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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 community in Birmingham.

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 to celebrate Birmingham homeownership!

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 celebrating affordable homeownership.

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 homewwnership.

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 Hill project at the forefront.

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 homeownership gap.

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 real estate stories of 2021.

Federal Reserve Starts Taper

Federal Reserve Starts Taper: Beginning in November, the Fed will reduce the volume of MBS and Treasury purchases, putting pressure on interest rates.

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 sidelined. 

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 the $240s.

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 Bill.

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 Mae.

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 into rentals. 

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 the resources. We CAN do this.” 

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 firmly in place. 

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.