HUD

Low-income residents could experience HUD rent increase

MONTGOMERY, Ala./June 16, 2016 (AP)(STLRealEstate.News) — Low-income Alabama residents receiving federal assistance might experience increased rent by more than $800 a year. The possible rate increase could impact more than 180,000 people and about 83,000 households according to the nonpartisan Center on Budget and Policy Priorities, Al.com reported . The center says the average HUD … Continue reading Low-income residents could experience HUD rent increase

Florida Realtors®: June is National Homeownership Month

ORLANDO, Fla., June 13, 2018 /PRNewswire/ — June is National Homeownership Month, a time of year when Florida Realtors, Realtors across the U.S. and others celebrate the importance of owning a home and the impact it has on the lives of American families, local neighborhoods and the nation’s economic health. This year’s theme is National … Continue reading Florida Realtors®: June is National Homeownership Month

Problems spark change in West Virginia flood housing program

CHARLESTON, W.Va./June 8, 2018 (AP)(STLRealEstate.News) — Gov. Jim Justice has named the head of the West Virginia National Guard to oversee a program to help victims of 2016 floods obtain federal housing assistance after complaints of poor management and residents receiving no help. Justice said at a news conference Monday that James Hoyer, the state … Continue reading Problems spark change in West Virginia flood housing program

Analysis: HUD plan would raise rents for poor by 20 percent

CHARLESTON, S.C./June 8, 2018 (AP)(STLRealEstate.News) — Housing Secretary Ben Carson says his latest proposal to raise rents would mean a path toward self-sufficiency for millions of low-income households across the United States by pushing more people to find work. For Ebony Morris and her four small children, it could mean homelessness. Morris lives in Charleston, … Continue reading Analysis: HUD plan would raise rents for poor by 20 percent

Financing the American Dream: FHA is a Viable Option

BREA, Calif./ May 31, 2018 (STLRealEstate.News) — Bloomberg published an article last week presenting a Branch Manager—who is a valuable member of his community, the mortgage lending industry, and American Financial Network, Inc. (AFN; NMLS #237341)—as “Getting Rich on Government-Backed Mortgages.”  The article contained some unpleasant remarks toward our Team AFN Branch Manager—Angelo Christian, the Federal Housing … Continue reading Financing the American Dream: FHA is a Viable Option

Senate Confirms Brian D. Montgomery as Commissioner of Federal Housing Administration (FHA)

WASHINGTON and NEW YORK/May 24, 2018 (STLRealEstate.News) — Situs, the premier global provider of strategic business solutions for the finance and commercial and residential real estate industries, applauds today’s Senate confirmation of Brian D. Montgomery to serve as Assistant Secretary for Housing/Federal Housing Commissioner of the U.S. Department of Housing and Urban Development (HUD). The … Continue reading Senate Confirms Brian D. Montgomery as Commissioner of Federal Housing Administration (FHA)

Realtors® Focus on the Future of Fair Housing

WASHINGTON/ May 16, 2018 (STLRealEstate.News) — Dr. Ben Carson, secretary of the Department of Housing and Urban Development, joined thousands of members of the National Association of Realtors® at a general session today during the 2018 REALTORS® Legislative Meetings & Trade Expo to commemorate the 50th anniversary of the Fair Housing Act. During the session, … Continue reading Realtors® Focus on the Future of Fair Housing

Groups to sue Ben Carson over delay of anti-segregation rule

WASHINGTON/May 8, 2018 (AP)(STLRealEstate.News) — A group of advocacy organizations plans to sue the Department of Housing and Urban Development and its secretary, Ben Carson, over his decision to delay an Obama-era rule intended to ensure that communities confront and address racial segregation. A draft of the lawsuit argues that Carson illegally suspended the Affirmatively … Continue reading Groups to sue Ben Carson over delay of anti-segregation rule