CVS Health (NYSE: CVS) announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. The investment was made in collaboration with Family Tree and BlueLine Development. The development, known as Marshall...
The Walt Disney Co. (NYSE:DIS) cleared a major hurdle in its proposed $1.9 billion expansion of Disneyland with the Anaheim City Council giving preliminary approval for its development plans. KTLA reported the city council voted 7-0 in favor of the proposal early...
McShane Construction Company was tapped by Lincoln Avenue Communities to build Canyons, a 60-unit affordable housing residence in Madison, Wisconsin. Positioned on a 1.12-acre site, the building will feature four stories of wood frame construction atop a concrete...
Mary C. Daly is president and CEO of the Federal Reserve Bank of San Francisco. This article is adapted and edited from a recent presentation made at the 2024 National Interagency Community Reinvestment Conference in Portland. No matter where I go or who I talk to...
U.S. Rep. Adam Schiff (D-CA) has introduced the Government Facilities to Affordable Housing Conversion Act, a new bill designed to support the conversion of unused and underutilized federal, state, and local government-owned buildings into affordable housing units. If...