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Cherokee Nation engages in HUD housing program for skilled workers

Housing Wire

Department of Housing and Urban Development (HUD) program designed to allow for the construction of rental housing units is getting a new participant: the Cherokee Nation. The HUD program is a loan program that aids organizations in recruiting skilled workers for hard-to-fill or hard-to-recruit positions,” the announcement said.

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HUD issues $13.5M in affordable housing grants

Housing Wire

Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 Announced by Marion McFadden, HUD principal assistant secretary for community planning, at a Habitat for Humanity event in Nashville, the $13.5 million), while Washington, D.C.’s

Equity 329
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HECM program study assesses policy impacts of recent years

Housing Wire

“The bulk of losses came from loans that originated between 2006 and 2010,” the report stated. Various policies helped mitigate net losses to the program and unscheduled draws but not all policies worked as intended.” For non-borrowing spouses , the results were a bit more mixed.

Loans 314
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UWM names Andrew Hubacker its new CFO

Housing Wire

He became an interim principal financial officer in July 2022 following the death of Timothy Forrester. It also introduced a product that covers the cost of building a home, converting to a permanent mortgage once construction is complete. Hubacker joined the mortgage lender in October 2020 as chief accounting officer.

Principal 398
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HUD creates research grant to analyze office-to-residential conversions

Housing Wire

HUD will aim to support researchers as local communities, counties and states seek to find new solutions to housing shortages according to Solomon Greene, principal deputy assistant secretary for policy development and research at HUD.

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Compass Appoints Dawanna Williams, Founder and Managing Principal of Dabar Development Partners, to Board of Directors

Realty Biz

Williams currently serves as Founder and Managing Principal of Dabar Development Partners. Dawanna Williams is the Founder and Managing Principal of Dabar Development Partners – a real estate development firm that offers modern living solutions with intelligent planning, architectural ingenuity, and environmental integrity.

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The activities RESPA allows real estate agents to perform

Housing Wire

Construction-only loans. A loan is not wrapped under RESPA if it is a construction-to-permanent loan. Custom homes are frequently developed, and the site is used as security for a short-term construction loan to complete the project. However, RESPA applies to a construction-to-permanent loan inside one bundle.

Agents 359