Using Credit Risk Transfers to Fund Affordable Housing
Could government-sponsored enterprises, tasked with making residential mortgages accessible to underserved populations and increasing the liquidity of mortgage investments, use credit risk transfers as a tool to achieve these goals? A recent research brief from the...
New York State Awards $104 Million to 16 Affordable Housing Developments
As part of NY Governor Hochul’s $25 billion, 5-year statewide housing plan, $104 million has been awarded to 16 developments throughout New York for the creation and preservation of 864 affordable houses. These awards are being provided through New York State...
New California Budget Directs $2 Billion to Affordable Student Housing
California Governor Newsom signed a $308 billion budget this week which will direct $2 billion to affordable student housing, building on last year’s $2 billion grant. More details on housing-related items, CA.gov reported: Additional details include:$1.95...Listen to Our Civic Development Podcast!
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