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Jonathan Rose Buys 150-Unit Santa Cruz Apartment Community for $85 Million, Extends Section 8 Affordability

Jonathan Rose Buys 150-Unit Santa Cruz Apartment Community for $85 Million, Extends Section 8 Affordability

by John G. Stevens | Oct 6, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Jonathan Rose Companies has acquired La Posada Apartments, a 150-unit mixed-income community in Santa Cruz, California, for $85 million, pairing the acquisition with a long-term extension of federal affordability protections. The property at 609 Frederick Street...
Former Atlanta Housing Authority Executive Sentenced for Section 8 Fraud Charges

Former Atlanta Housing Authority Executive Sentenced for Section 8 Fraud Charges

by Phil Hall | May 27, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

Tracy Denise Jones, a former senior vice president at the Atlanta Housing Authority, was sentenced to nine months in prison and ordered to pay restitution for a scheme to fraudulently collect Section 8 housing assistance payments for her own rental property and family...
HUD Cracks Down on Illegal Immigrants in Public Housing

HUD Cracks Down on Illegal Immigrants in Public Housing

by Phil Hall | Sep 2, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner has informed the nation’s public housing authorities that households receiving a Section 8 voucher or residing in HUD-funded housing must provide proof of US citizenship or eligible immigration status. In a...
A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?

by Phil Hall | May 6, 2025 | A Phil Hall Op-Ed, Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A Phil Hall Op-Ed: President Trump submitted his proposed Fiscal Year 2026 budget to Congress and it reduces non-defense discretionary spending by $163 billion. Among the proposed cuts is the $33.6 billion reduction in funds allocated to the Department of Housing and...
Report: Trump Planning to Overhaul Section 8 Voucher Program

Report: Trump Planning to Overhaul Section 8 Voucher Program

by Phil Hall | Apr 17, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Trump administration is reportedly planning an overhaul of federal housing assistance programs that would include the replacement of Section 8 housing vouchers with housing grant systems. The New York Times, sourcing its coverage from “three people familiar with...
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