USDA Rural Development has launched a 24-month pilot designed to make it easier to preserve and transfer federally supported rural rental properties, a policy change that reaches a portfolio of roughly 400,000 affordable apartments.The agency announced the Multifamily...
An affordable housing portfolio in Queens has secured an $86.4 million Freddie Mac refinancing, replacing acquisition financing on 506 apartments and providing another example of agency capital supporting preservation deals while conventional real estate debt remains...
Airbnb is putting $250 million behind a new effort to get stalled housing developments moving, an unusually direct intervention in the housing-supply debate from a company that has spent years facing criticism over the effect short-term rentals can have on local...
We use the term “affordable housing” constantly in this industry. I use it. WRE News uses it. Developers, elected officials, housing agencies and advocates all use it. The problem is that two apartments can both legally and accurately be described as affordable...
A real estate agent in Victoria, British Columbia, had his license suspended for six months and was fined $200,000 for violating rules related to a provincial affordable homeownership program. Castanet.com reports the British Columbia Financial Services Authority...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
