Multifamily

FHFA Extends COVID-19 Multifamily Forbearance Indefinitely

Filed in Disaster Response, Housing Finance, Multifamily by on September 24, 2021 0 Comments
FHFA Extends COVID-19 Multifamily Forbearance Indefinitely

The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to the continued tenant protections FHFA has imposed during the pandemic.

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August Housing Starts Lifted by Multifamily Development

Filed in Economics, Multifamily by on September 21, 2021 1 Comment
August Housing Starts Lifted by Multifamily Development

Strong multifamily production helped push overall housing starts up in August as single-family starts edged lower due to ongoing supply chain issues and labor challenges.

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Exterior Elements Add Interest, Continuity to Luxury High-Rise Development

Filed in Awards, Multifamily by on September 7, 2021 0 Comments
Exterior Elements Add Interest, Continuity to Luxury High-Rise Development

The Bozzuto Group and Harbor East Management Group partnered with Hickok Cole to design a new exclusive waterfront property in Baltimore. The result is Liberty Harbor East — the Best High-Rise Apartment Community for the 2020 Multifamily Pillars for the Industry Awards.

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Supreme Court Strikes Down CDC Eviction Moratorium

Filed in Disaster Response, Legal, Multifamily by on August 27, 2021 0 Comments
Supreme Court Strikes Down CDC Eviction Moratorium

The U.S. Supreme Court issued a 6-3 decision last night that said it was unlawful for the Centers for Disease Control and Prevention (CDC) to unilaterally extend its eviction moratorium through Oct. 3, 2021.

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Treasury Announces 7 Steps to Expedite Emergency Rental Assistance

Filed in Advocacy, Housing Affordability, Multifamily by on August 25, 2021 16 Comments
Treasury Announces 7 Steps to Expedite Emergency Rental Assistance

Congress has appropriated $46.5 billion for emergency rental assistance but state and local governments have only distributed less than $6 billion to date. These guidelines announced by Treasury are designed to streamline the application process and make it easier for renters and landlords to get help.

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Multifamily Construction Sentiment Declines in Second Quarter

Filed in Economics, Multifamily by on August 19, 2021 1 Comment
Multifamily Construction Sentiment Declines in Second Quarter

Confidence in the market for new multifamily housing decreased in the second quarter, according to results from the Multifamily Market Survey (MMS) released today by NAHB.

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HUD, FHFA Team to Advance Fair Housing and Fair Lending Enforcement

Filed in Housing Finance, Multifamily by on August 12, 2021 0 Comments
HUD, FHFA Team to Advance Fair Housing and Fair Lending Enforcement

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA) today entered into a first-of-its-kind collaborative agreement regarding fair housing and fair lending coordination.

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NAHB Opposes New CDC Eviction Moratorium; DOJ Affirms NAHB Members are Exempt

Filed in Disaster Response, Multifamily by on August 3, 2021 4 Comments
NAHB Opposes New CDC Eviction Moratorium; DOJ Affirms NAHB Members are Exempt

The Centers for Disease Control today announced a new eviction moratorium targeted for U.S. counties “experiencing substantial and high levels of community transmission levels” of COVID-19. NAHB opposes the new order and instead encourages states and localities to disperse the billions of dollars in federal funds still available to provide relief to renters.

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FHFA Announces Multifamily Tenant Protections

Filed in Disaster Response, Housing Finance, Multifamily by on July 28, 2021 4 Comments
FHFA Announces Multifamily Tenant Protections

The Federal Housing Finance Agency today announced that tenants of multifamily properties with mortgages backed by Fannie Mae or Freddie Mac who are subject to eviction for nonpayment of rent must be given 30 days’ notice to vacate before the tenant can be required to leave the unit.

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Award-Winning Development Targets Active Lifestyle with Key Amenities and Natural Appeal

Filed in 55+ Housing, Awards, Multifamily by on July 27, 2021 0 Comments
Award-Winning Development Targets Active Lifestyle with Key Amenities and Natural Appeal

Lawrence Group provided architectural design services for the multifamily project to appeal to vibrant, healthy 55+ residents who want to lead an active lifestyle centered on wellness and one-of-a-kind experiences.

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