A lack of affordable housing has reached crisis levels throughout huge swaths of the nation.
A Trove of Innovative Initiatives
What it Takes to Close Deals in a Shifting Economic Landscape
As the homeless crisis deepens throughout the United States—particularly on the West Coast—affordable housing developers are increasingly partnering with social service providers to offer permanent supportive housing to homeless people and other vulnerable populations.
Over the past three years, a new financing product has paved the way for converting privately owned apartment complexes to 100 percent public, governmental ownership with no equity contribution.
Fannie Mae and Freddie Mac Multifamily are experiencing an uptick in purchase volumes as the debt capital market environment appears to be shifting in the latter half of 2022.
Rising Interest Rates and Fears of Recession Force Developers and Lenders to Get Creative
Techniques For Cutting Costs and Speeding Construction
How Design Features Are Helping to Reduce Costs
With the Baby Boomer generation retiring en masse, a wave of new leaders is stepping up in the affordable housing space creating a generational shift in the industry.
Bank of America has a long history of financing and supporting affordable housing across the nation. It’s a commitment born out of a desire to support communities and enhance quality of life in neighborhoods large and small.
ble housing communities across the nation have much to gain from decarbonization and electrification, yet unfamiliarity with new technologies, the high cost of retrofitting buildings, and complicated access to funding sources and incentives have slowed the conversion.