Affordable Housing
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GreenMars Real Estate and Acadia Realty Partners Welcome First Homeowners to Wilbur's Woods in Brunswick, Maine
Businesswire· 2025-10-27 17:36
PORTLAND, Maine--(BUSINESS WIRE)--Governor Janet Mills and Speaker Ryan Fecteau highlight need for affordable housing at Wilbur's Woods ribbon cutting event today. ...
X @Bloomberg
Bloomberg· 2025-10-23 22:02
Real Estate Industry Focus - Harry Triguboff has built more reasonably-priced homes than almost anyone else in Sydney [1] - The report highlights Harry Triguboff, a billionaire, who is a significant figure in Sydney's housing market [1] Geographical Focus - The report focuses on Australia, specifically Sydney [1]
Century munities(CCS) - 2025 Q3 - Earnings Call Presentation
2025-10-22 21:00
Company Overview - Century Communities operates in 16 states and over 45 markets across the U S [9] - The company reported revenues of $4 2 billion for the last twelve months ending in Q3 2025 [14] - As of September 30, 2025, the company has 62,239 lots [14] Financial Performance & Growth - Total revenues increased by 64% from $2 5 billion in 2019 to $4 2 billion in LTM Q3 2025 [25] - EBITDA increased by 78% from $207 million in 2019 to $369 million in LTM Q3 2025 [25] - Book Value Per Share increased by 173% from $32 11 in 2019 to $87 74 in Q3 2025 [25] - Net Income increased by 90% from $113 million in 2019 to $214 million in LTM Q3 2025 [25] - Home sale deliveries increased by 32% from 8,000 in 2019 to 10,555 in LTM Q3 2025 [25] - The company repurchased approximately 6 2% of shares outstanding at the beginning of the year [23] Business Strategy & Operations - 94% of total company home deliveries are priced below FHA limits [30] - 99% of total company home deliveries are spec builds [32] - The company maintains a significant liquidity position of $836 million [43] - Financial Services revenues were $88 million with pretax income of $20 million in LTM 3Q 2025 [47]
Hear At Last Signs Exclusive Contract with Hebei Jiachen Integrated Housing Co. for Affordable Modular Homes in North and Central America as Well as the Caribbean
Newsfile· 2025-10-21 12:00
Core Viewpoint - Hear At Last has entered an exclusive partnership with Hebei Jiachen Integrated Housing Co. to distribute affordable modular homes in North and Central America and the Caribbean, aiming to address the housing crisis and support underserved communities [1][2]. Group 1: Partnership Details - Exclusive Distribution Rights: Hear At Last will be the sole distributor of Hebei Jiachen's modular homes in the specified regions, ensuring a streamlined approach to delivering affordable housing solutions [3]. - Affordable Housing for the Homeless: The partnership focuses on creating modular homes priced for affordability, targeting communities in need and providing safe, sustainable living spaces for those experiencing homelessness [4]. - Sustainable and Modular Designs: Hebei Jiachen's modular homes are recognized for their innovative, eco-friendly designs, offering quick deployment and durability while maintaining cost-effectiveness [5]. Group 2: Impact and Vision - Focus on Impact: The collaboration aims to combine manufacturing expertise with local housing needs to make a meaningful difference in tackling the homelessness crisis [6]. - Leadership Statement: The president of Hear At Last emphasized that this partnership represents a commitment to creating a better future for underserved communities through affordable, sustainable housing solutions [7]. - Looking Ahead: The partnership is expected to deliver tangible results in the fight against homelessness, providing hope and stability to individuals and families in need [11].
'Gimmicks, slogans': Mamdani has no real solution to fix costs, says Andrew Cuomo
MSNBC· 2025-10-20 13:15
I want to take this moment because you spoke about President Trump and he may be watching right now and I just want to speak directly to the president which is that I will not be a mayor like Mayor Adams who will call you to figure out how to stay out of jail. I won't be a disgraced governor like Andrew Cuomo who will call you to ask how to win this election. I can do those things on my own.I will however be a mayor who is ready to speak at any time to lower the cost of living. That's the way that I am goin ...
Rate Sheet, AI, Verification, Servicing, Flood Tools; Primer on What Builders Can and Can't Do
Mortgage News Daily· 2025-10-16 15:46
Market Overview - Home prices in Southern Nevada have slightly decreased over the past year, indicating a cooling but stabilizing housing market [1] - The U.S. is experiencing a significant inventory of unsold homes, with 121,000 completed single-family homes sitting unsold as of July 2025, a 20% increase from 2024 [10][11] - Zillow estimates a shortage of 4.7 million housing units, while the National Association of Realtors estimates a 5.5 million-unit shortage [11] Builder Activity - D.R. Horton is acquiring SK Builders, expanding its presence in South Carolina [10] - Despite high inventory levels, homebuilders face challenges due to high interest rates, which are limiting potential buyers [11][12] Investor Influence - Investors purchased approximately 30% of single-family homes earlier in 2025, often renting them out instead of selling to individual buyers [12] - The rising costs of construction materials, labor, and financing are contributing to elevated home prices, making them unaffordable for many buyers [12] Government and Regulatory Factors - The Federal Housing Finance Agency (FHFA) may adjust affordable housing goals to encourage more construction and support financing for affordable housing projects [13][14] - Government regulations account for nearly 24% of the final price of new single-family homes, impacting the overall housing supply [17] Economic Conditions - The mortgage market is experiencing volatility due to potential tariff threats from President Trump, affecting bond yields and mortgage-backed securities [20] - Upcoming economic indicators, including jobless claims and the NAHB Housing Market Index, are expected to influence market conditions [21]
Community Housing Capital (CHC) Announces $12 Million Pilot Program for NeighborWorks America Organizations, NHS of Chicago First Investee
PRWEB· 2025-10-09 19:25
Core Insights - Community Housing Capital (CHC) is providing flexible capital through a Warehouse Line of Credit to help Community Development Financial Institutions (CDFIs) address liquidity constraints and offer more affordable mortgage options, thereby assisting families in homeownership [1][3] - The Illinois Policy Institute reports that 88% of low-income families in Chicago face significant housing costs, with two-thirds severely burdened, highlighting a local and national housing crisis [2] - CHC's partnership with CDFIs and local nonprofits aims to tackle financing challenges, ensuring more residents can achieve housing security and stability [3] Company Overview - Community Housing Capital (CHC) is a 24-year-old CDFI that has created or preserved over 24,396 units of affordable housing and facilitated $3.8 billion in total development since 2000 [5] - Neighborhood Housing Services of Chicago (NHS) is a nonprofit established in 1975, focused on providing affordable resources for residents to buy, fix, and maintain their homes, partnering with various stakeholders to strengthen neighborhoods [6] Program Details - The pilot program will make the Warehouse Line of Credit available to qualifying nonprofit affordable housing organizations nationwide, providing liquidity for new residential mortgages aimed at low-and-moderate-income buyers [4] - CHC will fund mortgages under the line of credit until they are sold to investors such as Fannie Mae, Freddie Mac, and regional banks [4]