Tenants Face Numerous ‘Junk Fees’
When it comes to junk fees, nobody can hold a candle to landlords. Not even mortgage lenders. Now, the Biden administration is pushing landlords to cut back these charges.
‘Buy American’ Would Have Exacerbated Housing Shortage
The $1.2 trillion federal infrastructure law had an unintended consequence: Forcing affordable housing developments to abide by expensive and potentially unavailable U.S.-produced materials. Now there’s relief.
Can ADUs Light the Way to a Better Housing Market?
Banks and homebuilders see business opportunities in zoning changes that will allow significantly more Cape Cod residents to carve rental units out of their houses with a significant reduction in red tape.
Federal Low-Income Housing Grant Doubles in Size
Thanks to a coronavirus pandemic-fueled mortgage boom, states will get nearly $700 million in federal grants from a special program for low-income housing, more than double the amount distributed last year.
HUD Revokes Obama Housing Regulation Aimed at Diversifying Suburbs
The Trump administration said Thursday that it is revoking an Obama-era housing regulation designed to eliminate racial disparities in the suburbs, a move that fair housing advocates have decried as an election year stunt designed to manipulate the fears of white voters.
Massachusetts Gets $88M in HUD Housing Improvement Grants
Dozens of public housing authorities across Massachusetts are sharing about $88 million in federal grants to help improve their properties and make them more livable.
As Prices Rise, Buyers Seek Down Payment Help
Despite rising home prices and lagging wage growth, lenders can count on Millennials to be among the borrowers this spring, with more and more becoming first-time homebuyers thanks to down payment assistance programs.
HUD DACA Policy Change Adds to Housing Woes
The Trump administration has decided the country’s 800,000 “Dreamers” – undocumented immigrants brought here as children but who have grown up here – are no longer eligible for federally insured mortgages, causing consternation and confusion among mortgage lenders.
Trump Directs HUD, Treasury to Come Up With Plan to End GSE Conservatorship
President Donald Trump has issued an order for the government to end its 10-year conservatorship of the mortgage companies Fannie Mae and Freddie Mac.
Facebook to Overhaul Housing, Credit Ads to Prevent Discrimination
The changes to Facebook’s advertising methods are unprecedented. The social network says it will no longer allow housing, employment or credit ads that target people by age, gender or ZIP code.
Multifamily Home Production Surges in January; Permit Issuance Hits Post-Recession High
A surge in multifamily production pushed overall housing starts up 9.7 percent in January to a seasonally adjusted annual rate of 1.33 million units after an upwardly revised December reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
Former Housing Authority Employee Sentenced For Embezzlement
A former housing authority employee in Massachusetts is heading to prison for embezzling more than $70,000 in rent payments.
Boston Receives $24M HUD Grant To Help The Homeless
Boston Mayor Martin J. Walsh recently announced the city has received a $24.2 million federal award from the U.S. Department of Housing and Urban Development that will support Boston’s efforts to end chronic homelessness.
Developer, Housing Official Face Charges For $2.3M Fraud Scheme
A real estate developer and a former city of Worcester housing official were recently charged in U.S. District Court in Worcester in connection with a $2.3 million fraud scheme relating to the redevelopment of a multifamily property in Worcester.
Walsh Reveals Housing Data Beyond Expectations
Boston Mayor Martin J. Walsh today announced that the...Former Chelsea Housing Authority Assistant Director Convicted For Rigging Housing Inspections
The former assistant director of the Chelsea Housing...Expanded HUD Program Aims At Low-Income Workers
The U.S. Department of Housing and Urban Development (HUD)is expanding a program aimed at low-income workers, providing business that hire such workers with opportunities to work on HUD contracts.
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