In a new survey of Los Angeles County renters, 49% of households reported that they were unable to pay all of their rent during the pandemic. The study, by researchers from UCLA and the University of Southern California, found the median amount renters owe their landlords is $2,800. That suggests that countywide, tenants owe landlords upwards of $3 billion.
CONSTRUCTION EMPLOYMENT LAGS OR MATCHES PRE-PANDEMIC LEVEL IN 101 METRO AREAS DESPITE HOUSING BOOM...
Houston-The Woodlands-Sugar Land and Odessa, Texas Have Worst 16-Month Construction Job Losses; Chicago Metro Area and Fargo, N.D.-Minn. Top Lists of Metros with Job Gains Since
Kansas Housing Resources Corporation (KHRC), the state’s housing finance agency, has provided $21,670,326.79 in emergency rental and utility assistance to more than 3000 Kansas households experiencing financial hardship as a result of the COVID pandemic.
Disaster survivors affected by the severe storms and floods from Tropical Storm Imelda, can visit local home improvement stores in Houston, Pasadena and Webster for rebuilding tips from mitigation experts.
Sales of newly built, single-family homes fell 6.6 percent in June to a 676,000 seasonally adjusted annual rate, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 3.50% of servicers' portfolio volume in the prior week to 3.48% as of July
Foreign buyers purchased $54.4 billion worth of U.S. existing homes from April 2020 through March 2021, a 27% decrease from the previous 12-month period and the fourth consecutive
A drive thru Document Drop-off Center will open in Ypsilanti on Tuesday, July 27 to help renters, homeowners and business owners affected by the June 25 – 26 severe storms and flooding.
Capital Impact Partners Launches $20 million Diversity in Development Loan Fund and Grant Program...
First two funded projects demonstrate how initiative creates a pathway for emerging real estate developers of color to enter the industry and positively impact...
Despite a year of financial challenges and setbacks, the rate of homeownership remained the same, as did troublesome socioeconomic disparities in homeownership, according to NeighborWorks America's 2021 Housing and Financial Capability Survey. Today, nearly two-in-three Americans (62%) own a home.
Council Member Ydanis Rodriguez, a member of the Public Safety Committee will be calling on City Hall to add additional resources for all Northern Manhattan parks to improve their safety after a series of attacks that occurred yesterday in Inwood Hill Park. Yesterday, 3 women were either threatened or attacked within an hour in Inwood Hill Park by man authorities are still searching for.
Mayor Muriel Bowser celebrated the opening of the Todd A. Lee Senior Residences at Kennedy Street, a 38-unit, all-affordable senior community located in the Brightwood Park neighborhood
The Department of Veterans Affairs awarded $418 million in grants to more than 260 non-profit organizations in June, allowing low-income Veteran families around the nation to access services under the Supportive Services for Veteran Families
Atlanta REALTORS® Association (ARA), the largest association of its kind in Georgia, released its June 2021 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single-family residential properties
South Carolina REALTORS® (SCR) today released its statewide real estate market reports. The reports show home sales increasing by almost 15% throughout the month of June, compared to this time last year. New listings were up almost 8% to 11,428.
Rainbow Housing Assistance Corp. Partners With Related Affordable To Deliver Quality Resident Services In...
Rainbow Housing Assistance Corporation (Rainbow), a nonprofit organization which provides award-winning services for low-income housing tenants throughout the country, has partnered with Related Affordable, the largest private developer of affordable housing in the United States, to support the Ridgewood and Pineview senior apartment communities in The Woodlands, Texas.
Financial Regulators Update Examiner Guidance on Financial Institutions’ Information Technology Architecture, Infrastructure, and Operations
The Federal Financial Institutions Examination Council (FFIEC) today issued a new booklet in the FFIEC Information Technology Examination Handbook series, titled “Architecture, Infrastructure, and Operations.”
FEMA has approved a grant of $2,830,737 to help Santa Rosa County improve the drainage basin of the Metron Estates Subdivision in Pace, Florida during a storm.
Stakeholders From Across The Home Building Supply Chain Applaud Biden Administration Ahead Of Convening
U.S. Secretary of Commerce Gina M. Raimondo and National Economic Council Director Brian Deese will moderate a discussion at the White House with a diverse group
The Securities and Exchange Commission today charged the former CEO and CFO of FTE Networks Inc., a network infrastructure company formerly based in Naples, Florida, with conducting a multi-year accounting fraud. This alleged scheme