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FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas

FHA Extends Foreclosure Moratoriums in Hurricane Impacted Areas

by Phil Hall | Apr 8, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing and Urban Development (HUD) Secretary Scott Turner announced the Federal Housing Administration (FHA) is extending its foreclosure moratoriums on FHA-insured single-family mortgages in areas impacted by Hurricanes Helene and Milton by an additional 90 days....
HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement

HUD Rejects Asheville Hurricane Relief Aid Plan Over DEI Criteria in Funds Disbursement

by Phil Hall | Mar 12, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has temporarily rejected a draft action plan submitted by the City of Asheville, North Carolina, because it proposed using Diversity, Equity and Inclusion (DEI) criteria for distributing Hurricane Helene disaster...
Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes

Tennessee Homeowners Impacted by Hurricane Helene to Receive 130% Refund on Property Taxes

by Phil Hall | Feb 14, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tennessee Gov. Bill Lee has signed a bill that will provide a 130% refund of property taxes to homeowners whose residences were either damaged or destroyed by Hurricane Helene. WSMV.com reports the legislation was unanimously passed by both the Tennessee House and...
North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims

North Carolina Governor Expedites Purchase of Temporary Housing for Hurricane Victims

by Phil Hall | Jan 3, 2025 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

North Carolina’s newly-sworn-in Gov. Josh Stein signed an executive order that will enable the state to expedite the purchase up to 1,000 temporary housing units for Hurricane Helene victims. WUNC reported the executive order was Stein’s first official act as...

HUD Announces New Disaster Assistance Initiatives

by Phil Hall | Dec 6, 2024 | Market Snapshot, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Housing and Urban Development’s (HUD) has announced two initiatives to help households impacted by disasters. HUD has extended the foreclosure moratoriums for Federal Housing Administration (FHA)-insured Single Family Title II forward and Home...
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