Housing Wire
JULY 20, 2022
Specifically, there is a high cost in constructing accessory dwelling units – or ADUs – which are secondary residences on a land parcel zoned for single-family housing. Homeowners constructing an ADU – whose total build costs run over $150,000, according to the report – use cash out refinances, home equity loans, and renovation loans.
Housing Wire
MAY 23, 2024
Before joining HUD, Todman was the CEO of the National Association of Housing and Redevelopment Officials (NAHRO) from 2017 to June 2021. Fudge has since joined law firm Taft as a partner and chair of public policy. “I She also served as executive director of the District of Columbia Housing Authority (DCHA).
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Housing Wire
MARCH 31, 2021
Specifically, the plan calls for the construction and rehabilitation of over 500,000 homes in low- and middle-income areas. Biden is also calling on Congress to eliminate exclusionary zoning laws, which he says inflates housing and construction costs – an issue that has crippled homebuilders across the country for more than a year.
Housing Wire
JUNE 2, 2023
District Court for the Eastern District of Pennsylvania , ESSA “failed to provide mortgage lending services and did not serve the credit needs of majority-Black and Hispanic neighborhoods in the Philadelphia metropolitan area” from 2017 to 2021. In July, the DOJ and the Consumer Financial Protection Bureau announced a $24.4
Housing Wire
SEPTEMBER 14, 2023
Enter the Accessory Dwelling Unit, commonly known as an ADU, or more informally called an in-law suite, granny flat or backyard home. For example, California’s changes in laws and regulations have made ADUs much easier to build.
Housing Wire
AUGUST 7, 2020
He also is chairman of Rock Ventures , which “has invested and committed billions to acquiring and developing more than 100 properties, including new construction of ground-up developments in downtown Detroit and Cleveland, totalling more than 18 million square feet in Detroit’s downtown urban core,” according to the IPO’s prospectus.
Housing Wire
DECEMBER 2, 2020
FHA’s mission is to support low-to-moderate income borrowers, so why does the law permit FHA to insure mortgages up to $822,375? Virgin Islands have a higher limit ceiling than the rest of the country to account for the higher costs of construction. In those areas, the 2020 FHA loan limit is $1,233,550.
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