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Fresh content on all things housing
Take a deep dive into market reports and original articles through our blog. Find out how Builders Patch is shaking up the industry via our case studies and white papers.
Blog
We bring report summaries, policy reviews, housing market analytics, interviews, and updates on technological innovation for you to read about. Everything on affordable housing and housing finance.
\ \ BLOG\ \ Product updates\ \ Kittle Property Group selects Builders Patch's AI platform to streamline affordable housing development and operations\ \ Product updates\ \ Nov 17, 2025\ \ Kittle Property Group selects Builders Patch's AI platform to streamline affordable housing development and operations\ \ Strategic partnership brings Builders Patch's AI-powered multifamily operating system to one of the nation's leading affordable housing developers, introducing next-generation tools to improve speed, transparency, and collaboration in housing finance.](/content/blog/kittle-property-group-selects-builders-patchs-ai-platform-to-streamline-affordable-housing-development-and-operations/index.html)
.png)\ \ BLOG\ \ Events\ \ Bridging innovation and community: reflections from the 2025 Montana Housing Partnership Conference\ \ Events\ \ May 29, 2025\ \ Bridging innovation and community: reflections from the 2025 Montana Housing Partnership Conference\ \ Last week, the 2025 Montana Housing Partnership Conference in Billings brought together more than 350 housing professionals, developers, policymakers, and advocates from across the state and beyond. It was more than just a meeting of minds—it was a powerful reminder that when collaboration leads, progress follows.](/content/blog/bridging-innovation-and-community-reflections-from-the-2025-montana-housing-partnership-conference/index.html)
\ \ BLOG\ \ Housing policy\ \ New York City C-PACE Financing: PACE Funding Now Available for New Construction \ \ Housing policy\ \ Aug 30, 2024\ \ New York City C-PACE Financing: PACE Funding Now Available for New Construction \ \ New York City's C-PACE financing program, launched under the Climate Mobilization Act, offers long-term, fixed-rate financing for energy efficiency and renewable energy upgrades in commercial and multifamily buildings. By covering up to 100% of project costs with no upfront cash, the program supports compliance with Local Laws 96 and 97, helping property owners meet climate goals while enhancing building value and sustainability. This post dives into the details of this program.](/content/blog/new-york-city-c-pace-financing-pace-funding-now-available-for-new-construction/index.html)
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Case studies
\ \ Case study\ \ Stone Beam\ \ How Stone Beam consolidated its tech stack to support growth at scale \ \ With Builders Patch, Stone Beam has replaced a patchwork of software tools to manage deals and introduced an efficient, central system to organize all their deal data, documents, and internal workflows.](/content/case-studies/stone-beam/index.html)
\ \ Case study\ \ NYCHDC\ \ Modernizing NYCHDC’s affordable housing development pipeline \ \ HDC sought a streamlined workflow for their affordable housing development and financing workflow. With Builders Patch, HDC is excited to expand this digitization across their business units.](/content/case-studies/nychdc/index.html)
White papers
\ \ WHITE PAPER\ \ Digitization & AI in multifamily asset management with automated data onboarding, aggregation & analytics.](/content/white-papers/digitization-ai-in-multifamily-asset-management-with-automated-data-onboarding-aggregation-analytics/index.html)
\ \ WHITE PAPER\ \ Policy, technology and construction: key factors to scale multifamily housing](/content/white-papers/policy-technology-and-construction-key-factors-to-scale-multifamily-housing/index.html)
Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
In the first quarter of 2024, home prices increased in 93% of U.S. metro areas, with significant growth observed in 30% of these markets. The national median price for single-family homes rose to $389,400, marking a 5% year-over-year increase. The South led in sales volume, while the Northeast saw the highest price appreciation. Despite high mortga...
NEWS ARTICLE SUMMARY
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
In the first quarter of 2024, home prices increased in 93% of U.S. metro areas, with significant growth observed in 30% of these markets. The national median price for single-family homes rose to $389,400, marking a 5% year-over-year increase. The South led in sales volume, while the Northeast saw the highest price appreciation. Despite high mortgage rates, market conditions improved slightly for buyers due to a marginal decline in required mortgage payments compared to the previous quarter.
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Newsweek
Apr 15, 2024
California's Housing Market Is Getting Worse for Buyers
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The housing market for buyers in California is becoming increasingly challenging. Prices are soaring while the inventory remains limited. Statistics reveal a stark reality: home prices have surged 9.7% over the past year, with the median home price now at $813,980. Meanwhile, inventory levels have plummeted by 48.3%, exacerbating the affordability ...
NEWS ARTICLE SUMMARY
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Newsweek
April 15, 2024
California's Housing Market Is Getting Worse for Buyers
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
The housing market for buyers in California is becoming increasingly challenging. Prices are soaring while the inventory remains limited. Statistics reveal a stark reality: home prices have surged 9.7% over the past year, with the median home price now at $813,980. Meanwhile, inventory levels have plummeted by 48.3%, exacerbating the affordability crisis. Despite historically low mortgage rates, competition remains fierce, leading to bidding wars and further price escalation. Experts suggest that while the market may stabilize in the long term, immediate relief for buyers appears unlikely.
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The New York Times
Apr 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
After Kathy Hochul's failed New York Housing Compact plan last year, New York State is trying again to tackle its severe housing crisis. According to anonymous sources close to the deal, New York state leaders have reportedly reached a tentative agreement on a legislative plan to tackle the crisis and will be presented to the full Senate and Assemb...
NEWS ARTICLE SUMMARY
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The New York Times
April 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
After Kathy Hochul's failed New York Housing Compact plan last year, New York State is trying again to tackle its severe housing crisis. According to anonymous sources close to the deal, New York state leaders have reportedly reached a tentative agreement on a legislative plan to tackle the crisis and will be presented to the full Senate and Assembly on Monday. The framework of the deal offers incentives for both developers and tenants. Developers would receive significant tax breaks to develop more affordable units, while tenants would benefit from enhanced protections against eviction in certain cases. Additionally, the agreement would allow landlords of rent-stabilized apartments to raise rents for renovation costs and eliminate size restrictions on new Manhattan apartment buildings, fulfilling long-standing desires of city officials.
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The Daily Progress
Apr 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Currently, the average rate for a 30-year mortgage stands at around 6.9%, a significant decrease from late October when it peaked at nearly 8%. Despite expectations of rates declining later in the year, some buyers are opting to act now due to fears of increased competition. The combination of high mortgage rates and soaring home prices has made af...
NEWS ARTICLE SUMMARY
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The Daily Progress
April 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Currently, the average rate for a 30-year mortgage stands at around 6.9%, a significant decrease from late October when it peaked at nearly 8%. Despite expectations of rates declining later in the year, some buyers are opting to act now due to fears of increased competition. The combination of high mortgage rates and soaring home prices has made affordability a major concern, with many households earning less than what's needed to afford a median-priced home. While economists anticipate mortgage rates easing, uncertainty remains.
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Housing Wire
Mar 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
There are ongoing bipartisan efforts at various levels of government to address housing supply and pricing challenges in the United States. The importance of local action in addressing these issues, particularly through measures such as accessory dwelling units (ADUs), changes in zoning rules, and reduction of lot sizes, is increasingly becoming ev...
NEWS ARTICLE SUMMARY
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Housing Wire
March 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
There are ongoing bipartisan efforts at various levels of government to address housing supply and pricing challenges in the United States. The importance of local action in addressing these issues, particularly through measures such as accessory dwelling units (ADUs), changes in zoning rules, and reduction of lot sizes, is increasingly becoming evident. Despite political differences, lawmakers in some states are collaborating on bipartisan housing legislation. However, challenges such as NIMBYism hinder progress at the local level, prompting calls for state-level intervention to overcome resistance to housing reforms.
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The New York Times
Mar 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Los Angeles Mayor Karen Bass took office in 2022 and since then, has been making a big push to address homelessness, particularly in Venice Beach. Mayor Bass initiated the Inside Safe program to provide motel rooms for homeless residents, resulting in cleaner sidewalks and parks in Venice Beach. However, challenges persist, including budgetary cons...
NEWS ARTICLE SUMMARY
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The New York Times
March 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Los Angeles Mayor Karen Bass took office in 2022 and since then, has been making a big push to address homelessness, particularly in Venice Beach. Mayor Bass initiated the Inside Safe program to provide motel rooms for homeless residents, resulting in cleaner sidewalks and parks in Venice Beach. However, challenges persist, including budgetary constraints and the need for permanent housing solutions. Critics accuse Bass of prioritizing aesthetics over long-term solutions, while supporters applaud her urgency in tackling the crisis. Despite progress, concerns remain about the sustainability and effectiveness of current efforts, highlighting the complex nature of addressing homelessness in Los Angeles.
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Newsweek
Apr 15, 2024
California's Housing Market Is Getting Worse for Buyers
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Newsweek
April 15, 2024
California's Housing Market Is Getting Worse for Buyers
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Apr 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
April 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The Daily Progress
Apr 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The Daily Progress
April 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Housing Wire
Mar 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
March 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Mar 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
March 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Newsweek
Apr 15, 2024
California's Housing Market Is Getting Worse for Buyers
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Newsweek
April 15, 2024
California's Housing Market Is Getting Worse for Buyers
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Apr 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
April 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The Daily Progress
Apr 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The Daily Progress
April 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Housing Wire
Mar 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
March 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Mar 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
March 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
May 8, 2024
Home prices grew in 93% of markets in Q1 2024: NAR
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Newsweek
Apr 15, 2024
California's Housing Market Is Getting Worse for Buyers
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Newsweek
April 15, 2024
California's Housing Market Is Getting Worse for Buyers
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Apr 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
April 15, 2024
New York Nears a Housing Deal to Confront Affordability Crisis
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The Daily Progress
Apr 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The Daily Progress
April 14, 2024
Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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Housing Wire
Mar 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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Housing Wire
March 28, 2024
Bipartisan housing policy efforts are gaining traction, but challenges remain
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
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The New York Times
Mar 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
NEWS ARTICLE SUMMARY
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The New York Times
March 25, 2024
The Mayor of Los Angeles Wants to Prove Homelessness Can Be Solved
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affordable housing
POLICY
HOUSING MARKET
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Housing news
Fast Company
Sep 19, 2024
How Fed Rate Cuts Impact the Housing Market
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The Federal Reserve’s recent rate cuts will influence the housing market, but the effects won't be immediate. Although lower rates make borrowing more affordable, the ongoing housing shortage and existing conditions in the market remain tough obstacles. Key Takeaways: - Lower Mortgage Rates: Fed rate cuts have already reduced the average 30-year mo...
NEWS ARTICLE SUMMARY
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Fast Company
September 19, 2024
How Fed Rate Cuts Impact the Housing Market
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
The Federal Reserve’s recent rate cuts will influence the housing market, but the effects won't be immediate. Although lower rates make borrowing more affordable, the ongoing housing shortage and existing conditions in the market remain tough obstacles.
Key Takeaways:
- Lower Mortgage Rates: Fed rate cuts have already reduced the average 30-year mortgage rate, which dropped from a peak of 7.79% in late 2023 to around 6.2%. This could ease the burden for homebuyers and those refinancing.
- Home Sales: As rates decline, more homeowners might be encouraged to sell, which could help alleviate some of the housing market’s stagnation. However, a full recovery of the resale market is expected to be gradual.
- Ongoing Supply Issues: Despite lower rates, housing supply shortages will persist, especially in high-demand areas. Supply constraints, driven by zoning restrictions and labor/material shortages, remain a barrier to affordability.
While the Fed’s actions are a positive step toward stabilizing the housing market, broader structural challenges—particularly the lack of new housing supply—will continue to affect the market
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NPR
Jul 31, 2024
Do you rent? You may be more vulnerable to climate-driven disasters
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Climate disasters are wreaking havoc across the United States and are disproportionately impacting renters, who often lack the financial resources and insurance protection of homeowners. Hurricane Ian survivors are facing a financial crisis long after the storm has passed. The once-affordable paradise of Matlacha, Florida, was shattered by the Ca...
NEWS ARTICLE SUMMARY
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NPR
July 31, 2024
Do you rent? You may be more vulnerable to climate-driven disasters
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Climate disasters are wreaking havoc across the United States and are disproportionately impacting renters, who often lack the financial resources and insurance protection of homeowners.
Hurricane Ian survivors are facing a financial crisis long after the storm has passed. The once-affordable paradise of Matlacha, Florida, was shattered by the Category 5 hurricane, leaving residents grappling with staggering financial losses. As a renter, Venus James found herself particularly vulnerable, with no insurance coverage and soaring costs for everything from housing to basic necessities.
Rising rents, job losses, and the depletion of savings have pushed many survivors into a cycle of financial hardship. Experts call for increased government support, including eviction moratoriums and direct financial assistance, to help renters recover from disasters and prevent further economic devastation.
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Affordable Housing Finance
Jul 25, 2024
Greystone expands affordable housing initiatives with initial LIHTC fund
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Greystone, a prominent commercial real estate finance firm, is expanding its affordable housing portfolio with the launch of its first national multi-investor Low-Income Housing Tax Credit (LIHTC) fund. Led by industry veterans Greg Voyentzie, Sarah Laubinger, and Todd Jones, the fund aims to raise $100 million and is expected to close by early nex...
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Affordable Housing Finance
July 25, 2024
Greystone expands affordable housing initiatives with initial LIHTC fund
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Greystone, a prominent commercial real estate finance firm, is expanding its affordable housing portfolio with the launch of its first national multi-investor Low-Income Housing Tax Credit (LIHTC) fund. Led by industry veterans Greg Voyentzie, Sarah Laubinger, and Todd Jones, the fund aims to raise $100 million and is expected to close by early next year.
The new venture leverages Greystone's existing strength in affordable housing lending to offer a comprehensive suite of financing solutions for developers. The company plans to develop proprietary tools to streamline deal evaluation and management, enhancing investor returns and driving positive community impact.
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The Washington Post
Jul 15, 2024
Homelessness, already at a record high last year, appears to be worsening among workers
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Homelessness is rising in the US, with a growing number of employed people now unable to afford housing due to high rents. Plumbers, delivery workers, pizzeria employees, casino supervisors and other working class Americans are becoming the new face of homelessness. Rising costs and a lack of affordable housing options are forcing people to sleep...
NEWS ARTICLE SUMMARY
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The Washington Post
July 15, 2024
Homelessness, already at a record high last year, appears to be worsening among workers
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Homelessness is rising in the US, with a growing number of employed people now unable to afford housing due to high rents. Plumbers, delivery workers, pizzeria employees, casino supervisors and other working class Americans are becoming the new face of homelessness.
Rising costs and a lack of affordable housing options are forcing people to sleep in cars, motels or even public spaces. The situation is particularly difficult for those who don't qualify for government assistance due to their income but cannot afford rent on their own. Experts say increasing rental assistance and building more affordable housing are some ways to address this issue.
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New York Post
Jun 26, 2024
Housing market won’t come ‘unstuck’ until 2026, economists predict — here’s why
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
Bank of America economists predict the US housing market won't recover until at least 2026, with home affordability improving only with a recession. They attribute the prolonged downturn to a surge in demand during the pandemic, followed by high inflation and mortgage rates. Home prices are expected to rise by 4.5% in 2024 and 5% in 2025, then stab...
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New York Post
June 26, 2024
Housing market won’t come ‘unstuck’ until 2026, economists predict — here’s why
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
Bank of America economists predict the US housing market won't recover until at least 2026, with home affordability improving only with a recession. They attribute the prolonged downturn to a surge in demand during the pandemic, followed by high inflation and mortgage rates. Home prices are expected to rise by 4.5% in 2024 and 5% in 2025, then stabilize in 2026. The "lock-in effect" of current homeowners unwilling to sell due to high mortgage rates will persist. However, improving credit conditions and less restrictive monetary policies may attract some buyers back to the market.
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U.S. Department of Treasury - Press Release
Jun 24, 2024
Treasury Secretary Janet L. Yellen to Announce New Housing Efforts as Part of Biden Administration Push to Lower Housing Costs
AFFORDABLE HOUSING
TECHNOLOGY
POLICY
HOUSING MARKET
The Treasury Department is allocating $100 million over three years to boost affordable housing development as part of the Biden administration's plan to combat rising living costs. Other efforts, announced this week by Treasury Secretary, Janet Yellen, include offering greater interest rate predictability to housing finance agencies, urging Federa...
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U.S. Department of Treasury - Press Release
June 24, 2024
Treasury Secretary Janet L. Yellen to Announce New Housing Efforts as Part of Biden Administration Push to Lower Housing Costs
TECHNOLOGY
affordable housing
POLICY
HOUSING MARKET
The Treasury Department is allocating $100 million over three years to boost affordable housing development as part of the Biden administration's plan to combat rising living costs. Other efforts, announced this week by Treasury Secretary, Janet Yellen, include offering greater interest rate predictability to housing finance agencies, urging Federal Home Loan Banks to increase their housing program spending, and providing updated guidance for state and local governments on using recovery funds for housing. Yellen also called for expanding the Low-Income Housing Tax Credit and reducing legal barriers to housing development.
📢 Treasury Secretary, Janet Yellen - “ Eliminating needless legal barriers to housing development doesn’t just affect individuals and communities. Economists estimate that restrictive residential land use regulations."
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HousingCount
Decoding the housing crisis
A public data project to track and analyze the rental housing shortage across the country, highlighting where additional units are needed most.
Shortage statistics for households earning Under 50% AMI
25
states with severe shortage
82%
of households rent-burdened
5.1 M
total shortage of affordable units
Built by CRE professionals.
We understand your language. Also your Excel sheets.
Industry expertise
With 20+ years in housing finance, founder Kanan Ajmera decided to build a software to solve the problem of disconnected data and processes, then brought together team of housing professionals to make it happen.
Customer success
Our dedicated customer success (CS) helps you onboard your team and deals, and keeps in touch with you afterwards to meet all your team's need.
Extra-fast onboarding
All your deal data is onboarded in just a couple of weeks, along with your models, templates, and everything else you need in your online work environment.
Tailor-made features
Our product features are already tailor-made for the industry, and we add customized solutions so they are also tailor-made for your team.
Strict standards. Bank-grade security.
Your data stays safe with us at all times.
SOC 2 certified
Builders Patch conducts annual audits to prove adherence to SOC 2 Type I and Type II certification protocols.
Bank-grade security
Encryption at rest and in transit. Your valuable data is constantly protected in multiple ways.
Secure SSO login
Seamless login experience without compromising on security, with SSO support for Google and Microsoft Azure.
24/7 monitoring
Our IT security team monitors known incidents and patches and addresses changes to the policies and procedures.
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