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Viewpoint: Public funding is crucial for quality affordable housing

Viewpoint: Public funding is crucial for quality affordable housing

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Viewpoint: Public funding is crucial for quality affordable housing
Viewpoint: Public funding is crucial for quality affordable housing
Viewpoint: Public funding is crucial for quality affordable housing
Viewpoint: Public funding is crucial for quality affordable housing
bizjournals bizjournals | 2 years ago
Last month, D.C. Mayor Muriel Bowser announced her request for an unprecedented $500 million of funding for the Housing Production Trust Fund, D.C.’s main affordable housing financing vehicle, in her proposed fiscal 2023 budget, doubling her request of $250 million in fiscal 2022. These record increases in funding are part of her goal to add 12,000 affordable housing units by 2025. According to the mayor’s office, the budget proposal also includes $110 million to rehabilitate or replace mor...
Last month, D.C. Mayor Muriel Bowser announced her request for an unprecedented $500 million of funding for the Housing Production Trust Fund, D.C.’s main affordable housing financing vehicle, in her proposed fiscal 2023 budget, doubling her request of $250 million in fiscal 2022. These record increases in funding are part of her goal to add 12,000 affordable housing units by 2025. According to the mayor’s office, the budget proposal also includes $110 million to rehabilitate or replace mor...
Public/Private Partnerships Are Crucial To Meet The Demand For Affordable Housing
Public/Private Partnerships Are Crucial To Meet The Demand For Affordable Housing
Public/Private Partnerships Are Crucial To Meet The Demand For Affordable Housing
Public/Private Partnerships Are Crucial To Meet The Demand For Affordable Housing
forbes forbes | 2 years ago
Affordable housing developers and operators play a critical role in rejuvenating neighborhoods in NYC. With that investment has come a double-bottom line approach taken by developers, meaning success is not only measured in financial returns but also by positive impacts made in communities
Affordable housing developers and operators play a critical role in rejuvenating neighborhoods in NYC. With that investment has come a double-bottom line approach taken by developers, meaning success is not only measured in financial returns but also by positive impacts made in communities
Another pivotal moment for affordable and public housing
Another pivotal moment for affordable and public housing
Another pivotal moment for affordable and public housing
Another pivotal moment for affordable and public housing
mrisoftware mrisoftware | 3 years ago
The Coronavirus pandemic offers a stark reminder – no matter how much we plan, unexpected and life-altering events are inevitable. Unforeseen change can be healthy. It can pave the way for personal growth and help us realize opportunities once considered unimaginable. Alternatively, change can cause long-term disruption especially for people who lack the resources and … Continued The post Another pivotal moment for affordable and public housing appeared first on MRI Software.
The Coronavirus pandemic offers a stark reminder – no matter how much we plan, unexpected and life-altering events are inevitable. Unforeseen change can be healthy. It can pave the way for personal growth and help us realize opportunities once considered unimaginable. Alternatively, change can cause long-term disruption especially for people who lack the resources and … Continued The post Another pivotal moment for affordable and public housing appeared first on MRI Software.
Simplify rent payments for affordable and public housing
Simplify rent payments for affordable and public housing
Simplify rent payments for affordable and public housing
Simplify rent payments for affordable and public housing
mrisoftware mrisoftware | 3 years ago
Affordable and public housing organizations are beginning to see the benefits of flexible electronic rent payments. Multifamily operators have been providing digital payment options to residents for many years, and while the affordable and public housing sector has a higher rate of cash payments, they can still benefit from implementing a flexible technology solution that … Continued The post Simplify rent payments for affordable and public housing appeared first on MRI Software.
Affordable and public housing organizations are beginning to see the benefits of flexible electronic rent payments. Multifamily operators have been providing digital payment options to residents for many years, and while the affordable and public housing sector has a higher rate of cash payments, they can still benefit from implementing a flexible technology solution that … Continued The post Simplify rent payments for affordable and public housing appeared first on MRI Software.
Viewpoint: Funding needed to convert hotels to housing
Viewpoint: Funding needed to convert hotels to housing
Viewpoint: Funding needed to convert hotels to housing
Viewpoint: Funding needed to convert hotels to housing
bizjournals bizjournals | 1 year ago
At the height of Covid-19, the need for social distancing threatened the congregate model of shelter housing, requiring an emergency solution to house those most impacted by the health crisis. Hotel and motel properties have long been the fallback for crowded shelters, but during the pandemic, the idea of adaptive reuse projects to convert vacant and underused motel properties into dignified housing solutions was born. These motel conversions — from the urban core in Brockton to rural Hampshi...
At the height of Covid-19, the need for social distancing threatened the congregate model of shelter housing, requiring an emergency solution to house those most impacted by the health crisis. Hotel and motel properties have long been the fallback for crowded shelters, but during the pandemic, the idea of adaptive reuse projects to convert vacant and underused motel properties into dignified housing solutions was born. These motel conversions — from the urban core in Brockton to rural Hampshi...
Market Insights for July in affordable, public, and multifamily housing
Market Insights for July in affordable, public, and multifamily housing
Market Insights for July in affordable, public, and multifamily housing
Market Insights for July in affordable, public, and multifamily housing
mrisoftware mrisoftware | 3 years ago
Throughout July, the multifamily, affordable and public housing markets in North America continued to deal with what could charitably be described as a cruel summer. With the ongoing spread of COVID-19, the MRI Market Insights Team continued its reporting on the impact of the pandemic on the conventional multifamily housing market, as well as the … Continued The post Market Insights for July in affordable, public, and multifamily housing appeared first on MRI Software.
Throughout July, the multifamily, affordable and public housing markets in North America continued to deal with what could charitably be described as a cruel summer. With the ongoing spread of COVID-19, the MRI Market Insights Team continued its reporting on the impact of the pandemic on the conventional multifamily housing market, as well as the … Continued The post Market Insights for July in affordable, public, and multifamily housing appeared first on MRI Software.
Early glimmers of hope for affordable and public housing in 2021
Early glimmers of hope for affordable and public housing in 2021
Early glimmers of hope for affordable and public housing in 2021
Early glimmers of hope for affordable and public housing in 2021
mrisoftware mrisoftware | 3 years ago
The affordable and public housing industries welcomed 2021 with a renewed sense of optimism, despite the ongoing gravity of the COVID-19 pandemic. Recently, Dr. Fauci warned that the crisis remains a “very serious situation” as healthcare professionals grapple with a new, more infectious variation of the virus. On the economic front, we continue to experience … Continued The post Early glimmers of hope for affordable and public housing in 2021 appeared first on MRI Software.
The affordable and public housing industries welcomed 2021 with a renewed sense of optimism, despite the ongoing gravity of the COVID-19 pandemic. Recently, Dr. Fauci warned that the crisis remains a “very serious situation” as healthcare professionals grapple with a new, more infectious variation of the virus. On the economic front, we continue to experience … Continued The post Early glimmers of hope for affordable and public housing in 2021 appeared first on MRI Software.
Affordable, public, and multifamily housing trends in June
Affordable, public, and multifamily housing trends in June
Affordable, public, and multifamily housing trends in June
Affordable, public, and multifamily housing trends in June
mrisoftware mrisoftware | 3 years ago
June data from the MRI Software Market Insights report indicates that the impacts of the pandemic are still being felt across the multifamily market. While traffic for the conventional multifamily housing industry is on the rebound, the affordable and public housing industries are lagging behind 2019’s numbers on a much broader scale. MRI’s report from … Continued The post Affordable, public, and multifamily housing trends in June appeared first on MRI Software.
June data from the MRI Software Market Insights report indicates that the impacts of the pandemic are still being felt across the multifamily market. While traffic for the conventional multifamily housing industry is on the rebound, the affordable and public housing industries are lagging behind 2019’s numbers on a much broader scale. MRI’s report from … Continued The post Affordable, public, and multifamily housing trends in June appeared first on MRI Software.
Treasury Department expands funding options for affordable housing
Treasury Department expands funding options for affordable housing
Treasury Department expands funding options for affordable housing
Treasury Department expands funding options for affordable housing
housingwire housingwire | 1 year ago
The U.S. Treasury Department has issued new guidance empowering state, local and tribal governments to direct more of the funding appropriated under the American Rescue Plan Act of 2021 toward affordable-housing investments. The post Treasury Department expands funding options for affordable housing appeared first on HousingWire.
The U.S. Treasury Department has issued new guidance empowering state, local and tribal governments to direct more of the funding appropriated under the American Rescue Plan Act of 2021 toward affordable-housing investments. The post Treasury Department expands funding options for affordable housing appeared first on HousingWire.
Chicago considers funding for more 'affordable housing' developments
Chicago considers funding for more 'affordable housing' developments
Chicago considers funding for more 'affordable housing' developments
Chicago considers funding for more 'affordable housing' developments
bizjournals bizjournals | 1 year ago
The city is considering funding for three proposed housing developments.
The city is considering funding for three proposed housing developments.