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
Apartments no longer trickling down
As the nation’s builders naturally navigate toward projects that financially pencil, large-scale luxury properties have continued to boom. In fact, 87 percent of the...
Riverside Capital invests in Los Angeles affordable housing
Riverside Capital, a leading provider of capital for high quality affordable housing developments, has invested $17.7 million in 7th and Witmer Apartments, an affordable...
Riverside Capital invests in Downtown Denver affordable housing
Riverside Capital, LLC (“Riverside”) is pleased to announce an equity investment of $12.8 million in the acquisition and rehabilitation of an existing public housing...
R.D. Olson Construction completes Hotel Trio and Citrine Apartments in Sonoma County
R.D. Olson Construction, an award-winning general contracting firm in California, recently marked the completion of a ground-up, two-part construction project in Healdsburg. The project...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide...
$30.2 million 55-plus affordable housing complex changes hands
Marcus & Millichap, a leading commercial real estate investment services firm with offices throughout the United States and Canada, has announced the sale of...
Senator Booker takes on housing
Senator Cory Booker of New Jersey, who has been frequently mentioned as a potential 2020 presidential candidate for the Democrats, recently introduced a bill...
The cost of regulation on housing affordability
Some are looking to quick fixes that have been proven to not work, like rent control, while others are getting creative and combining public...
The Landlord Police
This week in Portland NAHB is voting on the Federal Anti-Poverty and Economic Mobility Initiative resolution. The resolution calls on Congress to make changes...
Riverside Capital invests in comprehensive redevelopment of Los Angeles affordable housing
Riverside Capital, LLC, a leading provider of investment capital to high quality affordable housing developers, is pleased to announce it has provided $25.4 MM...
JCHS releases State of Housing 2018
The Harvard Joint Center for Housing Studies (JCHS) released the latest version of its report, “The state of the nation’s housing.” This annual report...
Rose Community Capital arranges $16.1 million financing for rehabilitation of Fenway Manor in Cleveland,...
Rose Community Capital, a MAP designated FHA Lender and the residential financing division of the Jonathan Rose Companies, has secured a $16,119,100 Section 221(d)4...
Philadelphia passes tax to fund affordable housing
Thursday, the Philadelphia city council voted to create a new construction impact tax. The measure passed by a 9 to 8 vote. Before it...
Meta Housing breaks ground on 71-unit transit-oriented affordable housing community in East Los Angeles
Meta Housing Corporation, a Los Angeles-based developer, has broken ground on Whittier & Downey SE, a 71-unit affordable housing community that will be developed...
NDC issues report on America’s housing shortage
A group called the New Democrat Coalition issued a report this week on the nation’s housing shortage titled “Missing Millions of Homes.” The report...