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Housing market trends: 2017 year in review, 2018 outlook

Posted by   /  December 21, 2017  /  Real Estate  /  No Comments

Builder As the year comes to a close, housing executives look to the new year. A new analysis shows that 2018 will be a mixed bag for multifamily builders and developers. As MFE’s Mary Salmsonsen reports, one of the biggest stories of the year will continue to be a lack of affordable housing. One in […]

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[OPINION] To spur homeownership, stop subsidizing it

Posted by   /  December 6, 2017  /  Real Estate  /  No Comments

(Editor’s note: Opinion pieces are published for discussions purposes only.) The House tax bill would create about 870,000 newly available housing units over the next decade. By Edward Pinto | The Wall Street Journal Tax reform could make housing more affordable. Done correctly, it could increase the supply of homes by reducing federal tax subsidies […]

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Affordable housing with a view stirring controversy in Flagstaff

Posted by   /  June 28, 2017  /  Real Estate  /  No Comments

By Corina Vanek | Arizona Daily Sun A three-acre lot at the corner of Fort Valley and Schultz Pass roads owned by the city of Flagstaff has become the center of a debate about affordable housing and where such development is appropriate. Many commenters on the city’s website cited loss of views and open space […]

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Study shows low-income housing does not impact property values

Posted by   /  November 26, 2016  /  Real Estate  /  No Comments

By Zoe Eisenberg | RIS Media Study Shows Low-Income Housing Does Not Impact Property Values. As markets across the country stretch tight with low inventory and high selling prices, many homeowners fear, and even boycott, low-income housing. Specifically, homeowners are wary of the integration of HUD-supported Low Income Housing Tax Credit (LIHTC) housing projects. Why? […]

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A call for a new national housing policy

Posted by   /  April 24, 2016  /  Real Estate  /  No Comments

  By Samantha Goldberg | Multi-Housing News Political and industry leaders outlined strategies to surmount the affordable housing crisis during the 2016 ULI Spring Meeting Philadelphia—”I’ve been in the housing business over 45 years and I’ve never seen a housing crisis in this country as bad as that that exists today,” said J. Ron Terwilliger, […]

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Rising prices force Scottsdale to return $855K meant for affordable housing

Posted by   /  April 30, 2015  /  Dealmaker, Government and Politics, Real Estate  /  No Comments

HOME program in Scottsdale

By Allison Walker and Terrance Thornton Rising home prices and stricter regulations on the use of federal grant funds are forcing the return of nearly $1 million originally meant to create affordable housing options in Scottsdale. Scottsdale received $1.2 million of federal grant money in 2011, but because the city has been unable to spend […]

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Scottsdale City Council may give back $855K in HOME funding

Posted by   /  April 9, 2015  /  Dealmaker, Real Estate  /  No Comments

HOME program in Scottsdale

By Scottsdale Independent Scottsdale City Council will vote April 14 on whether to return $855,000 of unused grant funds originally meant to create affordable housing in Scottsdale. Scottsdale received approximately $1.2 million of federal grant money in 2011 to increase affordable housing options for first-time homebuyers, a city staff report states. Unused funds must be […]

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