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Rural America is losing affordable housing at a crisis pace

Housing Wire

After those government-supported mortgages terminate due to maturity or prepayment, the owners can, and many do, convert their multifamily properties to market-rate rents, or sell them to new owners that are not committed to providing housing that is affordable to struggling low-income rural tenants.

Tenants 469
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Opinion: How ADUs can alleviate the U.S. housing crisis

Housing Wire

Couple that with rising costs of home insurance and the general price inflation, and there is a massive housing affordability problem facing the majority of the country. For local governments, ADUs can increase the number of tenants in areas where high-rise dwellings are not a desirable option.

Tenants 357
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The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Buying a Home As a Government Employee Are you a government employee preparing to buy a home? With the right resources, you can ensure a successful investment and one in which you may save tens of thousands of dollars thanks to being a government employee. Who Is a Government Employee?

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Biden signs American Rescue Plan. Here’s what that means

Housing Wire

The bill will send $1,400 direct payments to individuals making up to $75,000 annually, and allocates $350 billion in aid to state and local governments and $14 billion for vaccine distribution. Among the unknowns servicers face in 2021 are changes that could affect lender-placed insurance (LPI).

Tenants 545
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Federal agency members voice support for new CRA rules 

Housing Wire

The following day, Martin Gruenberg, chairman at the Federal Deposit Insurance Corp. These include race, financing displacement (banks making loans that could result in landlords evicting low-income tenants), financing of fossil fuels and mechanisms to stop branch closures.

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Is time the enemy of equity for chronically distressed homeowners?

Housing Wire

That’s because the unpaid loan balance continues to grow for delinquent mortgages due to unpaid interest, property taxes and insurance. We always offer lease-back to people, and we have a few that have been tenants for several years,” he said. “I As a company we always work with the occupants. … It’s a win-win.”

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Lawmakers introduce bill to assist renters with security deposits

Housing Wire

The Delivering Essential Protection, Opportunity, and Security for Tenants (DEPOSIT) Act was introduced into the Senate this week by Sen. It’s time the federal government get off the sidelines and work to combat America’s housing crisis.” Martin Heinrich (D-N.M.). I’m excited to work with Sen. The bill would also require the U.S.

Tenants 272