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Construction Begins on 42-Unit Boston Affordable Housing Community

Construction Begins on 42-Unit Boston Affordable Housing Community

by Phil Hall | May 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Construction has begun on a $32 million, 42-unit affordable housing community in the Dorchester section of Boston. Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Talbot Commons I encompasses 40 LIHTC units...
A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

by Phil Hall | May 6, 2025 | A Phil Hall Op-Ed, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: President Trump submitted his proposed Fiscal Year 2026 budget to Congress and it reduces non-defense discretionary spending by $163 billion. Among the proposed cuts is the $33.6 billion reduction in funds allocated to the Department of Housing and...
Proposal Would Turn Louisiana School into Affordable Housing for Teachers

Proposal Would Turn Louisiana School into Affordable Housing for Teachers

by Phil Hall | Apr 21, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The superintendent of a Louisiana school board has proposed turning one of its schools into affordable housing for teachers. WAFB reports East Baton Rouge Superintendent LaMont Cole floated the idea of renovating Westminster Elementary School into housing specifically...
New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance

New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance

by Phil Hall | Apr 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. Catherine Cortez Masto (D-NV), the ranking member of the Senate Financial Institutions and Consumer Protection Subcommittee, has put forth the “Federal Home Loan Banks’ Mission Activities Act” with the goal of refocusing the mission of the 11 Federal Home Loan...
New Bipartisan Effort to Upgrade Affordable Housing Credit Program

New Bipartisan Effort to Upgrade Affordable Housing Credit Program

by Phil Hall | Apr 11, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bipartisan initiative in the US House of Representatives has reintroduced the Affordable Housing Credit Improvement Act, with the goal of financing the development of nearly 2 million affordable homes. The new version of the legislation seeks to increase the...
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