Items Tagged with 'Affordable housing'


What Trump’s tax cuts mean for affordable housing deals

Housing tax credits can determine if projects get off the ground
One of President Donald Trump’s priorities, tax reform, could threaten the affordable housing industry as fewer investors may be enticed to fund projects. Developers said investors are valuing the tax credit 10% to 20% lower since Election Day. The reduction in the credit’s value is already likely to cause a drop of about $1 billion in equity investment for the year.
Read More

Billionaire to build micro-apartments for the homeless

Plan in place for 200 units in Santa Clara
A billionaire real estate developer in California is now looking into an apartment housing project for the homeless and low-income population. The complex will consist of micro-apartments no more than 240 square feet, but the plan is still facing some opposition.
Read More

FHFA makes it official: Fannie, Freddie required to open credit box to "underserved"

FHFA unveils final "Duty to Serve" rule
Eight years after the passage Housing and Economic Recovery Act of 2008 mandated that Fannie Mae and Freddie Mac increase lending to three specific “underserved” markets, the Federal Housing Finance Agency announced Tuesday that the government-sponsored enterprises must work to open the credit box for certain very low-, low-, and moderate-income families.
Read More

Paying the rent: America’s crisis in the shadows

"These renters need help"
[Expert commentary] Officials do not worry so much about desperation-renters, extremely low-income households. After all, those renters have a roof over their heads. The roof may be in a crime-ridden neighborhood, in a substandard building, near failing schools - but it is a roof. So our political discourse, and our will, move on to more pressing issues. The Terwilliger Foundation calls it the “The Silent Housing Crisis.” Yet these renters need help.
Read More

J. Ronald Terwilliger: Momentum for housing policy change is growing

The right to housing is universal and this is why
J. Ronald Terwilliger is the retired Chief Executive Officer of Trammell Crow Residential. Terwilliger's philanthropic focus is largely on housing; the need to provide decent affordable housing. His foundation is hosting an event this week in Dallas and this is a preview of what is expected to happen.
Read More

Going to vote? Here are the top 10 ballot decisions for housing

Affordable housing takes spotlight in voting booths
Despite the lack of attention on housing from both political candidates, this year's election ballots are filled with measures for affordable housing. Trulia compiled a list of the top 10 most impactful measures, and what they do. Love them? Hate them? Election day is next week.
Read More