Tennessee Voters Opt To Ban State-Level Property Taxes

Voters in Tennessee are projected to approve Amendment 2, which bans any future statewide property tax and enshrines the prohibition in the state constitution. Tennessee has not had a statewide property tax since 1949, though the state Legislature technically retained the constitutional authority to

Florida Voters Approve Landmark Measure To Reform Property Taxes

Florida voters are projected to approve a measure that would reform the state's property tax system, increasing the homestead property tax exemption and reducing the tax bill for some households. Amendment 3, championed by outgoing Gov. Ron DeSantis, aims to increase the homestead property tax exemp

Rhode Island Voters Back $120 Million Bond Measure To Support Affordable Housing

Rhode Island voters are projected to pass a ballot initiative to support increased housing through a massive bond issuance. Rhode Island's Question 2 issues $120 million in general obligation bonds, which could then be used in various costs to increase the supply of affordable housing. The funding w

Finance of America grows origination volume but reports $110M loss in Q3

Funded volume increased 24% year over year to $748 million, but higher interest rates pressured origination margins