New Virginia Gov. Abigail Spanberger’s first-year housing agenda delivered new money and new tools for affordable housing preservation, but it fell short on the package’s biggest supply-side proposal: a statewide push to allow multifamily housing by right in many commercially zoned areas. A pair of bills would have required local zoning codes to allow multifamily […]
Small wins on impact fees occasionally occur in costly U.S. housing markets. Teton County, Wyoming, officials agreed last week to refund a $24,325 “affordable workforce housing” fee that a homeowner had to pay to obtain a permit to build a single-family home. The payment settles a lawsuit the homeowner filed last year in a Wyoming […]
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 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 […]
Japan-based real estate and construction giants have spent the past decade quietly building footholds across the U.S. housing market. By early 2026, those footholds are transforming into a noticeable wave of expansion. The latest development comes from Tokyo-based Hajime Construction Co., Ltd., which announced on March 10 that it has acquired a 51% equity stake […]