Supports 150 new affordable rentals to rehabilitated Silverado Manor. The Department of Housing and Urban Development (HUD) finalized a $37 million transaction with Reno, Nevada, this month, supporting…
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Treasury Offers $498 Million to Low-Income Housing Projects
The funding will provide long-term fixed-rate capital for large-scale construction. The Treasure Department announced $498 million in fixed-rate capital for housing in low-income urban, rural, and Native communities,…
Read MoreHUD Charges New Hampshire Landlord for Unlawfully Seeking Eviction
The property manager conducted a background check on long-term tenant after a fair housing complaint. The Department of Housing and Urban Development (HUD) has charged a New Hampshire…
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Labor Department Documents Mixed Inflation Cues in August Report
The department also released employment numbers, which missed projections. In its monthly inflation report released Wednesday, the Department of Labor found that the consumer price index increased 0.2…
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President Proposes Plan to Curb Corporate Landlord Pricing
He urges Congress to support legislation to cap annual rate increases at 5 percent. This week, President Joe Biden proposed a legislative plan that would have to be…
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Treasury Secretary Expects Rent Costs to Go Down This Year
She says she regrets saying inflation was “transitory.” Secretary of the Treasury Janet Yellen shared this week that she believes rent prices will go down overall for the…
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Labor Department Reports Spike in Consumer and Housing Prices
Economists attribute increases to customary January surges. The Labor Department reported a spike in consumer prices in January, noting particular increases in food prices and rent prices. The…
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Legislation Introduced to Address Rent Price Fixing
Senator Wyden calls the software a “collusion… to charge above-market rent.” Senators Ron Wyden of Oregon, Amy Klobuchar of Minnesota, and Peter Welch of Vermont have introduced legislation…
Read MoreTreasury Secretary Says Prices Are Not Coming Back Down
She says that the economy continues to defy recession. During a speech in Boston in early January, Treasury Secretary Janet Yellen said inflation was cooling and that, in…
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HUD Releases Report on Homelessness
2022 numbers reach record levels as gains against homelessness made before the pandemic have reversed. The Department of Housing and Urban Development released a report that shows that…
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