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By Rebecca Picciotto

Affordable-housing developers nationwide are stalling work on new projects, delaying thousands of units from coming to market when the U.S. already has a broad deficit of low-income housing.

By Vincent Salandro, Builder Magazine

President Joe Biden in late August announced a plan to forgive student loan debt for Americans. At the time the plan was announced, federal student loans totaled $1.6 trillion across more than 45 million borrowers.

By Monica Hogan, Inside Mortgage Finance

New student loan debt forgiveness is expected to have a marginal impact on first-time homeownership in the short term, according to mortgage industry watchers.

By Brendan Pedersen, American Banker

WASHINGTON — The federal government’s response to the COVID-19 pandemic catapulted a niche sector of specialized community development lenders to a new level of prominence in American finance.

By Peter Lawrence, Novogradac

Addressing the county’s affordable housing crisis has become a top priority for Congress in recent weeks. That was made evident by three recent Senate hearings on the topic, which received bipartisan support.

By Samantha Fields, Marketplace

Construction of new homes fell 2% in June from a month earlier to the lowest level in nine months. The number of new building permits also fell. Confidence among homebuilders is way down.

By Valentina Pasquali, Law360

When federal regulators set out in the spring to buttress a 45-year-old law aimed at ensuring banks serve the full spectrum of residents in the communities where they operate without bias or discrimination, they may have unintentionally laid the groundwork to diminish banks’ vital role as investors in affordable housing.

By: Brad Stanhope, Novogradac

A dozen years after announcing their intention to modernize Community Reinvestment Act (CRA) regulations, three federal agencies–the Office of the Comptroller of the Currency (OCC), Board of Governors of the Federal Reserve (Fed) and Federal Deposit Insurance Corporation (FDIC)–issued a joint notice of proposed rulemaking May 5 to strengthen and modernize the CRA.

By: Melissa Hellman, The Center for Public Integrity

A law meant to correct the harm done by decades of discrimination in bank loans is undergoing a long-awaited overhaul.