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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 | Current News & 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 | Current News & 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...
California’s Environmental Law Rewritten to Create More Housing

California’s Environmental Law Rewritten to Create More Housing

by Phil Hall | Jul 1, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

California Gov. Gavin Newsom signed legislation that enacts major changes to the California Environmental Quality Act (CEQA) that are designed to increase the availability of affordable housing across the state. KCRA reports the new law takes effect today and will...
Connecticut Governor Vetoes Affordable Housing Bill

Connecticut Governor Vetoes Affordable Housing Bill

by Phil Hall | Jun 23, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Connecticut Gov. Ned Lamont vetoed a contentious housing bill that would have imposed affordable housing target numbers on the state’s localities. According to combined media outlets, HB 5002 would have required localities to meet a baseline for the number of housing...
PNC Announces $208 Million Affordable Housing Fund

PNC Announces $208 Million Affordable Housing Fund

by Phil Hall | Jun 18, 2025 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Pittsburgh-based PNC Bank, a member of The PNC Financial Services Group Inc. (NYSE: PNC), announced the closing of Low-Income Housing Tax Credit (LIHTC) Fund 98, which is investing more than $208 million in the development and rehabilitation of affordable rental...
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