One week in Metro's affordable housing bond projects
Late June was a busy time for Metro housing bond projects, with two grand openings and a groundbreaking in one week. Collectively, the three apartment communities will provide affordable homes for 264 households in Clackamas and Washington counties.
Oregon Metro News • July 11, 2022
5 considerations for resilient affordable housing design
The U.S. experienced 20 separate billion-dollar climate disasters in 2021 alone. As the effects of costly natural disasters become more prominent across the nation, the term “resilient design” is quickly becoming a key trend in the multifamily housing industry.
Multi-Housing News • July 12, 2022
Carney invests $78 million in affordable housing initiatives
Amid rising housing costs, Gov. John Carney will invest a combined $78 million on affordable housing initiatives across the state, including launching a package of funds to incentivize building projects for low-income residents. Breaking down the funding, the Delaware State Housing Authority (DSHA) will spend roughly $50 million on four programs that are billed as a multitiered approach to address the affordable housing crisis.
Delaware Business Times • July 12, 2022
Investors may hold key to solving affordable housing crisis
As average rents surge annually more than 11 percent nationally and as much as 39 percent in some cities, the housing ecosystem as a whole is responding with enhanced opportunities for collaboration to address the rental housing crisis. With pandemic-induced realities that have both necessitated and accelerated innovative public/private partnerships, investors and lenders are among those exploring new ways to develop long-term solutions to address pervasive concerns.
Commercial Observer • July 12, 2022