article thumbnail

California Senate OKs bill for affordable housing on nonprofit-owned land

Housing Wire

The California State Senate passed a bill this week that would permit the construction of affordable housing units on land owned by faith-based institutions and nonprofit colleges, even if local zoning ordinances and laws would normally prevent construction. The bill, introduced last December by Sen.

Land 384
article thumbnail

Top Tips and Considerations For Buying Land

Realty Biz

Buying land represents a pivotal investment in one's future. Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. Each stage demands careful consideration to avoid common pitfalls and ensure the land meets your long-term objectives.

Land 127
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Build a Custom Home: Construction, Design Tips, and Cost Considerations

Maximum Exposure Real Estate

Transforming a lot of land into your haven is no small feat, but it’s also one of the most rewarding experiences.

article thumbnail

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 FFB risk-sharing initiative will assist in the construction of “tens of thousands of additional affordable homes” over the next decade, he wrote.

article thumbnail

Florida theme parks creating more housing for employees

Housing Wire

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year. “To

article thumbnail

Cheapest Way to Buy Land and Build a House

Marco Santarelli

The cheapest way to buy land and build a house will vary depending on a number of factors, including the location of the land, the size and complexity of the house, and the materials used. This article is for anyone who is considering buying land and building a house. What Are the Benefits of Buying Land and Building a House?

Land 52
article thumbnail

Opinion: Reformed FHA program will offer lenders new business opportunities

Housing Wire

Thanks to the efficiencies baked into the construction processes of manufactured homes, these factory-built houses are both faster and less expensive to build than site-built homes, saving buyers between $50,000 to $100,000 per unit. Jim Gray is a Senior Fellow at the Lincoln Institute of Land Policy.

Title 450