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
How LIHTC rules affect rates of rent growth
A new report from Freddie Mac Multifamily examines the impact that federal affordable housing programs, such as the Low Income Housing Tax Credit (LIHTC),...
Habitat for Humanity New York City and Almat Group break ground on Sydney House
Habitat for Humanity New York City, a major affordable housing developer and advocate for affordable homeownership in New York City, in conjunction with the...
Habitat for Humanity New York City, Almat Group break ground on largest Habitat for...
Habitat for Humanity New York City in conjunction with Almat Group will be breaking ground on Sydney House, a 56-unit affordable co-op building in...
Community Development Partners opens housing for homeless veterans in Newport Beach, CA
Community Development Partners is pleased to announce the grand opening of The Cove Apartments in Newport Beach, CA. A ceremony to celebrate the milestone...
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...
