Wednesday, February 26, 2025

Archives

U.S. Senator Alex Padilla

Padilla Presses for Answers on DOGE Cuts to Critical Housing Programs and Staff

National
U.S. Senator Alex Padilla (D-Calif.) and 24 other Senators sounded the alarm on concerning reports that President Trump’s Department of Government Efficiency (DOGE) Task Force will

Accessory Dwelling Units Officially Allowed Statewide Under Healey-Driscoll Administration’s Affordable Homes Act

National
Accessory Dwelling Units (ADUs) are now permitted by-right statewide in Massachusetts thanks to the Healey-Driscoll Administration’s Affordable Homes Act, signed into law by Governor Maura Healey in August 2024.
NHC

Industry leaders and experts examine FHLBanks’ impact on affordable housing and community investment

National
On February 11, the National Housing Conference, the Council of Federal Home Loan Banks, and the Federal Home Loan Bank of
HUD - U.S. Department of Housing and Urban Development

ICYMI | HUD and DOGE Recover $1.9 Billion of Misplaced Taxpayer Dollars

National
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner announced that the U.S. Department of Government Efficiency (DOGE) Task Force at HUD recovered $1.9

Mayor Adams Announces Bold New Vision for Coney Island, Including 1,500 New Units of...

National
New York City Mayor Eric Adams today announced the next phase of an ambitious, bold new vision for Coney Island, Brooklyn that will deliver 1,500 new homes and invest in the reconstruction of the historic Riegelmann Boardwalk. In addition, the city will invest in new streets, sewers, and public realm improvements, including a $42 million renovation of the Abe Stark Sports Center.
NAHB

Families Must Spend 38% of Their Income on Mortgage Payments

National
In a clear sign illustrating the housing affordability challenges facing Americans, the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI) found that in the

As Next Step in Robust Resident Engagement Process, NYCHA Announces PACT Vote for Residents...

National
As a next step in a robust resident engagement process, the New York City Housing Authority (NYCHA) today announced that Jacob Riis Houses I and II in Manhattan’s East Village will hold an official resident vote to decide whether or not the development will join the Permanent Affordability Commitment Together (PACT) Program.
Congresswoman Suzanne Bonamici

Bonamici Rolls Out Legislative Agenda to Address Housing Crisis

National
Congresswoman Suzanne Bonamici (D-OR) announced her package of legislation to address the housing crisis in Oregon and across the country. Bonamici introduced three bills: the Build

Mayor Adams Announces Back-to-Back Record-Breaking Years Creating Affordable, Supportive Housing in Calendar Year 2024

National
New York City Mayor Eric Adams today announced back-to-back record-breaking calendar years producing critically-needed affordable housing across the five boroughs as the city faces a generational housing crisis. The New York City Department of Housing Preservation and Development (HPD) broke the following city records in 2024

Chairman Aguilar: The Republican War on Students will close neighborhood schools, increase class sizes...

National
House Democratic Caucus Chair Pete Aguilar and Vice Chair Ted Lieu were joined by Rep. Jahana Hayes, a former National Teacher of the Year, and Rep. Kristen McDonald Rivet, a former executive director of Michigan Head Start, to highlight the Republican War on Students that will eliminate the Department of Education to pay for tax giveaways to billionaires and corporations like Tesla that don’t pay any federal taxes
Mayor Muriel Bowser

Mayor Bowser Announces?Legislation to Protect and Strengthen DC’s Housing Ecosystem

National
Mayor Muriel Bowser announced the Rebalancing Expectations for Neighbors, Tenants, and Landlords Act (RENTAL Act), new legislation to protect the District’s existing affordable housing and
Congressman Brad Sherman

The House Passes Congressman Sherman’s Housing Unhoused Disabled Veterans Act

National
The House of Representatives passed Congressman Brad Sherman (D-CA) and Congresswoman De La Cruz’s (R-TX) bipartisan Housing Unhoused Disabled Veterans Act (HUDVA), to
FEMA

How to do Business with FEMA After a Disaster

National
FEMA works with private sector vendors to help fulfill the response and recovery needs for disasters like the recent Los Angeles County Wildfires. The Doing Business with FEMA webpage outlines the steps that companies and small businesses looking to

Zbur Introduces Legislation to Tackle Student Housing Insecurity at California Community Colleges

National
Introduced by Assemblymember Rick Chavez Zbur, AB 648 will combat housing insecurity and homelessness among community college students while also addressing California’s broader housing crisis by increasing the supply of affordable housing in local communities.

Healey-Driscoll Administration Announces $158 Million for New Affordable Housing Developments Across the State

National
The Healey-Driscoll Administration announced $158 million in low-income housing tax credit and subsidy awards for 14 affordable housing projects across the state. These awards will support the production and preservation of 1,138 affordable units for seniors and families across the state.
NAHB

Multifamily Developer Confidence Reflected Mixed Results in the Fourth Quarter

National
Confidence in the market for new multifamily housing reflected mixed results year-over-year in the fourth quarter, according to the Multifamily Market Survey (MMS) released today by the

CIH responds to government announcement on additional investment for affordable homes and action to...

National
The government has announced £350 million in new funding to “get Britain building”, alongside plans to drive up standards and tackle rogue landlords in supported housing. Up to 2,800 extra homes will be built through a £300 million boost to the Affordable Homes Programme

South Dakota Housing Hosting Public Meeting Regarding Community Development Programs

National
South Dakota Housing (SDH), in partnership with the Governor’s Office of Economic Development, will be hosting a public meeting on Feb. 25, 2025, at 10:30 a.m. CST, to accept comments on the drafts of the 2025 Annual Action Plan and the Citizen Participation Plan.

Cambridge Ends Exclusionary Zoning

National
On Monday, February 10, the Cambridge City Council voted 8 – 1 in favor of a zoning petition allowing new multi-family housing, up to four stories, to be built city-wide, by right. This change undoes decades of exclusionary zoning, in which the zoning code was weaponized to enforce segregation by limiting where apartments could be built.
NAR

Nearly 90% of Metro Areas Registered Home Price Gains in Fourth Quarter of 2024

National
Almost 90% of metro markets (201 out of 226, or 89%) experienced home price increases in the fourth quarter of 2024, as the 30-year fixed mortgage rate ranged from 6.12% to 6.85%,

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases