The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $11.7 million in grant funding to support affordable multifamily rental housing development across its district. Through the Multifamily Housing Bridge Fund, the bank will provide up to $500,000 per...
Bridge Housing, the San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, has launched its first private equity fund. Bridge Housing Impact Fund I is in the process of raising $350 million of equity, enabling about $1...
Canadian Prime Minister Mark Carney has created a new endeavor designed to expand affordable housing opportunities, while new data shows Canadian home sales are rebounding. According to a statement from Carney’s office, the newly launched Build Canada Homes is a...
A trio of Democratic senators have introduced the Yes in God’s Back Yard (YIGBY) Act, new legislation designed to assist faith-based organizations and colleges to transform underused property into affordable housing. The YIGBY Act would provide federal assistance to...
A mega-church in central Connecticut announced plans to build a five-story apartment complex with 146 affordable units on its property. The Hartford Courant reports First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning...