On Sept. 10, the MBA reported that mortgage applications increased 9.2%for the week ended Sept. 5 from one week earlier.
While the program is well-intentioned, the economics remain challenging.
New York municipalities have been awarded at least $365.8 million for a variety of projects to reduce greenhouse gas emissions and other pollution and build resilience to climate change.
While the Black homeownership rate (44.7%; +0.6 percentage points) achieved the highest annual gain among all races in 2023, it remains substantially lower than White (72.4%; +0.1 percentage points).
In 2018, Lowey became the first chairwoman of the House Committee on Appropriations.
Since 2019, the developments are projected to create over 7,500 new residential units and more than 8,800 construction jobs.
Apicella noted that the Trump administration seems intent on eliminating or severely cutting back on federal green energy funding, which he said is critical to many new development projects.
Unlike many commercial brokers, Minichino did not start out listing and selling residential properties.
The $10-million award will focus on downtown revitalization initiatives in Downtown Poughkeepsie.
The envisioned building is a more than 200,000-gross-square-foot facility that will bring together a range of STEM disciplines.
For the first time since 2016, new construction activity outpaced household formations. Yet, the nation still faces a supply shortfall of 3.8 million homes.
The project included a rehabilitation of the interior of the original YMCA facility, transforming it into modern apartments.
The study provides a detailed analysis about the need for public transportation throughout the Hudson Valley.
Initially envisioned as a mixed-use project incorporating both rental and for-sale units, the redevelopment strategy was later refined to convert the entire property into for-sale condominiums.
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