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Investors turn their eyes to affordable housing opportunities

Housing Wire

We’re seeing statistics from our developers across the country that their portfolios are holding up well,” he said. Entering the fourth quarter of a chaotic year, consumers appeared to be managing their finances with common sense, as much as they could.

Investors 436
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US Senate committee approves full funding for Ginnie Mae

Housing Wire

Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae. Patty Murray (D-Wash.), the chair of the committee.

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Building towards 2050: Ensuring affordable housing in an urbanized America

Housing Wire

To ensure affordable housing for all by 2050, innovative approaches to urban planning, financing, and policy must be explored. However, increased density presents challenges, such as the need for adequate infrastructure, transportation, and public services.

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Which Markets Are the Nation’s Renters Targeting?

Appraisal Buzz

In addition, mixed-use developments are bringing in new apartments, retail, and public spaces, while older buildings are being converted to residential spaces through adaptive reuse projects.

Marketing 397
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HUD affordability plan doesn’t include lowering FHA premiums

Housing Wire

Senior officials at the Department of Housing and Urban Development , which houses the FHA, said today during a press briefing that it would focus on improving financing for manufactured homes and revamp its renovation financing. Another area of focus for the administration is improving its financing for manufactured housing.

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Boston suburb’s housing battle with state echoes national issues

Housing Wire

As part of the broader community operating within the service area of the Massachusetts Bay Transportation Authority (MBTA), the affluent Boston suburb of Milton — with a population of roughly 29,000 people — was directed to comply with a new state law requiring the construction of new multifamily housing units in areas served by public transit.

Law 366
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FHA borrower fee gridlock draws ire of industry

Housing Wire

-based consultancy Potomac Partners , which specializes in the mortgage finance industry. “To Income from FHA premiums go into the general Treasury fund when Congress passes a Transportation and HUD appropriations bill. To use the budget in this way is the Washington equivalent of: ‘My dog ate my homework,’” Chappelle said.

Insurance 455