If the Senate proposal becomes law, doubled or tripled values — and tax bills — would be standard, and there would be no basis for appeal. Properties like Maple Park Place would be in instant and severe financial trouble.

The Joint Center for Housing Studies (JCHS) at Harvard University released its 2021 State of the Nation’s Housing report, providing commentary and context on the condition of housing markets after an unprecedented year of changes and challenges.

The Colorado legislature adjourned on June 8 after a busy 116-day session dominated by the threat of Covid-19, responding to the pandemic’s devastating impact and major policy issues – including housing.

FrontLine Service will operate as the lead onsite service provider, while Enterprise Community Partners and A Place 4 Me will serve as convening partners for the collaborative initiative.

Eight local organizations will share the CDO Fund’s first $750,000 in philanthropic funding, using it to enhance their work and support their communities throughout the recovery from Covid-19. The CDO Fund is part of Enterprise’s Equitable Path Forward initiative to dismantle the deeply-rooted legacy of systemic racism in housing and community development.

Enterprise announced that it has been awarded a $500,000 grant from the Federal Home Loan Bank of New York (FHLBNY) to advance racial equity in affordable housing and real estate development in New York State. With the funding, Enterprise will provide consulting and advisory services to up to eight affordable housing developers led by BIPOC housing providers.

Of the $99.4 million budgeted for five years, about $40 million is expected to be distributed in loans and $40 million is to be spent as grants, said Mark McDermott of Enterprise Community Partners. The balance would cover the program’s administrative costs and some initial landlord costs, such as for lead testing.

$15.2 million Low-Income Housing Tax Credit (Housing Credit) deal to transform a wing of the historic former Catholic school Villa Maria Academy into Angela’s House, a six-floor building with 67 affordable senior (55+) apartments, including 21 units of supportive housing set aside for homeless seniors.