Manufactured housing is key to affordable homeownership
Last week, the Biden Administration rolled out a major initiative to take immediate, tangible steps to increase the supply of affordable housing. The Manufactured Housing Institute (MHI) is encouraged that two important components of this package are steps to boost the supply of manufactured homes and a commitment to work with local governments to reduce exclusionary zoning.
Housing Wire • September 7, 2021
Fannie, Freddie poised to investment more in LIHTC's
Fannie Mae and Freddie Mac are ready to expand their low-income housing tax credit (LIHTC) activities following an increase in their investment cap. On Sept. 1, The Federal Housing Finance Agency (FHFA) announced the government-sponsored enterprises (GSEs) can each invest up to $850 million annually in the LIHTC market, up from $500 million each.
Affordable Housing Finance• September 11, 2021
How inventory growth could shift the housing market in 2022
Supply shortages have been the big real estate news story of the past year. Housing market inventory has hovered at record-low levels, partly due to a COVID-related surge in home buying activity. But recent reports show an increase in the number of new listings hitting the real estate market.
Home Buying Institute • September 9, 2021