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Affordable housing

Manufactured housing Is the future of affordable housing

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Last month, Members of Congress were treated to an on-the-ground look at manufactured housing – the sector of the housing industry that holds the greatest promise for meeting our nation’s affordable homeownership and rental housing challenges. At the U.S. Department of Housing and Urban Development (HUD) “Innovative Housing Showcase” in early September on the National […]

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Extreme heat risks higher for affordable housing residents

Affordable housing, Climate Change, Discrimination, Housing Inventory, HWmember, Low-Income Housing Tax Credit, Real Estate /

As the U.S. housing crisis deepens and climate change intensifies, residents of affordable housing are vulnerable to dangerous and sometimes deadly extreme heat, according to new analysis from the Union of Concerned Scientists. The report, titled “Colliding Crises,” examined nearly 8 million homes in key segments of the affordable housing market — including public and

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Federal Home Loan Bank of Dallas awards $73.5M to affordable housing projects

Affordable housing, Arkansas, Colorado, Federal Home Loan Banks, Housing Market, HWmember, Louisiana, Mississippi, New Mexico, Texas /

The Federal Home Loan Bank of Dallas (FHLB Dallas) has announced $73.5 million in affordable housing grants to 53 projects across Arkansas, Colorado, Louisiana, Mississippi, New Mexico and Texas. “Through the strength of our member institutions, we’re able to channel these funds into projects that directly address the housing needs of our communities,” Sanjay Bhasin,

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New Western acquires Big State Home Buyers to expand investment pipeline

Affordable housing, Fix and Flip, Housing Inventory, Houston, HWmember, Mergers and Acquisitions, New Western, Real Estate, Texas /

New Western, a real estate investment marketplace and the nation’s largest homebuyer, has acquired Big State Home Buyers — a company specializing in sourcing vacant and distressed homes. The acquisition is intended to expand New Western’s supply pipeline and advance its mission to return underutilized properties to the market as affordable, move-in-ready homes, leaders said.

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Startup that turns rents to rewards points expands to mortgages

Affordable housing, Housing affordability /

Bilt Rewards, best known for offering renters rewards points for paying on time, plans to do the same for mortgages through a partnership with United Wholesale Mortgage LLC, its first tie-up with a home lender. Bilt, which more than tripled its valuation in July to $10.8 billion, will allow homeowners with new or existing mortgages from

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Zillow and Housing Connector help 10,000 people find homes

Affordability, Affordable housing, Homelessness, Housing Inventory, HWmember, Real Estate, Zillow /

Amid one of the most severe housing crises in U.S. history, Zillow and Housing Connector, a tech-powered nonprofit, are celebrating a milestone in combating homelessness. Together, the organizations have helped 10,000 people find stable homes. What began in 2019 as a local solution in Seattle has evolved into a national model for unlocking private-market housing

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ALTA Good Deeds Foundation awards $105K in grants, honors late board chair

Affordable housing, ALTA, HWmember, Real Estate, Title, Title insurance /

The American Land Title Association (ALTA) Good Deeds Foundation has awarded $105,000 in grants to nonprofit organizations across the country, the group announced Tuesday during ALTA ONE. That new round of giving brings the foundation’s total charitable contributions to $1,361,000 since its launch in October 2020. The announcement came with reflection on the recent passing

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Cleveland nonprofit fights to halt investor homebuying wave

Affordable housing, Cleveland, Homebuying, Housing Inventory, Housing Market, HWmember, Institutional investors, Ohio, Pennsylvania, Real Estate, Single-Family Housing, Single-Family Rentals /

New research from the Federal Reserve Bank of Cleveland shows that investors now own up to one in three single-family homes in parts of Northeast Ohio — with a local nonprofit working to reverse that trend. Real estate investors were responsible for 43% of home purchases last year in some of Ohio’s and western Pennsylvania’s

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Court dismisses N.J. mayors’ challenge to affordable housing law

Affordable housing, HWmember, Legal, Low-Income Housing Tax Credit, Multifamily, Multifamily Housing, New Jersey, Real Estate, Rental Properties, Single-Family Rentals /

A New Jersey Superior Court judge has dismissed lawsuits from a coalition of state municipalities seeking to overturn a new affordable housing law — dealing a major setback to opponents of the policy. Assignment Judge Robert Lougy on Tuesday rejected two suits filed by the Local Leaders for Responsible Planning, a group led by Montvale,

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Trump administration plans deep cuts to homeless housing program

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The Trump administration is preparing to slash funding for permanent housing programs aimed at addressing homelessness and shifting billions toward transitional housing that requires work or service participation, according to a report from Politico. The Department of Housing and Urban Development’s (HUD) Continuum of Care program — the nation’s largest initiative to house people experiencing

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