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HUD Launches New Initiatives to Expand Affordable Housing

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has announced three initiatives focused on affordable housing creation. HUD has teamed with the U.S. Department of the Treasury on new actions designed to ensure greater interest rate certainty for state and...
M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending

M&T Bank Appoints Lopa Kolluri as Head of Affordable Housing Lending

by Phil Hall | Aug 12, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Buffalo, New York-headquartered M&T Bank (NYSE: MTB) has appointed Lopa Kolluri as head of affordable housing lending. In her new role, Kolluri will be based in the bank’s New York City office and will be responsible for the development, oversight, and day-to-day...
Construction Begins on 146-Unit Affordable Housing Development in Vancouver

Construction Begins on 146-Unit Affordable Housing Development in Vancouver

by Phil Hall | Aug 9, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new housing development that will provide 146 affordable apartments is being constructed in the Hastings-Sunrise section of east Vancouver. The Sunrise Village project will encompass two new buildings that will replace an aging 64-apartment building. Construction is...
Guest Opinion: Another Approach to Solving the Affordable Housing Crisis

Guest Opinion: Another Approach to Solving the Affordable Housing Crisis

by David Hall | Aug 5, 2024 | Guest Opinion, News/Current Events, Real Estate News, WRE News Exclusive

David Hall is president of Currie-Hall Investment Co., an industrial real estate brokerage and development firm based in Hudson, Ohio. Just when I thought the topic and discussions of providing affordable housing couldn’t get farther off the track, I read Sen....
Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes

Sen. Elizabeth Warren Unveils $550 Billion Housing Bill, Paid for by Raising Estate Taxes

by Phil Hall | Aug 1, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Sen. Elizabeth Warren (D-MA) has introduced a $550 billion plan to fund the construction of approximately 3 million new housing units by raising estate taxes. Warren’s endeavor, dubbed the American Housing and Economic Mobility Act, encompasses a wide range of pledges...
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