Real Estate News
Real Estate
Wells Fargo and Enterprise announce $20m housing innovation winners
Wells Fargo announced the winners of the 2023 Housing Affordability Breakthrough Challenge, a $20 million competition initiated by the Wells Fargo Foundation and Enterprise Community Partners (Enterprise). Six organizations secured grants ranging from $2 million to $3 million each, along with support from peers and industry experts, to amplify their innovative housing solutions and enhance home accessibility and affordability nationwide.
Real Estate
Nearly eight percent inflation for housing hurts lower-income households most; Economist: 'rising housing affordability a growing problem'
About a year after the Inflation Reduction Act was signed into law, Americans continue to feel the inflation pinch, as overall annual inflation rose to 3.2 percent in July. But the inflation rate for lower-income Americans is up much more, driven by rising housing costs.