Affordable housing

If confirmed to lead the Federal Housing Finance Agency, Mark Calabria would have a central role in any efforts to reform the government-sponsored enterprises Fannie Mae and Freddie Mac

The slowdown in new market-rate, residential development is starting to take its toll on San Francisco's affordable housing pipeline, as rising construction costs and a softening market are resulting in less money flowing to the city programs that support affordable projects.

The agency's pilot program, designed to streamline mortgage insurance applications associated with the Low-Income Housing Tax Credit program, will now include applications for new construction and substantial rehabilitation.

The government-sponsored enterprises are going through a transition period. From proposals for rebuilding their capital cushions to tackling shortages in affordable housing, Fannie Mae and Freddie Mac face a number of key challenges with wide-ranging consequences this year.

The administration’s choice to regulate the government-sponsored enterprises appeared to distance himself from speculation that the White House may try to overhaul housing finance without legislation.

Industry observers will be closely monitoring Mark Calabria's testimony before the Senate Banking Committee on Thursday for hints about how the Trump administration plans to proceed on mortgage finance reform.

The rising cost of housing in the Bay Area has dramatically resegregated neighborhoods by race and pushed minority families to the outer edges of the region, a new paper shows.

If you live in a three-bedroom apartment that rents for $1,400 per month or less in the Minneapolis-St. Paul area, consider yourself lucky. That's affordable housing, whether it's subsidized or not, and it's running out.

As Huntington Beach prepares for a lengthy battle with the state of California over its affordable housing goals, the city of Pismo Beach is preparing for a battle of its own as it tries to attract more low-income housing to the traditionally wealthy area.

Just as the Trump administration appears focused on releasing a framework without Congress, the Senate Banking Committee has re-entered the policy fray with a new proposal.

The Bay Area's affordable housing stock got a major shot in the arm, with the launch of a $500 million fund to build and preserve homes for low- and middle-income residents.

Recent comments attributed to the acting head of the Federal Housing Finance Agency (who is also comptroller of the currency) have stoked speculation about the Trump administration’s housing finance policy.

Several new members of the House Financial Services Committee with backgrounds in housing could use their experience to address Chairman Maxine Waters' top agenda items.

A lapse in rental-assistance funding, an understaffed FHA and other effects of the government shutdown are causing real harm to families, said the chair of the House Financial Services Committee.

Rising construction costs and a big drop in public funding is forcing an organization that builds inexpensive homes for low-income buyers in the Bay Area to sell them for higher prices than many of those people can afford.

Freddie Mac issued its first non-low-income housing tax credit forward commitment, providing financing for an affordable housing development in Minnesota.

Cash-strapped lenders need to find a way to consistently fund marketing that resonates with more cultures if they really want to be able to replace lost volume by reaching underserved borrowers.

The House Financial Services Committee held a hearing to examine the outgoing committee chairman's bipartisan GSE reform bill, but lawmakers were already looking ahead.

The current deputy secretary of the Department of Housing and Urban Development, Pam Patenaude, will step down in January.

Fannie Mae and Freddie Mac charged lenders slightly lower guarantee fees in 2017 for mortgages with riskier characteristics, according to a Federal Housing Finance Agency report.