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The development group proposing to build new mixed-income housing on the Brookhill Village site near South End is seeking $19.8 million via loans from the city and an affordable-housing fund as well as a grant for site improvements......»»

Apple rolled out the first new initiative in its $2.5 billion pledge to address the Bay Area’s housing crisis, donating $150 million to Housing Trust Silicon Valley to create an affordable housing development fund. Apple's Affordable Housing Fun.....»»

The city's renewed push for development of more affordable housing units took a giant step forward Wednesday. An 11-member commission was appointed to oversee the effort by Mayor Catherine Pugh, who established a $20 million affordable housing trust f.....»»

Charlotte City Council has signed off on spending up to $25.8 million from the Housing Trust Fund for 14 proposed new affordable-housing projects......»»

Councilman David Mann, a candidate for 2021 mayor, as well as other council members said Wednesday they were deeply troubled by a proposed city charter amendment requiring the city to put at least $50 million per year in an affordable housing trust fund......»»

San Antonio will receive $1.8 million from Housing and Urban Development to fund its housing rental assistance program. The $1,849,080 is out of the total $2.8 million HUD will allocate to 14 other Texas cities, and also makes the Alamo City fund.....»»

First Republic Bank is committing $100 million to San Francisco’s Housing Accelerator Fund, a pledge that could pave the way for the preservation and production of more than 2,000 affordable homes over the next five years. It is the largest cont.....»»

While the $100 million trust fund will help create more affordable housing, it's certainly not enough to solve the problem......»»

Nonprofit Bellwether Housing closes Building Opportunity Fund, raising $4.7 million......»»

Sacramento City Council voted unanimously on Tuesday to create a new trust fund which could raise $100 million over two years to kick-start the construction of a possible tens of thousands of new affordable housing units. The proposed trust fund wou.....»»

The Housing Authority of the Birmingham District is renovating an affordable housing development near Center Point and is also looking to partner with a developer on a multifamily renovation in North Avondale. The authority is investing $20 million .....»»

"We will continue to work with mission-driven clients across the country, from New York to California, to fund affordable housing development," Mathew Wambua said......»»

A major mixed-use project being developed by Over-the-Rhine Community Housing and the Cincinnati Center City Development Corp. that will bring new affordable apartments and commercial space received tax breaks on Thursday from Cincinnati City Coun.....»»

Affordable housing and investment in struggling neighborhoods get a boost in Columbus Mayor Andrew Ginther's proposed $965 million city operating budget for 2020 – including doubling the housing staff in the Department of Development to 18. The De.....»»

Some of Milwaukee’s largest business and philanthropic organizations plan to create an investment fund to promote economic development and affordable housing in neighborhoods surrounding downtown......»»

An Arlington affordable housing developer just scored a $1.5 million donation to help fund the redevelopment of a local American Legion post, providing the project with a critical boost in private funding. The Arlington Partnership for Affordable H.....»»

Two major downtown sites will get hundreds of units of new housing under development deals passed Wednesday by Cincinnati City Council at its last meeting before it begins its summer break. The ordinances represent “literally hundreds of million.....»»

Part of a $1 billion settlement received by New York from the mortgage crisis will come back to mission-based organizations to create affordable housing. The state announced a new program May 20 to award $1.4 million over two years through its Mis.....»»

The state of Ohio and the city of Cincinnati are set to allocate $3 million in new housing tax credits over the next three years into Over-the-Rhine, with the goal of building up to $30 million in affordable housing there......»»

Cincinnati Councilman David Mann has proposed a 7 percent tax on all short-term rentals within the city, which would go to an affordable housing trust fund, as well as limit the number within a single building. The new ordinance would limit the nu.....»»