The Biden Administration on Wednesday announced a number of steps aimed at creating, preserving and selling to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the next three years, with an emphasis on the lower and middle segments of the market.
Tag: American Rescue Plan
Industry Briefs July 29, 2021
NotaryCam, Newport Beach, Calif., partnered with RUTH RUHL P.C., a Texas-based law firm, to add security and automation to the firm’s loss mitigation services through remote online notarization.
Cam Melchiorre: Rapid Rental Relief: The Problem and The Solution
It is imperative for technology providers to help navigate the way through the process that could, if not addressed, destabilize the housing industry.
#MBASPRING21 HUD Secretary Fudge Talks COVID, Infrastructure, Enforcement
A little more than a month ago, Rep. Marcia Fudge, D-Ohio, voted “yes” to approve the American Rescue Plan, a nearly $2 trillion initiative by the Biden Administration to support the economy. Now, as HUD Secretary, it’s her job to put key provisions of the legislation into action.
MBA, Industry Groups Urge Use of American Rescue Plan Funds for Renters, Small Businesses
The Mortgage Bankers Association led more than two dozen other industry groups in an Apr. 15 letter to state and local policy associations, urging them to allocate available American Rescue Plan federal funds to assist renters, consumer-facing small businesses and impacted industries that are having trouble paying rents, mortgages or remaining viable enterprises due to the COVID-19 pandemic.
The Biden Administration Infrastructure Proposal: What it Means
On Wednesday, the Biden Administration released its $2 trillion-plus American Rescue Plan, an ambitious proposal to invest in infrastructure, create jobs and position the U.S. to compete better globally—of which housing plays a central role.
MBA, Trade Groups Urge Housing Priorities in Relief Package
The Mortgage Bankers Association and more than a dozen industry trade groups sent a letter to leaders in Congress this week, urging them to include housing priorities in the next round of economic stimulus.
MBA, Trade Groups Ask Biden to Create $25 Billion Housing Assistance Fund
The Mortgage Bankers Association and nearly 40 industry trade groups, community organizations and real estate businesses yesterday asked President Joseph Biden Jr. to include a $25 billion Housing Assistance Fund as part of the Administration’s proposed $1.9 trillion pandemic relief package.