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Sunday, July 14, 2024

Apartment watch

Things to watch, what to know, in your apartment operation

Sponsored: 6 must-ask questions for any managed WiFi provider

Selecting the right partner is key to a great managed WiFi solution for your MDU property and residents. Set your community up for success by asking each potential partner these questions. Will you design...
HUD changes criminal record background check rules

HUD proposes criminal records rule changes

HUD issued a notice of proposed rule making to change how criminal records history may be considered in deciding to prohibit individuals from residing in HUD-assisted housing. According to the proposal, the rule changes would...
HUD sets new Section 8 income rule

New Section 8 income rule would cap rent growth for LIHTC properties

On January 9, HUD proposed changes to how they calculate Section 8 income limits. The summary of the change as posted on the Regulations.gov website read in part: “The United States Housing Act of...
construction material prices

Construction material prices rise on higher lumber prices

The Bureau of Labor Statistics (BLS) released its producer price index report for July 2020. It showed that the BLS price index of materials and components for construction was up 0.5 percent from June,...
lumber prices

Construction materials prices up despite lumber price drop

The Bureau of Labor Statistics (BLS) released its producer price index report for October 2020. It showed that the BLS index of construction materials prices was up 0.2 percent from September, seasonally adjusted. It...
california state senate bill SB-466

California rent control update

A measure which would expand the number of properties in California which could be subject to rent control is working its way through the State Senate. The bill, SB-466, would allow local jurisdictions to...
construction materials prices - steel

Construction materials prices up despite lumber price declines

The Bureau of Labor Statistics (BLS) released its producer price index report for August 2021. It showed that construction components and materials prices were up 0.2 percent in the month, seasonally adjusted. The index...
colorado rental housing law

Rental housing law in Colorado

Nexus Commercial Realty recently presented a webinar outlining legislation being considered which affects multifamily housing. While the focus of the webinar was on legislation pending in Colorado, many of the issues being discussed there...
emotional support animal

Emotional support animal vs person with allergies: Who wins?

The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling. Origins of the conflict Karen Cohen has a severe allergy to pet dander. Because of this,...
eviction notice

HUD proposes 30 day eviction notice for PHAs and PBRA housing

The Department of Housing and Urban Development (HUD) is proposing a rule that would require public housing agencies (PHAs) and properties receiving project-based rental assistance (PBRA) to give tenants 30-day written notice prior to...
blackstone sfr markets

Blackstone suspends 38 metros in downturn

Home Partners of America (HPA), a single-family rental (SFR) business, will stop all property acquisitions in Boise, Reno, Spokane, Fresno, Memphis and 33 other geographic areas due to the market downturn in the single-family...

Lumber price surge drives construction material prices higher

The Bureau of Labor Statistics (BLS) released its producer price index report for September 2020. It showed that the BLS price index of materials and components for construction was up 2.1 percent from August,...

Lumber drives construction material prices higher again

The Bureau of Labor Statistics (BLS) released its producer price index report for August 2020. It showed that the BLS price index of materials and components for construction was up 0.9 percent from July,...

Plywood again leads construction materials prices higher

The Bureau of Labor Statistics (BLS) released its producer price index report for February 2022. It stated that construction materials prices were up 1.2 percent in the month, seasonally adjusted. The index was 23.5...

Construction materials prices edge higher as lumber rebounds

The Bureau of Labor Statistics (BLS) released its producer price index report for December 2020. It showed that the BLS price index of materials and components for construction was up 0.8 percent from November,...
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