Suncoast Housing Connections closed on a $1,250,000 construction loan to build six single family homes in St. Petersburg, FL for families between 80 and 120% of AMI. These homes are part of the organization’s larger plan to expand geographically and grow their real estate development line of business with single-family acquisition, rehabilitation, for sale and rental production.
Final FHFA Rule on Racial Equity, Language Access, and Fair Lending Oversight Will Aid Underserved Communities
A coalition of affordable housing and civil rights organizations applaud an announcement from the Federal Housing Finance Agency (FHFA) finalizing a rule on fair housing, fair lending, and equitable housing finance (EHF). The FHFA’s new rule on EHF plans will provide greater market access to underserved communities.