Affordability | ProBuilder

Government + Policy

House and Senate Bills Aim to Curb Corporate Involvement in Single-Family Housing

Two separate bills were recently introduced in Congress: one would prevent hedge funds from owning single-family homes, the other would impose fees on corporate owners

Aerial view of new single-family homes subdivision in Texas

Design

Attainable Housing Solutions (and More) at IBS 2024

A handful of homes at Pro Builder’s Show Village at IBS 2024 offer a path forward for providing high-quality, lower-cost housing nationwide

The Wedge model by Cavco: an example of attainable housing that will be at Show Village at IBS 2024

Affordability

How Do You Get a 3% Mortgage Rate? Startup Roam Has a Plan

The real estate portal exclusively showcases homes currently for sale with loans eligible to be assumable—often at much lower rates than today's mortgages

Home key handoff as assumable mortgage transfers homeownership at a lower mortgage rate

Affordability

Atlanta Urban Infill Project Innovates With Off-Site Methods

Clayton's CrossMod homes in Atlanta show how combining off-site construction with flexible urban zoning policies could move the needle for affordable housing

City of Atlanta with neighborhood homes in the foreground

Affordability

San Diego to Provide $15.4M in Gap Financing for Low-Income Apartments

The financing will help make five low-income housing projects financially feasible, providing 400 units, 96 of which will be for the formerly unhoused

Aerial view of San Diego's Hillcrest neighborhood

Affordability

Maryland Announces $400M Housing Bond to Support Affordable Homeownership

The Maryland Department of Housing and Community Development's recent mortgage revenue bond is the largest in the agency's history

Maryland Governor Wes Moore talks to the press outdoors

Community Development

Texas Home Builder Donates 5,000 Thanksgiving Meals

Dallas-based Baluch Brothers Development is doing its part to help those in need during the holiday season

Affordability

NRP Group Delivers 52-Unit Affordable Housing Community in Cleveland

The residences cater to individuals and families earning up to 60% of the area median income

Aerial view of neighborhood near Cleveland

Economics

Inflation May Be Falling, but Housing Costs Are Staying High

Cooling inflation lessens the likelihood that the Fed will continue increasing rates. But despite the slowdown, high housing costs persist

Falling dominoes stopped from toppling wooden house

Housing Policy + Finance

Pennsylvania Allocates $98M to Tackle Affordable Housing Shortage

The state of Pennsylvania has allocated the funds from the American Rescue Plan Act to produce more affordable housing units

New apartment building under construction

Home Builders Institute's Schools to Skills Grant Application Open Through December

As Mortgage Rates Rise, Buyers Lose Purchasing Power

Renters Are Choosing Single-Family Homes for These Features