: Wave of new luxury apartments Luxury apartment building owners worry about competition from new...
Affordable housing developers face new challenges
Affordable housing developers are facing more obstacles to building new projects, even though the need for affordable housing seems to grow stronger every year. “We...
Tax reform has potential to solve the housing affordability crisis
“Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive...
Solving the affordable housing crisis
MacDonald pointed to the increasing cost of complying with regulations, building material price inflation and shortages of both labor and building sites as factors...
The unexpected solution to America’s affordable housing crunch: the urban movement
The ones currently doing the kicking are the YIMBYs, a loosely allied collection of pro-development housing advocates whose name plays on the acronym NIMBY...
