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Community Development Digest

Housing

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HUD Offers Trust Fund Implementation Guidance

This is a new affordable housing production program that will complement existing federal, state and local efforts to increase and preserve the supply of decent, safe, and clean affordable housing for extremely low- and very low-income households, including homeless families.

posted 1/30/15 2:03 PM  read complete story

Grandbridge Facilitates $21.2M Seniors Housing Acquisition

Located in the Phoenix MSA, the community will provide for aging in place with a mix of independent living, assisted living and memory care and will offer residents numerous amenities that include an on-site salon, spa with massage services, library, fitness classes, private dining room and additional common room amenities.

posted 1/21/15 1:40 PM  read complete story

Billions More Paid In Rent In 2014

Americans paid $20.6 billion more in rent in 2012 compared to 2013 as average rents in cities escalated during the year.

posted 1/8/15 11:31 PM  read complete story

New Residential Sales for November

Sales of new single-family houses in November 2014 were at a seasonally adjusted annual rate of 438,000, according to the estimates released jointly by the Department of Housing & Urban Development and the U.S. Census Bureau.

posted 12/23/14 10:35 AM  read complete story

Residential Construction Activity for November

The Department of Housing & Urban Development (HUD) and the U.S. Census Bureau announce the following new residential construction statistics for November 2014:

posted 12/17/14 07:20 AM  read complete story

City Nixes Low-Income Housing Plan

Officials in Amherst, NY reject a plan by a Cleveland, OH-based developer to buy and rehabilitate a low-income apartment complex in the Buffalo suburb with low-income housing tax credits.

posted 12/12/14 05:43 AM  read complete story

New Residential Construction Stats for September 2014

The Department of Housing & Urban Development (HUD) and the Census Bureau announce new residential construction statistics for September 2014:

posted 10/17/14 07:41 AM  read complete story

Nation’s Apartment Market Earns Healthy 4.0% for 3Q

There's good news for multi-family housing developers. The nation’s apartment market continued to gain strength in the third quarter of 2014.

posted 9/29/14 1:55 PM  read complete story

HUD Releases Housing Data for August

Privately owned housing units authorized by building permits in August were at a seasonally adjusted annual rate of 998,000. This is 5.6% (±1.4%) below the revised July rate of 1,057,000 and is 5.3% (±1.7%) above the August 2013 estimate of 948,000.

posted 9/18/14 10:36 AM  read complete story

HUD, Census Bureau Report New Home Sales for June

Sales of new single-family houses in July 2014 were at a seasonally adjusted annual rate of 412,000, according to estimates released jointly this week by the U.S. Census Bureau and the Department of Housing and Urban Development.

posted 8/26/14 09:19 AM  read complete story

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