Affordable Housing

LA Office Building Sold for $20.64 Million to Be Converted into Affordable Housing
A significant sale in Encino, California, sees an office building purchased for $20.64 million to be transformed into 117 affordable studio and one-bedroom apartments, addressing the critical need for affordable housing in the region.

San Bernardino's Echo Apartment Homes Sold for $12.3 Million to Boost Workforce Housing
Aspen Real Estate Financial LLC, in partnership with local housing authorities, acquires Echo Apartment Homes in San Bernardino for $12.3 million to address the critical shortage of workforce housing.

CAHEC Advances Affordable Housing in the Southeast with Three New Properties
CAHEC's closure of three affordable housing properties in the Southeast underscores the critical need for accessible housing and community development in the region.

Resia Launches First U.S. Project with Modular Construction, Addressing Housing Affordability
Resia's innovative use of modular construction in its first U.S. project, Resia Golden Glades, showcases a cost-effective and efficient solution to the housing affordability crisis in South Florida.

New Florida Law Enhances Housing Support for Foster Youth Transitioning to Adulthood
Florida's new 'Young Adult Housing Support' law, effective July 1, 2025, significantly improves housing stability and educational opportunities for youth aging out of foster care, marking a pivotal step towards their independence.

Justice 4 Housing to Feature on The Balancing Act Local, Highlighting Housing Equity for Formerly Incarcerated
Justice 4 Housing's upcoming feature on The Balancing Act Local underscores the critical issue of housing discrimination against formerly incarcerated individuals and the organization's efforts to combat it.

CAHEC Honors Leaders in Affordable Housing and Community Development
The 2025 CAHEC Awards highlight innovative projects and individuals making significant impacts in affordable housing and community development, showcasing models of public-private partnerships and community engagement.

Texas Cities Lead the Way in Parking Reform to Boost Development
Texas cities are eliminating parking minimums to encourage business development and affordable housing, with Haltom City urged to follow suit to revitalize its older areas.

Mission Driven Bank Fund Invests in Mississippi Community Bank to Advance Affordable Homeownership
The Mission Driven Bank Fund's investment in GBS Financial Inc. underscores a shared commitment to enhancing financial well-being in underserved communities, with a focus on affordable homeownership and innovative financial solutions.

Nansledan Development Receives Prestigious Gindroz Award for Innovative Affordable Housing
The Institute of Classical Architecture & Art has selected Nansledan, a 540-acre sustainable community in Cornwall, as the 2025 recipient of the Gindroz Award for Excellence in Affordable Housing, highlighting a new model for integrated, environmentally conscious urban development.

Raleigh Rescue Mission Breaks Ground on Transformative Homeless Support Campus
CAHEC New Markets is investing in a comprehensive facility called The Garden, which will significantly expand support for situationally homeless women and children in the Triangle region, offering housing, education, and holistic recovery services.

New Palm Desert Housing Development Offers Innovative ADU Options Amid Housing Affordability Crisis
Woodbridge Pacific Group's University Park development in Palm Desert introduces flexible housing solutions with built-in ADUs and casitas, addressing multiple housing needs while offering homes from the low $700,000s.