Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. For many young Americans, buying a first home is now a dream deferred. The average first-time buyer is 38, up from the historical range of 29 to 33, according to the National Association of Realtors. “First-time buyers face high home prices, high mortgage interest rates and limited inventory, making them a decade older with significantly higher incomes than previous generations of buyers,” sai ...

Core Insights - PNC Bank has closed its 100th Low-Income Housing Tax Credit (LIHTC) Fund, investing over $175 million to support the development and rehabilitation of affordable rental housing across the U.S. [1][2] - The fund will facilitate the construction or rehabilitation of nearly 1,500 affordable homes in 17 properties across 10 states and the District of Columbia, targeting families, seniors, and vulnerable populations [2][3]. Company Commitment - The establishment of the 100th LIHTC fund highlights PNC's long-standing commitment to addressing the affordable housing crisis in the U.S. [2][3] - PNC Multifamily Capital is recognized as one of the largest providers of affordable multifamily equity and both affordable and conventional debt in the industry [3]. Financial Overview - As of September 30, 2025, PNC Multifamily Capital manages approximately $15.8 billion in tax credit equity, supporting over 134,000 affordable rental units and maintaining a $34 billion agency loan portfolio [5]. Notable Projects - Rosenwald Pointe in Waynesboro, VA will provide 53 affordable family units with comprehensive supportive services [7]. - Marine Drive in Astoria, OR will offer 33 units, including 32 supportive housing apartments for individuals experiencing homelessness [7]. - 4345 Matilija in Los Angeles, CA will address the need for affordable housing and provide services to promote self-sufficiency and housing stability [7].

We're back now with a look at the major shift happening in Miami. A Democrat winning the mayoral race for the first time in 28 years. Democrat Eileen Higgins earning nearly 60% of the vote, beating out Republican candidate Emilio Gonzalez in last night's runoff election.Higgins, who served on the Miami Date County Commission, also became the first female mayor in Miami history. And Mayor Elect Eileen Higgins joins us now live. Mayor Elect, we thank you so much for coming on Top Story.and somebody who is fro ...

Core Insights - The event on December 4, 2025, will celebrate the transformation of the Prichard building in Huntington, highlighting completed residential spaces and future project phases aimed at community revitalization [1][2]. Company Involvement - CVS Health has invested over $17 million in the Prichard project, contributing to the development of affordable senior housing and reinforcing its commitment to community health [3]. - CVS Health's broader investment in affordable housing in West Virginia exceeds $21 million, resulting in the creation or preservation of over 800 affordable housing units [3]. Community Impact - The transformation of the Prichard building is seen as a collaborative effort that enhances community wellbeing and provides safe housing for seniors [4]. - The project reflects a commitment to preserving local history while fostering new opportunities for residents [3][4]. Event Details - The event is free and open to the public, encouraging media coverage and community engagement [4].

Stretch your retirement savings without sacrificing quality of life. These five U.S. cities offer affordable housing, great healthcare, and plenty to do. https://t.co/hsClGrIAPz ...

I got along with her very well. I liked her. We worked together.DC is now a safe community. It's a great community. You people know it better than I do because you live there.But DC is now safe. The restaurants are booming. The place is booming.>> President Trump reacting to the news yesterday from Washington DC. Mayor Muriel Bowser that she will not be running for a fourth term in office. In her announcement video, Bowser thanked district residents and called it the job uh called the job the honor of her l ...

Not enough people talk about how homes in America would be more affordable if citizens weren't held hostage by local city councils and their insane regulations. ...

Zoran Mandami is New York City's next mayor, the first Muslim to lead the city. His campaign leaned into diversity, posting videos of Mandani speaking different languages, eating ethnic food, walking all the streets, it felt like, of five burrows. It absolutely energized young voters and highlights a generational democratic divide.Namdani spoke directly to the working class, riding the bus to debates, making those 3:00 a. m. campaign stops to meet with cab drivers working the night shift, and earlier saying ...

Election day is just three days away and one of the most closely watched contests is a New York City mayoral race between New York City state New York State Assembly member and Democratic socialist Zoran Mdani and former governor Andrew Cuomo running as an independent and Republican guardian angels founder Curtis Leewa. Recent polling shows the race tightening slightly, but Mani still leads Cuomo and Siwa by double digits. Joining us now is former New York Governor and New York City mayoral candidate Andrew ...

Can Zohan Mandani actually do what he's promising in New York City. That's the big question now as New York gets set for what will likely be its first Muslim Democratic socialist mayor. Mandani has mesmerized young voters with his promises to tax the rich, open city-run food stores, make buses free, and help Trump proof New York.But how much of this can he actually do. Any mayor's powers are limited by what's in his control and what's in the hands of New York State. Mamdani will almost certainly manage to d ...