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Last updated on April 18, 2014 at 1:21 EDT

Latest Affordable housing Stories

2013-06-27 16:26:07

WASHINGTON, June 27, 2013 /PRNewswire-USNewswire/ -- When the House Appropriations Committee met today to consider the funding for the FY2014 Transportation Housing and Urban Development bill (THUD), Congressman Chaka Fattah (D-PA), a senior member of the Committee, offered an amendment to restore funding to the Community Development Block Grant (CDBG) program. The $44.1 billion bill cut funding in half from CDBG programs for 2014. The program, administered by HUD, is one of the most...

2013-06-27 08:23:31

Innovative financing opens up a new market for solar and efficiency in affordable housing WASHINGTON, June 27, 2013 /PRNewswire/ -- Urban Atlantic announced today that its affiliate company Urban Energy Advisors, the Program Manager for the Washington, DC PACE Commercial Program, has completed the Property Assessed Clean Energy (PACE) financing for an affordable 139-unit multifamily building in the District of Columbia. This is the nation's first PACE-financed affordable housing...

2013-06-25 23:23:08

According to the team at Realtypin.com, the recent surge in mortgage rates has caused more homebuyers to jump into the market. Los Angeles, California (PRWEB) June 25, 2013 The team at Realtypin.com -- a website that analyzes real estate news and developments -- says that homebuyers are suddenly coming out in droves, thanks to a recent surge in mortgage rates. According to Freddie Mac, the average rate for a 30-year fixed mortgage hit 3.93% at the end of last week. In fact, rates have...

2013-06-25 08:28:00

From Baltimore to St. Louis to Detroit, no silver bullets CAMBRIDGE, Mass., June 25, 2013 /PRNewswire-USNewswire/ -- Enduring assets such as downtowns, parks, transit systems, and academic and cultural institutions are the key to revitalization for struggling industrial cities like Baltimore, St. Louis, and Detroit, says a new report published by the Lincoln Institute of Land Policy. In an analysis of 18 cities facing manufacturing decline and population loss, Alan Mallach and Lavea...

2013-06-24 12:24:43

NeighborWorks America and the Citi Foundation Urge Changes Including Adding Financial Coaching to a Broad Range of Related Services WASHINGTON, June 24, 2013 /PRNewswire-USNewswire/ -- Today NeighborWorks America and the Citi Foundation released a report, "Scaling Financial Coaching: Critical Lessons and Effective Practices,"at the Capital View Conference Center in Washington, DC that spotlights how financial coaching can level the economic playing field by offering the information...

2013-06-18 12:31:44

Rehabilitation Work at Aging Development to Generate 645 Union Construction Jobs BOSTON, June 18, 2013 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) today announced $116 million of pension capital funding to preserve affordability and perform energy-saving retrofits at Georgetowne Homes One and Two, a 967-unit residential development. The aging housing complex has served as a major source of affordable housing in Boston's Hyde Park neighborhood for more than...

2013-06-13 23:25:42

Michael J. Novogradac, CPA, to Describe How Tax Reform Will Affect Affordable Rental Housing Market to Attendees at National Housing Conference. San Francisco, CA (PRWEB) June 13, 2013 If current corporate tax reform efforts are successful, the amount of equity that can be raised from the low-income housing tax credit (LIHTC) could decrease significantly, according to a report released by Novogradac & Company LLP. This month, tax credit expert Michael J. Novogradac, CPA, speaking at...

2013-06-13 23:20:01

Newfoundland´s Growing Economy, the Result of its Abundance of Natural Resources Toronto, ON (PRWEB) June 13, 2013 The economy in Newfoundland has taken off in recent years, with the energy and resource industries taking the lead in jumpstarting the economy and housing market, so much so that the unemployment rate has been the lowest in 26 years says KANETIX. With a boom in both the energy and resources industries, timing the real estate market can be difficult, but those who are...

2013-06-13 12:31:13

NEW YORK, June 13, 2013 /PRNewswire/ -- Moen Incorporated, the #1 faucet brand in North America, www.moen.com, has again partnered with the 116(th) Street Block Association, a prominent non-profit organization in East Harlem. Through the program, called Alcanzando Suenos con Moen ("Achieving Dreams with Moen"), the company is donating state-of-the-art and water-saving kitchen and bathroom fixtures for all units at the Bonifacio Cora Texidor Housing for the Elderly located at 7 East...

2013-06-13 08:28:09

FOOTHILL RANCH, Calif., June 13, 2013 /PRNewswire/ -- Skilled Healthcare Group, Inc. (NYSE: SKH) today announced that it has received its first commitments by the U.S. Department of Housing and Urban Development (HUD) to insure loans secured by nine skilled nursing facilities. The commitments are for loans up to an aggregate amount of $79.8 million. "This is a key step in our efforts to secure long-term low cost financing through participation in the HUD program," said Boyd...