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...
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 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...
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 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...
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...