Archives For: Industry Alert
City of Houston Announces Demolition Initiative
The city of Houston has started a new initiative that aims to demolish buildings that pose a threat to public safety.
19 Apr 2023
Homes MKE: Milwaukee Initiative to Renovate City-owned Properties
The city of Milwaukee has formally kicked off the MKE Initiative, aimed at renovating 150 vacant, distressed homes owned by the city into affordable housing.
19 Apr 2023
Share of Mortgage Loans in Forbearance Decreases to .55% in March
The MBA monthly Loan Monitoring Survey revealed that the total number of loans in forbearance has decreased to .55%, down from .6% the previous month.
17 Apr 2023
FEMA Major Disaster Declaration – Indiana Severe Storms, Straight-line Winds, and Tornadoes
FEMA has issued a Major Disaster Declaration for the state of Indiana to supplement state, tribal and local recovery efforts in areas affected by severe storms, straight-line winds and tornadoes from March 31 – April 1, 2023.
15 Apr 2023
FEMA Fire Management Assistance Declaration – Rhode Island Exeter Fire
FEMA has issued a Fire Management Assistance Declaration for areas of the state of Rhode Island affected by the Exeter Fire on April 14, 2023.
14 Apr 2023
FHA Seeks Feedback on Proposed Changes to Increase Access to Affordable Financing for Properties with Accessory Dwelling Units
FHA is working to update its requirements for insuring mortgages on single family homes with Accessory Dwelling Units to allow for more borrowers to qualify for financing.
13 Apr 2023
Cass County Blight Elimination Program to Demolish Eight Structures in First Round of Funding
The Cass County Land Bank Authority will use funds awarded by the passing of House Bill 5783 to fund the Blight Elimination Program, beginning with the restoration of 8 blighted properties.
13 Apr 2023
FEMA Fire Management Assistance Declaration – Kansas Haddam Fire
FEMA has issued a Fire Management Assistance Declaration for areas of the state of Kansas affected by the Haddam Fire on April 13, 2023.
13 Apr 2023
County Land Bank has Decade Worth of Success
Over a 10 year period, the Chautauqua County Land Bank has been able to successfully facilitate 118 properties and complete 172 demolitions.
12 Apr 2023
FEMA Major Disaster Declaration – Navajo Nation Severe Winter Storms and Flooding
FEMA has issued a Major Disaster Declaration for the Navajo Nation Reservation in Arizona to supplement tribal recovery efforts in areas affected by severe winter storms and flooding from January 14 – January 17, 2023.
11 Apr 2023