Hestia Housing Company

Affordable housing development is critical, but with affordable housing comes challenges. We want to hear from you: What’s the biggest hurdle your community or organization faces? Vote in our poll and share your insights in the comments. Have you overcome one of these challenges? Tell us how! #AffordableHousing #Consulting #HestiaHousing #DevelopmentStrategies #HousingSolutions

Big news for affordable housing developers! The Department of Housing and Urban Development (HUD) has just introduced relaxed loan-sizing standards for FHA-insured loans. This change is a game-changer for affordable housing projects: 1. Greater flexibility in loan sizing allowing developers to secure the funding they need. 2. Expanded opportunities to address housing affordability challenges nationwide. 3. Potential for increased project feasibility, especially in high-cost areas. In a time when the demand for affordable housing has never been higher, this policy shift is a step toward building stronger, more inclusive communities. What does this mean for your projects or your community? Let’s discuss it! https://lnkd.in/geUUQBXC #AffordableHousing #FHA #HUD #RealEstateDevelopment #HousingAffordability #PolicyUpdates #HestiaHousingCompany

It's no surprise that housing vouchers come with red tape and government bureaucracy. That's why Mayor Karen Bass is urging LA landlords to accept veteran housing vouchers. In a new effort to further reduce the unhoused veteran population, she has announced major changes and more support to streamline the process for housing vouchers. Read more about the efforts here: https://lnkd.in/gR7dRKym. #AffordableHousing #Veterans #HousingVouchers #HestiaHousing

A recent article from USC highlights a harsh reality: long before the L.A. fires, millions of Americans were already grappling with displacement due to the housing crisis. The housing crisis isn't just a problem for renters—it’s a ripple effect impacting entire communities, economies, and futures. Rising rents, insufficient affordable housing, and outdated policies have left millions vulnerable to displacement. One could say that the American Dream is on fire due to housing instability, which is shaping reality for so many. Housing is more than shelter; it’s the foundation for opportunity, stability, and belonging. This crisis demands bold solutions—policies that prioritize equitable housing, investments in affordable units, and creative approaches like adaptive reuse or land trusts. What innovative strategies have you seen that could help combat housing instability? https://lnkd.in/gm6FDgZm #AffordableHousing #HousingCrisis #SocialImpact #CommunityDevelopment

The Los Angeles real estate market is showing significant growth, with median home prices in LA County reaching $937,030, a 4.3% increase from last year. In the Metro Area, prices have climbed by 4.7%. We know that housing is more than a market trend; it’s the foundation for thriving communities. With expertise in affordable housing integration and navigating complex regulations, Hestia is dedicated to helping clients build sustainable, mixed-income communities. Let’s shape a future where everyone has a place to call home. Reach out to explore how we can support your housing projects: https://lnkd.in/g3zTY3rS. #AffordableHousing #RealEstateDevelopment #HousingSolutions #CommunityImpact

Affordable housing has the power to transform neighborhoods, yet misconceptions often overshadow its true potential. Take the claim that it lowers property values; research consistently debunks this. Well-designed affordable housing developments can revitalize communities, address blight, and attract further investment. When we break through these myths, we uncover the real impact: stronger and more vibrant neighborhoods where everyone has the opportunity to thrive. It’s time to shift the narrative and focus on the benefits affordable housing brings to the table. #HestiaHousing #AffordableHousing #CommunityImpact #HousingForAll

Massachusetts has stepped up for its veterans with the historic HERO Act, delivering critical benefits in 2025. The disabled veteran annuity will increase to $1,250 in February 2025, with an annual payment of $2,500 beginning in August 2025. Veterans who qualify for the disabled veterans license plate, including Purple Heart specialty plates, will receive a sales tax exemption. These changes mark significant progress in recognizing the sacrifices of those who have served. Learn more about the HERO Act: https://lnkd.in/e9YUknzz. #HestiaHousing #VeteranSupport #HEROAct #CommunityDevelopment #AffordableHousing

Tackling the Affordable Housing Crisis: Federal Grant Programs That Can Make a Difference The affordable housing crisis continues to affect millions of Americans, with over 37 million households spending more than 30% of their income on housing. To address this issue, various federal grant programs are available to help organizations develop and sustain affordable housing efforts. These grants support key initiatives, from increasing the supply of affordable units to providing rental assistance and offering home repair programs. Here’s an overview of some crucial programs: * Community Development Block Grant: https://lnkd.in/gHN-4hwx * HOME Investment Partnerships Program: https://lnkd.in/ehKrw4zz * National Housing Trust Fund: https://lnkd.in/gQh6T_Zb * Section 533 Housing Preservation Grants: https://lnkd.in/gf7gw3Me * Capital Magnet Fund: https://lnkd.in/gp8dQ45W * Section 202 & 811 Supportive Housing Programs: https://lnkd.in/gtiNWdAk. * Veterans Housing Rehabilitation and Modification Pilot Program: https://lnkd.in/gkCxUG5C * Low-Income Housing Tax Credit: https://lnkd.in/g_YfbwSE These resources are essential for those working to combat housing affordability challenges at local, state, and national levels. Do you have questions about the resources above? Contact us today at https://lnkd.in/g3zTY3rS. #AffordableHousing #HousingCrisis #HousingGrants #CommunityDevelopment #HestiaHousing

The U.S. has seen a troubling increase in homelessness, with 771,480 people experiencing homelessness across the country—representing about 0.22% of the total U.S. population. This sharp rise in homelessness is tied to several key factors: - Increased housing costs have made it difficult for low-income individuals to find affordable housing. - Income inequality has widened, making it harder for vulnerable populations to secure stable housing. - Mental health and substance abuse challenges contribute significantly to the rise in homelessness. As we look to address the crisis, understanding these numbers and their root causes is crucial. Solutions such as more affordable housing, targeted support services, and comprehensive mental health resources are vital in tackling homelessness effectively. #HomelessnessCrisis #AffordableHousing #HousingSolutions #HestiaHousing

We believe housing is more than just a place to live—it’s the foundation for opportunity, security, and growth. This #CTEMonth, Hestia Housing continues its commitment to developing high-quality homes that support tomorrow’s workforce. We’re fostering environments where families can thrive and communities flourish. Learn more about our vision and impact: https://lnkd.in/g8HC6V4j #HestiaHousing #AffordableHousing #BuildingCommunities #SustainableLiving #InnovativeSolutions #HousingForAll