Seventy new down payment assistance programs were launched across the country during the third quarter, according to a new data report from Down Payment Resource (DPR). This brings the total number of active assistance programs nationwide to 2,624. More than 2,000...
Bill Pulte has taken on a new role as part of his Federal Housing Finance Agency director – he is now doing investor relation pitches for a potential initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a series of posts on his...
A fire department in the Denver metro area is seeking a property tax hike to cover a projected $500 million budget shortfall over the next decade. CBS News reports the South Metro Fire Rescue serves nearly 600,000 residents in Arapahoe, Douglas and Jefferson counties....
Sacramento Mayor Kevin McCarty is proposing a property tax hike that will be used to finance new housing developments. CBS News reports McCarty unveiled his plan during his first State of the City address on Monday. The mayor is proposing to enact a fee that will be...
The city government for Charlotte, North Carolina, has selected 12 faith-based organizations to participate in a new affordable housing development initiative. The Charlotte Observer reports the city’s Faith in Housing initiative will provide the religious groups with...
META Development announced that sales on its latest project, Colette Residences in Miami’s South Brickell neighborhood, will begin on Nov. 12. The five-story, 38-unit property is being promoted as a “boutique residence” featuring two- to four-bedroom layouts with...