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NYC Voters Approve Proposals to Streamline Affordable Housing Development

NYC Voters Approve Proposals to Streamline Affordable Housing Development

by Phil Hall | Nov 5, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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....
Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts

Report: Most Affordable Housing in NYC Built in 10 of 51 Council Districts

by Phil Hall | Oct 29, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Sacramento Mayor Proposes Property Tax Hike to Fund New Housing

Sacramento Mayor Proposes Property Tax Hike to Fund New Housing

by Phil Hall | Oct 21, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Sacramento Mayor Kevin McCarty is proposing a property tax hike that will be used to finance new housing developments. CBS News reports McCarty unveiled his plan during his first State of the City address on Monday. The mayor is proposing to enact a fee that will be...
12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative

12 Religious Groups Chosen for Charlotte’s Faith in Housing Initiative

by Phil Hall | Oct 21, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The city government for Charlotte, North Carolina, has selected 12 faith-based organizations to participate in a new affordable housing development initiative. The Charlotte Observer reports the city’s Faith in Housing initiative will provide the religious groups with...
CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

CFO of LA Affordable Housing Developer Arrested for Defrauding Grant Funds

by Phil Hall | Oct 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The former chief financial officer (CFO) for a Los Angeles-based affordable housing developer was arrested for using state grant funds to pay for his personal expenses. According to an affidavit filed with the complaint, the California Department of Housing and...
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