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Two years ago, Missouri State House Representative Kevin Windham began asking questions to try to understand why there were so many vacant and abandoned properties in the communities he represented in suburban St. Louis County Board of Realtors, a housingadvocacy nonprofit, legal aid, local elected and government officials, and residents.
81 percent of land banks consider supporting the creation of affordable housing a top priority. Increasingly, land banks have been called on to respond to growing housing affordability needs. Land bank funding mechanisms vary widely by state and local legislation. Key Takeaways Affordable housing emerged as a top priority.
Across the country, small and rural communities grapple with economic challenges and an aging housing stock that leads to similar outcomes: a flood of VAD properties that threaten the health, safety, and resilience of these residents. CP: You played a key role in advocating for West Virginia’s land bank-enabling legislation.
Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. the legislation establishing them). 5 The similar key behaviors exhibited by both F&F and the FHLBanks should not come as a surprise.
In her current role, Katelyn leads LiveOn NY’s policy, advocacy, and communications efforts on issues related to affordable senior housing, senior centers, home-delivered meals, home care, and other services for older New Yorkers. Opening and closing music: "I Dunno" by Grapes, used under Creative Commons 3.0
When Congress passes and the President signs major legislation, federal agencies must translate it into practical action to ensure its goals are realized. A Q&A with leaders who implement major investments We compiled reflections and recommendations from our interviews with leaders of major investment initiatives.
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 blocking has been enabled by extensive political advocacy and lobbying, especially aimed at elected members of Congress and state legislatures, and stands out for how effective it has been.
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 Federal Housing Finance Agency (FHFA), the regulator and conservator of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), has been very prominently in the news lately. The changes then became the subject of hearings and legislation in the Republican-controlled House of Representatives to reverse the changes.
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.
The possibility of a GSE conservatorship exit has sparked considerable media attention, particularly in housing and mortgage industry circles. Is the not-yet-nominated director of the Federal Housing Finance Agency (FHFA) the key to conservatorship exit? Separately, Trump II has the ability to directly reshape GSE mortgage policies.
When we travel, we like to visit house museums. For example, the Woodford Mansion in Philadelphia is really cool, and Savannah has many different house museums that you can visit, the most notorious being the Mercer-Williams House. Los Angeles has just reopened the Hollyhock House. Most cities have at least one.
Many Earth Day events are organized around tree planting events organized by local and state tree advocacy groups. Texas lawmakers are taking on cedar allergies during the 89th Legislative Session. Two bills, House Bill 3798 and Senate Bill 1927, aim to prevent a city from prohibiting the removal of an Ashe Juniper tree.
Some Republicans may balk at some details, but the major thrusts replicate those in budgets the House has passed ever since Republicans gained control in 2010. If the House and Senate can then agree on a resolution, the actual spending and/or tax cuts need only a majority vote in the Senate. Government 101 than perhaps any of you need.
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