New Mexico’s capital of Santa Fe has become the first US city that will directly connect wages to housing affordability, with the goal of linking minimum wage increases to both fair rental market prices and consumer prices. The Associated Press reports Santa...
JPMorgan Chase (NYSE: JPM) is providing more than $40 million for construction and renovation projects that address the affordable housing shortage. The bank will offer more than $20 million in grants and $20 million in “flexible, impact-focused term loans” to...
Preservation of Affordable Housing (POAH) a national nonprofit affordable housing developer, has closed on the construction financing for Lambert Woods North, a six-building, 72-unit apartment complex in Portland, Maine. This is POAH’s first development in the state...
While the world’s attention was fixated on last night’s election of Democratic Socialist Zohran Mamdani as New York City’s next mayor, less attention was given to the approval by the city’s voters of three proposals designed to reshape affordable housing development....
A new report has found a significantly lopsided allotment of affordable housing across New York City. 6SqFt.com reports the latest NYC Housing Tracker Report from the New York Housing Conference found only 10 of the city’s 51 Council districts produced more than half...
FBI Investigating Lurin Capital Amid Multifamily Collapse
