Affordable housing

The $125 million deal from the Colorado Housing Finance Authority carries a third-party social bond opinion from Kestrel Verifiers.

New York's mayor is shifting $466 million to the current fiscal year’s capital budget to tackle affordable housing needs to offset some of his coronavirus-related cuts.

About 30 million Americans risk being evicted in coming months because they can’t pay rent, one report says.

They cited recent waves of COVID-19 in rural and farmland areas and the success of mass transit overseas at containing the spread.

Rep. Peter DeFazio said gas tax revenue could finance $500 billion in Treasury bonds.

The New York City Housing Authority’s agreement with developers on $1.5 billion of capital repairs marks a significant move toward private management.

Martin Walsh announced a five-year, $500 million financing initiative to create thousands of homes.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

S&P Global reports state HFAs are maintaining high ratings this year, “buoyed by demand for affordable housing and mortgages, low interest rates, relatively low unemployment, increasing wages, and the overall strong domestic economy.”

The bond package includes $50 million for affordable housing in a first for the Ohio capital.

The Stockton City Council voted to issue multifamily housing revenue bonds.

Owners of a Los Angeles complex had argued that their duty to provide affordable units ended when bonds were paid off.

The firm is expanding its bond counsel practice in Virginia and the Southeast.

Mayor Eric Garcetti painted a picture of a thriving Los Angeles yet called homelessness "the issue."

KeyBanc will price $162.5 million in revenue bonds for the King County Housing Authority Tuesday.

Nearly 60% of Los Angeles County's $30.8 billion budget for fiscal 2019 will go for health and public assistance programs.

The number of people being pushed into homelessness continues to outpace efforts to help them.

Some of the oomph for multifamily housing bonds comes from additional federal funding for public housing agencies which are partners in these bond deals while the remainder comes from programmatic changes in the law.

Donald Cunningham will work of counsel in Florida-based Broad and Cassel’s Affordable Housing and Tax Credit Practice Group.

Vermont’s first sustainability bond sale yielded strong demand to fund new affordable housing throughout the Green Mountain State, according to Gov. Phil Scott.