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Housing News
New National Protections for Renters in Foreclosed Properties – May 27, 2009
President Obama signed S. 896 on May 20, 2009. This bill includes a nationwide 90 day preeviction notice requirement for tenants in foreclosed properties. The provisions of the bill are effective on enactment, May 20, 2009. Specifically, the new law will require that...
CHAPA Announces Affordable Housing Outreach Initiative, Second Round – March 5, 2009
Click here to download the description and initial response form. (Word document)
Treasury Department Releases Details on Public Private Partnership Investment Program – March 23, 2009
March 23, 2009 - U.S. Department of the Treasury - Over the past six weeks, the Treasury Department has implemented a series of initiatives as part of its Financial Stability Plan that – alongside the American Recovery and Reinvestment Act – lay the foundations for...
Special Report: Wall Street in Crisis (knowledgeplex) – September 25, 2008
In this Special Report, knowledgeplex will provide ongoing coverage of the financial crisis and its effect on our economy and our communities. Read the special report here.
National Low Income Housing Coalition Releases 2009 Out of Reach Report – April 14, 2009
Despite the emphasis on homeownership and the marginalization of renters, renter households still make up fully one-third of the households in the United States — more than 36 million households. Out of Reach is a side-by-side comparison of wages and rents in every...
Emergency Economic Stabilization Act of 2008 – September 29, 2008
A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, and for other purposes. A...
MA Senate Passes Expiring Use Bill Unanimously – July 21, 2009
Please click here for text of the Bill.
HUD Issues Final Rule on Changes to Real Estate Settlement Procedures Act – November 13, 2008
On November 12, 2008, the U.S. Department of Housing and Urban Development issued long-anticipated mortgage reforms that will help consumers to shop for the lowest cost mortgage and avoid costly and potentially harmful loan offers. HUD will require, for the first time...
MHIC and State Agencies Seek Comment on NSP2 Application – July 6, 2009
Please click here for more information on the joint application.
New Treasury Guidelines for Homeowner Affordability and Stability Plan – March 4, 2009
U.S. Department of Treasury - The Obama Administration today announced new U.S. Department of the Treasury guidelines to enable servicers to begin modifications of eligible mortgages under the Administration's Homeowner Affordability and Stability Plan – announced by...