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Affordable housing

Compromise Indiana housing reform law trims local zoning power

Affordable housing, Housing Policy, Policy, Residential Real Estate, The Builder's Daily, Zoning /

Indiana Gov. Mike Braun swiftly signed into law comprehensive state housing reforms after lawmakers spent weeks debating how much the state could and should override local zoning rules and design standards. The law adopts a softer approach to neutralizing local zoning authority after mayors, county commissioners and municipal planners complained that the initial bill overreached […]

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New York’s housing crisis won’t be solved by one mega-project

Affordable housing, Housing Policy, Policy, Residential Real Estate, The Builder's Daily /

New York City Mayor Zohran Mamdani’s attempt to revive an old plan to build 12,000 affordable units over a borough railyard is seen as a long shot, even if he gains support from President Trump. Mamdani has garnered headline attention for proposing to build units on a platform above Sunnyside Yard, a 180-acre freight and

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Democrats propose bill targeting corporate housing tax breaks

Affordability, Affordable housing, Democratic Party, Elizabeth Warren, Housing Market, HWmember, Institutional investors, Legislation, Senate /

Senate Democrats, led by Elizabeth Warren of Massachusetts and Jeff Merkley of Oregon, last week unveiled legislation aimed at curbing corporate ownership of single-family homes and redirecting federal tax benefits toward affordable housing development. The bill, known as the American Homeownership Act, would eliminate major tax breaks and other federal housing benefits for private equity

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Capital One joins BPC housing affordability council

Affordability, Affordable housing, Bipartisan Policy Center, Capital One, Housing Market, HWmember, Mortgage /

The Bipartisan Policy Center (BPC) has added Capital One to its Executive Council for Housing Affordability, a group of private-sector leaders focused on expanding access to affordable housing. Gina Metrakas, vice president and head of federal advocacy at Capital One, will represent the company on the council. Metrakas previously held senior leadership roles at the

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Trump, NYC mayor talk $21B affordable housing plan

Affordable housing, Housing affordability, Industry News, New York, Politics and policy /

President Donald Trump and New York City Mayor Zohran Mamdani met at the White House Thursday to discuss a multibillion-dollar affordable housing plan. Processing Content Mamdani is seeking $21 billion in federal grants for a construction project at Sunnyside Yard, which would allow the city to build 12,000 new affordable homes, create 30,000 union jobs

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Whitmer calls for Michigan housing reform to cut red tape

Affordable housing, Policy, Residential Real Estate, The Builder's Daily, Zoning /

Gov. Gretchen Whitmer is using her final year in office to champion a sweeping housing package centered on a new affordable-housing tax credit. The proposal aims to boost construction for working- and middle-class Michiganders who are increasingly priced out of many communities. To do so, she wants to remove regulatory barriers and is piggybacking on

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Affordability takes center stage in the 2026 housing market

Affordability, Affordable housing, Contributors, Housing Market, HWmember, Opinion, Real Estate /

The 2026 Spring Market is about to be upon us, and one aspect is clear: affordability is at the forefront of everyone’s mind. The price escalations experienced during the pandemic, driven by historically low interest rates, are now largely in the rearview mirror. In most markets, the prospect of near-term appreciation for would-be buyers is

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Citi commits billion to affordable housing initiative

Citi commits $60 billion to affordable housing initiative

Affordable housing, Citi, Housing affordability /

Citi is pledging more than $60 billion to a new initiative focused on improving housing affordability. Processing Content The bank announced Tuesday its Blueprint for Housing Opportunity plan, a five-year commitment dedicated to increasing the housing supply through the creation and preservation of at least 250,000 units across the country. The Citi Foundation also devoted

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Georgia lawmakers revive push for LIHTC property tax protection

Affordable housing, Low-Income Housing Tax Credit, Policy, The Builder's Daily /

Georgia affordable housing developers revived an effort to amend the state constitution to shield their properties from steep property tax hikes. State Rep. Shaw Blackmon, chairman of the House Ways & Means Committee, and State Rep. Rob Leverett officially introduced a constitutional amendment on Monday. It proposes treating low-income housing tax credit properties as a

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Midwest apartment demand outpaces Sun Belt as rents remain firm

Affordability, Affordable housing, Capital, Housing Market Data, Rental Properties, The Builder's Daily /

Midwest apartment demand has quietly become one of the strongest stories in U.S. housing, even as the national rental market cooled.​ RentCafe, using data from its sister apartment rental analytics provider, Yardi Matrix, listed Cincinnati as the top apartment market to watch this rental season. Minneapolis, Cleveland and Kansas City, Missouri, ranked in the top

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