Two sisters who worked for a federally funded tribal housing organization in New Mexico are accused of using fake vendors to divert housing money and recover much of it in cash, according to a federal indictment announced Thursday. The U.S. Attorney’s Office for the...
The Federal Home Loan Bank of New York is putting another $10.3 million into six affordable housing projects after the developments cleared its 2026 Affordable Housing Program eligibility review but did not receive awards from that fund. The bank announced the...
New York City has moved one of Lower Manhattan’s largest proposed housing developments into public review, advancing a plan to replace the city-owned office building at 100 Gold Street with nearly 4,000 mixed-income homes.The proposal includes approximately 1,000...
Michigan has approved a major state financing component for Arbor South, a planned $651 million mixed-use redevelopment in Ann Arbor that is expected to add 1,069 homes and transform more than 2.2 million square feet of property.The Michigan Strategic Fund board...
Freddie Mac Multifamily has closed a $284.1 million affordable-housing securitization using a revamped M-Deal structure that the company says is more consistent with its other multifamily capital-markets executions.The M074 transaction covers 3,008 units across 19...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
