Rents

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OMHAR Gets a Second Chance

Despite intense criticism from local project sponsors and governments, Congress decided to continue to entrust the job of restructuring the nation’s stock of older assisted housing to a fairly new federal organization known as Office of Multifamily Housin More

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HUD Releases Draft of Bill for Rental Housing Initiative

The Department of Housing and Urban Development (HUD) has released a draft of its... More

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HUD Submits Bill to Congress on TransformingRental Assistance

The Department of Housing and Urban Development (HUD) submitted the Preservation, Enhancement, and Transformation of Rental Assistance Act of 2010 (PETRA) to Congress on May 11.  More

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Homes in Many Markets Remain Unaffordable forWorkers

For many American workers, a median-priced home remains unaffordable even as home prices and interest rates have dropped over the past year. More

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HUD Proposes Important Changes in Sec. 8 RenewalProcess

On Feb. 22, the Department of Housing and Urban Development (HUD) announced that while it is considering changes to the Sec. More

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The AMI Effect

Lloyd Boggio doesn’t mince words when he talks about the Department of Housing and Urban Development’s (HUD’s) decision to recalculate area median incomes (AMIs) in 2007 using a new methodology. More

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AMI Figures Plummet, Freeze Rents

Say what you like about purchasing power, but average dollar incomes mainly increase. More

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Permanent Housing for the Homeless Fills a Gapin Minnesota

MINNEAPOLIS - Many homeless veterans in this Midwestern city had nowhere to go... More

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Signs of Trouble

It is challenging enough to own and manage multifamily assets in this era when rental increases are marginal and expenses such as real estate taxes, property insurance, utilities, payroll, and other variable costs continue to increase. Dealing with rent delinquencies only makes matters worse. More

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Mixed-Income Goes Hollywood

Hollywood, Calif.— Legacy Partners broke ground on a new apartment tower in the heart of Tinseltown in February. More

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