May 18, 2024
Mortgage

OceanFirst makes mortgages more affordable, if you can find the home

MARLBORO – Patricia Kelly signed up for affordable housing 2½ years ago, hoping to buy a place of her own where she and her disabled daughter, Jessica, could live with security, steady payments and, finally, their own bedrooms. Last fall, a two-bedroom townhouse came onto the market. Its walls were black. It smelled of cigarette

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Investment

Detroit nets $1B housing investment with E Jefferson development

A milestone East Jefferson Avenue residential development has just pushed Detroit affordable housing investments since 2019 past $1 billion, officials announced Friday. Gathered at the construction site, a 150-unit riverfront affordable housing development near Van Dyke Avenue, Mayor Mike Duggan, investors, developers and other government officials celebrated 71 affordable housing projects built or under construction

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Property

Will Thousand Oaks motel property ever become homeless housing?

The former Quality Inn & Suites in Thousand Oaks has been a semi-abandoned construction site for about the past six months. Piles of broken asphalt and construction debris sit on the property. Some wings of the old motel have fresh paint and new windows; others don’t. Tarps cover most of the roof. Last summer, contractors

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Property

Walnut Way renovates Milwaukee property into sustainable house

A year ago, the house on North 15th Street was headed for a date with the wrecking ball. It was vacant, owned by the city of Milwaukee after foreclosure, boarded up — distressed would be a kind description. But that was then, before Walnut Way Conservation Corp. began a rehab project that not only will

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