Kronenberg Enterprises’ Post

Funding assurance is vital for housing association boards at a time when financial viability is under heavy scrutiny. This is why we are calling for funding certainty beyond the current 2021/26 Affordable Homes Programme end date. Without it, development schemes of over 50 homes or those that take longer than 12 months are now at risk. Read more here👉https://lnkd.in/egY_Cy2Q #PlanForHousing #ukhousing

FHFA releases its final rule on fair lending, fair housing The Federal Housing Finance Agency (FHFA) has released its Final Rule related to Fair Lending, Fair Housing, and Equitable Housing Finance Plans. The FHFA also announced the release of Fannie Mae and Freddie Mac’s (the Enterprises’) Equitable Housing Finance Plan updates for 2024 and Performance Reports for 2023. According to FHFA's notice, the Final Rule generally takes effect 60 days after its publication in the Federal Register—"except for subpart D, which will become effective on February 15, 2026.” The Final Rule “addresses barriers to sustainable housing opportunities for underserved communities by codifying existing FHFA practices in regulation and adding new requirements.” In addition, the Final Rule, “codifies in regulation much of FHFA’s existing practices and programs regarding fair housing and fair lending oversight of its regulated entities, the Equitable Housing Finance Plan program for the Enterprises, and requirements for the Enterprises to collect and report language preference, homeownership education, and housing counseling information.” This story can be read in its entirety on the Wolters Kluwer Vital Law site (no paywall) at https://lnkd.in/gM8M5qwB.   As reported by Donielle Tigay Stutland. #FHFA #FairHousing #EqualCreditOpportunity #SustainableHousing 

Unlocking quality housing for underserved communities is at the heart of what we do. Dive into our conversation with co-founders Jeffrey Froom and James Huff as they shed light on our commitment to providing affordable, secure homes. #LiveEasy #CommunityFirst #ImpactInvesting 🏡

The New Jersey Economic Development Authority approved a $20 million program called "The Emerging Developer Fund" to assist emerging real estate developers in underserved communities. Their goal is to address rising concerns such as predatory lending, excessive carrying costs, and pre-development expenses that hinder small-scale companies, while providing these developers access to capital and capacity building. The fund will offer grants of up to $200,000, covering 50% of pre-development soft costs for small-scale developers who have completed two to five commercial or mixed-use properties of similar scale. Soft costs covered include insurance, legal fees, utilities, property taxes, construction drawings, and design fees, excluding property purchase or construction expenses. The EDA is also providing an additional $50,000 bonus for projects located in one of NJ's 189 Government Restricted Municipalities, such as Atlantic City, Paterson, and Trenton, bringing the fund to $250,000 in these areas. . . . #NJRealEstate #CommercialRealEstate #NJProperties #CRE #NJBusiness #PropertyForLease #RealEstateNJ #InvestmentProperty #SmallBizNJ #OfficeSpaceNJ

Senior housing presents a compelling investment opportunity despite facing some challenges. Why? - Strong demand fundamentals - Rent growth - Attractive returns Take a look at some of the demographic trends: - By 2033, nearly all baby boomers will be 70 or older - By 2030, all baby boomers will be older than 65. (Twenty percent of the entire population will be of traditional retirement age.) - By 2034, for the first time in the U.S., there will be more older people than children. - By 2060, 23% of the population — 94.7 million people — will be 65 or older. I'll be sharing X-Caliber 's upcoming whitepaper on this topic in a few days. Have a great rest of your Tuesday. #xcaliber #seniorhousing #

Is tinkering with closing costs the answer to the housing affordability crisis? 🤔 While efforts to lower closing costs are well-intentioned, affordability isn't just about a single fee. We need a holistic conversation about restricted housing supply, wage growth, and other structural barriers. Will shifting the burden of lenders' title insurance truly improve affordability or just rearrange how borrowers pay? The real question is, how can we increase housing accessibility at its core? Instead of focusing solely on minor fee adjustments, let's push for innovation in the lending and settlement services sector. Tech-driven streamlining has the potential for greater long-term cost reductions, which truly benefit borrowers. Where do we even start with true affordability solutions? I'd love to hear from builders, policymakers, and consumers for their perspectives. #housingaffordability #realestate #innovation #policychange

Did you know that senior housing is currently one of the most overlooked sectors in commercial real estate? As the U.S. grapples with a growing senior population, the demand for diverse housing solutions—from assisted living to active senior communities—is surging. Yet this rising demand is met with a shortfall in supply due to inadequate planning and construction. Coupled with the challenging macroeconomic conditions and the pressures of refinancing loans, the senior housing sector faces significant hurdles. However, these challenges also create a unique investment landscape ripe with opportunities. Get ready to explore the possibilities with our soon-to-be-released whitepaper next week. #SeniorHousing #InvestmentOpportunities #CRE #XCaliberInsights #ComingSoon

Return of the Housing Investor? The slump in investor activity was a severe drag on WA’s housing and development market since the second half of 2015 till the middle of 2020. All through that period, investor housing activity averaged only 67% of the 18 year average. Since 2020, the correlation between investor and owner-occupier housing activity has been markedly “broken”. The graph below shows WA owner occupier housing finance activity in blue, the owner occupier 18 year average in grey, investor activity in orange and the investor 18 year average in yellow. For the first time since 2015, 2023 investor activity has remained consistently at or above the 18 year average. The influx of interstate investors appears to be having a real impact. However, the seven years of below average investor activity is part of why our housing crisis is so severe. Lets hope it will not take seven years to get through the housing crisis. #housingcrisis #perthrealestate #perthhousinginvestors #housingfinance

FULLY FUNDED | We are very happy to share with you that Newtown Court Farm fundraise for £417,978, has completed and funds have been drawn down by the borrower. The fundraise target was reached in just 5 days. The project involves  the construction of three new detached homes. Full planning permission was granted by Basingstoke & Deane Council in Nov 2022 (ref: 22/02506/FUL). If you would like us to look at funding your project please contact us at hello@crowdwithus.london. We are looking forward to hearing from you. _ Risk Warning: Crowd With Us Limited operates in the unregulated lending market. We make loans to commercial property developers that are considered HIGH RISK. Loans are secured against property assets and other security, but there is no guarantee or certainty that in the event of a default by the Borrower that we can recover our loan- even partially, so lenders could lose all of their money. Please think carefully about your personal circumstances before lending to us. _ #onsite #update #progress #propertydevelopment #developmentprogress #crowdwithus

Rural Development announced a new '#decoupling authority' granted under the Consolidated Appropriations Act of 2024. #tbl is that it allows for continued #Section521 rental assistance (RA) beyond Section 514/515 loan maturity. #RD wants feedback and you can join at the link below. Highlight include: Preservation of Affordable Housing: Previously, when a #USDA loan on a multifamily housing project matured, the project would lose its eligibility for rental assistance. Decoupling allows owners to continue receiving rental assistance if they agree to keep the housing affordable. Rehabilitation and Investment: With continued rental assistance, properties could be more likely to receive timely improvements and maintenance. It also opens the door for additional financing from other sources for more extensive rehabilitation. Limited in Scope (for now): The decoupling authority is currently limited to 1,000 units and applies only to loans maturing in Fiscal Year 2024. This is a pilot program, and its success will determine if it's expanded in the future. https://lnkd.in/d2wRuWUe #thebottomline