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
HUD wants your input
The Department of Housing and Urban Development is planning to introduce new physical inspection standards for housing. They are seeking input from knowledgeable parties...
Housing Supply and Affordability Act introduced in US Senate
Senator Amy Klobuchar (D-Minn.) introduced a bill March 23 that would provide funding to support the development and implementation of local plans to increase...
Fannie Mae introduces sponsor-initiated affordability incentives for multifamily borrowers
Fannie Mae announced that it is offering Sponsor-Initiated Affordability (SIA) incentives for multifamily borrowers through its network of Delegated Underwriting and Servicing (DUS) lenders...
New priced out study highlights the housing affordability crisis
A new study by the National Association of Home Builders (NAHB) puts a spotlight on the nation's housing affordability crisis and illustrates how even a relatively...
The call of the great outdoors
The impact of COVID on the multifamily sector may not have been as severe as its effect on the retail or office asset classes,...
Amazon launches $2 billion Housing Equity Fund to preserve and create over 20,000 affordable...
Amazon announced the Housing Equity Fund, a more than $2 billion commitment to preserve and create over 20,000 affordable housing units in Washington State’s...
HUD awards $54.7 million in grants to expand rental development for low-income persons with...
The U.S. Department of Housing and Urban Development today announced the award of over $54.7 million in capital advance and project rental assistance grants...
Rate Desk Tuesday, June 30, 2020
June 30, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Indices breaking quarterly records and the Emergency Affordable Housing Act posed...
Rate Desk Monday, June 22, 2020
June 22, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. Freddie Forward rate lock: great when rates are rising, not so...
Evergreen Real Estate Group expands national affordable housing portfolio
Chicago-based Evergreen Real Estate Group, a leader in the acquisition, development, rehabilitation and management of both affordable and market-rate multifamily housing, announced it has...
Rate Desk April 30, 2020
Rate Desk April 30 edition:
Indices down
UST yields .64 bp
223(f) 2.60%
221(d)(4) 3.25%
Fannie 3.20%
Freddie 3.40%
Value-add alive
Opportunities in emerging...
Meta Housing breaks ground on 65-unit affordable multifamily development in Westminster, California
Meta Housing Corporation, a Los Angeles-based developer, in a joint venture partnership with Western Community Housing, a Southern California-based non-profit public benefit corporation, has...
Rent control just one factor among many for multifamily investors
In 2019, growing concern about a lack of affordable housing led legislatures in the nation’s two largest multifamily markets—New York and California—to enact rent...
Cochrane on housing policy
John Cochrane, an economist at the Hoover Institution, was recently interviewed on the subject of housing, how we broke it and how it might...
The vanishing apartment
The affordability crisis is creeping up into middle-income households according to Harvard Joint Center for Housing Studies’ 2020 report, America’s Rental Housing.
48% of renter...