Affordable middle housing faces zoning law challenges

Emily Parkin

A growing chorus of experts say middle housing, a class of multifamily housing options that falls between single-family homes and large apartment complexes, is a vital instrument in the fight against unaffordable housing. But middle housing has a big problem: Zoning in most residential areas doesn’t allow it. That’s the […]

New Law Combats Housing Discrimination In New York Through Improved Education For Real Estate Professionals

Emily Parkin

Governor Kathy Hochul signs package of legislation combating housing discrimination across Long Island and New York State Bill by Senator Anna M. Kaplan mandates anti-bias training for real estate professionals to combat the type of discriminatory behavior uncovered by Newsday’s “Long Island Divided” investigation series Click here to download HD […]

Lument Provides $16.9 Million Freddie Mac Forward Commitment Loan to Build New Affordable Housing High-Rise in Washington, D.C.

Emily Parkin

NEW YORK, Dec. 16, 2021 /PRNewswire/ — Lument recently underwrote a two-tranche unfunded forward commitment for a Freddie Mac tax-exempt loan (TEL) totaling $16.9 million to construct 1515 North Capitol Apartments, a new affordable housing high-rise development located in Washington, D.C.’s Truxton Circle neighborhood. The 15-story apartment building will feature […]