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Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

Trump Economic Adviser: ‘The Whole Cabinet’ Working to Address Housing Issues

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration has issued an all-hands-on-deck call to come up with plans to address the problems impacting affordable homeownership. In a Fox News Sunday interview, White House economic council director Kevin Hassett stated the focus on lowering housing...
Ohio Governor Signs 5 Property Tax Relief Bills into Law

Ohio Governor Signs 5 Property Tax Relief Bills into Law

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Ohio Gov. Mike DeWine signed five bills into law designed to alleviate the property tax burden on homeowners. WSYX reports the new laws, which go into effect in 90 days, include the following: House Bill 124, which modifies the process for making property tax...
Pittsburgh City Council Approves 20% Property Tax Hike

Pittsburgh City Council Approves 20% Property Tax Hike

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Pittsburgh City Council voted 6-2 to approve a 20% property tax increase as part of a $693.2 million spending plan for 2026. WESA reports the budget proposal raises the city’s property tax rate from 8.06 mills to 9.67 mills. This increases the city’s property tax...
Florida Announces Final Judgment Against MV Realty’s Homeowner Scam

Florida Announces Final Judgment Against MV Realty’s Homeowner Scam

by Phil Hall | Dec 22, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida Attorney General James Uthmeier announced a final judgment against MV Realty that requires the company make a $3 million payment by June 30, 2026, and to remove liens from over 9,000 homes statewide. Uthmeier’s office accused MV Realty PBC LLC and its...
Hits and Misses for the Real Estate Week of Dec. 15-19

Hits and Misses for the Real Estate Week of Dec. 15-19

by Phil Hall | Dec 19, 2025 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Presidential promises of a stronger housing market, dead Colorado residents getting HUD benefits, and Jeremy Allen White’s real estate obsession. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 15-19. Miss: Give Us...
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