Affordable Housing

The constant need: Illinois Affordable Housing Summit focuses on the rising demand for lower-cost housing in the state

It's no secret. There is not enough affordable housing in the United States to meet the demand of those looking for lower-cost apartment units or…

Even as demand rises, construction of affordable apartment units falls

It's no secret that the United States needs more affordable multifamily apartment units. But a new report suggests that relief for tenants seeking lower-cost apartments…

How bad is the lack of affordable housing in the U.S.? Some are choosing rent over food

A lack of affordable housing remains a serious challenge for many adults in the United States. A new report from LendingTree shows just how serious.

Real Estate Equities opens 168-unit affordable housing project in Minnesota

Real Estate Equities opened its newest affordable community, Spring House Apartments, in Coon Rapids, Minnesota. The development is currently 27 percent occupied. The 168-unit development,…

KeyBank provides $13 million in financing for affordable housing in Cleveland

KeyBank secured $13 million of financing for The NRP Group, LLC, a real estate development and property management company based in Cleveland, to build an…

Walker & Dunlop adds chief production officer for FHA loans

Dana Wade has joined Walker & Dunlop as chief production officer for all FHA-backed loan originations with the U.S. Department of Housing & Urban Development.…

Associated Bank provides $9.4M equity investment to preserve affordable housing in Uptown neighborhood of Chicago

Associated Bank provided an equity investment totaling $9,450,000 of Low-Income Housing Tax Credit (LIHTC) and Federal Historic Tax Credit (HTC) for the rehabilitation of two…

Kiser Group advises on 77-unit SRO sale in Hyde Park

Kiser Group recently represented the buyer and seller of Park Beach Apartments, located at 5327 S. Cornell Avenue in Chicago’s Hyde Park neighborhood. The 77-unit…

Structured Development launches first sales at Harrison Row Townhomes in Chicago’s East Garfield Park neighborhood

Structured Development has launched sales for the first phase of Harrison Row Townhomes, a development in Chicago’s East Garfield Park neighborhood that will eventually include…

The need for affordable housing has never been greater than in the age of COVID

Chicago had a widening affordable housing gap prior to the pandemic, and the economic fallout of the crisis means that even more families are in…

Affordable Housing

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