Remove Development Remove Law Remove Transportation
article thumbnail

Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. However, the debate in Newton could be more contentious than in other parts of the state, according to the Globe.

Law 305
article thumbnail

US Senate committee approves full funding for Ginnie Mae

Housing Wire

Senate appropriations committee this week approved full funding for the fiscal year 2025 Transportation, Housing and Urban Development, and Related Agencies Appropriations Act (T-HUD), which provides $98.737 billion in total discretionary funding for agencies including Ginnie Mae. Patty Murray (D-Wash.), the chair of the committee.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Boston suburb’s housing battle with state echoes national issues

Housing Wire

As part of the broader community operating within the service area of the Massachusetts Bay Transportation Authority (MBTA), the affluent Boston suburb of Milton — with a population of roughly 29,000 people — was directed to comply with a new state law requiring the construction of new multifamily housing units in areas served by public transit.

Law 366
article thumbnail

A Closer Look at Fair Housing Complaint Metrics

Appraisal Buzz

“The continued increase in reports of housing discrimination means lawmakers are simply not doing enough to provide adequate resources for the organizations serving on the frontlines educating the public about fair housing laws and helping individuals and families when crucial civil rights laws are broken,” said Lisa Rice, NFHA’s President and CEO.

Law 369
article thumbnail

States are making ADUs easier to build. Now it’s up to municipalities to follow suit.

Housing Wire

In 2024 alone, Colorado, Arizona, Massachusetts, and Hawaii passed major ADU legislation, and California added several laws to open the doors wider for ADU s. While state-level ADU policies take aim at local rules that hamper ADU development, there’s still work to be done. But first, the good news.

Law 383
article thumbnail

New Jersey bill seeks to require face-to-face counseling for reverse mortgages

Housing Wire

In-person hurdles An in-person counseling requirement remains law in Massachusetts, which contributed to the halting of reverse mortgage business throughout the state at the onset of the COVID-19 pandemic due to stay-at-home orders handed down by then-Gov. Not just those who support my bill but also those that oppose it.

Mortgage 421
article thumbnail

Which Markets Are the Nation’s Renters Targeting?

Appraisal Buzz

In addition, mixed-use developments are bringing in new apartments, retail, and public spaces, while older buildings are being converted to residential spaces through adaptive reuse projects. Despite the 23% drop in favorited apartments in Washington, D.C., Tacoma, Washington Tacoma claimed the seventh spot in RentCafe’s ranking.

Marketing 397