What real estate gets in Biden’s $1.9 trillion package

The $1.9 trillion stimulus package includes rent and mortgage assistance, small business and restaurant loans, state and local relief, funds for homeless service providers, and stimulus checks.

The Real Deal • March 8, 2021

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Creating a greener, more affordable New York

The solutions to both New York’s affordable housing shortage and the global climate emergency are inextricably linked. That is why the New York State Association for Affordable Housing (NYSAFAH) supports a bill in the Legislature that would establish a Sustainable Affordable Housing Incentive Program to help create more energy efficient affordable housing in New York.

Real Estate Weekly • March 8, 2021

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Amazon helps preserve/create affordable housing in HQ2 region, but is it enough?

The November 2018 announcement that Amazon would be siting HQ2, its second headquarters, in Arlington, Virginia, triggered some not-unexpected anxiety about the company’s impact on the local housing market. The projected influx of around 25,000 employees (and their salaries) from one of the world’s biggest companies is pushing prices and demand to new heights.

Fast Company • March 4, 2021

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TD Bank: Why we need to address affordable housing needs now

The lack of affordable housing was an urban, suburban and rural problem even before COVID-19. Rent-burdened families and seniors living on a budget reside in almost every small and large city in America. While the $600 per month unemployment payments, stimulus checks and extension of eviction moratoriums have helped, the bottom line is that those most affected by COVID-19 financially still have the longest road to recovery and need more assistance – especially affordable housing – to get back on their feet.

REBusinessOnline • February 26, 2021

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New York could turn hotels, office buildings into affordable housing under state Senate bill

New York state could buy financially distressed office buildings and hotels and convert them into affordable housing for homeless and impoverished New Yorkers under a bill being considered in the state Senate.

The Wall Street Journal • March 2, 2021

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