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FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Phoenix

FHLBank San Francisco Invests $10 Million to Preserve Affordable Housing in Phoenix

by Phil Hall | Aug 12, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) announced a $10 million investment in a Freddie Mac bond issuance that will support the continuing affordability of 436 housing units for low-income residents in Phoenix. The new investment follows...
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

by Phil Hall | Aug 7, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new report analyzing New York Gov. Kathy Hochul’s 2022 plan to build or preserve 100,000 units of affordable housing over a five-year period has determined the endeavor is falling short of its goal. Hochul allocated $25 billion in state investments to this...
Historic Milwaukee Nursing Home to Become Affordable Housing Development

Historic Milwaukee Nursing Home to Become Affordable Housing Development

by Phil Hall | Jul 16, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

WNC & Associates and KG Development Group have announced the acquisition and planned renovation of the historic Phoenix Residential site in Milwaukee’s Uptown neighborhood. The four-story property opened in 1929 as the Milwaukee Jewish Home for the Aged. The...
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants

FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants

by Phil Hall | Jul 10, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $49.7 million in Affordable Housing Program (AHP) grants from its General Fund and Nevada Targeted Fund to support 31 developments across Arizona, California, and Nevada that will result...
FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

by Phil Hall | Jul 7, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is now accepting applications for the fourth annual iteration of its Community First Developer Program. The program provides grants to organizations supporting career development opportunities in the affordable...
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