Sixty percent of non-homeowning millennials say student loan debt is delaying their ability to buy a house, according to a new National Association of Realtors (NAR) poll. NAR’s findings showed millennials are by far the most affected population among those burdened with high student debt.
The Department of Housing and Urban Development has charged a Florida homeowner association with discrimination because of disability. HUD alleged the company denied a reasonable accommodation request by failing to allow a couple to keep their shoes outside their unit to limit exposure to outdoor allergens, chemicals or pollutants.
The proposed rules will implement the Fair Chance in Housing Act, which Gov. Phil Murphy signed into law in June.
Households burdened by housing costs are more likely to need food assistance, according to a new analysis by the National Association of Realtors. The trade group’s Housing Affordability and Food Sufficiency report examined the connection between families that struggle with rent or mortgage payments and food insecurity.
House Financial Services Committee Chairwoman Maxine Waters has asked federal agencies and banking regulators to strengthen foreclosure and mortgage servicing protections for borrowers and provide greater oversight to prevent unnecessary foreclosures during the pandemic. Waters called on banking regulators to update their guidance to protect borrowers and provide strong oversight of mortgage servicers.
Existing-home sales rose in July, marking two consecutive months of increases, according to the National Association of Realtors (NAR). Meanwhile, the median existing-home price for all housing types in July rose nearly 18 percent from last year.
The Department of Housing and Urban Development is making $2.656 billion in Fiscal Year 2021 Continuum of Care Program competitive funding available to homeless services organizations across the country for supportive services and housing programs for people experiencing homelessness.
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