JLL Capital Markets and Impact Housing have arranged $112.225 million in financing for Mission Gorge, a modular, affordable housing development in San Diego. A JLL team of executive managing director Charles Halladay, associate Joseph... Read more »
Community Preservation Partners (CPP), a mission-driven affordable housing preservation developer, has acquired two Los Angeles apartment properties with plans to preserve affordability at both. They include Normandie Villas in LA’s Adams Normandie... Read more »
The Council of Federal Home Loan Banks (FHLBanks) lauded this week’s release of a report from the Federal Housing Finance Agency (FHFA), which highlighted the banks’ growth in support of affordable housing... Read more »
The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA).... Read more »
Gortikov Capital said Monday it had acquired Samo Collection, an 11-building portfolio of 399 income- and rent- restricted affordable housing in Santa Monica for $120 million. The seller was not disclosed. The new... Read more »
NBA basketball players Terry and Tobias Harris of Visionary Development Group want to build a 90-unit affordable housing complex in East Hollywood. The brothers’ Downtown Los Angeles-based firm has filed plans for... Read more »
The Inland Group and the Evergreen Impact Housing Fund are set to celebrate the opening of the Copper Way apartments in Spanaway, a 256-unit affordable housing development for low-income residents and families. The... Read more »
When we think of Elon Musk, we often picture incredible electric cars, lofty rocket missions, or groundbreaking advancements in artificial intelligence. However, recently, his attention has been drawn to the US housing market. You... Read more »
Starter homes are more affordable to the average American than they were a year ago, but they have become significantly less affordable over the past decade. That’s the conclusion Redfin reached in... Read more »
The talk of this election season has rightfully been on affordable housing. Simultaneously, I have heard this common refrain from eager homebuyers: “I qualify for an FHA (or VA) home loan, but... Read more »