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