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...

Public-Private Partnership Brings Affordable Senior Housing to Washington, D.C.

Apr 9, 2025 | Finance - Specialty Housing, Public Private Partnerships (P3s), Senior Housing

Atlantic Pacific Cos. and Nix Development Co. have completed the 47-unit Dix Street Residences, an affordable senior housing community in Washington, D.C., which will serve families with at least one senior member and include units reserved for households earning...

MassDevelopment Issues $45.2M Bond for a Six-Story Affordable Housing in Boston

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

A $45.2 million tax-exempt bond has been issued by MassDevelopment to support the construction of a six-story, 96-unit affordable housing development, an initiative that is part of Boston's Amory Street redevelopment by the Boston Housing Authority, The Community...

Nevada Governor Pushes Bill That Earmarks $250m to Spur $1 Billion in Affordable Housing

Apr 9, 2025 | Affordable Housing, Finance - Specialty Housing, Legal - Specialty Housing

Nevada Gov. Joe Lombardo has unveiled Assembly Bill 540, a housing development bill that allocates $250 million in state funds to help develop over $1 billion in affordable housing projects. The bill aims to support those earning up to 150% of the area median income,...

Philadelphia’s $2 Billion Housing Plan to Create and Protect 30,000 Affordable Homes

Mar 25, 2025 | Affordable Housing, Finance - Specialty Housing

Mayor Cherelle Parker recently unveiled a $2 billion housing initiative to build 13,500 new affordable homes and preserve 16,500 existing ones. The initiative, called Housing Opportunities Made Easy (H.O.M.E.), would include programs to assist renters, homeowners, and...

Landmark Properties Buys Site Near the University of Connecticut to Build 738-Bed Student Housing Community

Mar 23, 2025 | Finance - Specialty Housing, Student Housing

Landmark Properties has acquired a 1.56-acre site at 134 North Eagleville Road near the main campus of the University of Connecticut in Storrs, Connecticut, to build The Mark Mansfield, a 738-bed student housing community. The site was acquired in partnership with...

Historic Broadview Hotel Transformed into $44 Million Senior Housing Community in Illinois

Mar 23, 2025 | Finance - Specialty Housing, Senior Housing

Efficacy Consulting is set to open The New Broadview Mature Adult Living Facility, a $44 million, 110-unit affordable senior housing community in East St. Louis, Illinois. This development was made possible through funding provided by Community Lifeline, which...

Cleveland, Ohio’s $100 Million Investment Fund to Build 3,000 Affordable Homes Launched

Mar 23, 2025 | Affordable Housing, Finance - Specialty Housing

Cleveland is tackling its affordable housing crisis with the launch of the Cleveland Housing Investment Fund (CHIF), aiming to raise $100 million to build between 2,500 and 3,000 affordable homes, including a minimum of 100 units of for-sale housing. This initiative...

$270 Million Boost Aims to Deliver 1,800 Affordable Homes Across New York

Mar 23, 2025 | Affordable Housing, Finance - Specialty Housing

In a move to combat the ongoing housing crisis, New York State is making a $270 million investment for the creation of 28 separate housing developments. The funding will be used for the construction and preservation of over 1,800 affordable homes and draws from...

Kansas City, MO Approves Funding for $300 Million Parade Park Homes Redevelopment

Mar 12, 2025 | Affordable Housing, Finance - Specialty Housing

More affordable housing units are coming to Kansas City, Missouri, following the passage of an ordinance approving funding for the $300 million redevelopment of Parade Park Homes. The project, led by Flaherty & Collins Properties and Twelfth Street Heritage...

Alpena, Michigan Greenlights Development and TIF Plan for $47 Million Senior Housing Project

Mar 9, 2025 | Finance - Specialty Housing, Senior Housing

A development plan and Tax Increment Financing (TIF) plan have recently been approved by the City of Alpena, Michigan, for a new $47 million senior housing project, which will be called The Gardens of Alpena Senior Living Community. The community will feature 128...

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