Archives For: affordable housing
Senators Introduce ‘Neighborhood Homes Investment Act’ to Expand Affordable Homeownership Opportunities and Revitalize Communities
The Neighborhood Homes Investment Act, introduced by senators from Maryland and Indiana, would create a new tax incentive that would produce starter homes in under-resourced communities over the next decade.
7 Mar 2023
City Leaders Discuss Plans to Expand Affordable Housing
City leaders in Columbia, SC are planning to build on existing resources to provide new affordable housing.
15 Feb 2023
HUD Announces Over 100,000 Families & Individuals Housed Through “House America” Homelessness Initiative
HUD Secretary Marcia L. Fudge announced that states, municipalities, and tribes who joined House America have housed more than 100,000 households experiencing homelessness and added over 40,000 affordable housing units into development.
26 Jan 2023
Freddie Mac Multifamily’s Targeted Affordable Housing Loans Increased by Nearly 60% in 2022
In a year marked by record rent inflation and a rental housing supply crisis, Freddie Mac Multifamily prioritized its affordable housing mission, exceeding goals by totaling over $73 billion in production volume.
18 Jan 2023
PHFA Celebrates 50 Years of Creating Affordable Housing in Pennsylvania
In 2023, the Pennsylvania Housing Finance Agency is celebrating its fiftieth year of helping Pennsylvanians find and keep affordable, stable housing.
13 Jan 2023
Cincinnati Neighborhood Converts Vacant Historic Buildings into Affordable Housing
The Lower Price Hill Thrives project in Cincinnati, Ohio is set to deliver 47 new affordable housing units by renovating vacant properties in the neighborhood.
28 Nov 2022
M&T Bank Commits $1.2 Million to Community Revitalization Programs in Pennsylvania
M&T Bank will provide more than $1.2 million to 42 initiatives aimed at servicing distressed communities or low-income neighborhoods in Pennsylvania.
22 Nov 2022
The Nation’s Vacant Homes Present an Opportunity – and a Problem
As construction costs for new homes and interest rates continue to soar, vacant housing is drawing more attention as a shortcut to getting more units on the market.
22 Nov 2022
Wake County Board Approves $35 Million for Affordable Housing
The Wake County, NC board unanimously voted to appropriate $35 million from the county’s existing American Rescue Act Plan to address housing instability.
21 Nov 2022
Intend Indiana Unveil New Homes as Part of HomePower Initiative
Intend Indiana is trying to bring new life to Martindale-Brightwood neighborhoods through its affordable housing HomePower initiative.
17 Nov 2022