FHFA: RFI Issued on Short-Term Rental Units in Condominium, Cooperative, and Planned Unit Development Projects

The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on Fannie Mae and Freddie Mac’s (the Enterprises) eligibility requirements for mortgages in condominium (condo), cooperative (co-op), and planned unit development (PUD) projects where a large portion of units are offered for short-term rental (30 days or […]

HUD: New Education Campaign Launched in Observance of Mental Health Awareness Month

The U.S. Department of Housing and Urban Development (HUD) announced today that it is commemorating Mental Health Awareness Month 2021 this May with the launch of a new campaign that will educate the public about the various forms of housing discrimination people with mental health, intellectual or developmental disabilities often […]

HUD: More Than $20 Million Made Available to Fight Housing Discrimination

Grants will support fair housing testing, education, enforcement activities The U.S. Department of Housing and Urban Development (HUD) announced that it is making $20,229,156 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing testing, education […]

FHFA: Final Rule Published on Enterprise Resolution Plans

The Federal Housing Finance Agency (FHFA) today published a final rule that requires Fannie Mae and Freddie Mac (the Enterprises) to develop credible resolution plans, also known as “living wills.” These resolution plans would facilitate a rapid and orderly resolution of the Enterprises should FHFA be appointed their receiver per the Housing […]

CFPB: FTC and CFPB Put Nation’s Largest Landlords on Notice about Tenants Pandemic Protections

Today, Consumer Financial Protection Bureau (CFPB) Acting Director Dave Uejio and Federal Trade Commission (FTC) Acting Chairwoman Rebecca Kelly Slaughter sent notification letters to the nation’s largest apartment landlords, which collectively own more than 2 million units. The letters remind these landlords of federal protections in place to keep tenants […]

HUD: Access to Opportunity for 10,000 Families Increased through New $50 Million Housing Mobility Demonstration

HUD Secretary Marcia L. Fudge on Thursday announced awards to nine lead public housing authorities (PHAs) that will participate in HUD’s new Housing Choice Voucher (HCV) Mobility Demonstration, which will receive $45.7 million in total funding. Through this Demonstration, PHAs will provide over 10,000 families with children better access to […]

FHFA: House Price Index Up 0.9 Percent in February 2021; Up 12.2 Percent from Last Year

House prices rose nationwide in February, up 0.9 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®).  House prices rose 12.2 percent from February 2020 to February 2021. The previously reported 1.0 percent price change for January 2021 remained unchanged. For the nine […]

HUD: Multifamily Housing Inspections to Resume in June

On Friday, U.S. Department of Housing and Urban Development (HUD) Secretary Marcia L. Fudge announced that HUD will substantially increase housing inspections, beginning on June 1, 2021. HUD’s inspections are instrumental in identifying unsafe conditions and supporting HUD’s work with housing providers to mitigate them. Thirteen months ago, in response […]