FEMA Major Disaster Declaration – Massachusetts Severe Winter Storm and Snowstorm

FEMA Alert
April 18, 2022

FEMA has issued a Major Disaster Declaration for the state of Massachusetts to supplement commonwealth, tribal, and local recovery efforts in the areas affected by a severe winter storm and snowstorm from January 28-29, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • Bristol
  • Norfolk
  • Plymouth
  • Suffolk

 

Massachusetts Severe Winter Storm and Snowstorm (DR-4651-MA)

President Joseph R. Biden, Jr. Approves Major Disaster Declaration for Massachusetts

Map of Affected Areas

Zip Codes of Affected Areas

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

Legislature Advances Bill to Create Maine Redevelopment Land Bank Authority

Industry Update
April 13, 2022

Source:  Mainebiz

A bill that would create a statewide land bank for bringing properties into more productive uses has advanced through the state Legislature and has received overwhelming bipartisan support.

In a vote of 117-16 on Monday, the House gave initial approval to LD 1694, which would establish the Maine Redevelopment Land Bank Authority. The Senate passed the bill unanimously on Tuesday. The legislation is sponsored by state Rep. Melanie Sachs, D-Freeport.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Current Mortgage Rates Hit 5% for the First Time in a Decade

Industry Update
April 14, 2022

Source:  SFGate

The average interest rate on a 30-year fixed-rate mortgage has climbed to 5% for the first time in more than 10 years, according to Freddie Mac.

The rate increased 0.28 percentage points from last week and marks the first time the 30-year rate hit 5% since February 2011, when it averaged 5.05%.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

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

FEMA Alert
April 12, 2022

FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico to supplement state, tribal and local recovery efforts in the areas affected by the Hermit’s Peak Fire on April 12, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • San Miguel

 

New Mexico Hermit’s Peak Fire (FM-5431-NM)

Zip Codes of Affected Areas

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Fire Management Assistance Declaration – New Mexico Mcbride Fire

FEMA Alert
April 12, 2022

FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico to supplement state, tribal and local recovery efforts in the areas affected by the Mcbride Fire on April 12, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • Lincoln

 

New Mexico Mcbride Fire (FM-5432-NM)

Zip Codes of Affected Areas

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Fire Management Assistance Declaration – New Mexico Nogal Canyon Fire

FEMA Alert
April 12, 2022

FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico to supplement state, tribal and local recovery efforts in the areas affected by the Nogal Canyon Fire on April 12, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • Lincoln

 

New Mexico Nogal Canyon Fire (FM-5433-NM)

Zip Codes of Affected Areas

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

FEMA Fire Management Assistance Declaration – New Mexico Big Hole Fire

FEMA Alert
April 11, 2022

FEMA has issued a Fire Management Assistance Declaration for the state of New Mexico to supplement state, tribal and local recovery efforts in the areas affected by wildfires on April 11, 2022.  The following counties have been approved for assistance:

Public Assistance:

  • Valencia

 

New Mexico Big Hole Fire (FM-5430-NM)

Zip Codes of Affected Areas

 

Additional Resources

FEMA’s web site

FEMA’s Disaster Declaration Process

Safeguard Properties Industry Alerts

HUD Moratorium on Foreclosure

VA’s Policy Regarding Natural Disasters

Freddie Mac Disaster Relief Policies

Fannie Mae’s Natural Disaster Relief Policies

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

Industry Update
April 6, 2022

Source:  flintbeat.com

In the first of a series of planned presentations, 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.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

St. Petersburg is Transforming Vacant Lots into Affordable Housing

Industry Update
April 7, 2022

Source:  Tampa Bay Times

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.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

McKee Announces $5 Million to Address Rhode Island Blight

Industry Update
April 1, 2022

Source:  KPVI.com

A new investment in the Rhode Island housing sector will focus on addressing blight, Gov. Dan McKee said.

The governor announced more than $5 million will be allocated to revitalize blighted and vacant properties in Central Falls and Providence. The funding will support 42 rental properties and a new facility that will be open to the public.

For full report, please click the source link above.