FEMA Major Disaster Declaration – Nevada Severe Winter Storms, Flooding, Landslides, and Mudslides

FEMA Alert
April 27, 2023

FEMA has issued a Major Disaster Declaration for the state of Nevada to supplement state, tribal and local recovery efforts in areas affected by severe winter storms, flooding, landslides, and mudslides from March 8 – March 19, 2023.  The following areas have been approved for assistance:

Public Assistance: 

  • Douglas
  • Eureka
  • Lincoln
  • Lyon
  • Mineral
  • Storey

 

Nevada Severe Winter Storms, Flooding, Landslides and Mudslides (DR-4708-NV)

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

Map of Affected Areas

List of Affected Zip Codes

 

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

Delaware County Land Bank Policies Up for Review

Industry Update
April 25, 2023

Source: www.mychesco.com

The Delaware County Redevelopment Authority (DCRDA) announced it is soliciting feedback on the proposed policies and procedures for the Delaware County Land Bank. The Delaware County Redevelopment Authority became the appointed authority for the Delaware County Land Bank in 2022.

Land Banks are intended to reduce blight and spur economic development by transferring properties that are vacant, abandoned, and tax delinquent back to productive use in alignment with community goals and through creative leadership that engages key partners to leverage resources. The Delaware County Land Bank will prioritize strategic development for vacant and abandoned properties in the county. DCRDA has priority bidding at real estate tax sales, a streamlined process for lien discharge, and the ability to expedite quiet title proceedings.

“The County’s new land bank program gives us one more tool for improving our local communities by acquiring, redeveloping and returning blighted property to productive residential, recreational, commercial and industrial uses for our residents,” said Delaware County Council Vice Chair Elaine Paul Schaefer. “That return to a productive end use also returns properties to the tax rolls and reduces the tax burden shared by the residents of the community.”

The proposed policies and procedures will govern the administration and activity of the Land Bank in Delaware County. The policies cover the acquisition, disposition, and conveyance of properties and public input and communication. They will be reviewed at least every other year by the DCRDA Board of Directors.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

Detroit Demo Week: Demolition Department Making Progress in Eliminating Blight

Industry Update
April 21, 2023

Source: www.clickondetroit.com

The Detroit Demolition Department has been working to eliminate blight in the city ahead of Detroit Demo Week.

Homeowners on Northlawn Street near West Chicago and Wyoming Avenue have been waiting for a demolition crew for years to take down an abandoned house that has been an “eyesore.” “We want to maintain the beautification of our neighborhood, and the stability, and the quality of life for our neighbors,” one homeowner said

The Detroit Demolition Department is working to demolish 8,000 homes and stabilize 6,000 homes for resale by 2025.

“Mayor Duggan has been very focused on ensuring a blight to beauty concept across the city, and this is another continued effort to address that,” said Detroit Demolition Department Director LaJuan Counts.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

New Brunswick Addresses Vacant and Abandoned Properties

Industry Update
April 22, 2023

Source:  www.tapinto.net

Redevelopment is a key part of neighborhood revitalization throughout the city, as is evident in the number of properties that have been greatly improved over the past few years.

The strategy includes a concentrated effort to address abandoned and vacant properties that can quickly become eyesores and dissuade neighbors from investing in their own homes.

“Housing isn’t about just building new; we have to maintain and improve what we already have,” New Brunswick Mayor James Cahill said. “Vibrant neighborhoods are key to a successful city. Dilapidated and vacant houses can lead to problems and take viable housing off the market.”

In mid-2017, city officials launched an aggressive effort to address vacant or abandoned homes. There were 201 properties identified, both vacant and abandoned.

There is an important distinction between an abandoned property and a vacant property. A vacant property is empty for a minimum of six months and has had no construction work for six consecutive months. An abandoned property is vacant, and is also a nuisance, tax delinquent, with stalled construction or deemed in need of rehabilitation.

Of the 201 homes identified in 2017, only about 10% remain vacant.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

FEMA Major Disaster Declaration – Hoopa Valley Severe Winter Storms and Mudslides

FEMA Alert
April 25, 2023

FEMA has issued a Major Disaster Declaration for the Hoopa Valley Indian Reservation to supplement tribal recovery efforts in areas affected by severe winter storms and mudslides from February 14 – March 5, 2023.  The following areas have been approved for assistance:

Public Assistance:

  • Hoopa Valley Indian Reservation

 

Hoopa Valley Severe Winter Storms and Mudslides (DR-4707)

President Joseph R. Biden, Jr. Approves Major Disaster Declaration for the Hoopa Valley Tribe

Map of Affected Area

List of Affected Zip Codes

Please note:  Only properties located in the Hoopa Valley Indian Reservation are approved for assistance under declaration DR-4707-CA.

 

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

Black Knight: US Mortgage Delinquency Rate Dropped Below 3% in March

Industry Update
April 24, 2023

Source: Mortgage Orb

The national mortgage delinquency rate dropped to 2.92% in March, a decrease of 15% compared with February and a decrease of 13.2% compared with March 2022, according to Black Knight’s First Look report.

It was the first time on record that the national delinquency rate dropped below 3%, Black Knight says.

What’s more, it was the second largest decline in 17 years.

As of the end of March there were roughly 1.539 million residential properties in some stage of delinquency (30 days or more past due but not in foreclosure). That’s down by about 272,000 compared with the previous month and down about 209,000 compared with a year ago.

Roughly 511,000 properties were in serious delinquency (90 days or more past due but not in foreclosure), down 51,000 compared with February and down 331,000 compared with March 2022. That’s the lowest level since March 2020, with volumes shrinking in every state, Black Knight says.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

FEMA Major Disaster Declaration – Oklahoma Severe Storms, Straight-line Winds, and Tornadoes

FEMA Alert
April 24, 2023

***UPDATED 5/11/23***

FEMA has issued a Major Disaster Declaration for the state of Oklahoma to supplement state, tribal and local recovery efforts in areas affected by severe storms, straight-line winds, and tornadoes from April 19-20, 2023.  The following areas have been approved for assistance:

Individual Assistance:

  • Cleveland
  • McClain
  • Pottawatomie

Public Assistance: 

  • McClain
  • Pottawatomie

 

Oklahoma Severe Storms, Straight-line Winds, and Tornadoes (DR-4706-OK)

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

Map of Affected Areas

List of Affected Zip Codes

 

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 Major Disaster Declaration – Texas Severe Winter Storm

FEMA Alert
April 21, 2023

***UPDATED 5/25/23***

FEMA has issued a Major Disaster Declaration for the state of Texas to supplement state, tribal and local recovery efforts in areas affected by a severe winter storm from January 30 to February 2, 2023.  The following areas have been approved for assistance:

Public Assistance:

  • Anderson
  • Bastrop
  • Blanco
  • Burleson
  • Burnet
  • Comal
  • Falls
  • Franklin
  • Gillespie
  • Hays
  • Henderson
  • Hopkins
  • Kendall
  • Kerr
  • Kimble
  • Lee
  • Leon
  • Limestone
  • Milam
  • Red River
  • Roberston
  • Travis
  • Williamson

 

Texas Severe Winter Storm (DR-4705-TX)

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

Map of Affected Areas

List of Affected Zip Codes

 

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

Homes MKE: Milwaukee Initiative to Renovate City-owned Properties

Industry Update
April 19, 2023

Source: fox6now.com

Milwaukee elected officials and leaders on Wednesday, April 19 formally kicked off the Homes MKE initiative.

“This program aims to renovate up to 150 vacant, distressed houses in the city’s inventory of tax-foreclosed residential properties and add them back to the tax role and return them to productive use,” said Lafayette Crump, Milwaukee’s commissioner of city development.

Mary Jackson lives in the Milwaukee’s Lindsay Heights neighborhood. She said, when she walks outside, she sees a lot of boarded-up houses.

“I’m tired of looking at the houses that have been burnt down or nobody living in there,” said Jackson.

While taking on a fixer-upper is no small task, city leaders are stepping up to help and try to transform some of Milwaukee’s poorest neighborhoods.

“I knew many of these properties were quality properties, they had great bones,” said Ald. Bob Bauman.

Homes MKE initiative is underway with the help of funds from the American Rescue Plan. Fifty of the 150 homes set to be renovated are either in or near Lindsay Heights.

“Too many people have not had the opportunity to own a home,” said Ald. Michael Murphy.

The city wants to change that.

“This is all about partnerships,” Murphy said. “These homes are now going to serve as places for people to generate real wealth. As we all know, the reality is for most Americans, their largest asset is a home. And for all too long in our city, too many people have been left out of that equation.”

“They might find out that their housing cost is lower than what they are paying in rent, and we now have first time homebuyers rather than a renter in the same neighborhood,” Bauman said.

For full report, please click the source link above.

 

 

 

 

 

 

 

 

 

 

 

City of Houston Announces Demolition Initiative

Industry Update
April 19, 2023

Source: theleadernews.com

A city of Houston initiative that aims to take down buildings deemed as presenting a danger to public safety kicked off last week.

On April 15, Mayor Sylvester Turner and other city officials kicked off the city’s 2023 demolition initiative, which the city said is aimed at removing 300 buildings citywide that the city’s department of inspections have deemed as dangerous by the end of the year.

“My top priority is to ensure that our neighborhoods are safe and livable,” Turner said in a news release.  “This means tackling the problem of abandoned buildings that degrade our neighborhoods, harbor vagrancy and crime, and pose real safety concerns for residents.”

According to the city, nearly 130 “residential dangerous” structures have been demolished so far this year, with plans for more than 100 more by the end of the year. A number of such buildings reside in underserved neighborhoods including the city’s 10 Complete Communities, according to the city, among them Acres Homes and Near Northside.

For full report, please click the source link above.