Philadelphia Mayor Cherelle Parker said October 27 that Citizens Bank has signed on as the first lender for the city’s planned One Philly Mortgage program, a new effort to expand access to homeownership for residents facing high borrowing costs.Parker disclosed...
A $35.83 million construction financing package has closed for Somerset Phase II, a planned 170-apartment project in Philadelphia’s Port Richmond neighborhood, according to an October 13 announcement from D2 Capital Advisors.The package includes a $19.87 million...
Philadelphia’s Tioga-Franklin Savings Bank has become the nation’s fifth bank failure of the year. The $68 million-asset Black-owned bank was closed on Friday by the Pennsylvania Department of Banking and Securities, which appointed the Federal Deposit Insurance Corp....
The 481 CEI-Boulos Impact Fund, a partnership between TD Bank US and CEI-Boulos Capital Management, announced the closing a majority equity investment in the N. 33rd Street Redevelopment Project, which will convert the long-vacant Cornerstone Baptist Church property...
A Philadelphia contractor with an extremely extensive active list of fraud cases across Pennsylvania has been arrested following charges that he conducted another home improvement fraud scheme. North Penn Now reports Scott David Miller and a co-defendant, Alexandra...
Euro-Area Housing Loan Demand Falls Sharply as Higher Rates Hit Borrowers
