The mayor of a Rhode Island town is using eminent domain to seize land owned by a developer planning to construct a 252-unit affordable housing development. WPRI.com reports Mayor Joseph Polisena Jr. of Johnston declared last week that his town has taken over 31 acres...
The Canadian government has added six federal properties to the Canada Public Land Bank, with the goal of transitioning the properties into affordable housing. According to a government statement, the properties have the potential to create approximately 1,770 units...
The NHP Foundation (NHPF), a not-for-profit real estate corporation focused on affordable housing acquisition, investment and development, has promoted Eric W. Price to president and CEO. Price was most recently president and assumes the CEO as the successor to...
An unlikely new site for affordable housing, a spike in CMBS delinquencies and a very long wait to sell a home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 30-Jan. 3. Hit: A Trashy Solution. New York City is taking a...
A New Jersey judge rejected a request from 26 towns for an injunction to halt the state’s affordable housing development process while their lawsuit challenging the state requirements is decided. The towns sued in October to void a state law the created guidelines for...
PenFed Mortgage Originations Rise 65% to $1.7 Billion Through September
