Affordable Housing

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