Housing Wire

DECEMBER 1, 2023

Department of Housing and Urban Development (HUD) on Friday published a proposal that would require public housing agencies (PHA) to provide 30 days’ notice before filing an eviction notice in court for nonpayment of rent.

Tenants 471

Tenants Landlords Development Finance 471

Housing Wire

APRIL 8, 2024

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.

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Tenants Finance Construction Government 485

Housing Wire

SEPTEMBER 5, 2024

The credit profile of the tenant in the BTR space is much stronger. Many tenants living in BTR communities may also own a BTR investment property while renting a BTR property themselves. SK: Historically, low tenant turnover is a huge opportunity for operators. BTR properties attract and retain quality tenants.

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Tenants Investing Marketing Construction 416

Housing Wire

JANUARY 28, 2021

of rental listings in the country are located in areas that offer tenants protection against source of income or voucher discrimination. The Department of Housing and Urban Development attempted to crack down on landlord discrimination back in 2018. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 488

Landlords Tenants Law Legal 488

Appraisal Buzz

JANUARY 9, 2025

Department of Housing & Urban Development (HUD) has published a Final Rule in the Federal Register to modernize and strengthen regulations for the HOME Investment Partnership Program (HOME). HOME is one of the largest federal grant programs specifically for creating housing for disadvantaged households.

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Tenants Development Modernization Inspection 221

Housing Wire

MAY 14, 2024

In the city of Paso Robles, California , for instance, where the median home price hovers around $700,000, real estate developer STG Capital Partners is building 200 two- and three-bedroom rental duplexes, with monthly asking rents ranging from $3,000 to $3,700, the Journal reported. Meanwhile, investors are flocking to the BTR sector.

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Construction Tenants Development Real Estate 407

Housing Wire

JANUARY 23, 2024

For Universal Studios employees, the owners of the park are seeking to construct a 1,000-unit mixed-use development slated to open in 2026 that would promise a short commute to the Universal Orlando Resort, which is also aiming to open a full-scale third theme park called “Epic Universe” next year.

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Tenants Development Investing Design 372

Housing Wire

NOVEMBER 21, 2023

California’s SB 1157 has made a significant impact on the lives of tenants in subsidized housing developments. This groundbreaking state-specific law mandates that landlords who own or operate such properties offer their tenants the option to have their rental payments reported to credit bureaus.

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Tenants Law Landlords Development 418

Housing Wire

AUGUST 7, 2020

The Department of Housing and Urban Development said it was resuming in-person inspections of public housing units, though families concerned about the spread of COVID-19 can decline to have a HUD worker in their home. HUD said the inspectors will use “strict safety protocols,” without specifying what that will entail.

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Inspection Tenants Development Real Estate 487

Appraisal Buzz

JUNE 27, 2024

Still , Vice Chair, Pulte Financial Services Sheri Thompson , EVP, Head of Affordable Housing, Walker & Dunlop Eileen Tu , VP, Mortgage Policy and Credit Development, Rocket Mortgage John Wiechmann , President/CEO, Midwest Housing Equity Group Inc.

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Development Finance Tenants Lending 395

Housing Wire

AUGUST 29, 2024

The pandemic hangover, which has left many tenants straining to make rent, translates to lower rent collections, and in turn less cash flow, for owners. Many of their development projects require more patience and long-term commitment than other developers are willing to undertake. Rising operating costs add to the pressure.

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Landlords Tenants Property Taxes Development 340

Housing Wire

AUGUST 9, 2024

The use case developed by Langdale and her team was recognized as the most promising use case of gen AI for consumer experience. How did your team decide on what they wanted to develop? How did you guys think about that when you were developing the use case? Langdale has been in the mortgage industry for more than 20 years.

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Tenants Mortgage Landlords Development 368

Housing Wire

JULY 16, 2024

Diane Yentel, president and CEO of the National Low Income Housing Coalition (NLIHC), released a statement that applauded the proposal as “historic” while also making a call to enact elements of the organization’s National Tenants Bill of Rights, which it developed in conjunction with other affordable housing advocacy organizations.

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Landlords Construction Land Management Tenants 482

Housing Wire

OCTOBER 3, 2023

“So this feature is going to benefit those who are already punctual while encouraging others to develop greater consistency. In October 2022 , JPMorgan Chase launched a platform that automates the invoicing and receipt of online rent payments, serving property owners, managers and tenants. It’s a win-win.”

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Tenants Government Development Real Estate 407

Housing Wire

JULY 26, 2024

Department of Housing and Urban Development (HUD) Secretary Adrianne Todman asking why what he describes as a “backlog” of housing discrimination complaints has yet to be addressed. Richard Blumenthal, the senior U.S. senator from Connecticut , sent a letter last week to Acting U.S. Simply, justice delayed is justice denied.

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Tenants Law Design Development 443

Housing Wire

FEBRUARY 13, 2024

Department of Housing and Urban Development (HUD) announced a series of new relief measures for residents of the state of Hawaii. The announcement was made by Marion McFadden, HUD principal deputy assistant secretary for community planning and development, as she was touring the island of Maui. HUD awarded $6.9

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Real Estate Agent Tenants Design Development 368

Housing Wire

JANUARY 26, 2024

Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper payments” related to its programs for 11 consecutive years. billion in improper payments. billion in FY16 to $45.3

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Law Development Tenants 398

Appraisal Buzz

NOVEMBER 18, 2024

Concentrated Development: Many developers flocked to the same areas, leading to localized oversupply. The Developer’s Dilemma To illustrate the current challenges, let’s consider a hypothetical developer, Dave. Diminished Development Capacity: As developers struggle, new construction grinds to a halt.

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Development Finance Real Estate Housing Market 335

Housing Wire

JULY 27, 2023

Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have all renewed their efforts to protect tenants renting in multifamily housing units as costs continue to climb, according to an announcement from the White House.

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Tenants Landlords Government Finance 283

Housing Wire

AUGUST 26, 2024

This rise reflects a growing trend among developers to construct homes specifically for the rental market, catering to those who desire the benefits of single-family living but might not have the means, or desire, to purchase. Build-to-rent developments aren’t the only response to this increase in single-family rental demand.

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Marketing Real Estate Agent Investors Tenants 422

Housing Wire

JANUARY 9, 2024

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Some smart lenders, especially among credit unions, have developed some great products for ADU financing.

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Finance Construction Tenants Renovations 459

Housing Wire

JANUARY 4, 2024

Developed by the American Institute of Certified Public Accountants , the SOC 2 Type II audit examines a company’s controls related to security, availability, processing integrity, confidentiality and privacy. SOC 2 is regarded as the premier data security standard for Software as a Service (SaaS) providers.

Tenants 387

Tenants Insurance Development Mortgage 387

Housing Wire

JUNE 28, 2024

Still, vice chair, Pulte Financial Services Sheri Thompson, executive vice president and head of affordable housing, Walker & Dunlop Eileen Tu, vice president of mortgage policy and credit development, Rocket Mortgage John Wiechmann, president and CEO, Midwest Housing Equity Group Inc.

Tenants 356

Tenants Finance Lending Development 356

Appraisal Buzz

JULY 26, 2024

In light of the current surge in the number of prospective tenants, a new Realtor.com report titled “Top 10 Markets for Renters” indicates that cities in the Midwest and South rank highest for availability, affordability, and economic growth as well as for having commute times that are shorter than average.

Tenants 381

Tenants Landlords Marketing Inventory 381

Housing Wire

FEBRUARY 27, 2024

In his expanded role, Crockett will guide day-to-day operations and key departments at Xactus, including credit, verifications and tenant screening. Previously, he was EVP of product development at Credit Plus before Xactus acquired the company in September 2021. He previously served as the company’s chief data officer.

Tenants 345

Tenants Valuation Clients Training 345

Housing Wire

MAY 5, 2022

million low-rate loan to Cherry Oak Apartments, a mixed-income 96-unit residential apartment with 53 affordable units, in partnership with the Metropolitan Development Housing Agency , Amazon said. Over the past two years, Amazon gave Puget Sound developments more than $344.3 Amazon Housing Equity Fund will allocate a $7.1

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Renovations Tenants Investing Development 370

Housing Wire

SEPTEMBER 5, 2024

The authors suggest a two-fold recommendation — that more states and local municipalities pass “source of income” legislation so that tenants and homebuyers will be better protected; and for the U.S. of the U.S. mortgage market in 2023, up from 14.3% in 2022, according to HUD.

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Buyers Real Estate Agent Inspection Real Estate 426

Housing Wire

JANUARY 19, 2024

For agents, staying informed about these developments is essential for strategic decision-making and client guidance in the coming year and beyond. This development is crucial for agents, as it brings not just relief to tenants nationwide but also might create more movement as renters are looking for better deals.

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Marketing Real Estate Construction Agents 453

Appraisal Buzz

JUNE 12, 2024

While multifamily development starts have dipped below their 10-year historical average, there is still a backlog of new units entering the market each month, limiting how much prices can rise. Meanwhile, rents are rising in many Midwest metros because the region simply isn’t developing enough apartments. this summer. YoY change: 6.8%

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Tenants Development Construction Marketing 392

Housing Wire

OCTOBER 2, 2024

He also mentions Pretium’s evolution from targeting single-family rentals to other assets, with a greater focus on technology and operational efficiency to better serve landlords and tenants. Burns asks Mullen for a ballpark estimate of how long it takes Pretium to analyze an investment opportunity. Mullen shares that the company raised $1.5

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Real Estate Investing Landlords Tenants 459

Miller Samuel

MARCH 11, 2019

There has been a lot of fanfare about the new Related Companies ' Hudson Yards ' mixed-use development being created over the West Side Yard in Manhattan and is connected to ' The Highline. ' Teachable moment for condo development naming strategies that include a company: Don't do it. Here is a rendering of the completed Hudson Yards.

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Tenants Development Government Architecture 243

Housing Wire

APRIL 22, 2024

One researcher said that the situations of older adults could be bettered by “improving and streamlining the federal HECM program, broadening the criteria for refinancing and [home equity line of credit (HELOC)] loans, and encouraging the development of more housing, including homes and apartments suitable for older buyers and tenants.”

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Tenants Mortgage Insurance Tools 421

Housing Wire

JANUARY 10, 2024

“Unfortunately, we do not see this change taking place within the base period or extended base period of the Community Economic Development Agreement (CEDA),” Allen noted. million in tenant improvements in North Carolina since 2021, the letter added. The JDIG agreement authorized the potential reimbursement to Pennymac of up to $1.9

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Investing Tenants Development Loan Officers 328

The Robert Weiler Company

MARCH 4, 2021

Mixed-use development in 2021 may not resemble Orbit City, but commercial builders, architects, and real estate investors are undoubtedly re-engineering the proximity of your personal and professional orbit. This type of development provides the “live, work, play, gather” atmosphere in a convenient manner.

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Development Retail Transportation Real Estate 148

Housing Wire

OCTOBER 26, 2022

The company, which works with some of the country’s largest multifamily developers and property managers, secured $150 million in a growth round led by Left Lane Capital. Bilt’s partners include multifamily developers and owners AvalonBay Communities , Blackstone Inc. Related Companies and Equity Residential.

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Valuation Landlords Tenants Property Management 315

Housing Wire

AUGUST 18, 2023

Department of Housing and Urban Development (HUD) this week announced a package of regulatory and administrative waivers that will allow the use of HUD funding to assist with the recovery of Maui after the island endured a series of devastating wildfires. Most of the structures in the town were destroyed.

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Government Mortgage Tenants Development 332

Housing Wire

OCTOBER 16, 2024

Department of Housing and Urban Development (HUD) have published a new report identifying the locations of people seeking Federal Housing Administration (FHA) rental and homeownership assistance programs. Researchers at the U.S.

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Tenants Investing Housing Market Mortgage 435