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Lincoln Avenue Communities Breaks Ground at Two Wisconsin Affordable Housing Developments

Lincoln Avenue Communities Breaks Ground at Two Wisconsin Affordable Housing Developments

by Phil Hall | Jun 28, 2024 | News/Current Events, Real Estate News, WRE News Exclusive

The affordable housing developer Lincoln Avenue Communities (LAC) hosted a groundbreaking ceremony on the future site of The View and The Victoria at Huxley Yards, two new developments in Madison, Wisconsin. The Huxley Yards developments will provide a combined 553...
HUD Releases $85 Million in PRO Housing Program Grants

HUD Releases $85 Million in PRO Housing Program Grants

by Phil Hall | Jun 26, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Ahead of tomorrow’s presidential debate, the Biden administration is announcing $85 million in grant funding for the Pathways to Removing Obstacles to Housing (PRO Housing) program, which is designed to lower housing costs and remove barriers to affordable housing...
Treasury Department Rolls Out New Initiative to Increase Housing Affordability

Treasury Department Rolls Out New Initiative to Increase Housing Affordability

by Phil Hall | Jun 24, 2024 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of the Treasury has announced a new effort to boost housing affordability. According to a press statement from the Treasury, the new initiative will include the launch of a program administered by the CDFI Fund to provide an additional $100 million...
Harvard Study: New Construction Barely Addresses Housing Affordability Challenges

Harvard Study: New Construction Barely Addresses Housing Affordability Challenges

by Phil Hall | Jun 20, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Affordability issues for homeowners and renters are creating an economic crisis that is not being easily solved with new construction, according to “The State of the Nation’s Housing 2024” report published by the Joint Center for Housing Studies of Harvard University....
Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

Seven-Building Affordable Housing Portfolio in Brooklyn is Sold

by Phil Hall | Jun 19, 2024 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Tredway, an affordable and mixed-income real estate developer that builds and preserves high-quality, high-opportunity housing, has partnered with ELH Mgmt. LLC in the acquisition of a seven-building, 193-unit affordable housing portfolio in Brooklyn’s Fort...
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