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With residential supply severely lagging behind demand, redeveloping unused office space into multifamily properties seems like a perfect solution, but it’ll take governmental collaboration and tax breaks to make such projects financially compelling, developers say.

Jemma Stephenson is a summer reporting associate for Digital Insurance. She has a Master's in Journalism from the Columbia Journalism School and graduated from Smith College in 2020. Her position came through the Dow Jones News Fund Internship.

Catherine Brown is a partner at Klaros Group

K. Jared Wright is a Summer Reporting Associate with Employee Benefit News. Send pitches to Jared.Wright@arizent.com.

The Department of Housing and Urban Development reinstituted the “affirmatively furthering fair housing" measure, which the Trump administration had argued was overly prescriptive, and promised a later rulemaking to bolster the policy.

Recent reports show inflation rising, but employment underperforming, while interest rates dropped across the board.

The continued home price spike also drove the negative equity share to an all-time low, according to CoreLogic.

Dustin Hostetler is a Lean Six Sigma Master Black Belt and the co-founder and visionary of Transformity Solutions LLC. He is a nationally recognized speaker and pioneer in applying the Lean and Six Sigma concepts to public accounting firms. He has a BSBA in Finance from The Ohio State University and earned both his Lean Six Sigma Black Belt and Master Black Belt certifications from Kent State University.

The Federal Housing Finance Agency said it is reviewing compensation policies for Fannie Mae and Freddie Mac and requesting feedback from the public. Some have said the $600,000 limit for executives imposed by Congress makes it hard to find talent.

Even though product availability is now at the same point where it was one year ago, it remains at 2014 levels.