Housing
The European Investment Bank (EIB) has backed the development of Kenya's first green affordable housing fund, committing EUR21.5 million in equity financing to the IHS Kenya Green Housing Fund. This investment aims to provide energy-efficient and affordable housing to low- and moderate-income Kenyans. The fund is working
Housing
Residents in North East Derbyshire are opposing the proposed use of greenfield and green belt land for housing developments, citing concerns over infrastructure, environmental impacts, and the character of their villages. The district council has launched a public consultation on its Local Plan, which aims to identify potential development sites,
Housing
Hamilton city councillors have approved a temporary 20 percent cut to development charges (DCs), aiming to alleviate the struggling residential construction sector. Despite industry concerns that the reduction may not lead to lower housing prices, development charges will be reduced to help ease the financial burden on developers. However, there
Housing
As part of its effort to implement General Secretary Xi Jinping's instructions on workplace safety, the Ganzhou District Housing and Urban-Rural Development Bureau has launched a comprehensive inspection campaign focusing on construction sites, gas companies, residential communities, and other areas across the district. The inspections aim to ensure
Housing
The Large Urban Centre Alliance, representing home builders and rental providers from cities accounting for over 50% of Canada's annual housing starts, has submitted a set of recommendations to the federal government to address the current housing crisis. Dr. Mike Moffatt, Founding Director of the Missing Middle Initiative,
Housing
The Oahu real estate market saw a decline in single-family home sales in July, with condo sales remaining flat. According to a report from the Honolulu Board of Realtors, single-family home sales dropped 7.4% to 249 sales from 269 sales in July 2024, while condo sales held steady at
Housing
As part of the Golden Age of Homeownership, the U.S. Department of Housing and Urban Development (HUD) aims to expand homeownership opportunities in the Kansas City metro area. To achieve this goal, HUD Great Plains Regional Administrator Joe Mitchell hosted a two-day roundtable with affordable housing developers and finance
Housing
A heated debate has erupted in Malta as the government's affordable housing initiative faces criticism from the developers' lobby and the Nationalist Party. Despite this, NGOs Solidarjeta and Moviment Graffitti have expressed their support for the government's efforts to address the housing crisis. The NGOs
Housing
Cities across the US that have adopted pro-housing policies are experiencing significant declines in rental prices. A recent study by Five Star Cash Offer analyzed top metropolitan areas in the US and found that cities that have relaxed land use restrictions have seen the most substantial year-over-year decline in rental
Housing
The Nigerian Ministry of Housing and Urban Development has announced plans to explore partnership areas, particularly in housing infrastructure development, with the Kuwait Fund for Arab Economic Development (KFAED). The partnership aims to deliver affordable housing and promote sustainable urban development in Nigeria. Key initiatives to be supported by the
Housing
Renters are facing an increasingly bleak outlook as rising costs, particularly rent and mortgage spending, continue to squeeze their disposable income. According to Barclays Property Insights data, rent and mortgage spending increased by 5.2% year-on-year in July, while spending on utilities rose by 2.7%. This has resulted in
Housing
Chengguan District, a part of Lanzhou, Gansu Province in China, is grappling with the complexities of flood prevention and disaster relief during its critical period between late July and early August. The district's Housing and Urban-Rural Development Bureau convened a meeting to stress the importance of safety in
