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More stories about Construction

  • By the Book

    Unlike many of its competitors, U.S. Bank relies on its own balance sheet to originate loans.

  • Construction Loans for Affordable Housing Well-Priced but Elusive

    While construction loans for affordable housing developments are well-priced, fewer deals pencil out these days, and underwriting standards continue to tighten.

  • America’s Workers Priced Out of Housing

    Many of the workers who are instrumental in building the nation’s homes are priced out of owning their own, reveals the new Paycheck to Paycheck: Wages and the Cost of Housing in America report.

  • Rural Housing Issues NOFAs for New Construction and Revitalization Programs

    The U.S. Department of Agriculture’s Rural Housing Service (RHS) recently issued a notice of funding availability for the Sec. 515 Rural Rental Housing Program for New Construction.

  • Commentary: To Unlock Capital for Multifamily Housing, Raise FHA Mortgage Limits

    Low per-unit mortgage base limits constitute a significant flaw in an otherwise highly worthwhile Federal Housing Administration (FHA) mortgage insurance program.

  • NYC Seeks to Turn Unsold Condos into Affordable Units

    Unsold condominiums, unrented apartments, and stalled construction sites will be turned into affordable housing under a new program launched by the New York City Department of Housing Preservation and Development (HPD).

  • North Dakota Awards LIHTCs

    BISMARK, N.D.—The North Dakota Housing Finance Agency (NDHFA) has reserved approximately $2.8 million in low-income housing tax credits to six developments that will provide 266 affordable housing units.

  • Fire Destroys Seniors Development Under Construction

    Greece, N.Y.— A four-alarm fire tore through a construction site here Jan. 24, collapsing part of an affordable seniors housing complex that had been just months away from its grand opening.

  • Regional News

    Prairie Crossing, an $11.37 million mixed-income development, opened its doors Sept. 23.

  • Valerie Jarrett's Struggle

    CHICAGO— For Valerie Jarrett, redeveloping public housing is more than a federal mandate. It's a personal mission to show that an idea championed by her grandfather was right after all.