Tag Archives: Affordable Housing

JPMorgan Chase commits $400M to affordable housing

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The banking giant will provide low-cost loans, equity and grants for nonprofits and other groups that work with Black and Latino households on affordability issues. Continue reading →

In today’s market, does down payment assistance really help?

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What we really need is more housing — especially affordable housing. Prices are still going up, and soon, there won’t be any houses priced low enough to be affordable for people who are within the income limits that qualify them for financial help. Continue reading →

HUD sends $690M to states for affordable housing

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The Housing Trust Fund is funded by a fee on Fannie Mae and Freddie Mac and devoted to affordable housing for low- and extremely low-income households. Continue reading →

Commission, appraisals, inventory: 11 challenges agents face today

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Last year was a trying one, but it taught us to stretch ourselves, our business brains and our mindsets. It also forced us to adapt in an ever-evolvig landscape. Here are the top challenges agents face on the daily. Continue reading →

Frontline workers are at greatest risk of housing shortage

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A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading →

As aging urban cores get more expensive, a source of affordable housing diminishes

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Sam Khater, chief economist at Freddie Mac, believes we’re starting to see American metros becoming more like European cities, where low- and middle-income individuals live in the suburbs, rather than dense urban cores. Continue reading →

Leading the Way in Innovative Affordable Housing for Older Adults

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Until recently, Ruth Mariam, 95, of St. Louis, had to spend $50 each way on a cab ride to get from her apartment to her doctor. Otherwise, she’d have to ask one of her children to take off work to give her a lift. But in September, that changed when he… Continue reading →

How a broker went from homeless to building a $14M development

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Lafayette, Louisiana-based broker Terrica Smith shares how surviving Hurricane Katrina led her to her calling — providing affordable housing. Continue reading →

Zillow launches search tool to help connect Seattle’s homeless with affordable housing

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Zillow partnered with the Seattle government as well as local nonprofit Housing Connector and its network to enable a more streamlined process for searching for affordable housing. Continue reading →

Nebraska attempts to stave off housing crisis with upzoning plan

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As home values slowly creep up, Nebraska legislators are attempting to curtail a possible affordability crisis with three housing-related bills. Continue reading →