Financing affordable housing development – typically for lower-income households – is one of the most challenging matters in real estate. Making the economics work on a deal requires layered “hard and soft” funding sources as developers navigate rising costs, policy instability, and structural gaps in the subsidy system. The process is so complicated that professionals […]
The executive orders arrive a few weeks after Trump’s State of the Union address to Congress in which the president offered limited details about his housing affordability proposals.
The White House announced on Friday afternoon its effort to challenge what it calls “unnecessary regulatory barriers” to homebuilding by issuing a broad executive order to reduce environmental, permitting and programmatic restrictions that federal officials say are contributing to the nation’s housing affordability crisis. The order, signed by Donald Trump, directs multiple federal agencies to […]
A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation.