MBA’s President and CEO Bob Broeksmit, CMB, released a statement regarding the Department of Housing and Urban Development’s (HUD) announced proposal to level upfront and annual mortgage insurance premiums for its Federal Housing Administration (FHA) Multifamily Accelerated Processing (MAP) programs.
Category: News and Trends
Bridging the Gap: Why Clarity on Middle-Income Rental Housing Is Key to Solving America’s Housing Crisis
Middle-income renters earning too much to qualify for affordable housing but too little to afford market-rate units face increasing pressure in today’s tight housing market. These households, which make up over 17% of U.S. renters, are often overlooked in housing policy, despite being vital to local economies and communities.
JCHS Finds a Worsening Affordability Crisis
The U.S. housing market remains shrouded in uncertainty, with little indication that high home and rent prices will ease anytime soon, a new report from the Harvard Joint Center for Housing Studies finds.
Colliers: Industrial Sector Slowing
A shrinking construction pipeline for industrial properties has resulted in a 63% decrease in new supply over the past year in the country’s 25 largest industrial markets, according to Colliers, Toronto.
Apartments.com: Forever Renters Looking to Avoid Stress
Apartments.com, Atlanta, released a new survey focused on the motivations of long-term renters and those who intend to rent forever.
CBRE: ‘Fragile’ Job Outlook for Life Sciences Jobs
U.S. life sciences employment has wavered between small gains and declines since 2022 as the sector grappled with capital constraints and layoffs, leaving its growth prospects fragile this year, according to a new report from CBRE.
MBA: Commercial, Multifamily Mortgage Debt Outstanding Increased in First Quarter
The level of commercial/multifamily mortgage debt outstanding increased by $46.8 billion (1.0%) in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.
Planning for Commercial Building Grows, Dodge Finds
The Dodge Momentum Index grew 3.7% in May to 211.2, indicating an increase in planning for both commercial and institutional buildings, the Dodge Construction Network reported.
Dealmaker: M&T Bank, M&T RCC Arrange Over $10M for Vermont Affordable Redevelopment
M&T Realty Capital Corp., Baltimore, announced a $5 million Low-Income Housing Tax Credit equity investment in an affordable housing redevelopment in rural Vermont.
CREF Policy Update: CFPB Delays 1071 Reporting Again
Commercial and multifamily developments and activities from MBA important to your business and our industry.