Even With Inflation Running Hot and Elevated Mortgage Rates, Buyer Demand Rises
Mortgage rates will likely stay high for the next few months, but that doesn't seem to be deterring homebuyers
The Garden State Takes a New Approach to Expanding Affordable Housing
Recent legislation in New Jersey could provide inspiration for eliminating affordable housing hurdles in other places with strong housing markets
Housing As Health Care: The Debate Continues
As more states channel Medicaid money into housing, the debate around whether states should use public health insurance money to provide housing is intensifying
Eugene, Ore., to Use $1M Trust Fund for Affordable Housing
The city is currently seeking proposals for affordable housing projects
Are Fed Rate Hikes a Thing of the Past?
The Federal Reserve held rates steady again in December and forecasts three rate cuts in 2024
Pennsylvania Allocates $98M to Tackle Affordable Housing Shortage
The state of Pennsylvania has allocated the funds from the American Rescue Plan Act to produce more affordable housing units
Government + Policy
California Rep. Maxine Waters Proposes Billions to Help Low-Income Homebuyers
The new proposal aims to significantly expand funding for low-income housing
Housing Policy + Finance
The Federal Reserve Is Loosening Its Grip on the Housing Market
The Fed opted not to elevate already high interest rates this month, and experts say that rare break could mean greater housing affordability is on the horizon
Government + Policy
HUD Secretary Addresses NAHB Members and Calls for More Affordable Housing Development
U.S. Housing and Urban Development Secretary Marcia Fudge urged National Association of Home Builders members meeting in the nation's capital to build more affordable housing across the nation
Housing Policy + Finance
How Rent Control May Actually Be Hurting Cost-Burdened Tenants
While both tenants and landlords can benefit from effective housing policies, many existing regulations thwart new housing development that could ultimately reduce rental costs
Housing Policy + Finance
Pittsburgh Urban Redevelopment Authority Increases Investment for Affordable Housing
The redevelopment authority recently advanced a $42 million bond issue to fund new affordable housing projects
Government + Policy
Home Building Professionals Call on Congress to Address Housing Issues
More than 700 home building professionals marched on Capitol Hill this week to urge Congress to address key issues impeding new affordable housing production
Housing Policy + Finance
How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation
Detroit's mayor is introducing a new land value tax plan intended to increase funding for new construction and resolve a rental affordability crisis
Financing
FHA Introduces Plan to Help Mortgage Borrowers With Monthly Payments
The Federal Housing Administration is working to reduce monthly payments for homeowners struggling to pay their mortgages by introducing a new payment supplement program
Government + Policy
Bipartisan House Bill Aims to Incentivize Home Selling
The More Homes on the Market Act seeks to amend the sales gain tax exclusion to bring more homes into the for-sale market
Affordability
Jericho Project Receives HUD Funding to House Unsheltered New Yorkers
The nonprofit Jericho Project seeks to house 90 unsheltered New Yorkers over a three-year grant period with the help of recent funding from the U.S. Department of Housing and Urban Development
