Tag: CARES Act
Business as unusual
As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the...
How CARES impacts multifamily real estate loans
It has been about three months since the COVID-19 emergency was declared by President Donald Trump. It’s still too early to fully understand its...
Politicians seek relief for renters, but landlords have rights too
State and local governments have closed businesses across the country in response to COVID-19, putting millions of Americans out of work. Right now, those...
Rate Desk May 21, 2020
May 21, 2020 edition of Yield PRO TV Rate Desk with Michael Thomas. GSE vs FHA on perm LIHTC take-out and rate lock underwriting...
Joint mortgage and housing assistance website launched
To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, the Consumer Financial...
NY Dem candidate is on a “rent strike”
In New York City’s well-heeled 12th Congressional District, a housing activist named Pete Harrison is running in the Democratic primary to unseat incumbent Congresswoman...
HUD adds funding for PHAs’ COVID-19 fight
U.S. Department of Housing and Urban Development Secretary Ben Carson announced the allocation of $380 million in supplemental administrative fee funding to all Public...
HUD funds COVID-19 related fair housing activities
The U.S. Department of Housing and Urban Development (HUD) announced it is awarding $1.5 million in Partnership and Special Enforcement Effort funds to HUD...
HUD implements new CARES Act multifamily mortgage payment relief to maintain and preserve affordable...
The U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and...
Apartment industry calls on Congress to provide additional support to residents, rental owners and...
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate Congress and the Administration’s quick action on the Coronavirus Aid, and...
Rate Desk April 3, 2020
April 3 edition HUD FHA rates at 2.80 for 223F New construction at 3.50 (40 year fixed) 10 year US treasury at 59 bp ...
