Archives For: Featured Resources

FEMA Fire Management Assistance Declaration – New Mexico Hermit’s Peak Fire

FEMA has issued a Fire Management Assistance Declaration for areas of New Mexico affected by the Hermit’s Peak Fire on April 12, 2022.

12 Apr 2022

FEMA Fire Management Assistance Declaration – New Mexico Big Hole Fire

FEMA has issued a Fire Management Assistance Declaration for areas of New Mexico affected by wildfires on April 11, 2022.

11 Apr 2022

Puerto Rico Plunged into Darkness after Power Station Fire

A major power outage hit Puerto Rico late Wednesday, plunging nearly 350,000 customers into darkness after a fire erupted at one of the largest power plants in the U.S. territory.

7 Apr 2022

St. Petersburg is Transforming Vacant Lots into Affordable Housing

By dealing aggressively with the owners of dilapidated homes and vacant lots, St. Petersburg has improved its housing stock — and is transforming some vacant lots into affordable housing in the process.

7 Apr 2022

City, Partners Present Updated Framework for Tackling Flint’s Blight

The city of Flint, the Genesee County Land Bank Authority, and the Flint Police Foundation shared a new $154 million, five-year framework to address the city’s blight.

6 Apr 2022

Fannie Mae Introduces Expanded Housing Choice Initiative to Increase Access to Affordable Housing

Fannie Mae announced its Expanded Housing Choice initiative, providing a new pricing incentive for Texas and North Carolina multifamily property owners who accept U.S. Department of Housing and Urban Development Housing Choice Vouchers.

4 Apr 2022

Thompson says FHFA is Preparing GSEs for End of Conservatorship

The Federal Housing Finance Agency is preparing the government-sponsored enterprises for life after conservatorship, acting director Sandra Thompson said Thursday.

1 Apr 2022

McKee Announces $5 Million to Address Rhode Island Blight

Governor Dan McKee announced more than $5 million will be allocated to revitalize blighted and vacant properties in Central Falls and Providence areas of Rhode Island.

1 Apr 2022

FHA Issues Guidance on Property Preservation Expenses

The Department of Housing and Urban Development issued a mortgagee letter aimed at clarifying contingencies around property protection and preservation reimbursement for loans that have a first legal foreclosure action filed on or after March 31.

30 Mar 2022

Mortgage Rates Approach 5% as Fed Tightens and Inflation Rattles Bond Markets

U.S. mortgage rates approached 5% on Friday, the highest daily average in more than four years, as war-worsened inflation fears spooked financial markets and the Federal Reserve ended a two-year emergency program that boosted demand for bonds containing home loans.

29 Mar 2022

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