CVS Health (NYSE: CVS) announced the allocation nearly $35 million in equity investments towards the creation of two new affordable housing developments in Hawaii. In collaboration with Urban Housing Communities, Ikaika ‘Ohana and Hunt Capital Partners, CVS...
The U.S. Department of Housing and Urban Development (HUD) announced $115 million in grant funding will be made available to support the development and improvement of affordable rental housing for low-income seniors. The funds are being provided under HUD’s Section...
Mortgage Bankers Association (MBA) President and CEO Bob Broeksmit took the Biden administration to task for housing policies that he considered unwise and onerous. In remarks delivered today before the MBA’s 2024 Commercial/Multifamily Convention and Expo,...
The Arthur @ Blackstone, an affordable housing development in Fresno, California, has officially been opened. The 41-unit development offers a mix of one-, two- and three-bedroom apartments, with 20 reserved for families, 20 for transitional youth ages 18-24 and one...
Catalyst Impact Fund, Inc. (CIF), a California-based nonprofit housing investor, has acquired 787 The Alameda, a 168-unit multifamily community in San Jose. The financial terms of the deal were not disclosed. CIF stated future leasing at the 2018-built property will...
Zillow Cuts Its Late-2026 Home Sales Outlook as Rents Accelerate
