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......»»
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.....»»
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.....»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.....»»
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.....»»
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......»»
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.....»»
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......»»
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......»»
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.....»»
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......»»