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...

L+M Development Purchases Affordable Housing in CT for $41 Million, Plans for $17 Million Rehabilitation

Feb 26, 2025 | Affordable Housing, Finance - Specialty Housing

L+M Development Partners is planning a $17 million renovation of Laurel Estates, a 276-unit low-income apartment complex in Waterbury, Connecticut, after its subsidiary, Laurel Estates Preservation LLC, successfully purchased the property for $41.25 million. The said...

KeyBank Finances $41.4M Senior Housing Redevelopment of First & Market in Pittsburgh, PA

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

KeyBank Community Development Lending and Investment provided $27 million in construction loan financing and arranged a $14.4 million permanent loan to transform the First & Market office building into 93 affordable senior housing units in downtown Pittsburgh,...

Fort Lewis College Expands Housing Options with $12 Million Apartment Purchase in Colorado

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

More residential units will be available to students at Fort Lewis College in Durango, Colorado, as the institution has expanded its student housing inventory with the $12 million purchase of the 1304 Apartments on Florida Road, adding 20 units and 68 beds. The...

$141.3 Million Affordable Housing Bond Funding Invested for Oregon Counties

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

As a response to the housing affordability issues that the residents of Oregon are currently facing, Oregon Housing and Community Services (OHCS) has announced that it is investing over $141.3 million in bond funding which will be used to develop and preserve more...

$10 Billion Affordable Housing Bond Headed for California’s 2026 Ballot

Feb 22, 2025 | Affordable Housing, Finance - Specialty Housing, Legal - Specialty Housing

Assembly Bill 736 and Senate Bill 417, both known as the Affordable Housing Bond Act of 2026, were recently introduced by Assemblymember Buffy Wicks and Senator Christopher Cabaldon, which would place a $10 billion affordable housing bond measure on California’s June...

FTK Construction Wins $13.7 Million Contract for Affordable Housing Project in Dallas, TX

Feb 16, 2025 | Affordable Housing, Finance - Specialty Housing, Procurement

FTK Construction Services has been awarded a $13,687,175 contract to rehabilitate the West Virginia Apartments, a 204-unit affordable housing community in Dallas, Texas. This marks FTK’s first project with April Housing, the property’s owner. Expected to be complete...

Washington Bill Seeks to Address Increasing Housing Costs for Seniors

Feb 11, 2025 | Legal - Specialty Housing, Senior Housing

The Washington State Legislature is taking action to address the rising costs of senior housing with the passing of House Bill 1204, which aims to ease the financial strain on residents of senior mobile and manufactured home parks by allowing them to have a roommate...

California Polytechnic State University’s $1 Billion Student Housing Project to Feature 4,200 Beds

Feb 11, 2025 | Finance - Specialty Housing, Student Housing

California Polytechnic State University has partnered with FullStack Modular, Steinberg Hart Architects, and design-build contractor Whiting-Turner for the development of a new 4,200-bed student housing, which will be located on the San Luis Obispo campus. The $1...

Ohio State Budget Proposal Earmarks $100 Million for Affordable Housing Development

Feb 11, 2025 | Affordable Housing, Finance - Specialty Housing

In a step to address housing affordability issues, Ohio Gov. Mike DeWine’s proposed two-year state budget includes a $100 million investment in the Ohio Housing Investment Opportunity Program to increase the development of affordable housing, especially in rural...

Monarch Private Capital’s $275 Million HSBC-Led Bond Issuance for Affordable Housing