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DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

DOJ in $38 Million Settlement with Los Angeles Over Non-Compliance of HUD Accessibility Requirements

by Phil Hall | Sep 3, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The U.S. Department of Justice (DOJ) announced a $38.2 million settlement with the City of Los Angeles to resolve allegations of intentionally failing to meet federal accessibility requirements related to Department of Housing and Urban Development (HUD) grant funds...
New Home Sales Up, But Questions on Federal Data Arise

New Home Sales Up, But Questions on Federal Data Arise

by Phil Hall | Aug 23, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sales of new single-family houses in July were at a seasonally adjusted annual rate of 739,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This marked a 10.6% spike from the revised June rate of...
Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning

Former DC Housing Authority Director Files Lawsuit, Claiming She Was Harassed Into Resigning

by Phil Hall | Aug 15, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

The former director of the DC Housing Authority (DCHA) who resigned last year has filed a lawsuit against the agency, its board and a city council leader, arguing she was forced to step down from her job due to a “pattern of reprisal and retaliation.” The Washington...

HUD Launches New Initiatives to Expand Affordable Housing

by Phil Hall | Aug 13, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The U.S. Department of Housing and Urban Development (HUD) has announced three initiatives focused on affordable housing creation. HUD has teamed with the U.S. Department of the Treasury on new actions designed to ensure greater interest rate certainty for state and...
Hits and Misses for the Real Estate Week of Aug. 5-9

Hits and Misses for the Real Estate Week of Aug. 5-9

by Phil Hall | Aug 9, 2024 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, WRE News Exclusive

An office building that sold at a tremendous loss, a community of 3D printed homes and Gavin Newsom cleaning up Los Angeles. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 5-9. Miss: Who Wants to Buy a Cheap Office...
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