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Multifamily Housing | Mar 18, 2024

YWCA building in Boston’s Back Bay converted into 210 affordable rental apartments

Renovation of YWCA at 140 Clarendon Street will serve 111 previously unhoused families and individuals.

MFPRO+ News | Mar 16, 2024

Multifamily rents stable heading into spring 2024

National asking multifamily rents posted their first increase in over seven months in February. The average U.S. asking rent rose $1 to $1,713 in February 2024, up 0.6% year-over-year.

Adaptive Reuse | Mar 15, 2024

San Francisco voters approve tax break for office-to-residential conversions

San Francisco voters recently approved a ballot measure to offer tax breaks to developers who convert commercial buildings to residential use. The tax break applies to conversions of up to 5 million sf of commercial space through 2030. 

Affordable Housing | Mar 12, 2024

An all-electric affordable housing project in Southern California offers 48 apartments plus community spaces

In Santa Monica, Calif., Brunson Terrace is an all-electric, 100% affordable housing project that’s over eight times more energy efficient than similar buildings, according to architect Brooks + Scarpa. Located across the street from Santa Monica College, the net zero building has been certified LEED Platinum.

MFPRO+ News | Mar 12, 2024

Multifamily housing starts and permitting activity drop 10% year-over-year

The past year saw over 1.4 million new homes added to the national housing inventory. Despite the 4% growth in units, both the number of new homes under construction and the number of permits dropped year-over-year.

Affordable Housing | Mar 11, 2024

Los Angeles’s streamlined approval policies leading to boom in affordable housing plans

Since December 2022, Los Angeles’s planning department has received plans for more than 13,770 affordable units. The number of units put in the approval pipeline in roughly one year is just below the total number of affordable units approved in Los Angeles in 2020, 2021, and 2022 combined.

MFPRO+ News | Mar 1, 2024

Housing affordability, speed of construction are top of mind for multifamily architecture and construction firms

The 2023 Multifamily Giants get creative to solve the affordability crisis, while helping their developer clients build faster and more economically. 

Multifamily Housing | Feb 29, 2024

Manny Gonzalez, FAIA, inducted into Best in American Living Awards Hall of Fame

Manny Gonzalez, FAIA, has been inducted into the BALA Hall of Fame.

MFPRO+ Research | Feb 28, 2024

New download: BD+C's 2023 Multifamily Amenities report

New research from Building Design+Construction and Multifamily Pro+ highlights the 127 top amenities that developers, property owners, architects, contractors, and builders are providing in today’s apartment, condominium, student housing, and senior living communities.

Affordable Housing | Feb 26, 2024

Biden-Harris Administration announces historic homelessness assistance funding

The Biden-Harris Administration allocation of $3.16 billion in homelessness assistance funding will be administered by the U.S. Department of Housing and Urban Development through the Continuum of Care Program.

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