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Treasury’s new housing plan includes redirected COVID-19 funds to boost affordable supply

Housing Wire

Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. The third provision is an extension of the support from the Federal Financing Bank (FFB) for “a risk-sharing initiative between the U.S. There are three core provisions of the plan.

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Fintech Maxwell launches POS feature that offers tailored workflows for lenders

Housing Wire

Lenders can also define workflows and business rules for any mortgage product, including construction loans, manufactured home loans, home equity loans and bridge loans. Unlike off-the-shelf POS solutions, Blueprint Builder allows lenders to customize technology that is designed to help improve operations, Maxwell noted.

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TRB Pre-Construction Review: “Freed Hotel & Residences”

Toronto Realty Blog

of Torontonians had never heard of Bjarke Ingels, and that there was no reason why people should be paying $2,000 per square foot for a pre-construction project simply because it has his name on it. But you will also findhis name attached to a massive new real estate development in Toronto, known as Freed Hotel & Residences.

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Opinion: Agencies are key to fixing housing affordability

Housing Wire

Homeownership is used far too often as the federal piggy bank. CHLA commends FHA for its work on its “Mythbusters” initiative, designed to blow up the myths around FHA loans by educating lenders and home sellers. But now a new threat is emerging on this front. Such opportunities may arise.

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The Strategy Behind the Success of One of NYC’s Most Active Office Developers

Propmodo

million square feet of office space is under construction or renovation in Manhattan, the lowest amount in 8 years, according to JLL. But amid this gloomy outlook, one development firm in the city is contrasting the negative view of the office and finding ways to get offices designed, financed, and completed. Less than 7.2

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Affirmed Housing Celebrates Grand Opening of New, Supportive Housing Development in Los Angeles

Realty Biz

Affirmed Housing, a leading provider of affordable housing throughout California, announces the completion of Asante, a new, supportive housing development located at 11001 S. He continued, “We feel privileged to be part of this new housing development, of this day and, more importantly, to be part of this community.”

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Things Builders Should Know About Spec Home Loans

Realty Biz

Development financing for larger new construction projects and alternative financing approaches should also be considered. A spec home is a newly constructed residential property built by a developer or builder without a buyer already in place. What is a Spec House? The definition of a spec house is straightforward.

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