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Representative Jamaal Bowman (D-NY) of the U.S. House of Representatives and Senator Elizabeth Warren (D-MA) of the U.S. Senate recently sent a letter to the White House urging President Biden to take executive action to address rising rents and ensure renters and people...
The White House is leading an initiative on resident-centered property management solutions and is soliciting best practices. In addition, President Biden, in the past, has expressed support to expand protections for renters through a “Bill of Rights.”
HUD normally publishes income limits on April 1. However, HUD recently announced that it intends to release the FY23 median family income and income limits on or about May 15, 2023, which is approximately six weeks later than normal.
HUD, the U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) recently announced preliminary results of the 2022 Point-in-Time Count showing an 11 percent decline in veteran homelessness since early 2020, the last time a full count was conducted. This is the biggest drop in veteran homelessness in more than five years.
Washington, D.C., Attorney General Karl Racine recently announced a settlement requiring three real estate firms and its executives to pay a landmark $10 million in penalties for illegally discriminating against renters in the District who use Section 8 housing vouchers and other forms of housing assistance. This is the largest civil penalty in a housing discrimination case in U.S. history.
HUD recently announced a package of 29 regulatory and administrative waivers aimed at helping Florida communities accelerate their recovery from Hurricane Ian. According to Corelogic data, the hurricane has left an estimated $22 billion and $32 billion in wind losses for residential and commercial properties respectively in Florida alone, while insured storm surge losses in Florida are expected to be an additional $6 billion to $15 billion.
HUD recently released a Request for Information in the Federal Register to obtain public input regarding the development of its Green and Resilient Retrofit Program (GRRP). When implemented, the GRRP will provide grant and loan funding to facilitate retrofits of properties participating in its Multifamily assisted housing programs to make them more energy efficient, healthier...
The Department of Homeland Security (DHS) recently issued its final rule to rescind a Trump-era immigration policy that sought to limit immigration benefits for those likely to rely on government aid such as housing vouchers, food assistance, Medicaid, or other public benefit.
The U.S. Department of the Treasury recently announced new guidance to increase the ability of state, local, and tribal governments to use American Rescue Plan (ARP) funds to boost the supply of affordable housing in their communities.
The context: The updated Treasury guidance follows a commitment in the Biden administration’s Housing Supply Action Plan to leverage American Rescue Plan funds for investments in affordable housing as part of ...