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State and local policymakers around the country are working to address America’s severe housing shortage, by considering, and implementing, a wide range of policies in the hopes of increasing housing supply. These policies range from substantive revisions to zoning codes to procedural reforms to the land use approval process.
I went house-to-house with a clipboard documenting the conditions of vacant properties that dotted its beautiful brick streets. Ideally, families would once more be able to call these derelict properties home—but we were unsure exactly how to make that happen.
Just as a shaky foundation undermines even the sturdiest house, flawed data diminishes the value of the most advanced algorithms. AWS continually monitors the evolving privacy regulatory and legislative landscape to identify changes and determine what tools our customers might need to meet their compliance needs.
Manufactured housing (MH) has recently taken on a high profile among affordable housing advocates, including in the Biden administration. As a result, the search for ideas to increase the usage of MH has been building given the critical affordable housing shortage that has grown for many reasons over at least the last decade.
Introduction The high level of closing costs has been placed onto housing policy’s front burner by two recent events. This could significantly increase affordability, especially for FTHBs, and make housing transactions generally more cost-effective for both buyers and sellers. 3 In the modern era, U.S. labor force of 168 million.
This report—produced by the NYU Furman Center and the Urban Institute’s Housing Justice team—uses a mix of public and proprietary data to better understand where those vulnerabilities might lie in New York City. 6 At the same time, the City’s Zoning Resolution (ZR) continues to evolve in response to housing needs.
The average guarantee fee (G-fee) of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), who currently finance about half of the nearly $13 trillion of outstanding first-lien single-family mortgages in the country, 1 is among the most closely-watched numbers by housing finance policymakers and the mortgage lending industry.
As the local government minister, Jim McMahon, told the House of Commons last week: When we talk about important community assets, we see from an economic point of view that it is far better for them to be used and be productive, but we also recognise that they are hugely important to community identity and pride.
Introduction The most discussed topic in housing finance policy in the last few months has been whether and when the second Trump administration (Trump II) might end the conservatorships of Fannie Mae and Freddie Mac (F&F), the two large government-sponsored enterprises (GSEs). That portfolio peaked at over $1.5
This week, September 6 to be exact, marks the fifteenth anniversary of Freddie Mac and Fannie Mae – the two government-sponsored enterprises (GSEs) - being placed into conservatorship by the Federal Housing Finance Agency (FHFA). [1] In the end, none were successful.
on Treasury and Federal Housing Finance Agency Action to Protect Financial Markets and Taxpayers” announcing that the GSEs had just been placed into conservatorship, in which he referenced “…the inherent conflict and flawed business model embedded in the GSE structure…” See [link]. Paulson, Jr.
This legislation included a substantial "crack" in the over 70-year-old, court-imposed Feres doctrine, which barred tort claims by military members against the United States for injuries incurred incident to service. The provision also sets a two-year statute of limitations except for 2017 injuries that are filed in 2020.
Introduction Since the election of Donald Trump to his second term (Trump II) last November, the most debated topic in housing finance is whether and when his administration might take Fannie Mae and Freddie Mac (F&F) out of conservatorship. [1] An exit from conservatorship can occur through legislation or administrative means.
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