Nation: HUD Proposes Condo Rule

When H.R. 3700, the “Housing Opportunity Through Modernization Act,” was signed into law earlier this year, the Department of Housing and Urban Development was given notice that they had 90 days to weigh in on regulations related to Federal Housing Administration financing for condominiums before changes automatically went into effect. These included rules regarding owner-occupancyContinue reading “Nation: HUD Proposes Condo Rule”

NAR on Rural Housing

The Senate Agriculture Subcommittee on Rural Development and Energy held a hearing on “USDA Rural Development Programs and their Economic Impact Across America.”  NAR sent a letter to the Subcommittee stressing the importance of rural housing programs, and urging them to make them more accessible.  Specifically, NAR asked them to support Senate passage of H.R.Continue reading “NAR on Rural Housing”