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FHFA Seeks Applicants for Affordable Housing Advisory Committee

by Phil Hall | Sep 18, 2023 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) is accepting membership applications for its Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing.​ The Committee advises the FHFA on affordable, equitable, and sustainable housing issues, including...
Hits and Misses for the Real Estate Week of Sept. 4-8

Hits and Misses for the Real Estate Week of Sept. 4-8

by Phil Hall | Sep 8, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Disturbing data from the mortgage world, a new grass roots movement for affordable housing in California, and a Manhattan high-rise where you can park your car outside of your apartment’s front door. From the wild and woolly world of real estate, here are the...
FHLBNY Awards $42 Million for 42 Affordable Housing Initiatives

FHLBNY Awards $42 Million for 42 Affordable Housing Initiatives

by Phil Hall | Aug 23, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) has awarded $41.98 million in subsidies to fund 42 affordable housing initiatives. The projects being funded are located in New York, New Jersey, Connecticut, Pennsylvania, Florida, Texas, California, Puerto Rico and the...
Truist Allocates $15 Million to Fund Affordable Housing in North Carolina

Truist Allocates $15 Million to Fund Affordable Housing in North Carolina

by Phil Hall | Aug 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Truist Financial Corp. (NYSE: TFC) and Truist Foundation announced a $15 million program to support affordable housing in North Carolina. According to Charlotte-headquartered company, there will be a $15 million equity investment from Truist Community Capital in the...
Residential Property Development Announced for World Trade Center Site

Residential Property Development Announced for World Trade Center Site

by Phil Hall | Jul 31, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New York Gov. Kathy Hochul announced a deal between the state and developers to build 5 World Trade Center, which will be the sole residential property within the 16-acre redevelopment project in lower Manhattan. The 900-foot-tall property will be constructed on the...
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