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Canada to Spend $365 Million for Building 767 Rental Homes in Toronto

Canada to Spend $365 Million for Building 767 Rental Homes in Toronto

by Phil Hall | Mar 13, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Canadian government has allocated $365 million for the construction of 767 new rental homes in Toronto. The project’s first phase, which is now under development on an eight-acre, transit-oriented site owned by the City of Toronto, will be part of a...

Report: HUD to End Biden Program for Energy Efficiency Upgrades to Affordable Housing

by Phil Hall | Mar 12, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Trump administration is planning to end a $1 billion Biden-era program designed to upgrade affordable housing structures with energy efficiency improvements. The Associated Press reports that it obtained an internal document from the Department of Housing and...
Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus

Lack of Affordable Housing Blamed for Corporations Not Placing HQ in Cyprus

by Phil Hall | Mar 11, 2025 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A significant lack of affordable housing is preventing major corporations from relocating their headquarters to Cyprus, according to the Mediterranean island’s Association of Large Investment Projects. According to a Cyprus Mail report, the association declared that a...
Bipartisan Bill Seeks to Expand Section 8 Voucher Program

Bipartisan Bill Seeks to Expand Section 8 Voucher Program

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

A new congressional bipartisan effort is seeking to expand the Housing Choice Vouchers program, more commonly known as Section 8 vouchers. The Choice in Affordable Housing Act was introduced in the Senate by Sens. Chris Coons (D-DE) and Kevin Cramer (R-ND) and in the...
Habitat for Humanity to Create $82.5 Million Property Acquisition Fund

Habitat for Humanity to Create $82.5 Million Property Acquisition Fund

by Phil Hall | Mar 6, 2025 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Habitat for Humanity International’s community development financial institution, Habitat Capital, announced a new partnership to establish an $82.5 million property acquisition fund to boost US affordable housing production by an estimated 1,000 homes. The new...
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