A 10-year anniversary highlights need for housing finance reform
With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, the National Association of Home Builders (NAHB) today called on Congress to make it a priority to enact comprehensive reform to the nation's housing...
HUD and Census Bureau release new American housing survey
Renters are three times more likely to need financial assistance to evacuate during a major disaster than those who own their own homes. That’s according to the new 2017 American Housing Survey released today...
NMHC/NAA Testify Before Congress on Behalf of Apartment Industry
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on today’s Congressional testimony before the Housing and Insurance Subcommittee by Sue Ansel, President and Chief Executive Officer, Gables Residential and...
Regulations account for nearly one-third of multifamily costs, builders tell Congress
Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project's development and building costs, the National Association of Home Builders (NAHB) told Congress today. Testifying...
HUD awards $18 million to clean up dangerous lead in public housing
In an effort to identify and eliminate lead-based paint hazards in public housing, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $18 million to 20 public housing agencies...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with...
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million assets nationwide to identify the nation’s most statistically undervalued multifamily...
HUD awards $5 million to 22 public housing agencies for emergency and security improvements
In an effort to keep public housing residents safe and secure, the U.S. Department of Housing and Urban Development (HUD) is awarding $5 million in grants to 22 public housing authorities. HUD’s Capital Fund Emergency Safety...
Keys to an apartment property’s reputation
Reputation.com analyzed over 400,000 tenant reviews of over 9000 locations in order to determine what factors figure most prominently in positive reviews and in negative reviews. Here's an overview of what they found influenced...
Following court ruling, HUD moving forward on amending affirmatively furthering fair housing regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rule-making, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending...
HUD launches campaign to boost landlord acceptance of housing vouchers
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program....
Census releases housing construction data for July, 2018
The Census Bureau released its monthly new residential construction report for July, 2018. The report shows continued strength for multifamily housing completions but possible cause for concern in a softening of construction starts. Steady as she...
Senator Booker takes on housing
Senator Cory Booker of New Jersey, who has been frequently mentioned as a potential 2020 presidential candidate for the Democrats, recently introduced a bill addressing housing. The Booker bill may not have much of...
HUD seeks to revise AFFH rules
On August 13, the Department of Housing and Urban Development (HUD) issued an advance notice of proposed rulemaking inviting public comments on proposed changes to HUD's affirmatively furthering fair housing (AFFH) regulations which were...
Report show slower rent growth
The Yardi Matrix Monthly Multifamily report on rent growth for July was released recently. It reported that rents continued their rise nationally, although more slowly than in recent years. Historically, rental rates follow an annual...
