Specialty Housing News

The latest trends, news and insights on affordable housing, senior housing and student housing.

Civic Development Podcast #1: The Big Beautiful Bill and Affordable Housing in the 2nd Trump Administration with David Gasson

Episode #1 David Gasson of MG Housing Strategies joins us to break down everything affordable housing professionals need to know about the state of play in the 119th Congress and the 2nd Trump Administration. * The episode begins with a discussion on the 2nd Trump...

Florida Tech to Build New 555-Bed Student Housing Complex

To meet the rising enrollment rate, Florida Tech is planning to build a six-story, 555-bed student housing complex atop the Southgate intramural sports field, which is expected to increase the campus’s housing capacity by 27%. The 212,000-square-foot facility will...

New Jersey Court Rules Against Towns Challenging Affordable Housing Mandates

Judge Robert Lougy, a New Jersey judge, has rejected a request from 26 towns to halt the state’s affordable housing process while their lawsuit challenging a new law outlining housing obligations continues. The towns, which sued in October, argued that the law...

San Francisco Pulls $20 Billion Affordable Housing Bond From November Ballot

In a sudden turn of events, two months after the board of the Bay Area Housing Finance Authority voted to place a $20 billion affordable housing bond on this year's ballot, the board this week unanimously decided to pull the measure from the November ballot. The...

UC San Diego Seeks Approval for $2 Billion Student Housing Village; Would Be Largest in San Diego County

A $2 billion student housing village is on the horizon on the eastern edge of UC San Diego's main campus as Chancellor Pradeep Khosla seeks approval from the University of California for its development. The proposed village is set to exceed the size of any...

New California Budget Directs $2 Billion to Affordable Student Housing

Funding Flowing to Local Governments for Affordable Housing Construction

Billions of dollars in public funding and tax enrichments are currently available to support the construction of affordable housing throughout the U.S. The impetus behind these incentives is the country’s affordable housing shortage which has reached near-crisis...

$66.5 Million in Senior Housing Underway in Pinellas County, Florida

May 6, 2025 | Finance - Specialty Housing, Senior Housing

Florida will soon see additional senior housing units as the Pinellas County Housing Authority moves forward with several affordable housing developments for low-income seniors, including the $37.5 million Flats on 4th and the $29 million Heritage Oaks. PCHA recently...

WNC Closes $228M Fund to Support Affordable Housing Properties in 17 States

May 6, 2025 | Affordable Housing, Finance - Specialty Housing

WNC & Associates has closed Institutional Tax Credit Fund 57, a $228 million fund supporting 26 affordable housing properties across 17 states: Alaska, Arizona, California, Idaho, Iowa, Kansas, Maine, Massachusetts, Mississippi, Montana, North Dakota, Nebraska,...

NYC Mayor Adams Unveils $24.7 Billion Budget for NYC Affordable Housing

May 6, 2025 | Affordable Housing, Finance - Specialty Housing

Mayor Eric Adams unveiled his Fiscal Year 2026 Executive Budget, featuring a $24.7 billion investment over ten years to make affordable housing more accessible and to strengthen long-term housing stability in New York City. Key allocations include $1 billion for the...

Oregon Treasury Injects $1.5 Billion Into Affordable Housing and Infrastructure Projects via Bond Sales

Apr 23, 2025 | Affordable Housing, Finance - Infrastructure, Finance - Specialty Housing, Infrastructure

Oregon State Treasury's latest bond sales are set to inject nearly $1.5 billion into transformative public projects across the state, including affordable housing initiatives and infrastructure upgrades. Out of the $925 million raised in the first bond sale, $301...

California Coastal Commission Greenlights $624 Million Student Housing at UC Santa Barbara

Apr 22, 2025 | Finance - Specialty Housing, Student Housing

The University of California, Santa Barbara received approval from the California Coastal Commission to proceed with San Benito Student Housing, a $624 million on-campus housing complex scheduled for completion in 2027. Designed by Mithun and Skidmore, Owings &...

Construction Begins on $36.9 Million Affordable Senior Housing Complex in Portland, Oregon

Apr 22, 2025 | Affordable Housing, Finance - Specialty Housing, Senior Housing

Construction is underway for M Carter Commons, a $36.9 million, 62-unit affordable housing complex for seniors in Portland, Oregon’s Overlook neighborhood. Funded in part by an $8.1 million affordable housing bond award from the Portland Housing Bureau and a $300,000...

Two Affordable Housing Projects in Petaluma, CA Secure $90 Million in Bonds

Apr 22, 2025 | Affordable Housing, Finance - Specialty Housing

California will see more affordable housing units as the Petaluma City Council recently approved $90 million in tax-exempt bonds to support two projects: Meridian and Rovina Lane. Developed by Danco Group, Meridian was approved for $65 million in tax-exempt bonds to...

$800 Million Housing Plan Aims to Build 30,000 Affordable Housing Across Philadelphia

Apr 22, 2025 | Affordable Housing, Finance - Specialty Housing

Philadelphia Mayor Cherelle L. Parker unveiled her $800 million H.O.M.E. initiative, aiming to build or preserve 30,000 homes through expanded housing programs funded by city bonds. Over $600 million will go toward seven major initiatives, with the remainder...

Miami Dade County Greenlights $3 Billion Mixed-Use P3 Project with 5,700 Affordable Units

Apr 10, 2025 | Affordable Housing, Finance - Specialty Housing, Public Private Partnerships (P3s)

A massive 63-acre mixed-use redevelopment with over 5,700 affordable housing units will soon rise in the neighborhoods of Little River and Little Haiti, as the Miami-Dade County Commission has recently approved the $3 billion Little River District public-private...

Construction Begins on a 678-Bed Student Housing Project Near Purdue University

Apr 9, 2025 | Finance - Specialty Housing, Student Housing

Construction has begun on The Standard at West Lafayette, a 678-bed student housing community near Purdue University, led by a joint venture of Landmark Properties, Manulife Investment Management, and Peninsula Investments. With $82.8 million in financing arranged by...

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