Affordable housing

As policymakers mull ways to update the 42-year-old Community Reinvestment Act, economists at the San Francisco Fed have put forth a novel proposal.

California cities and counties that don't plan for enough housing to be built within their borders could face big consequences -- up to $600,000 a month.

An Ohio county would invest an additional $65 million to spur construction of 2,050 affordable housing units over the next decade under recommendations included in a broader economic development plan.

Investors last year purchased a record share of Dallas-area homes and these for-profit homebuyers are expected to continue to gobble up thousands of houses in North Texas and nationwide.

The president signed an executive order Tuesday establishing a White House council dedicated to examining regulatory barriers to affordable housing.

Marin County, Calif., shares the top spot for most expensive places in the nation to rent a home, according to a new study.

Trash and broken furniture cover the stained carpet at the boarded, long-vacant house in Trotwood, Ohio, where paint strips hang like confetti from the ceiling and an awful smell fills the air as soon as Chad Downing unlocks the door.

The unrated notes being issued by the FREMF 2019-KG01 Mortgage Trust are backed entirely by workforce housing loans for green-friendly upgrades of older apartment buildings that fulfill affordable housing needs in communities.

It is the largest single commitment from a tech company to fight the housing shortage that threatens to stall the economic engine of Silicon Valley, as even well-paid workers must wrestle with escalating rents or finding a home to buy.

The bipartisan proposal aims to renew banks' interest in low-income housing tax credits and bring more lower-priced homes to markets that badly need them.

The Rapid City Council will consider whether to approve what officials believe is the largest residential subdivision that the city has seen in decades.

Democratic presidential candidate Julian Castro called for a sharp rise in federal spending on housing for millions of Americans who are living on the street or struggling to pay rent.

New York's sweeping rewrite of rent stabilization laws could pose a credit risk to lenders that finance capital improvements to regulated apartment properties, according to a report Monday by Fitch Ratings.

Housing finance agencies reported increased demand for their loan products, but at the same time the inventory shortage constrains activity and drives them to work with other public entities to find solutions, Moody's said.

In cities across the country, the affordable housing situation spans a bleak spectrum. In light of this, the Mortgage Bankers Association launched an initiative to address the needs of underserved markets.

The bank has hired Brandee McHale away from Citigroup to head its charitable foundation and implement a new strategy that will place a greater emphasis on rental housing and combating homelessness.

Just over two weeks ago, California lawmakers were planning to advance some of the most aggressive policies in the nation to combat rising housing costs.

The head of Fannie Mae and Freddie Mac’s regulator blamed “burdensome” local regulations for a lack of housing supply, and also provided an update on the administration’s plan for GSE reform.

The Pittsburgh City Council has given preliminary approval to a plan for distributing $10 million in 2019 from an affordable housing fund.

Big and bold ideas often bomb out in the Legislature. And the biggest bill of this young session — a proposal to spur high-density housing — just blew up.