Timber Production Expansion Guaranteed Loan Program funding will support sawmill reopening, acquisitions, and processing upgrades in California, Idaho, Kansas, Louisiana, Maine, Oklahoma, Virginia, and Wisconsin.
Credits
Wood-based panels producer to install solar PV systems across Poland, Czech Republic and Slovakia sites.
BDC financing features interest-only payments until 2028 as Mackenzie sawmill resumes two-shift operations.
The 15-year fixed rate averages 5.43% as both terms remain below year-ago levels.
At a median home price of $413,595 and a 30-year mortgage rate of 6%, 88.2 million households are priced out, and a $1,000 increase prices out 156,405 more.
Amendment allows up to $120 million in enterprise zone credits and extends zone duration to 20 years for one aviation biofuel manufacturer.
Homebuilder reports 5% revenue decline and narrower margins as affordability improves but confidence lags.
Funding aims to bolster liquidity amid ongoing North American lumber market volatility.
The order directs Federal agencies to block Wall Street purchases of single-family homes, defines investor categories within 30 days, and requires $200 billion in mortgage-backed security purchases to lower rates.
Eight in 10 Americans say affordable housing is difficult to find, poll shows.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
New five-year revolving facility refinances two previous agreements totaling Euro 1.75 billion.
First transaction of this type provides nearly six-year average maturity, with gearing at 38% below target.
Average 15-year fixed-rate mortgage declines to 5.44%, both rates lower than a year ago.
Funding includes $700 million for housing-linked lumber demand, $500 million in new loans for large softwood producers, and over $100 million in worker training, expanding on prior $1.2 billion forest sector support.
Bill authorizes $220 million in federal guarantees for sawmills near forest restoration areas.
Financing package includes a $250 million term loan to cover a $350 million green bond maturity in 2026.
15-year fixed rate reaches 5.55%, climbing for second consecutive week.