Tag: Washington DC

HUD awards nearly $2.2 billion to local homeless programs

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced nearly $2.2 billion in grants to support thousands of local homeless...

HUD issues improved Fair Housing rule

The U.S. Housing and Urban Development (HUD) published its proposed Affirmatively Furthering Fair Housing (AFFH) rule, which offers clearer guidance to states and local...

Most home building in Millennial areas

The majority of single-family and multifamily housing production in the nation is occurring in counties with the greatest concentration of millennials. However, in a...

HUD awards more than $130 million to provide affordable housing to people with disabilities

The U.S. Department of Housing and Urban Development (HUD) awarded $131.3 million to 325 local public housing authorities across the country to provide affordable...

EIG launches interactive map highlighting innovative Opportunity Zone activity across the country

The Economic Innovation Group (EIG) launched the Opportunity Zones Activity Map, an online portal highlighting some of the most innovative and impactful publicly-announced developments...

Trump administration announces continued decline in veteran homelessness

During a press conference at Harbor Homes in Manchester, New Hampshire, U.S. Housing and Urban Development (HUD) Secretary Ben Carson announced veteran homelessness in...

NMHC & Kingsley 2020 Apartment Resident Preferences Report takes residents’ pulse on top leasing...

From must-have technology to popular pet perks, the 2020 Apartment Resident Preferences Report released today by the National Multifamily Housing Council (NMHC) and Kingsley...

LEED reaches new milestone, surpasses 100,000 commercial green building projects

The U.S. Green Building Council (USGBC) is celebrating a new LEED milestone, announcing it has surpassed 100,000 registered and certified LEED commercial projects. “In 1998,...

Lower mortgage rates push housing affordability to highest level in three years

With mortgage rates at a three-year low and a healthy job market, housing affordability rose to its highest level in three years in the...
Palette at Arts District

JLL closes $58.85 million sale, $45.9 million financing of Maryland apartments

JLL announced today it has closed the $58.85 million sale and $45.9 million financing of Palette at Arts District, a 243-unit multihousing community located...

55+ housing market on steady rise

Builder confidence in the single-family 55+ housing market rose one point in the third quarter of 2019, returning to its record-high reading of 72,...

Affordable Housing Credit Improvement Act gains momentum

Currently under consideration in both chambers, the Affordable Housing Credit Improvement Act of 2019 (AHCIA) has 153 cosponsors in the House, as well as...

Borrowers gain clarity with Carson-Barr agreement

U.S. Housing and Urban Development Secretary Ben Carson and U.S. Attorney General William Barr issued a Memorandum of Understanding (MOU) between the two agencies that...

HUD releases evaluation of rental assistance demonstration

In 2012, the U.S. Department of Housing and Urban Development (HUD) embarked upon a new program to address the critical capital needs of severely...

Rising rent control leading to falling development and investment

An increasing number of jurisdictions recently have imposed rent control or are seriously considering doing so, leading many market participants to reconsider their investment...

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