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...
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...
KeyBank (NYSE: KEY) has launched a new grant program designed to strengthen Community Development Financial Institutions (CDFIs). Through this program, the KeyBank Foundation intends to award one $200,000 grant to an exemplary CDFI in each of Cleveland-headquartered...
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 17-21. Hit: A New Approach to Affordable Housing. This week,...
New York Gov. Kathy Hochul announced a Request for Proposals (RFP) for the redevelopment of a 12,800-square-foot state-owned property in Brooklyn. The property in Brooklyn’s Clinton Hill neighborhood has been owned by the Office of Children and Family Services...