Your news source for affordable homeownership
GROWTH by NCRC Managing Director Ed Gorman Leads Affordable Homeownership Session at NCRC’s Just Economy Conference
The National Community Reinvestment Coalition (NCRC) held its annual conference in Washington D.C. on June 13-14, marking a triumphant return…
Birmingham Mayor Woodfin, GROWTH by NCRC Deliver Affordable Homeownership
Affordable homeownership: Three new homeowners are getting the keys to their homes after a ribbon-cutting at the new Oak Hill.
Media Advisory: Mayor Woodfin to Present Keys to First Homeowners
Join us for a ribbon cutting with Birmingham Mayor Randall Woodfin at our Oak Hill community in historic Belview Heights.
Mayor Woodfin to Present Keys to First Homeowners in Historic Birmingham Neighborhood
First homeowners will receive keys to new homes from Mayor Randall Woodfin March 17, 2022 at a ribbon cutting ceremony.
More Buyers “Priced Out” of Homeownership
Increases in house prices and, soon, interest rates have an obvious impact on housing affordability reducing opportunities for affordable homeownership.
Housing Trends: Home Purchasing Impact 2022
Housing Trends: High Prices and Limited Inventory Continue to Impact Home Purchasing Ability in 2022. Many buyers locked out of.
Neighborhood Revitalization a Top Priority for Mayor Woodfin
Mayor Randall Woodfin Gives State of the City Address. Neighborhood Revitalization is a top priority with GROWTH by NCRC's Oak.
FHFA’s Sandra Thompson to Address Racial Homeownership Gap
President Biden nominates Sandra L. Thompson as Director of the Federal Housing Finance Agency (FHFA). Thompson pledges to address racial.
Top Five Housing and Real Estate Stories of 2021
Last year certainly had its moments. Take a walk down memory lane as GROWTH reveals the top five housing and.
Federal Reserve Starts Taper
Federal Reserve Starts Taper: Beginning in November, the Fed will reduce the volume of MBS and Treasury purchases, putting pressure.
Affordable New Construction in Vine City, ATL
GROWTH by NCRC and Riddle Property Group, LLC Plan New Construction Affordable Townhomes in Vine City with Parkview Development.
First-Time Buyers and LMI Buyers Priced Out of Market
As home sales surge to their highest point in eight months, more and more first-time buyers and low-and-moderate-income buyers are.
GROWTH Builds New Homes in Parma Heights
New Homes in Parma Heights. GROWTH by NCRC and Cleveland Custom Homes Break Ground on Twelve New Builds. Starting from.
New 20-Year LIFT Loan Proposed for LMI First-Time Homebuyers
New 20-Year LIFT Loan Program for Low- and Moderate-Income First-Time Homebuyers Increases Affordability and Ability to Build Equity.
The $3.5T Senate Infrastructure Bill: Real Estate Implications
Federal lawmakers are working through the details on proposed tax reforms that will help pay for the $3.5T Senate Infrastructure.
Alanna McCargo Intended Nominee to Head Ginnie Mae
Today, the Biden Administration announced that senior HUD Official, Alanna McCargo, is the intended nominee to be president of Ginnie.
Rents Rise Across US Metro Markets
Rents Rise: Record low supply, skyrocketing prices, and fierce competition from other buyers and investors are forcing many would-be buyers.
HUD Secretary, Marcia Fudge, on Housing Crisis
NPR interviewed HUD Secretary, Marcia Fudge to learn more about averting the housing crisis and stemming the tide. "We have.
Racism and Homeownership–Sabotaging the American Dream
Racism and Homeownership: Despite the efforts to address equality in housing, the Markup report reveals that discriminatory policies are still.
FHFA, White House, Treasury, and HUD Promote Affordable Housing
FHFA, White House, Treasury, and HUD Announce Additional Measures to Promote Affordable Housing in the multi-family market and in homeownership.
White House Tackles Housing Shortage With Plan for Affordable Homes
The White House announced on Wednesday that it is taking steps to add 100,000 affordable homes in markets with the.
Annual Home Price Gains Hit Record High in June
Home price gains set record highs in June. Housing affordability continues to decline pushing homeownership out of reach for many.
ParkView Townhomes: 21 ‘Permanently Affordable,’ New Townhomes Bound for Vine City
GROWTH by NCRC and the Riddle Group Announce ParkView Townhomes, 21 'Permanently Affordable,' New Townhomes Bound for Vine City.
Lack of Entry-Level Homes Remains a Challenge for the Market
Higher materials costs, declining availability of labor, lot prices, intense demand, and lack of supply are leaving a shortage of.
GROWTH by NCRC Announces New Single-Family Homes Near Gresham Park
Single Family Homes Decatur: Highlands of Decatur Project Offers Opportunities for Building Generational Wealth and Community Revitalization.
Wyden Proposes New Senate DASH Bill
DASH stands for Decent, Affordable, Safe Housing. The proposed Senate DASH Bill includes several tax-related proposals and other housing policy.
Fannie Mae Incorporates Rental History into Mortgage Origination Process
Fannie Mae announced the company will now incorporate consumers’ rent payments in the mortgage credit evaluation process.
Building Materials Prices Continue Record Pace
Construction costs and building materials prices continue to rise at a record pace year over year making homeownership unaffordable for.
HUD and FHFA Announce Enhanced Fair Housing Enforcement
In an effort to redress our nation's history of discriminatory housing practices, HUD and FHFA signed an MOU to improve.
Senate Passes Infrastructure Bill
The Biden Administration's Infrastructure Bill is a step in the right direction. Bill passes in the senate 69-30. What you.
Housing Affordability Plummets
Housing Affordability Plummets to a 10-Year Low as materials and regulatory costs, labor shortages skyrocket.
HUD Secretary Marcia Fudge to join in Cleveland for event on increasing Black homeownership
On June 18, housing and civil rights leaders will formally announce the launch of a national initiative for increasing Black.
GROWTH and City of Birmingham Building New Homes in Birmingham
The City of Birmingham and GROWTH by NCRC signed a $25 million development deal that will begin with building affordable new.
NCRC Founder John Taylor To Retire August 1
John Taylor, founder of NCRC, will retire August 1 and remain a consultant for three years. The nonprofit organization will.
New Homes In Parma Heights
Cleveland Custom Homes and GROWTH by NCRC Commit to Twelve New Builds in Parma Heights. New Homes in Parma Heights.
New York Times: Black Homeowners Face Discrimination in Appraisals
Companies that value homes for sale or refinancing are bound by law not to discriminate. Black homeowners say discrimination in.
How Has the Spike in Lumber Prices Increased Home Costs?
As of late April, lumber prices were up 67% from the beginning of the year and a massive 340% higher.
Biggest impediment to mortgage growth? Shortage of new homes.
The shortage of new homes and affordable construction starter homes is not only a problem for would-be homeowners but mortgage.
Teen Vogue: What is Redlining
What is redlining? The COVID-19 pandemic has exposed many of the flaws in the US. This includes one of the.
Jennifer Powers Promoted to National Vice President at GROWTH by NCRC
Jennifer Powers promoted to National VP at GROWTH by NCRC, an organization that creates pathways to affordable homeownership and housing.
Columbus Celebrates Completion of 20 New Homes as Part of Regional Affordable Housing Initiative
Columbus completes 20 new affordable homes built in partnership with GROWTH , part of the NCRC Housing Rehab Fund. New.
GROWTH by NCRC AND BENEDICT-ALLEN COMMUNITY DEVELOPMENT CORPORATION ANNOUNCE THE COMPLETION OF EIGHT NEW AFFORDABLE HOMES NORTH OF THE BENEDICT COLLEGE CAMPUS IN DOWNTOWN COLUMBIA, SC.
Growth by NCRC and Benedict Allen CDC complete construction of eight new affordable homes north of campus in downtown Columbia,.
GROWTH by NCRC and Greenlining Realty USA Celebrate Completion of Nine Homes in West Woodlawn
GROWTH by NCRC partners with Greenlining Realty to build and renovate nine homes in West Woodlawn in Chicago, IL to.