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The U.S. Senate Banking Committee voted 13-9 to approve bipartisan housing finance reform legislation based on The Housing Finance Reform and Taxpayer Protection Act of 2013.
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In an effort to strengthen the economy and increase the supply of affordable rental housing across the country, U.S. Sen. Tim Kaine joined a group of 32 U.S. senators in a letter urging the end the suspension of contributions to the National Housing Trust Fund (NHTF).
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Today, exactly 14 months after his Excellency convened the Housing Retreat in November 2014, President Goodluck Ebele Jonathan will launch the Nigeria Mortgage Finance Company (NMRC), signaling the beginning of a process that would finally increase opportunities for Nigerians to own their homes at an affordable price.
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Secure Futures, LLC, a developer of solar energy for non-profit institutions in education and other fields, announced today that it has completed installing a 34-kilowatt solar photovoltaic array on the roof of a low-income housing apartment building in Harrisonburg. This installation is the first solar energy system on low-income housing in the state of Virginia.
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U.S. Sens. Mark Warner (D-VA) and Bob Corker (R-TN) introduced bipartisan legislation today to strengthen America’s housing finance system by replacing the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac with a streamlined, privately-capitalized system that preserves market liquidity and protects taxpayers from bailouts during any future economic downturns.
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Secure Futures, LLC, a developer of solar energy for non-profit institutions in education and other fields, announced today that it has signed a 20 year solar services agreement with the Harrisonburg Redevelopment and Housing Authority (the “Authority”) to install, own and operate a solar photovoltaic project on the roof of a 60-unit low-income housing apartment building in Harrisonburg.
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Business groups with an axe to grind against the Obama administration, like the U.S. Chamber of Commerce and the National Federation of Independent Business, like to push the idea that “uncertainty” over government actions is the monkey on the economy’s back.
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Barbi Moon-Theado (left) and Laura K. Knowles (right) of Staunton-Augusta-Waynesboro Habitat for Humanity have completed the required coursework and testing this fall through the Virginia Association of Housing Counselors to achieve the status of Certified Housing Counselor.
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Recently, the story broke that foreclosures were at the lowest level since 2007. That sounds like great news—we’re finally cleaning up the mess from the real estate bubble. Except for one thing: RealtyTrac.com, a marketer of information on foreclosed real estate, noted in April that the number of short sales (where a bank allows an owner to sell for less than is owed on the mortgage) were up by 33 percent from last year
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Recently, I attended a community meeting hosted by faith leaders in Northern Virginia’s Prince William County that brought together more than 1,000 anxious homeowners and several leading mortgage lenders. Many other communities across Virginia also have experienced significant challenges as a result of the housing crisis. But Prince William County has led Virginia in foreclosures…
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