Trump’s HUD Cuts Could Deepen San Francisco’s Housing Crisis
President Trump’s proposed budget includes $33.5 billion in cuts to the Department of Housing and Urban Development, threatening critical support for San Francisco’s low-income residents. The city currently relies on $644 million in HUD grants, half of which fund...
147 Affordable Homes Completed, 113 More Break Ground in San Mateo County, California
Local officials celebrated the completion of 147 new affordable homes and broke ground on 113 more in Daly City as part of the largest affordable housing redevelopment in San Mateo County, California, history. Developed by MidPen Housing, the Midway Village project is...
Southeastern Tribes Secure $52 Million For Affordable Housing Development
HUD Secretary Scott Turner has announced over $52 million in Indian Housing Block Grant funding for Tribes and housing entities across five Southeastern states, including Alabama, Florida, Mississippi, North Carolina, and South Carolina, to support affordable housing...
Boston Sues Trump Admin Over $3.6 Billion Housing Grant Threat
Boston, together with other cities and counties, has filed a federal lawsuit against the Trump administration over $3.6 billion in threatened housing and homelessness prevention grants, as it stands to lose $48 million unless it complies with new executive orders. The...
New York Faces Housing Crisis as Trump Proposes $27 Billion Cut in Aid
President Trump’s proposed budget would slash nearly $27 billion in federal housing aid, threatening affordable housing for 1 million New Yorkers who rely on the state’s housing safety net. Advocates warn the cuts could trigger mass evictions, homelessness, and...
WNC Closes $228M Fund to Support Affordable Housing Properties in 17 States
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
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
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...
Construction Begins on $36.9 Million Affordable Senior Housing Complex in Portland, Oregon
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
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...