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NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land

NYC Mayor Mamdani Launches Expedited Process to Approve Affordable Housing on City-Owned Land

by Phil Hall | Mar 25, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani has unveiled Neighborhood Builders Fast Track, an expedited process designed to speed the delivery of affordable housing on city-owned land. Under this new initiative, the city’s Department of Housing and Preservation Development...
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund

Bridge Housing Exceeds $90 Million at First Close of New Impact Fund

by Phil Hall | Mar 11, 2026 | News/Current Events, Real Estate Investing, Real Estate News, U.S. Housing Market, WRE News Exclusive

Bridge Housing, a San Francisco-based nonprofit affordable housing owner and developer focused on West Coast markets, announced the first close of Bridge Housing Impact Fund I with more than $90 million. The fund is designed as an investment platform to accelerate the...
Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected

Plan to Create Affordable Housing in Wales for Welsh Speakers Only is Rejected

by Phil Hall | Mar 2, 2026 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

An application for a new affordable housing development in Wales ran into a roadblock when organizers attempted to limit residency to Welsh-language speakers only. The BBC reports the application by Grŵp Cynefin to build 15 affordable homes in the seaside village of...
NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project

NYC Mayor Mamdani Lobbies Trump for $21 Billion to Fund Affordable Housing Project

by Phil Hall | Feb 27, 2026 | News/Current Events, Real Estate News, WRE News Exclusive

New York City Mayor Zohran Mamdani made a surprise trip to the White House yesterday with the goal of lobbying President Trump into allocating $21 billion federal funds for a massive affordable housing project. The proposed project would build 12,000 affordable...
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs

Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs

by Phil Hall | Feb 26, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced it is allocating $120 million for its 2026 affordable housing programs. The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance...
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