Apartment Trade Groups Lobby for Liquidity
Several industry trade groups have launched lobbying efforts to ensure that affordable housing and the multifamily industry, in general, are given full consideration in the various economic stimulus measures currently before Congress
MBA Reports Dismal 4Q for Multifamily Originations
In two separate research reports released this week, the Mortgage Bankers Association (MBA) paints a sobering picture of the recent past and immediate future.
Fannie Mae Releases 2008 Figures
Fannie Mae invested $35.5 billion in multifamily housing in 2008.
Mortgage Bankers Bet on Government
San Diego —Massive losses and deep layoffs in the finance industry didn’t stop bankers and commercial real estate dealmakers from converging on San Diego for this year’s Mortgage Bankers Associatio ’s (MBA) Commercial Real Estate Finance/Multifamily Housing Convention & Expo—but the crisis that...
Red Capital a Boon for PNC
When PNC’s acquisition of National City Corp. closed at the end of December, it added Red Capital Group to its toolkit of multifamily programs.
HUD Reviews Service Coordination at Multifamily Properties
Residents of housing developments with a service coordinator stayed on average about six months longer in their homes than those in communities without service coordination, according to a new report from the Department of Housing and Urban Development (HUD).
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.
Habitat Orlando Goes Multifamily
The first families have moved into Staghorn Villas, the most ambitious project undertaken by Habitat for Humanity Orlando.
Galante Outlines HUD’s Multifamily Commitment
Carol Galante, deputy assistant secretary for multifamily housing at the Department of Housing and Urban Development (HUD), addressed the Obama administration’s commitment to rental housing at AHF Live: The 2009 Affordable Housing Developers’ Summit in Chicago Oct. 27.
Enterprise: Cap-and-Trade Program Could Benefit Multifamily
When President Obama announced his plan to institute a carbon cap-and-trade system last month, Enterprise Community Partners stood up and took notice.