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NJCDC to Give Paterson Kids 7,000+ Toys for the Holidays on 12/24
WHAT: After several intense weeks of soliciting, collecting, and organizing toy donations for Paterson children and families in need, NJCDC’s AmeriCorps members will host the organization’s
Biden-Harris Administration Proposes First-of-its Kind National Forest Plan Amendment to Conserve and Steward Old...
Action is next step in the Forest Service’s work under President Biden’s Executive Order on Strengthening the Nation’s Forests
Single-Family Starts Surge on Falling Interest Rates
Single-family construction surged in November as lower mortgage rates helped to assuage affordability concerns and unleash pent-up demand for housing. Overall housing starts increased 14.8% in
Urban Land Institute Announces Winners of the 2023 Jack Kemp Award and Terwilliger Center...
The Urban Land Institute’s (ULI) Terwilliger Center for Housing has announced two winners for the 2023 Jack Kemp Excellence in Affordable and Workforce Housing Award and four winners for the
Kansas Homeowner Assistance Fund closes, leading nation in disbursements and prevention of foreclosures
The Kansas Homeowner Assistance Fund (KHAF), a federally funded, temporary emergency program to support homeowners experiencing hardship during the COVID pandemic, has stopped accepting applications and is now closed.
Mortgage Credit Availability Decreased in November
Mortgage credit availability decreased in November according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE
NAR Welcomes Freddie Mac’s Expansion of Condo Project Advisor Tool
National Association of Realtors® President Tracy Kasper issued the following statement after Freddie Mac announced(link is external) an important expansion of its Condo Project Advisor tool
Chicago Area Community Lending Fact Book breaks down 2022 neighborhood-level mortgage trends
In 2022, Black and Latine households continued to receive
Amidst Housing Slowdown, Exurban Areas Post Largest Construction Gains
For the third consecutive quarter, single-family growth rates were negative for all geographic sectors of the nation, as exurban areas posted the largest increase in market share for both single-family
POAH begins construction on Bourne affordable housing family development
Preservation of Affordable Housing (POAH) has begun construction on 42 units of affordable housing on a parcel owned by the Bourne Housing Authority near Sagamore Beach. The 3-story Cape View Way development is a partnership between POAH and Housing Assistance Corporation.
HUD and DOE Announce New Partnership to Decarbonize U.S. Building Sector at COP28
At the 28th U.N. Climate Conference (COP28), the U.S. Department of Housing and Urban Development (HUD) announced new initiatives to address the challenges posed by the
New Appraisal Institute Explores Appraisal of Senior Housing, Nursing Home and Hospital Properties
The healthcare industry is one of the most competitive sectors of the U.S. Economy, and the real estate associated with it is one of
VA Foreclosure Pause Will Prevent Thousands of Veteran Foreclosures
Late Friday, the U.S. Department of Veterans Affairs called on mortgage servicers to pause foreclosures until May 31, 2024. This pause will give VA borrowers a much-needed opportunity to access the upcoming VA Servicing Purchase (VASP) program.
Commercial Mortgage Delinquency Rates Increased in Third-Quarter 2023
Commercial mortgage delinquencies increased in the third quarter of 2023, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report. “Not unexpectedly
Pending Home Sales Fell 1.5% in October
Pending home sales dropped 1.5% in October, according to the National Association of REALTORS®. The Northeast posted a monthly gain in transactions while the Midwest, South and West all recorded losses. All four U.S. regions noted year-over-year
Crowdfunding Initiative Provides Housing Essentials to Veterans Experiencing Homelessness
The Welcome Home Kit initiative aims to raise funds to support veterans experiencing homelessness across the nation on Veterans Day as part of the #DayForTheBrave campaign.
New Home Sales Weaken in October
Elevated mortgage rates that averaged 7.62% in October per Freddie Mac, the highest rate since 2000, depressed buyer demand and pushed down new home sales in October. Sales of newly built, single-family homes in October fell 5.6% to a
FHFA Announces Conforming Loan Limit Values for 2024
The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the
October New Home Purchase Mortgage Applications Increased 39.7 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for October 2023 shows mortgage applications for new home purchases increased 39.7 percent compared from a
Existing-Home Sales Receded 4.1% in October
Existing-home sales dropped in October, according to the National Association of REALTORS®. Among the four major U.S. regions, sales slid in the Northeast, South and West but were unchanged in the Midwest. All four regions experienced year-over-year sales
