Tag: Washington DC
DCHFA Finances New Affordable Senior Housing and Grandfamily Development in Ward 7
The District of Columbia Housing Finance Agency (DCHFA) issued $25.9 million in tax exempt bonds, underwrote $21.4 million in federal Low Income Housing Tax...
Robust Business Throughout the U.S. Reflected in Standard Communities’ Office Expansion and Staff Growth
Standard Communities, a leading national affordable housing developer and investor, has expanded its principal offices and added staff reflecting robust business. Standard is one...
Multifamily developer confidence in positive territory for second quarter
Confidence in the market for new multifamily housing was in positive territory for the second quarter, according to results from the Multifamily Market Survey...
Single-family starts edge higher in July but rising rate concerns persist
A lack of existing inventory and solid demand helped offset rising mortgage rates and push single-family production higher in July, even as builders continue...
Builder confidence falls on rising mortgage rates
After steadily rising for seven consecutive months, builder confidence retreated in August as rising mortgage rates nearing 7 percent (per Freddie Mac) and stubbornly...
Increasing housing supply critical for Fed’s fight on inflation
With shelter inflation accounting for a staggering 90 percent of the overall inflation rate last month, the National Association of Home Builders (NAHB) is...
Rising mortgage rates and home prices put a damper on housing affordability
Rising home prices and interest rates coupled with elevated construction costs, low existing inventory and solid demand resulted in a significant decline in housing...
NMHC welcomes Bernard Fulton as VP for Housing Policy and Regulation and Latoya Lovick...
The National Multifamily Housing Council (NMHC) is pleased to announce that Bernard Fulton has joined NMHC as Vice President for Housing Policy and Regulation;...
NMHC encouraged following HUD meeting on expanding housing supply
Yesterday, NMHC President Sharon Wilson Géno participated in a roundtable discussion with HUD leaders, housing providers and other housing stakeholders on policy solutions to...
New home sales cool in June on higher mortgage rates
Rising mortgage rates and elevated construction costs put a damper on new home sales last month. Sales of newly built, single-family homes in June fell...
Industry response to White House fee announcement
NMHC: NMHC members believe that transparency in the cost of rental housing is positive for renters and housing providers alike. While we support the voluntary...
Single-family starts decline in June but permits post solid gain
Single-family production fell back after four straight monthly gains as elevated construction costs and rising mortgage rates led to a reduction in home building...
Apartment market continues to loosen
Apartment market conditions continued to weaken in the National Multifamily Housing Council’s (NMHC’s) Quarterly Survey of Apartment Market Conditions for July 2023, as the...
Builder confidence edges higher despite rising rate concerns
Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues...
NMHC, NAA support the introduction of choice in Affordable Housing Act
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) applaud the introduction of the Choice in Affordable Housing Act, bipartisan legislation...
