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Summit Panel Mulls Strategies for Affordable Transit-Oriented Housing
In affluent Montgomery County, MD, panelists at its 22nd annual Affordable Housing Conference discuss the challenges of housing lower-income residents as redevelopment takes place near transit stations.
posted 5/17/13 09:26 AM read complete story
Housing Trust Fund Fight Amps Up
While Congress and the White House wrangle over debt, budget, immigration and guns, low-income housing advocates step up their campaign for mortgage interest deduction reform to help finance the National Housing Trust Fund.
posted 5/9/13 3:23 PM read complete story
‘aPodments’ Enters Housing Vernacular
Surging popularity of microapartments brings a new word to the housing vocabulary in “aPodments.” The term -- trademarked by national microhousing developer Calhoun Properties Inc. -- is entering the housing market quickly.
posted 5/7/13 5:20 PM read complete story
Massachusetts Affordable Housing Push
Massachusetts will invest $67 million in affordable housing for 23 different developments spread across more than 20 communities. The funding includes $9 million in federal low-income tax credits, $7.7 million in state low-income tax credits, and nearly $50 million in state and federal housing program subsidies.
posted 2/22/13 09:38 AM read complete story
Campaign Builds For New Housing Bill
Thwarted by Gov. Jerry Brown’s (D-CA) decision to shutter the state’s redevelopment agencies, affordable housing advocates regroup with new legislation to provide $500 million a year for housing for low-income families
posted 10/12/12 12:45 PM read complete story
Affordable Housing Boost For New York
Affordable housing projects ready for construction get a financial assist when Gov. Andrew Cuomo (D) allocates $72 million to the New York State Homes & Community Renewal agency. Cuomo says the state should leverage millions of dollars in private resources on the investment.
posted 9/21/12 10:32 AM read complete story
Bank Creates 2,800 Affordable Units
Bank of America (BoA) Merrill Lynch says that its Community Development Banking (CDB) business arm provided $855 million in commitments during the first half of 2012, helping create more than 2,800 affordable housing units.
posted 8/24/12 11:37 AM read complete story
Big Connecticut Affordable Housing Push
Connecticut housing and development officials embark on efforts to build, revitalize and redevelop nearly 2,300 housing units, while also providing housing tax credits to finance additional work.
posted 8/10/12 11:44 AM read complete story
Attempt To Stall Housing Trust Loss
New Jersey municipalities go to court to prevent the state from seizing $161 million of affordable housing trust fund money and converting it to the state’s general fund
posted 7/13/12 10:50 AM read complete story
State High Court Rebuffs Governor
New Jersey’s Supreme Court says Gov. Chris Christie (R) can’t abolish the state’s Council on Affordable Housing (COAH). The court denied Christie a stay of a lower court ruling that it was illegal for the governor to eliminate the affordable housing agency
posted 6/15/12 11:21 AM read complete story
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