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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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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”). It’s now available to borrowers in all parts of the U.S.

Landlords 476
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FHFA Issues New Tenant Protections

Appraisal Buzz

The Federal Housing Finance Agency (FHFA) has announced a set of required tenant protections for multifamily properties financed by Fannie Mae and Freddie Mac (the GSEs). The GSEs will monitor and enforce these tenant protections, and failure to comply could result in penalties under the loan agreement.

Tenants 435
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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. He advised Black agents to maintain an objective approach when working with clients.

Realtors 360
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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
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EasyKnock under fire for “deceptive” sale-leaseback practices in Massachusetts

Housing Wire

In addition, her office alleges that EasyKnock violated some of Massachusetts’ landlord-tenant laws. “I Some of these changes include lowering rents for some existing tenants and complying with state landlord-tenant laws. Under the terms of the settlement EasyKnock must comply with all landlord-tenant laws.

Tenants 429
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Biden administration rolls out renter protections as rent prices soar

Housing Wire

The Federal Housing Finance Agency (FHFA), along with Fannie Mae and Freddie Mac , stated in the blueprint that the agencies will consider the establishment of tenant protections to limit “egregious rent increases” for properties purchased with certain types of federal mortgages.

Tenants 435