article thumbnail

Developer sues Denver over requirement to pay into affordable housing fund

Housing Wire

As many local governments continue to face challenges in bolstering their housing stock, one developer is taking action against Denver over a requirement to pay into the citys dedicated affordable housing fund. The company also claims that it is the first homebuilder west of the Mississippi to develop homes to the standards set by the U.S.

article thumbnail

Dark Matter launches Developer Portal for an open API ecosystem

Housing Wire

Dark Matter Technologies unveiled a new Developer Portal Thursday during its second annual Horizon user conference. The Developer Portal marks an evolution for Dark Matter’s Empower loan origination system (LOS), moving from API access to “a fully open API ecosystem.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

Trapped by design: Why America’s housing market is stuck — and what the rest of the world can teach us

Housing Wire

policymakers scramble for answers, countries abroad have already developed and deployed practical solutions. The core insight: a well-designed financial product can serve both borrowers and lenders without creating systemic friction. In todays environment, that design is becoming a liability. Its a design problem.

Design 260
article thumbnail

Florida has built 77,000 new homes in high-risk flood areas

Housing Wire

Developers continue to build in these areas with few obvious signs of slowing, the story said. “La Climate change is having a pronounced impact on the housing market, particularly when it comes to the accelerating risks of extreme weather events in areas that were already vulnerable to impact.

article thumbnail

HUD announces $72.6M in new Native American community grants

Housing Wire

Department of Housing and Urban Development (HUD) on Monday announced the disbursement of $72.6 million in new funding under the Indian Community Development Block Grant (ICDBG) program, adding up to $2 million to 38 individual community recipients to bolster housing development , expansion and preservation.

Principal 370
article thumbnail

Texas senator urges DOJ investigation of Muslim-led real estate development

Housing Wire

Department of Justice to investigate EPIC City, a real estate development near Josephine, Texas , citing personal concerns that it may violate the constitutional rights of non-Muslims. EPIC City background According to the developers website, EPIC City will include single-family and multifamily homes, parks, schools, businesses and a mosque.

article thumbnail

Compass, Chapter partner on home renovations

Housing Wire

Compass has entered into a partnership with renovation firm Chapter to integrate design and remodeling services into the home buying and selling processes across markets in New York, Florida, Connecticut and New Jersey. Buyers will gain access to estimates and design plans that help evaluate a property’s potential prior to purchase.