Virginia has become the latest state to clear the way for churches and other faith groups to build affordable housing on their land, borrowing a page from a California precedent-setting attainable housing win-win innovation.
"We're talking about revitalizing our neighborhoods and rebuilding our communities that are facing blight and abandonment. We're also talking about adding tax dollars to our revenue stream and creating new economic opportunities."
After the divorce, I had to settle somewhere. Your choice is limited, said Margot Hollander, reflecting on her housing options as a retired dance teacher with a modest income.
Nykia Wright, CEO of NAR, stated, "Rebuilding trust requires more than words—it requires visible progress. That's why we're committed to sharing clear, regular updates that show members how this work is making a real difference."
Georgia's program ranks among the most generous in the country, with many states offering their own versions of a match with the federal LIHTC program, often focusing on preserving existing affordable housing rather than building more.
BHI provided a $167 million construction loan to Yellowstone Real Estate Investments for the conversion of the Candler Building into a 176-unit residential tower with retail space, totaling $203 million in financing.
The affordable housing lottery has launched for three new 100% affordable buildings dubbed Brownsville Crossing, with rents starting at $545 a month for various unit types.
Locals living near the Irish Glass Bottle site in Dublin have threatened legal action blocking a Johnny Ronan-led consortium from renting or selling new apartments there. The row centres on the provision of affordable housing and a 2018 agreement made when the site was given strategic development zone (SDZ) planning status to fast-track the delivery of almost 4,000 homes.
A fire damaged one of Oakland's most beloved historic landmarks, raising concerns about the preservation of the city's cultural heritage and the impact on the community.
Galliard Homes reduced the amount of affordable housing in the project's housing stock from 35 per cent to just 10 per cent, citing increased construction costs and changing building regulations as key factors.
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