Your news source for affordable homeownership

Post Thumbnail

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. 
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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. 
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

Housing Affordability Plummets

Housing Affordability Plummets to a 10-Year Low as materials and regulatory costs, labor shortages skyrocket.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.
Post Thumbnail

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.