Multifamily

Housing Starts Post Healthy Gains in August

Filed in Economics, Multifamily by on September 18, 2019 0 Comments
Housing Starts Post Healthy Gains in August

Led by a surge in multifamily production, total housing starts rose 12.3% in August to a seasonally adjusted annual rate of 1.36 million units from an upwardly revised reading in July, according to a report from the U.S. Housing and Urban Development and Commerce Department. This is the highest level since May 2007.

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FHFA Restructures Fannie Mae, Freddie Mac Multifamily Lending Caps

Filed in Housing Finance, Multifamily by on September 13, 2019 0 Comments
FHFA Restructures Fannie Mae, Freddie Mac Multifamily Lending Caps

The Federal Housing Finance Agency (FHFA) announced today that multifamily lending caps for Fannie Mae and Freddie Mac will be $100 billion for each enterprise for the five-quarter period from the final quarter of 2019 all the way through 2020. The new caps apply to all multifamily business, with no exclusions.

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NAHB Continues to Push Back Against Rent Control

Filed in Affordability, Codes and Regulations, Multifamily by on September 6, 2019 3 Comments
NAHB Continues to Push Back Against Rent Control

Rent control legislation is being considered in California that will exacerbate housing shortages and drive up rents.

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6 Tips for Success from an Award-Winning Multifamily Builder

Filed in Awards, Multifamily by on August 29, 2019 0 Comments
6 Tips for Success from an Award-Winning Multifamily Builder

What does it take to become an award-winning builder? We asked Chris House — group vice president at Fortune-Johnson, the 2018 Multifamily Pillars of the Industry Builder of the Year firm — for advice for this year’s entrants.

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Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter

Filed in Economics, Multifamily by on August 22, 2019 0 Comments
Apartment and Condominium Market Bounces Back to Positive Territory in Second Quarter

Confidence in the market for new multifamily housing improved in the second quarter of 2019, according to results from the Multifamily Market Survey released today by NAHB.

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How to Think Big and Build Small to Address Housing Demand

Filed in Affordability, Education, Multifamily by on August 21, 2019 1 Comment
How to Think Big and Build Small to Address Housing Demand

Housing affordability is a growing concern to NAHB members and the communities they serve. NAHB Multifamily will present a webinar on Sept. 11 that will explore “missing middle housing,” a concept that describes housing types that range in scale from duplexes to bungalow courts and mansion apartments.

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Discover the Top 5 Accessibility Myths in the Multifamily Industry

Filed in Education, Multifamily by on August 16, 2019 2 Comments
Discover the Top 5 Accessibility Myths in the Multifamily Industry

With the introduction of the DOJ’s Accessibility Initiative, and NCSHA’s 46 New Best Practices (nearly 10% of which deal directly with accessibility), it’s more important than ever for multifamily developers to understand accessibility regulations.

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‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Filed in Affordability, Awards, Multifamily by on August 6, 2019 2 Comments
‘Impossible’ Project Provides Critical Workforce Housing Options in Memphis

Repurposing a 1.5 million-square-foot decaying building that’s been abandoned for decades and is too expensive even to demolish may seem like an impossible task. Yet a group of non-profit organizations in Memphis tackled this feat by turning a 1927 vintage Sears distribution center into a “vertical urban village” that includes resources for the arts community, for education, and for health and wellness services.

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6 Lessons Learned from a Historic St. Louis Rehab Project

6 Lessons Learned from a Historic St. Louis Rehab Project

The Arcade Apartments development is finished product of a historic rehabilitation of a 500,000-square-foot architectural landmark in downtown St. Louis. The $118 million project involved a mix of federal and state historic tax credits and New Market Tax Credits, loans, mortgages and investment from Webster University.

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NAHB Webinar Explores Economic Conditions for Multifamily Sector

Filed in Economics, Multifamily by on July 10, 2019 0 Comments
NAHB Webinar Explores Economic Conditions for Multifamily Sector

NAHB Chief Economist Robert Dietz will present the latest economic and housing data affecting the multifamily home building sector during the Multifamily Housing Economic Outlook Webinar scheduled for Thursday, July 18, 2-3 p.m. ET.

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