IN TODAYS EDITION

• U.S. House Approves Significant Boost for Housing …

• Lumber Prices Rising Faster Than Other Material Co …

• The Trump administration aims to expand affordable …

• Tax Changes May Impact Multifamily Housing Growth

• National Multifamily Report – February 2025

• National Housing Support at Risk: HUD Job Cuts Jeo …

• Upcoming Events

U.S. House Approves Significant Boost for Housing Choice Voucher Program

The U.S. House of Representatives has passed a government funding plan this week that maintains stability across most federal housing programs while delivering a substantial increase for the Housing Choice Voucher (HCV) program. This development signals a continued federal commitment to addressing housing affordability, with implications that ripple through the affordable housing sector.

^{Lumber Prices Rising Faster Than Other Material Costs} 

Despite a period of stable pricing, softwood lumber has seen a significant surge, with prices climbing nearly 12% over the past year. This February marked the fourth consecutive month where annual price increases exceeded 10%. Read more

^{The Trump administration aims to expand affordable housing options by developing on federal lands}

HUD and DOI have launched a joint task force to identify underutilized federal lands for residential development, aiming to increase affordable housing availability by streamlining land transfer processes. Read more

^{Tax Changes May Impact Multifamily Housing Growth}

A proposed tax change that would limit or eliminate businesses' ability to deduct state and local taxes is raising concerns from the NAHB, which warns it could significantly increase operating costs for multifamily housing. Read more

^{National Multifamily Report – February 2025}

Despite economic uncertainty, the U.S. multifamily market showed steady performance in February, with average asking rents increasing slightly and occupancy remaining consistent. Read more

^{National Housing Support at Risk: HUD Job Cuts Jeopardize Affordability Mission}

With rising homelessness and housing costs, HUD programs supporting over 5 million households are crucial, but underfunding and layoffs threaten their ability to address the affordability crisis. Read more

Upcoming Events

IMN Florida Middle Market Multifamily Forum
Date: March 19-22, 2025
Location: Arlington, Texas
Details: Specifically tailored to middle-market multifamily (B/C-class properties), this forum connects investors, owners, and property managers. It includes a property management summit and networking events.

United Real Estate Convention
Date: March 24-26, 2025
Location: Washington, D.C.
Details: Hosted by the National Association of Hispanic Real Estate Professionals, this event covers multifamily investment as part of wealth-building strategies.

NAHREP Homeownership & Wealth Building Conference
Date: March 24-26, 2025
Location: Washington, D.C.
Details: Hosted by the National Association of Hispanic Real Estate Professionals, this event covers multifamily investment as part of wealth-building strategies. Networking with diverse professionals in housing is a key component.

April 2025 (Next Month)

IMN Texas Middle Market Multifamily Forum
Date: April 7-8, 2025
Location: Dallas, Texas
Details: Another IMN event, this one focuses on Texas’s middle-market multifamily sector. It brings together investors, owners, and service providers for education and networking, with a regional market twist.

2025 Midwest Real Estate Investor Conference
Date: April 24-25, 2025
Location: Grand Rapids, Michigan
Details: This conference caters to real estate investors, with a significant emphasis on multifamily properties. It’s designed for networking, deal-making, and learning from Midwest market experts.

Unite Real Estate Conference 2025
Date: April 27-29, 2025
Location: Charleston, South Carolina
Details: A broader real estate event, it includes multifamily professionals among its attendees. Networking opportunities abound through sessions and social events, with insights into various property types.