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State Housing Trust Fund Grants to Spur Affordable Housing Initiatives

Iowa Finance Authority Awards more than $7.5 million to 26 Local Housing Trust Funds to Move Local Affordable Housing Priorities Forward
WASHINGTON, D.C. – December 5, 2013 – (RealEstateRama) — The Iowa Finance Authority Board of Directors today approved a total of more than $7.5 million in grants to 26 Local Housing Trust Funds to support local affordable housing initiatives, which will assist more than 2,000 Iowa families. The funding is provided from the State Housing Trust Fund’s Local Housing Trust Fund program. More…

Better Buildings Challenge Expands to Multifamily Housing

The U.S. Departments of Energy and Housing and Urban Development on December 3 expanded the Better Buildings Challenge to multifamily housing such as apartments and condominiums. The departments also launched the Better Buildings Accelerators to support efforts led by state and local governments to cut energy waste and eliminate market and technical barriers to greater building efficiency. The Obama Administration also announced that it will challenge federal agencies to further expand their use of performance-based contracts through 2016 to upgrade the energy efficiency of federal buildings. More…

Multifamily Housing in National News
Multifamily Housing in Social Media

Get a Job, Buster!

You’re waiting for the light at a busy intersection. A scruffy guy with a flowing ponytail ambles down the line of cars with a hand-lettered cardboard sign: “Homeless Vet. Please Help. God Bless.” He works his way toward your car. Behind you, a driver leans from his window and shouts, “Get a job, buster!”. More

Wyoming CDA: Jackson’s Cedar Creek I Apartments Receive WCDA Funding

The Wyoming Community Development Authority (WCDA) Board of Directors approved Low Income Housing Tax Credit (LIHTC) funding for the rehabilitation of Cedar Creek I Apartments in Jackson, Wyoming. The tax credits, which are allocated by the WCDA through a competitive application process, will finance the rehabilitation of all 23 affordable rental units in the Cedar Creek I Apartments. More

New Tool Shows Average Property Tax by County

Brookings has released an interactive new map that shows average property tax per county across the country. The map shows averages for property tax rates and home values as well as property tax as a share of home value. Below is a preview of Connecticut’s numbers. More

High-End Foreclosures Up 61 Percent Year-to-Date in 2013

Overall U.S. foreclosure activity is down 23 percent year-to-date through October 2013, but foreclosure activity on properties in the $5 million-plus value range is up 61 percent from the same time period in 2012. More

Albany Barn featured in Metroland’s Tipping Point!

Kristen M. Holler, executive director of Albany Barn, Inc., loves giving tours of The Barn. The former St. Joseph’s Academy, a more than 40,000-square-foot landmark at the southwest corner of North Swan and Second streets in Arbor Hill, is a busy construction site these days. Workers are hammering away at various points all over the building, from the first floor workshop and performance spaces to the upper floors, where artist residence lofts are nearing completion. More

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