Five affordable housing developments receive tax credits from state

Five Pittsburgh affordable housing developments were among the 39 projects around the state to receive tax credits. The five projects are a 35-unit development in Larimer by McCormack Baron Salazar/Allies & Ross Development, which includes the re.....»»

Category: topSource: bizjournalsJul 11th, 2019

State, city set to inject $3 million into housing in Over-the-Rhine

The state of Ohio and the city of Cincinnati are set to allocate $3 million in new housing tax credits over the next three years into Over-the-Rhine, with the goal of building up to $30 million in affordable housing there......»»

Category: topSource: bizjournalsMay 14th, 2019

Tax credits to support 620 new and renovated housing units in Central Ohio

Ten housing developments around Central Ohio have landed tax credits. The Ohio Housing Finance Agency voted Wednesday to award its 2018 Housing Tax Credits to 37 projects around the state, including 10 in Central Ohio. The funding will substanti.....»»

Category: topSource: bizjournalsMay 18th, 2018

Cuomo picks winners for Brooklyn affordable housing RFP

The governor’s office has selected four affordable housing projects in Central Brooklyn to receive state f.....»»

Category: realestateSource: realestateweeklyNov 30th, 2018

Preschool, housing, taxes top Ige"s agenda in State of the State: Slideshow

Gov. David Ige’s plans for the first year of his second term include a plan to roll out a statewide preschool program in public elementary schools, developing affordable housing on state land and changing the method by which the counties receive money.....»»

Category: topSource: bizjournalsJan 22nd, 2019

This DFW firm has access to an untapped and profitable market: the suburbs

This Addison-based general contractor specializes in multifamily developments, including market rate, student, senior and affordable housing......»»

Category: topSource: bizjournalsJun 21st, 2019

State funding boosts five WNY affordable housing projects

State funding boosts five WNY affordable housing projects.....»»

Category: topSource: bizjournalsMay 21st, 2019

Mortgage crisis settlement to help fund affordable housing

Part of a $1 billion settlement received by New York from the mortgage crisis will come back to mission-based organizations to create affordable housing. The state announced a new program May 20 to award $1.4 million over two years through its Mis.....»»

Category: topSource: bizjournalsMay 20th, 2019

Gas pipeline needed for affordable housing, trade group says

The affordable housing industry is begging Gov. Andrew Cuomo not to pass on gas.The New York State Association for Affordable Housing sent a letter Monday calling on the governor to allow the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 3rd, 2019

Rent Control Cannot Solve the Affordable Housing Crisis

In response to a growing affordable housing crisis throughout the U.S., state and local governments are considering adopting various rent control measures. The National Association of REALTORS® (NAR) opp.....»»

Category: realestateSource: rismediaApr 9th, 2019

Where the most affordable housing market, least expensive homes are in each state

The typical American home has a price tag of nearly a quarter of a million dollars, and affordable real estate is available in nearly.....»»

Category: topSource: usatodayMar 31st, 2019

Bowser suggests commercial property tax increase to pay for affordable housing

D.C. Mayor Muriel Bowser used her State of the District address Monday to propose a commercial tax increase to pay for affordable housing and to lay out a plan for the RFK Stadium campus and other priorities. She also used the address at the Uni.....»»

Category: topSource: bizjournalsMar 19th, 2019

One way to create less affordable housing

New York's recent successes—record economic and population growth—present new challenges for lawmakers to keep our state affordable and livable for all. For instance, they threaten to exacerbate the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 11th, 2019

Lawsuit challenges affordable senior housing in Nolita

A plan to build affordable senior housing on the site of the Elizabeth Street Garden in Nolita has been challenged in state Supreme Court. A group in favor of preserving the roughly 1-acre garden... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMar 11th, 2019

Gas moratorium deals blow to affordable home building

Westchester County, like many other areas of New York State, is facing a housing crisis, with more than half of the county’s renters rent burdened. Elected officials have taken steps to address the pr.....»»

Category: realestateSource: realestateweeklyMar 7th, 2019

Former Hawaii state senator "pretty amazed" by affordable housing funding

The former state senator from Kaneohe said he was “pretty amazed” when lawmakers took his suggestion to put $200 million into the Rental Housing Trust Fund as part of legislation dubbed the “Bob Nakata Act.”.....»»

Category: topSource: bizjournalsApr 26th, 2018

City issues RFP for Hudson Yards development sites

The city has issued a Request for Proposals (RFP) to develop two City-owned sites in Hudson Yards. The RFP seeks proposals for two mixed-use, affordable housing developments in the busy neighborhood. The sites,.....»»

Category: realestateSource: realestateweeklyApr 25th, 2018

State invites investors to get a taste of secret sauce Greystone is serving up in Georgia

Greystone Affordable Development has closed a $168.6 million multifamily housing transaction .....»»

Category: realestateSource: realestateweeklyMay 3rd, 2018

Trump to get millions from sale of New York housing complex

President Donald Trump is set to receive tens of millions of dollars from the sale of 46 buildings in New York City that make up the nation's largest subsidized affordable housing complex. Trump and other owners have .....»»

Category: topSource: moneycentralMay 8th, 2018

Iowa agency suspends credit card use amid financial reviews

The Iowa agency that promotes affordable housing has suspended the use of credit cards that were issued to employees outside the state's normal purchasing program, its interim leader said Wednesday......»»

Category: topSource: foxnewsMay 9th, 2018

Ige signs bill adding $210M to Hawaii affordable housing funds

Gov. David Ige on Friday signed into law a bill that injects more than $200 million into two state funds for affordable housing in Hawaii, and expands a tax exemption for affordable units. House Bill 2748 adds $200 million to the state’s Rental.....»»

Category: topSource: bizjournalsJun 8th, 2018