California Nonprofit Plans To Build Homes Out of Straw for Low-Income Residents

California Nonprofit Plans To Build Homes Out of Straw for Low-Income Residents

A nonprofit is hoping to ease the California housing crunch with a building method that is centuries old—stacking bales of straw. Just Places, which is partnered with another housing nonprofit, People First,... Read more »
Western Alliance Provides M Financing for Low-Income Housing in Mission District

Western Alliance Provides $78M Financing for Low-Income Housing in Mission District

Western Alliance Bank is providing $77.9 million in construction financing and Low-Income Housing Tax Credit equity for The Marvel in the Mission, the largest affordable housing development in San Francisco’s Mission District.... Read more »
Fannie and Freddie’s Low-Income Homebuyer Goals Dialed Back

Fannie and Freddie’s Low-Income Homebuyer Goals Dialed Back

Saying it wants to serve more middle class borrowers, the Trump administration is scaling back housing goals for Fannie Mae and Freddie Mac that are aimed at helping provide mortgages to low-income... Read more »
ADU grants resume to help low-income Californians build

ADU grants resume to help low-income Californians build

State officials have revived a popular grant program to help lower-income California homeowners build accessory dwelling units by covering some of the upfront costs. But funding is limited, so demand for aid... Read more »
Opinion: To support low-income borrowers, return Fannie Mae and Freddie Mac to the private sector

Opinion: To support low-income borrowers, return Fannie Mae and Freddie Mac to the private sector

Since the 2008 housing crisis, there have been significant changes that prompted the Treasury to place Fannie Mae and Freddie Mac under conservatorship. While the conservatorship has allowed for the mortgage market... Read more »