$144.5M in Funding Supports Affordable Housing Across California
The California Department of Housing and Community Development announced over $144.5 million in federal awards from the HOME Investment Partnerships Program to support affordable housing. The funding will assist 984 households across the state through rental...
Park Ridge, New Jersey Accused of Obstructing Affordable Housing Construction
A 448-unit affordable housing project in Park Ridge, New Jersey, is at the center of a lawsuit filed by Landmark AR Park Ridge LLC, which alleges that Park Ridge and its Board of Public Works obstructed construction of the project, causing more than $30 million in...
Oregon Invests $160 Million to Build and Preserve 740 Affordable Homes
Oregon will invest $160 million to build and preserve more than 740 affordable homes across 10 rental developments, according to Oregon Housing and Community Services. The projects, spanning manufactured housing to multi-bedroom family units, aim to serve seniors,...
Lawsuit Could Threaten Affordable Housing Rules in CA
A homeowner in East Palo Alto has filed a federal lawsuit challenging the city’s “inclusionary zoning” law, which requires developers to either include affordable units in new housing projects or pay a fee. The lawsuit is backed by the libertarian Pacific Legal...
Texas Awards $99M in Tax Credits for Affordable Housing
Texas has awarded over $99 million in housing tax credits to support the construction or rehabilitation of 63 affordable rental properties across the state. The funding, administered through the Housing Tax Credit Program, will help create or preserve more than 4,400...
West Orange, NJ Faces Builder’s Remedy Lawsuit Over Affordable Housing Lapse
A missed affordable housing deadline has triggered a lawsuit in West Orange, putting a historic property, Mayfair Farms, at the center of a local political feud. Developer Eagle Rock is suing the township to build a 410-unit complex, including 82 affordable units,...
FHLBank San Francisco Awards $49.7M for Affordable Housing in AZ, CA, NV
The Federal Home Loan Bank of San Francisco has awarded $49.7 million in Affordable Housing Program grants to support 31 housing projects across Arizona, California, and Nevada, for the creation of over 2,050 affordable units. The funding includes $44.6 million which...
Lawsuit Seeks to Block $60M Bond for Colorado Springs Affordable Housing Project
A residents’ group has filed a lawsuit to block Colorado Springs from issuing a $60 million private activity bond for the planned Royal Pines affordable housing complex. The group, Preserve Pine Creek, argues the bond violates Colorado’s Taxpayer’s Bill of Rights and...
Trump Administration Pushes Back on Cranbury’s Seizure of Historic NJ Farm for Affordable Housing
Federal officials are pressuring Cranbury Township to halt plans to acquire the 175-year-old, 21-acre historic, Henry Farm for affordable housing, with the Trump Administration citing potential violations of federal farmland requirements. USDA Secretary Brooke Rollins...
NY Gov Hochul Unveils $1 Billion Boost for Statewide Affordable Housing Projects
Governor Kathy Hochul has announced a $1 billion investment to create or preserve nearly 3,000 affordable homes across New York State as part of her $25 billion, five-year Housing Plan. The funding, comprised of $560 million in housing bonds and $466 million in...