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Not-yet-developed Dubai penthouse sells for $136M

Inman

The penthouse is expected to be complete in late 2027. The sale of the Como Residences penthouse, located on the exclusive Palm Jumeirah archipelago, is the priciest ever to close in Dubai.

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First Financial Bank to invest $700M by 2028 in affordable mortgages

Housing Wire

The deal that runs through 2028 includes more than $1 billion for community development lending and services, investments in affordable housing , revitalization and stabilization, and projects that create jobs in LMI areas.

Investing 406
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TD Bank launches three-year plan to invest $10B in affordable homeownership

Housing Wire

New Jersey-based TD Bank has decided to invest $10 billion in affordable homeownership initiatives by 2027, including providing loans and liquidity to the residential lending market. billion in community development loans and other investments, including affordable housing projects. TD Bank’s plan also includes $7.5

Investing 416
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Watchdog says HUD has struggled to prevent ‘improper payments’ for 11 years

Housing Wire

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years.

Law 407
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After a pandemic pause, the built-for-rent revolution is underway

Inman

The number of new homes earmarked for the rental market is expected to double by 2027 as built-for-rent housing rebounds with a record Q1 and developers clamor to partner with investors.

Investors 148
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Navigating Carbon-Free Living: Insights for King County Residents

Will Springer Realtor

Local governments across Washington are currently revising their Comprehensive Plans , which serve as blueprints for zoning and development. Between 1996 and 2021, Washington moved from 38 th in the nation to 47 th for per-capital-vehicle miles traveled (7500 a year), the steepest decline in that period of any state. Washington has about 2.9M

Law 59
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The crypto-mortgage is the new kid on the block

Housing Wire

Karl Jacob, CEO and co-founder of LoanSnap , said the cyrpto-mortgage system his company has developed can originate more than just loans that LoanSnap mints. trillion and is projected to exceed $32 trillion in value by 2027. Facebook is now approaching 3 billion users worldwide.

Mortgage 446