National Equity Fund (NEF) has acquired the properties and fund management portfolio of the St. Louis Equity Fund, Inc. (SLEFI). The move adds 32 properties across 13 funds, representing more than $200 million in equity, to NEF’s portfolio and expands opp... See more
About 77% of affordable housing professionals recently surveyed report that planned projects have been delayed, resized, or canceled in the past six months due to financial or cost pressures this year. The finding comes from a poll of 156 industry profess... See more
In an effort to spur the construction of new affordable housing, Ballmer Group has launched the Washington Family Housing Fund. The unique initiative aims to help developers build at least 10,000 affordable homes for families across the state. “In the com... See more
Congress has passed the largest housing bill in decades, with the House of Representatives approving the landmark legislation 358-32 on Tuesday. Passed by the Senate a day earlier, the 21st Century ROAD to Housing Act brings together a wide range of provi... See more
Supply constraints, soaring insurance premiums, and other rising operating expenses are among the major headwinds challenging affordable housing developers, according to a new report from the Local Initiatives Support Corp. (LISC). “The affordable housing... See more
