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
Michael J. Levitt, founder and chairman of The Michaels Organization, died June 12. He was 94. Levitt founded the New Jersey-based company in 1973 and grew it into one of the nation’s leading residential real estate companies, providing housing for low- a... See more
TruAmerica Multifamily has taken another step to scale its affordable housing platform. The national vertically integrated multifamily investment firm has hired James Crowder as managing director of affordable housing. The industry veteran is charged with... See more
