Paul Compton is managing partner at the law firm Compton Jones and Dresher LLP. This article is adapted and edited from the hearing entitled “Housing Solutions: Cutting Through Government Red Tape” held last week before the U.S. House of Representatives Financial...
New York City Mayor Eric Adams accused opponents of new affordable housing developments of advocating a new era of “Jim Crowism.” According to a Gothamist report, the city produced more than 14,700 new apartments with rents capped for low- and middle-income tenants...
Canada Mortgage and Housing Corporation (CMHC) has announced its new Frequent Builder framework to speed the creation of affordable and rental homes by expediting the application process for housing providers. The new framework will target experienced housing...
The Denver City Council hit the brakes on Mayor Mike Johnston’s proposal to increase the sales tax to fund affordable housing development. The proposal, which was floated earlier this month, would add an extra 0.5% to the city’s current effective 8.81% sales tax...
Pretium, a New York City-headquartered investment firm with over $50 billion in assets under management, has closed its sixth single-family housing fund above target with $1.5 billion in aggregate commitments to create more affordable housing. According to the firm,...