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
article thumbnail

Housing Rights Initiative files massive discrimination case in Illinois

Housing Wire

According to HRI’s announcement, the organization trained and deployed a group of undercover investigators over the past year who posed as prospective tenants looking to use Section 8 vouchers.

Landlords 418
Insiders

Sign Up for our Newsletter

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

article thumbnail

Investors Embracing Expansion of Real Estate Portfolios 

Appraisal Buzz

Using our platform to streamline processes from listings and tenant screening to rent collection and maintenance coordination allows landlords to work efficiently and scale quickly by managing everything in one place on a phone, mobile device, or desktop computer from any location.

article thumbnail

Invitation Homes to pay $3.7 million in California rent-gouging case

Housing Wire

Invitation Homes , the nation’s largest single-family rental landlord, has reached a settlement to address accusations it violated California ‘s “rent gouging” laws, the state’s Attorney General Rob Bonta announced on Monday. The company will also take specific actions to ensure compliance with California law.

Tenants 476
article thumbnail

CFPB, DOJ warn AI advances are not an excuse to break laws

Housing Wire

In a joint statement , the Civil Rights Division of the DOJ, CFPB, FTC, and EEOC outlined a commitment to enforcement of existing laws and regulations despite a lack of regulatory oversight currently in place regarding emerging AI technologies.

Law 365
article thumbnail

New California law to boost renters’ credit scores  

Housing Wire

The bill, which Governor Gavin Newsom signed into law last year, requires landlords to offer tenants the option to have their on-time rent payments reported to credit bureaus. The new law aims to fix this by recognizing rent payments as a valid sign of financial responsibility, much like paying a mortgage or car loan.

Law 252
article thumbnail

Lease-Purchase Arrangements: Another Path to Homeownership?

Appraisal Buzz

The buyer rents the home as a tenant first, typically paying an up-front fee or down payment under an option contract to preserve the right to purchase the property within a set time period. For example, the sellers, usually also the landlords, are generally responsible for keeping the property safe and livable for tenants.

Landlords 221