SAN DIEGO, Calif. (CNS) — Ten affordable housing projects in San Diego County comprising nearly 1,000 units are set to receive $14 million in state funding to accelerate their completion, it was announced Wednesday. The projects, which are expected to have units entering the market between December of 2026 and June of 2030, will be
Investors own more than half of all the houses in seven California counties. That’s one eye-catching nugget from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the
Housing finance player IIFL Home Finance announced on Saturday that it has secured $100 million from the Beijing-based Asian Infrastructure Investment Bank (AIIB). The funds will be used to support affordable housing for economically weaker sections (EWS) and low-income groups (LIG) across India. Under this partnership, IIFL Home Finance will also take steps to promote
United Wholesale Mortgage is bringing back a conventional purchase mortgage in which the borrower only has to come up with a 1% down payment. A previous version of the product was last offered in May 2024. With this iteration, the mortgage is available up to the conforming loan limit for buyers at or below 80%
The Wilmington Neighborhood Conservancy Land Bank is closing in on 400 blighted properties transformed since 2018. A $250,000 grant from Bank of America is going to the Land Bank’s Lower Hilltop Equitable Housing and Neighborhood Revitalization Initiative. During a ceremony and building tour Tuesday, Councilwoman at-large Maria Cabrera said it means more than dollars and
President Donald Trump said on Wednesday that he is giving “very serious consideration” to taking mortgage giants Fannie Mae and Freddie Mac public, more than 15 years after they were taken under government control to stabilize the U.S. economy in the wake of the 2008 housing market collapse. “I am giving very serious consideration to
On Friday afternoon, Charme Moreau Taksony and her dad Claude Moreau stand outside the 464-square-foot ‘ohana unit that the family built for Taksony in Skill Village. HJI / COLLEEN UECHI photo PĀʻIA — Claude Moreau affectionately calls his kids “boomerangers,” because they keep coming back to live with him. His son’s family of four moved
Listen to this article The construction industry continued to be plagued by a series of challenges in 2024. From ongoing labor shortages to supply chain disruptions and economic uncertainty, developers have had to be flexible and steadfast to get projects from the proposal stage to completion. Despite all those challenges, a remarkable number of projects