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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Wed, 12/15/2021 - 10:07. Financials.

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Cracking the code of affordable housing

BD+C

MFPRO+ Blog Mixed-Use Affordable Housing Senior Living Design Apartments Designers Architects New Project Portfolios A wave of residential projects rising across the country is meeting an insatiable demand, given the estimated shortage of 7.3 million homes that are accessible to low-income renters.

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Rent Control Policies Gain Traction—Economists Say They’re a Bad Idea

Pro Builder

Just 2% of economists polled by IMG felt rent controls in places such as New York and San Francisco were having a positive impact on affordable housing. million homes, especially at low-income price points, according to Habitat for Humanity. “We America already suffers from a deficit of 3.8

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Young Professionals Have Returned to Cities, Impacting Rents

Pro Builder

The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Rents increased more than 10% over the course of the year, says Realtor.com, a dramatic change from the beginning of the pandemic when job losses rendered renters unable to pay, and occupancy rates dropped to new lows.

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New York Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

For a list of New York economic development agencies that can help with the site selection process, visit our Online Site Seekers’ Guide. Cash Incentives: New York State offers low-cost loans and grants to companies that invest significant capital in the State and commit to the creation and retention of private sector jobs.

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Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. Four MINTs now operate in Boston, Fresno, KC, and Tulsa.

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Millionaire Sitt Invests $1 Million To Improve NYC Airport Infrastructure; Launches Global Gateway Alliance

Buisness Facilities Contributed Content

Sitt, CEO of Thor Equities is taking it upon himself to improve the infrastructure of New York City’s airports. In fact, it’s predicted that the New York metropolitan region could well face $79 billion in economic losses by 2025 if we don’t do something about the declining state of our airport infrastructure.