Rent or food — you pick
In August 2021, the typical U.S. renter household spent 30.3% of its income on rent, just over the 30% threshold at which a household is considered rent burdened.
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Tag: Department of Housing and Urban Development (HUD)
HUD kills fair housing
Fair housing is an integral part of the system that makes up our housing market.
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Brokerage Reminder: HUD advertising guidelines and the Fair Housing Poster
Stay informed on real estate advertising guidelines and the fair housing poster issued by the Department of Housing and Urban Development.
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Letter to the editor: Occupancy limitations for rental properties
We explain the rules landlords need to follow when deciding the number of occupants in their rental properties.
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Letter to the editor: What are the rights of a tenant with a service or support animal?
Landlords are prohibited from discriminating against a disabled tenant who uses a service dog.
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HUD steps back from its fair housing goals
HUD proposes big changes to its mission.
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A Broker’s Use of the Fair Housing Poster
Covers: The Fair Housing Poster; Failure to follow HUD guidelines; Defense against a fair housing lawsuit.
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HUD kills San Francisco preferential housing plan for minority residents
HUD’s denies San Francisco’s neighborhood preference plan, which was designed to preserve minority residence endangered by high housing costs.
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Investment company ponies up millions to preserve Bay Area affordable housing
Affordable housing preservation investors swoop in to save the day for residents of existing affordable housing units throughout the state — but the altruistic projects do nothing to alleviate the housing supply crisis.
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Fair Housing now prohibits bans on tenants with criminal history
The Department of Housing and Urban Development (HUD) recently released new guidance for the Fair...
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May a HUD rental agreement require a California landlord to provide a breaching tenant with a 30-day notice to quit when the state’s minimum requirement calls for a three-day notice?
A tenant and landlord enter into a U.S. Department of Housing and Urban Development (HUD) rental agreement. The agreement prohibits the tenant from disturbing the rights and comforts of other tenants.
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L.A. families fall behind rising cost of living
57% of Los Angeles’ population lives below an adequate standard of living.
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FHA tightens the reins on reverse mortgage lending — again
FHA reverse mortgage applicants now have to prove they can carry property costs.
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HUD spending well below other housing subsidies – but it’s still important
The federal government’s investment in homeownership extends far beyond HUD.
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FHA’s new program to save homebuyers money, decrease defaults
Is housing counseling the solution for delinquencies? The FHA thinks so.
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FHA reduces loan limits; NASA confirms sky still aloft*
Lower FHA limits: no reason to panic.
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Even with new forms, borrowers must protect themselves
Even with the CFPB’s vastly improved mortgage disclosures, double apping is still the way for borrowers to get the best deal.
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Mortgage loan brokers: What to know about “know before you owe”
We dissect the CFPB’s new forms and offer a solution to their shortcomings.
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City or suburbia? HUD has the answers.
The Department of Housing and Urban Development (HUD) has unveiled an online calculator that informs homebuyers how affordable living in a particular neighborhood is for their transportation habits.
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FHA fast tracks Millennium Boom casualties into homeownership
Homeowners negatively impacted by the Millennium Boom may gain access to FHA-backed financing earlier than anticipated. FHA-insured financing is a critical artery that funnels money to homebuyers, and by extension, California agents. More homebuyers with access to purchase-assist funds equal more fees for agents in the wake of the housing crisis.
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