Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading

HUD to lay off approximately 4,800 employees under Trump plan

The U.S. Department of Housing and Urban Development will eliminate half of its workforce as part of the Trump administration’s latest effort to reduce federal costs, it announced Thursday. Continue reading

Name change, budget cuts at top of HUD secretary’s list

Department of Urban Housing and Development Secretary Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent. Continue reading

Senate confirms Scott Turner as HUD secretary in 55-44 vote

Former Texas state representative and NFL star Scott Turner will now lead the Department of Housing and Urban Development after being confirmed in a Senate vote of 55-44. Continue reading

Will HUD Secretary Scott Turner be good for housing?

Broker and former U.S. Senate legislative correspondent Cara Ameer offers issue-by-issue analysis of the confirmation hearing for Scott Turner, newly confirmed as HUD Secretary. Continue reading

Potential Trump grants freeze undermines the American dream

The potential economic and market impacts of federal job layoffs and a pending grants freeze could last for generations, Rachael Hite writes. Continue reading

Housing advocates navigate the ‘terror’ of potential funds freeze

Housing advocates share how they’re helping tenants navigate the confusion about President Trump’s federal funds freeze, which is currently on hold until Feb. 3. Continue reading

‘If you’re a Realtor, you can’t be a NIMBY’: Joe Rand on affordability

Joe Rand, of Howard Hanna | Rand Realty, and Sean Roberts, CEO of Villa, advocated for the acceptance of smaller homes built off-site as a solution to the inventory crisis. Continue reading

Former HUD Secretary: We need big ideas on affordable housing

At her first ICNY appearance, former HUD Acting Secretary Adrienne Todman talked about missed opportunities to improve inventory and why it’s will — not funds — keeping the U.S. from solving the affordable housing crisis. Continue reading

American Real Estate Association absorbs NYC trade group

The integration with the New York Residential Agent Continuum paves the way for the organization’s first local chapter while turning up the heat on its rivalry with the National Association of Realtors. Continue reading