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Fannie Mae expands voucher program for multifamily landlords

Housing Wire

without source-of-income protections (provided their property is not already legally required to accept the vouchers and that at least 40% of the units are affordable or considered “small area fair market rents”). The program was previously limited only to eligible properties in North Carolina and Texas.

Landlords 476
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HUD Grants Millions to Help End Homelessness, Prevent Evictions

Appraisal Buzz

Through the Eviction Protection Grant Program (EPGP), a first-of-its-kind federal program created to increase the availability of legal services to tenants at risk of or subject to eviction, the U.S. Legal experts supported by this funding help provide housing stability across the country.

Tenants 468
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Housing Rights Initiative files massive discrimination case in Illinois

Housing Wire

The Housing Rights Initiative (HRI) is taking aim at 165 real estate agents, brokerage firms and landlords in its latest series of lawsuits filed in Chicago. This violates Illinois House Bill 2775, which makes it illegal for landlords, brokers and agents to discriminate against housing applicants who seek to use vouchers to pay their rent.

Landlords 418
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Fintech lender LoanSnap evicted, faces financial and legal turmoil

Housing Wire

Legal and financial troubles are piling up for mortgage fintech lender LoanSnap , with the company having been recently evicted from its headquarters in Southern California. As for the eviction, TechCrunch reported that it stemmed from a lawsuit filed by its landlord in February 2024.

Legal 487
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California Realtors discuss post-wildfire changes in Black neighborhoods

Housing Wire

Kalin led a segment on best practices for legal matters that agents may face when assisting Altadena residents. ” Kalin closed his session with tailored advice for agents who are assisting landlords, buyers, and tenants with wildfire recovery. Landlords cannot raise rents by more than 10% until then.

Realtors 360
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LoanSnap troubles continue as California revokes its lender license

Housing Wire

The company was evicted in May from its office in Southern California, with the landlord seeking unpaid rent of more than $530,000. A consent order signed by a Connecticut banking commissioner said that LoanSnap failed to notify the Nationwide Multistate Licensing System (NMLS) that its main address had changed.

Landlords 448
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Zillow to list housing discrimination protections

Housing Wire

The update expands Zillow’s Local Legal Protections tool, which was created in 2018 to help LGBT home searchers identify if their rights were protected by local laws in certain jurisdictions. Still, federal law does not prevent landlords from rejecting all housing vouchers.

Landlords 488