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Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project

Mamdani Proposes Turning NYPD Parking Lot into Affordable Housing Project

by Phil Hall | Jul 14, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani is seeking to turn an underused NYPD parking lot into an affordable housing development. The project is designed to create 131 affordable housing units, with 30% of the new apartments reserved for formerly homeless New Yorkers. The...
Vacant Philadelphia Church to Become 44-Unit Affordable Housing Project

Vacant Philadelphia Church to Become 44-Unit Affordable Housing Project

by Phil Hall | Jul 9, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The 481 CEI-Boulos Impact Fund, a partnership between TD Bank US and CEI-Boulos Capital Management, announced the closing a majority equity investment in the N. 33rd Street Redevelopment Project, which will convert the long-vacant Cornerstone Baptist Church property...
Four New Residential Projects Planned for Montreal’s Most Vulnerable Populations

Four New Residential Projects Planned for Montreal’s Most Vulnerable Populations

by Phil Hall | Jul 7, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A new partnership between Canada’s federal government, Quebec’s provincial government and Montreal’s municipal government has allocated $37.48 million to create four residential projects in Montreal for city’s most vulnerable populations. Two developments...
Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants

Federal Home Loan Bank of San Francisco Awards $66.3 Million in Affordable Housing Program Grants

by Phil Hall | Jul 7, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of San Francisco (FHLBank San Francisco) is allocating $66.3 million in Affordable Housing Program (AHP) grants that will support 45 affordable housing developments across Arizona, California and Nevada. This year’s AHP awards represent an...
New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles

New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los Angeles

by Phil Hall | Jun 30, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate investment company Kennedy Wilson has teamed with the multifamily development firm Jamison in a partnership that plans to deliver 4,000 affordable housing units across Los Angeles through adaptive reuse and ground up construction. The partnership,...
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