July 2018

HUD approves Puerto Rico's $1.5B recovery plan

U.S. Department of Housing and Urban Development Secretary Ben Carson recently announced HUD has approved a $1.5 billion disaster recovery plan aimed at helping Puerto Rican citizens recover from hurricanes Irma and Maria. Puerto Rico’s plan focuses primarily on the restoration of damaged and destroyed homes, businesses and infrastructure. Source:...

Senate passes flood insurance reform at 11th hour

Tuesday, the day the current National Flood Insurance Program was set to expire, the Senate passed yet another short-term extension of the program. But while the housing industry is pleased Congress did not let the current program expire, it also emphasized the need to create a long-term solution. Source:...

Public housing is now smoke-free nationwide

In 2016 the U.S. Department of Housing and Urban Development announced plans to ban smoking in all subsidized housing. Today that plan has been actualized, according to an article by Caitlin O'Kane for CBS News. Notably, public housing tenants must be informed of the smoking ban in their leases, and violators cannot be evicted for only one instance of smoking. Source:...

You Need an Agent Who Will Always Put You First

Whether you are a rookie homebuyer or have gone through the process many times, having a local real estate expert who is well versed in the neighborhood you are looking to move to, as well as the trends of that area, should be your goal while home shopping. One great example of an agent who is in your corner and is always looking out for your best interests is one of the main characters on ABC’s...

HUD receives scathing audit for oversight in soon-to-be ghost town

A new, scathing report from the Office of Inspector General puts HUD in the hot seat for its lack of action taken on the soon-to-be ghost town of Cairo, Illinois. The report explained the city’s deplorable conditions did not occur overnight. In fact, HUD had been aware of negative conditions since at least 2010. Source:...

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