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Affordable-housing developers and advocates for the homeless battle prevailing-wage bill

Developers of low-cost housing and homelessness advocates say paying the prevailing wage will put them in the poorhouse. Three of the leading industry groups representing below-market builders... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

KC Council readies to trade parking spots for lower-cost apartments

Kansas City appears ready to relax parking requirements for developers who add to the affordable housing stock. The City Council’s Housing Committee voted unanimously on Wednesday in favor of an ordinance that would cut the requirement for devel.....»»

Category: topSource: bizjournalsApr 11th, 2019

Hawaii lawmakers advance $570M package for affordable housing

House and Senate conferees on Tuesday passed a funding package that would provide some $570 million for the construction of more than 25,000 affordable housing units in Hawaii over the next 12 years. House Bill 2748 would provide financing and incenti.....»»

Category: topSource: bizjournalsApr 25th, 2018

Seattle"s proposed tax to fight homelessness may hit Amazon hardest

Seattle has a thriving economy and booming housing market, and is home to successful businesses like Amazon and Starbucks. But it also has a homeless crisis and an affordable housing problem......»»

Category: topSource: cnnApr 24th, 2018

Developers pitch $2 billion housing complex for South Bronx waterfront

A pair of affordable-housing developers are proposing a $2.2 billion mixed-use complex along the South Bronx waterfront, including 2,000 apartments. Called Alexander Landing—for Alexander... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 19th, 2018

Pulte to build affordable townhouses in Palm Beach County

Pulte Homes will partner with the West Palm Beach Housing Authority to build an affordable townhome project in the city. This deal was a result of the county’s affordable housing program for projects in unincorporated areas. Developers of major r.....»»

Category: topSource: bizjournalsApr 10th, 2018

Seattle companies voice opposition to proposed tax to fight homelessness

Leaders from more than 100 Seattle-based businesses signed a letter objecting to a proposed tax on big employers intended to alleviate the city's affordable housing and homeless crisis......»»

Category: topSource: cnnMay 9th, 2018

Banks are walking away from low-income homebuyers

Banks have been walking away from low-income homebuyers seeking loans, and that has affordable housing advocates worried......»»

Category: topSource: moneyMay 11th, 2018

Banks are walking away from low-income homebuyers

Banks have been walking away from low- and moderate-income homebuyers seeking loans and that has affordable housing advocates worried......»»

Category: topSource: moneycentralMay 11th, 2018

Banks are walking away from low-income homebuyers

Banks have been walking away from low- and moderate-income homebuyers seeking loans and that has affordable housing advocates worried......»»

Category: topSource: moneycentralMay 11th, 2018

Seattle OKs tax on companies like Amazon to help homeless

Seattle's largest businesses such as Amazon and Starbucks will have to pay a new tax to help fund homeless services and affordable housing under a measure approved by city leaders......»»

Category: topSource: foxnewsMay 15th, 2018

Seattle OKs tax on companies like Amazon to help homeless

Seattle's largest businesses such as Amazon and Starbucks will have to pay a new tax to help fund homeless services and affordable housing under a measure approved by city leaders......»»

Category: topSource: moneycentralMay 15th, 2018

Seattle OKs taxing companies like Amazon to aid the homeless

Seattle's largest businesses such as Amazon and Starbucks will have to pay a new tax to help fund homeless services and affordable housing under a measure approved by city leaders......»»

Category: topSource: foxnewsMay 15th, 2018

Developer Dominium helped push $100M Fort Snelling project into bonding bill

Plymouth-based developer Dominium has been trying for years to redevelop the historic Fort Snelling Upper Post into affordable housing for veterans, but the project has been stalled over financing. That problem may soon be fixed, with a big boost from t.....»»

Category: topSource: bizjournalsMay 25th, 2018

Ige signs bill adding $210M to Hawaii affordable housing funds

Gov. David Ige on Friday signed into law a bill that injects more than $200 million into two state funds for affordable housing in Hawaii, and expands a tax exemption for affordable units. House Bill 2748 adds $200 million to the state’s Rental.....»»

Category: topSource: bizjournalsJun 8th, 2018

Seattle City Council repeals controversial new per-worker tax on large employers

The Seattle City Council voted 7 to 2 to repeal the recently enacted per-worker tax on large employers aimed at raising money for homeless services and affordable housing......»»

Category: realestateSource: bdcnetworkJun 18th, 2018

Lawmakers approve wage, benefits bill in hopes of averting ballot questions

Massachusetts lawmakers have agreed to wage and benefits legislation designed to balance the demands of worker advocates with the cautions of business groups while seeking to eliminate three questions headed for the November ballot. The resulting b.....»»

Category: topSource: bizjournalsJun 21st, 2018

Housing is the least affordable in 10 years — here’s what’s to blame

Housing affordability - defined as housing payments divided by income - is at its most stretched since 2008, largely due to tepid wage growth. In reality, higher mortgage costs made housing less affordable before the housing bubble inflated......»»

Category: topSource: marketwatchJun 21st, 2018

Rent Guidelines Board leaves affordable-housing developers in a pinch

The Rent Guidelines Board voted Tuesday to allow a 1.5% increase on one-year leases and 2.5% on two-year leases. The ruling applies to rent-regulated apartments throughout the city, and disappointed... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJun 28th, 2018

How market-rate developers deliver affordable housing in San Francisco

While many developers choose to pay a fee to pay for future affordable housing, some big developers, notably Tishman Speyer and a few others, have produced hundreds of u.....»»

Category: topSource: bizjournalsJun 28th, 2018

Facing potentially big fee increases, Stanford gets creative on affordable housing proposal

The university has laid out a framework that would provide money to the county immediately, guarantee affordable units directly on campus and create a new fund that would provide money to developers trying to build affordable apartments......»»

Category: topSource: bizjournalsAug 2nd, 2018