Affordable housing

As the economy improves and millennials move around the country in search of jobs, some are finding themselves far from the youth culture they learned to expect from city life in other parts of the country.

An emerging group of local entrepreneurs is taking up arms against the sky-high cost of living in the Bay Area, hoping to end once and for all the housing crisis crippling the region.

Fannie Mae is testing a conforming loan product that makes use of a New Hampshire law that lets manufactured housing in resident-owned communities get treated like units in a co-operative building.

The Worcester City Council has asked the city administration to identify affordable housing that might exist for people resettling here from hurricane-battered Puerto Rico and the U.S. Virgin Islands.

Nearly half of all Memphis renters are "cost burdened,'' meaning they spend more than 35% of their household income on housing.

A six-lane highway lined with strip malls cuts through a patchwork of tamed lawns and suburban houses in Delran, N.J., where population has sprouted rapidly in recent decades.

The destruction of scores of houses and apartments in the North Bay fires virtually guarantees that the affordable housing crisis in Marin County, Calif., is about to get even worse.

The District of Columbia transaction may have potential on a national level.

For families with household incomes below $50,000, the improving housing market in 2016 meant rising prices, and fewer homes and apartments they can afford to rent or buy, according to a report from HousingWorks RI.

The program to purchase and support affordable mortgages for New Yorkers will include an RBC unit and provisions for military veterans.

The Federal Housing Finance Agency's Duty to Serve program must increase manufactured housing lending in rural communities.

California appears unlikely to be able to build enough homes in the coming years to put a meaningful dent in skyrocketing housing prices triggered by a shortage of affordable dwellings.

The plight of Orlando-area renters sheds light on a new set of post-Irma realities — rent payments on uninhabitable homes and apartments, challenges getting rent deposits refunded and few housing options in a tight rental market.

She said the plan was just one piece of a larger and more complex framework to address the city’s housing problem.

As head of Fannie Mae's single-family mortgage business, Andrew Bon Salle wants to ease the burden of loan-level price adjustments, streamline condo loan approvals and expand rep and warrant relief. But even he admits there are limits to his power.

As Downtown Boise's popularity as a residential neighborhood grows, housing prices are climbing beyond the affordable range for many people who want to live there.

California's high housing costs are driving poor and middle income people out of their housing like never before. While some are fleeing coastal areas for cheaper living inland, others are leaving the state altogether.

The USDA recently announced its rural housing program, which has been around for decades, would increase the amount buyers can borrow, a sign of rising housing costs across the nation.

A Denver-based real estate company specializing in affordable multiunit family and senior housing has bought several low-income or senior housing units in central Maine for $21 million and expects to renovate the properties.

The prospect of a lower corporate rate resulting from looming tax reform discussions may be a blessing for the industry, but it could be bittersweet for one particular group of bankers.