Affordable housing

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

The new federal budget approved this month boosted tax credits for corporations that help finance low-cost housing but the move is unlikely to help a long-stalled 63-unit affordable housing project with a $5 million funding gap.

Metro Orlando recently ranked third nationally for its shortage of rentals that are affordable enough for the region's lowest-income residents, a new study shows.

Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.

RoundPoint Mortgage Servicing Corp. is now subservicing mortgages originated by Neighborhood Lending Services, a Chicago-based nonprofit that provides fixed-rate loans for home purchases, refinancings and renovations.

One candidate in the San Francisco mayor's race wants to shake out the pockets of real estate developers. Another wants to sue speculators who he said are putting people out on the street. A third called for a rigorous analysis of the city's housing stock.

The City of Detroit released new details Monday of an ambitious plan to establish a $250 million affordable housing fund that will preserve 10,000 existing units in neighborhoods throughout the city and develop 2,000 new units within the next five years.

The Federal Home Loan banks could "design and implement" their own system for deciding how to allocate resources for affordable housing initiatives under the proposal by the Federal Housing Finance Agency.

Banking and affordable housing advocates are encouraged by a provision in the tax reform legislation that could increase investment in underserved communities by allowing investors to defer capital gains taxes when they reinvest in federally chartered Opportunity Funds.

The secretary of housing and urban development also urged the Senate to approve Brian Montgomery to be the new Federal Housing Administration commissioner.