Articles Tagged with ''Affordable housing''

Monday Morning Cup of Coffee: Senate set to vote on Trump’s CFPB nominee

Plus Amazon HQ2 killing affordable housing? And thoughts on "Monopoly for Millennials"
Last week, the biggest groups in housing called on the Senate to bring Kathy Kraninger's nomination to run the CFPB to a vote. And it looks like they're about to get their wish. Plus, did Amazon's HQ2 move kill more than 1,000 units of affordable housing? And, Monopoly for Millennials. Yes, it's real. And it's spectacular.
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Fannie Mae plans $145 million investment in LIHTC funds

GSE continues to focus on affordable housing
After re-entering the Low Income Housing Tax Credit market just over a year ago, Fannie Mae is continuing its focus on affordable rental housing in underserved markets by committing $145 million in new investments in LIHTC funds. Here's a breakdown on where the money is going.
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Maxine Waters promises change if selected to lead Financial Services Committee

Plans to spotlight affordable housing
During the midterm elections Tuesday, Democrats took control of the House, while Republicans kept the Senate. As current ranking member, it is likely that Waters will take over as chairwoman of the Financial Services Committee. And she is already making promises for change, if she is selected to lead.
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Could taxing tech companies fight homelessness?

Propositions could bring affordability to California's housing market
Thriving tech hubs often come at a cost and the price might be too high. This November, San Francisco Bay Area voters will decide if large corporations can be taxed to offset issues tech companies have escalated, according to an article from NPR.
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Fannie Mae multifamily earnings increase in stable market

More than 90% of financing directed to low-income housing
Fannie Mae announced its third-quarter financial earnings on Friday, showing its multifamily sector posted solid gains. The company explained this increase was due to a rise in guarantee fee revenue as the multifamily guaranty book grew during the quarter, and about 90% of its multifamily financing created affordable housing for low-income families.
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Freddie Mac continues LIHTC push, invests in Hudson Housing Capital

Fund will provide as much as $100 million for affordable housing
Freddie Mac, which recently re-entered the Low-Income Housing Tax Credit market for the first time in nearly 10 years, is continuing its push back into LIHTC investing. The GSE announced Monday that it closed its first LIHTC Fund with Hudson Housing Capital and its first investment in that fund. The fund will provide as much as $100 million in targeted affordable housing investments.
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Cresset Capital Management and Diversified Real Estate Capital launch Opportunity Zone fund

Firms join the growing host of investors waiting to pour capital into Opportunity Zones
Cresset Capital Management and Diversified Real Estate Capital are partnering to launch an investment fund for Opportunity Zones. The Cresset-Diversified fund will be used for real estate development and redevelopment in Opportunity Zones across the nation.
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6 Questions with 6 HUD Executives, BONUS Episode: Adolfo Marzol

Surprise! We've got one more for you
Adolfo Marzol knows firsthand about this nation's long history with taking in, and housing, refugees. In fact, his parents emigrated from Cuba in 1961. How did the Marzols know they had made it in America? They bought their first house, he tells HousingWire Editor-in-Chief Jacob Gaffney in a bonus episode, and now finale, of our exclusive podcast, 6 Questions with 6 HUD Executives.
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