President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.
Enterprise Homes and the Housing Authority of Baltimore City (HABC) have closed on financing to renovate 75 apartment homes comprising the rental component of the Heritage Crossing community in West Baltimore. All its rental homes will be renovated while remaining affordable.
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Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement regarding the U.S. Department of Housing and Urban Development's (HUD) Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund
The National Fair Housing Alliance shares our deepest condolences with the people and families affected by the recent shootings in Louisville, Kentucky and Pittsburgh, Pennsylvania. Also at a time of national tragedy, the Fair Housing Act was passed seven days after the death of Martin Luther King Jr. The Act was not just a law.
President Trump signed the America’s Water Infrastructure Act of 2018 into law. This water infrastructure legislation will benefit the nation’s dams, ports, and waterways. It includes several provisions championed by House Republican Conference Chair Cathy McMorris Rodgers, including her sixth bipartisan bill to be signed into law this Congress.
Financial Services Committee Jeb Hensarling (R-TX) released the following statement after the Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) issued a report on the potential management and performance challenges of 2019
The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation (PAHRC), both leaders in affordable housing research, released a new report today, Balancing Priorities: Preservation and Neighborhood Opportunity in the Low-Income Housing Tax Credit Program Beyond Year 30.
Freddie Mac announced today it has closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment, Inc. and its first equity investment within that fund. The closing marks Freddie’s re-entry to the LIHTC (or Housing Credit) market, which finances the overwhelming majority of the country’s affordable rental housing.
Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’s Diversity Committee, testifiedtoday before the U.S. House of Representatives Subcommittee on Economic Growth
The National Low Income Housing Coalition (NLIHC) welcomes an elevated discussion and proposed solutions to the nation’s affordable rental housing crisis. While NLIHC is pleased to have Senator Ron Wyden (D-OR) prioritizing solutions to the affordable housing crisis
Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.
The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
The nation’s largest professional association of real estate appraisers today announced its opposition to proposed federal legislation that would reduce the requirements for appraisals in major Small Business Administration loan programs.
In a decades-long practice that has systemically preserved racial segregation across Chicago communities, aldermen calculatingly use their aldermanic prerogative to block affordable housing developments, according to a new report released today by the Chicago Area Fair Housing Alliance and the Sargent Shriver National Center on Poverty Law
Accelerating sea level rise in the lower 48 states, primarily driven by climate change, is projected to worsen tidal flooding, putting as many as 311,000 coastal homes with a collective market value of about $117.5 billion today at risk of chronic flooding within the next 30 years—the lifespan of a typical mortgage
The New York State Office of Mental Health (OMH) today announced the availability of up to $75,000 in grant funding for projects that help reduce the stigma often associated with mental illness.
Everyone should have access to safe, affordable housing. It’s crucial for children to grow up healthy, for parents to pursue work and education, and for families and individuals to achieve economic security. Though greatly underfunded, federal housing assistance programs help millions of low-income people throughout the country keep roofs over their head each month.
The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate
The Building Owners and Managers Association (BOMA) International testified before Congress today on the importance of making permanent and modernizing the Energy Efficient Commercial Building Tax Deduction, commonly referred to as 179D after its U.S. Internal Revenue Code section number.