Tag: Washington DC
HUD charges two Ohio companies with discriminating against residents with disabilities
The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged two Ohio corporations, Epcon Communities, Inc., and Epcon Communities...
Housing production drops 3.7 percent but remains near post-recession high
Total housing production fell 3.7 percent in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34...
HUD announces $10 million in “sweat equity” grants
The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on...
Ginnie Mae MBS outstanding increases to $1.950 trillion
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $34 billion in April. A breakdown of April issuance includes $32.437 billion of...
NAHB now accepting applications for multifamily Pillars of the Industry Awards competition
The National Association of Home Builders (NAHB) opened its general call for entries for the Multifamily Pillars of the Industry Awards competition. Multifamily owners and developers,...
HUD approves agreement resolving allegations of housing discrimination involving two California apartment complexes
The U.S. Department of Housing and Urban Development (HUD) today announced it has approved a Conciliation Agreement between the Fair Housing Council of Riverside...
Rising incomes boost housing affordability in first quarter of 2018
Strong wage growth more than offset an increase in mortgage interest rates to boost nationwide housing affordability in the first quarter of 2018, according to the...
Builder confidence in the 55+ housing market remains healthy in first quarter
Builder confidence in the single-family 55+ housing market dropped five points to 66 in the first quarter of 2018, according to the National Association of Home...
MBA forecasts slight decline for commercial/multifamily originations in 2018
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will decline slightly in 2018, ending the year at $519 billion, down two...
New research on rent control confirms negative economic, social impacts
Rent control policies are laws that cap rents and are usually implemented with the stated purpose of improving housing affordability. In fact, they may...
HUD reaches agreements with Florida, Virginia and California landlords settling claims of sexual harassment...
Today, the U.S. Department of Housing and Urban Development (HUD) announced three settlements of claims involving allegations of sexual harassment totaling approximately $125,000 in...
MBA opens doors celebrates milestone: More than 2,000 families across America helped
The Mortgage Bankers Association’s Opens Doors Foundation (MBA Opens Doors) today announced that it surpassed a milestone, having provided mortgage or rental payment assistance...
April NMHC quarterly survey shows greater supply improving affordability
Apartment market conditions were uneven, according to results from the April National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The Market...
Secretary Carson proposes rent reform
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today unveiled a package of reforms designed to offer Public Housing Authorities (PHAs), property owners...
