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Higher labor and material costs and rising interest rates, amid limited public funding and tax incentives are some of the pressure points raised by 156 affordable housing professionals who attended the U.S. Housing Community and Development Conference earlier this month. Those strains are forcing them to seek out more creative financing. Processing Content “Projects frequently […]

Sales of new homes in the US fell again in May to the lowest level since the start of the year as heavy discounts failed to offset high mortgage rates. Processing Content Purchases of new single-family homes decreased by 7.3% to an annual rate of 580,000 last month, according to government figures published Wednesday. The