Tag Archives: Opportunity Zones

Median price up in 49% of Opportunity Zones: ATTOM

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ATTOM released its 2024 report on sales activity in Opportunity Zones around the country, finding it tracks closely to typical markets. Continue reading →

Name change, budget cuts at top of HUD secretary’s list

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Department of Urban Housing and Development Secretary Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent. Continue reading →

Senate confirms Scott Turner as HUD secretary in 55-44 vote

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Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading →

Will HUD Secretary Scott Turner be good for housing?

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Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary. Continue reading →

Former HUD Secretary: We need big ideas on affordable housing

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At her first ICNY appearance, former HUD Acting Secretary Adrienne Todman talked about missed opportunities to improve inventory and why it’s will — not funds — keeping the U.S. from solving the affordable housing crisis. Continue reading →

Trump’s HUD seeks to eliminate climate change and bias initiatives

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President Trump’s second term is a second chance at overturning Obama-era housing discrimination policies. Housing advocates fear he will succeed, effectively undermining 56 years of fair housing progress. Continue reading →

More areas ID’d for redevelopment see big home-price gains

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Investors in these lower-income “opportunity zones” receive tax incentives for improvements. And 2 in 5 of these neighborhoods saw a disproportionately large rise in home prices in late 2024. Continue reading →

Price gains in ‘opportunity zones’ keep pace with national hikes

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Census tracts chosen for preferential tax treatment in 2017 tax bill are seeing prices rise, have attracted buyers priced out elsewhere. 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 →

Home prices increase in almost half of opportunity zones

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A new report from Attom Data Solutions shows that 47 percent of qualified opportunity zones saw median home prices rise more than the national increase of 9.4 percent year-over-year. Continue reading →