Mortgages

Redevelopment 3.0 should focus on providing a permanent, reliable source of equity with which to build a sustainable pipeline of affordable housing projects.

AHCIA has languished since 2016 — is it time to consider alternatives?

The possibility of moving stalled housing bills forward combined with promises of down payment assistance is offering hope to housing advocates.

The Phoenix-based school's debt was rated a notch above junk — to BBB-minus by Fitch Ratings ahead of a refinancing of bonds from a 2021 issue.

The plan would raise about $100 million a year to create and preserve affordable housing.

Undersubscribed funding opportunities are blocked by regulation.

"The shortage of accountants is not a brand new-issue, but it seems to be more thematic this year," said Richard Ciccarone, president emeritus of Merritt Research Services.

St. John's Lutheran Church in Madison is redeveloping its property to build affordable housing blocks from the Capitol in the booming East Washington corridor.

Signature Bank owned nearly $15 billion of mortgages across four of New York's five boroughs, making it the largest lender to rent-regulated housing in the city.

"The Maryland SmartBuy program is designed to help first-time home buyers who have student loan obligations qualify for acquisition financing under the Maryland Mortgage Program," said the CFO of the Maryland Department of Housing and Community Development. 

Steven Mahr moved to Chicago two years ago, and in March, he moved from Stifel to the city's finance department, where he's now happily tackling tough problems.

The bond plan, a key priority for Mayor Brandon Johnson, will be paid for with revenue gained by letting tax increment financing districts expire.

The Inflation Reduction Act, affordable housing and clean energy were among the topics discussed at Baker Tilly's DevelUP conference in Chicago this week.

The North Dakota Housing Finance Agency recently priced $189 million of bonds for its home mortgage finance program, a sector in which issuance has increased.

FEMA, state and cities have been in a dispute over federal funding locals say was promised to place homeless people in hotels after the pandemic struck. Officials say the recent outlay doesn't cover the disputed time frame.

The state faces slower job growth after gains in the previous three years outpaced the nation, according to the Dallas Federal Reserve's Texas economic outlook.

The sale of the bonds allowed ACTA to reshape its debt service profile and avoid projected debt service shortfalls by refunding into capital appreciation bonds and extending maturity dates.

California voters will weight a $6.4 billion bond measure in March that redirects money from an existing millionaire's tax supporting mental health programs.

In her State of the County address, Mayor Daniella Levine Cava unveiled plans to invest in housing, septic to sewer conversions, flood prevention, parks and other infrastructure.

Ohio Gov. Mike DeWine rolled out the Welcome Home Ohio program, a product of the Ohio legislature's biennium budget bill, House Bill 33.