article thumbnail

Fannie Mae expands voucher program for multifamily landlords

Housing Wire

In late August, Fannie Mae and Freddie Mac introduced new minimum standards to be included in tenant leases on GSE-backed multifamily properties. It’s now available to borrowers in all parts of the U.S.

Landlords 476
article thumbnail

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. Tenants who are evicted, particularly children, suffer serious long-term repercussions.

Tenants 468
Insiders

Sign Up for our Newsletter

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

article thumbnail

Meeting Renters Where They Are

Appraisal Buzz

Currently, the property management industrys reliance on legacy payout processes can lead to refund errors and delays that inconvenience tenants when moving into their new homes. Evolving Tenant Preferences Today, most renters are digital-first.

Tenants 397
article thumbnail

Experiences with Firearms as an Appraiser: When Tenants Behave Unexpectedly in “Their Area”

Appraisal Buzz

There are those moments where it turns into a memorable experience and homeowners or tenants feel like they must make it known we are not welcome. 1000 this year on multi-family properties, where tenants have felt it was necessary for me to get the message, by brandishing a firearm. I personally am batting.1000

Tenants 301
article thumbnail

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
article thumbnail

Opinion: tools for landlords to help low-income tenants

Housing Wire

The federal Housing Choice Voucher (HCV) program is a powerful tool to help low-income families find apartments they can afford, but the program isn’t reaching its potential because far too few landlords participate in it. Why don’t landlords participate?

Landlords 418
article thumbnail

Property management software: Why more Americans firing their property managers

Housing Wire

For those who think being an independent landlord is easy, congratulations youre wrong. Finding the best tenant is an uphill battle for some landlords. Then, they often face dissatisfied tenants, pesky maintenance issues, and tenants who cant or wont pay their rent on time and in full.