Specialty Housing News
The latest trends, news and insights on affordable housing, senior housing and student housing.
Virginia Expands Affordable Housing with $154.5M in Loans
A record $154.5 million in Affordable and Special Needs Housing loans has been approved to fund 47 projects, creating or preserving 3,014 homes for low-income households in Virginia. The funding leverages an additional $974 million in public and private resources,...
Horizon House to Begin 33-Story Senior Living Tower Construction in Seattle
Horizon House is set to begin construction on its new 33-story West Tower in Seattle’s First Hill neighborhood, adding 202 residences to its University Street campus. Funded in part by $600 million in tax-exempt bonds, the high-rise will include independent, assisted...
Bipartisan Bill Aims to Make Student Housing More Accessible
Ohio and Iowa lawmakers introduced the Campus Housing Affordability Act to make on-campus housing more accessible and affordable for students. The bill would allow eligible students to use federal housing assistance for on-campus housing without affecting other...
House Unveils Bipartisan Housing for the 21st Century Act
House lawmakers have introduced the bipartisan Housing for the 21st Century Act, a sweeping bill aimed at boosting housing supply by reducing development costs and regulatory hurdles. The legislation includes provisions to streamline inspections, ease permitting and...
South Dakota Awards $59.4 Million for Affordable Housing Projects
South Dakota Housing’s Board of Commissioners has allocated $59.4 million to build and rehabilitate multifamily and single-family rental housing, plus $742,500 for affordable housing assistance programs. The funding includes $42 million in bond financing, $3.25...
Intercontinental and Interwest Acquire Idaho Student Housing, Plan Full Renovation
Intercontinental Real Estate and Interwest Capital have acquired River Edge, a 175-unit, 622-bed student housing community near Boise State University in Idaho, with plans to renovate all units to modern standards. The property sits in the Lusk District, a...
NIC MAP Reports Top Markets Driving Senior Housing Investment in 2025
NIC MAP reports that U.S. senior housing continues to attract significant investment, with $16.3 billion in transactions during the first three quarters of 2025 and rising prices per unit. The U.S. faces a 550,000-unit shortfall by 2030, creating a $275 billion...
Waterbury, Connecticut Affordable Housing Project Faces Legal Battle
Neighborhood Housing Services (NEST) and Carabetta Development are suing the Planning Commission after it rejected their Forest Hills subdivision, a 63-home workforce housing project on a 30-acre former horse farm near Route 69. The commission cited concerns over...
$272.6M Renovation Underway at East Harlem’s Affordable Housing Units
Merchants Capital has secured over $100 million in financing to acquire, recapitalize, and renovate 523 affordable housing units across Metro North Plaza and Gaylord White Houses in East Harlem, New York under a $272.6 million PACT project. The project will convert...
Construction Begins on Azalea Lake Mary Senior Living Project in Florida
ZOM Living, Mattoni Investments, and The Wideman Co. have broken ground on Azalea Lake Mary, a 178-unit senior independent living development in Lake Mary, Florida, with completion expected in early 2027. The community will offer one- and two-bedroom apartments for...
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