Pamela Martineau • 6 min read
Meet with your underwriter in person, provide as much data as possible on relevant inspections and offer photos of improvements you’ve made to affordable housing properties. These were just a few of the tips offered at the National Housing & Rehabilitation Association’s Summer Institute Panel: “What Can Be Done About Insurance?”
Pamela Martineau • 5 min read
As an increasing number of cities and states develop programs to subsidize housing for middle-income earners, policymakers must ensure that middle-income programs don’t take vital resources from low-income housing programs.
Pamela Martineau • 6 min read
Forget Siri. Colleen, Elise, Penny and Kelsey are the AI personas that property managers are using to manage tenants’ and housing applicants’ queries.
Pamela Martineau • 4 min read
Nearly 60 percent of surveyed voters cite the lowered cost of housing and rent as key factors that would improve their lives, yet say those same issues are at the near bottom—12th—of issues they hear politicians speak of.
Pamela Martineau • 7 min read
What does the future hold for interest rates? Many real estate developers, consumers and economists are weighing that question as mortgage interest rates hover at roughly seven percent, more than double what they were during the height of the pandemic.
Pamela Martineau • 5 min read
The U.S. Department of the Treasury has introduced new guidance and rule changes intended to bolster the nation’s supply of housing, especially affordable housing.
Pamela Martineau • 7 min read
Section 8 property owners who refinanced their debt through the U.S. Department of Housing and Urban Development’s (HUD) Mark-to-Market program, mainly in the late 1990s through early 2000s, may qualify for budget-based rent adjustments under a new program launched this year by HUD.
Pamela Martineau • 6 min read
Office vacancies throughout the nation have reached a 30-year high and the country is amid an affordable housing crisis. These dual inflection points have increased housing advocates’ focus on conversions of commercial real estate into housing and encouraged federal and local governments to assist in the transformations.
Pamela Martineau • 8 min read
Minnesotans hoping to bolster the state’s affordable housing stock may donate to affordable housing projects, requesting to have their donation allocated to a specific project or a general affordable housing fund and receive a tax credit of 85 percent of their donation through a new state program.
Pamela Martineau • 8 min read
Launched through federal legislation in 2012, the Rental Assistance Demonstration (RAD) program, administered by the U.S. Department of Housing and Urban Development (HUD), has leveraged over $19.3 billion in construction investment to improve or construct over 174,000 public housing units and 53,000 Section 8, tax credit and market-rate apartments co-located in these public housing communities.
Pamela Martineau • 8 min read
A lack of workforce housing is a growing element of the nation’s housing crisis and some developers who typically build affordable housing are creatively pulling together financing for housing projects for workers who make above area median income (AMI) but cannot afford market-rate rents.
Pamela Martineau • 8 min read
Looking to bring their philanthropic missions into their own backyards, an increasing number of faith-based organizations are building affordable housing projects on their properties, often with the help of new local and state laws.