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$91 Million Affordable and Supportive Housing Development Opens in the Bronx

$91 Million Affordable and Supportive Housing Development Opens in the Bronx

by Phil Hall | Jul 28, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The New York State Division of Housing and Community Renewal announced the completion of Williamsbridge Gardens, a $91 million affordable and supportive housing development in the Williamsbridge section of the Bronx. The new development consists of two eight-story...
HUD Debuts $85 Million Program for Removing Barriers to Affordable Housing

HUD Debuts $85 Million Program for Removing Barriers to Affordable Housing

by Phil Hall | Jul 27, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has unveiled Pathways to Removing Obstacles to Housing (PRO Housing), a new program that will provide $85 million in grants for communities to identify and remove barriers to affordable housing production and...
FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects

FHLBank San Francisco Awards $2 Million for Arizona Affordable Senior Housing Projects

by Phil Hall | Jul 17, 2023 | 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 $2 million in Affordable Housing Program (AHP) grants to a pair of Arizona projects designed to create 142 units of affordable housing for seniors. $1 million was awarded for the new...
Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds

Ontario Nonprofit Plans to Fund Affordable Housing Expansion with Community Bonds

by Phil Hall | Jul 11, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Places for People (P4P), a nonprofit organization which creates and manages quality affordable housing in Ontario’s Haliburton County, has launched the county’s first community bond campaign. The nonprofit said it will sell P4P Bonds to raise $850,000 to refinance...
Hits and Misses for the Real Estate Week June 26-30

Hits and Misses for the Real Estate Week June 26-30

by Phil Hall | Jun 30, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A quartet of proactive federal agencies, a mayor who took criticism the wrong way and a tree-hating neighbor from hell. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: Thank You for Being a Friend. Most federal...
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