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Fannie Mae extends Positive Rent Payment pilot program through December 2024

Housing Wire

Fannie Mae announced on Tuesday that its Multifamily Positive Rent Payment (PRP) pilot program, originally scheduled to expire this year, has been extended through December 2024 in light of new survey data and an impact analysis.

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White House, HUD and CFPB detail new actions and priorities to protect renters

Housing Wire

Department of Housing and Urban Development (HUD), the Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) have all renewed their efforts to protect tenants renting in multifamily housing units as costs continue to climb, according to an announcement from the White House. “[HUD], HUD], the U.S.

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Fannie Mae and Freddie Mac expand plans for equitable housing

Housing Wire

Freddie Mac is incorporating special purpose credit programs (SPCPs), increasing the accessibility of accessory dwelling units (ADUs) and manufactured homes, and launching a correspondent lending program to assist smaller financial institutions with access to Freddie Mac’s multifamily financing.

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Holistic Sustainability Through Modular

GeekEstate

Starting with multifamily residential projects in New York City, Assembly OSM’s systems are flexible for project types as diverse as hotels, dormitories, healthcare facilities, factory housing, and office complexes, in a variety of geographies. Learn More The post Holistic Sustainability Through Modular appeared first on GeekEstate Blog.

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Converting the Garage

GeekEstate

The solution increases workforce housing, homeowner income, multifamily living and aging in place with income. The post Converting the Garage appeared first on GeekEstate Blog. Based on the garage dimensions, ADUs can be a studio, 1-bedroom, or 2-bedroom living unit with a full bathroom and kitchen. Interested in investing?

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Modern Convenience for Tenants, Protection for Owners

GeekEstate

An enterprise home automation company providing software and hardware for owners, property managers, and renters in multifamily communities, SmartRent is changing that. The post Modern Convenience for Tenants, Protection for Owners appeared first on GeekEstate Blog. Learn More.

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Outsourcing Property Management Pain

GeekEstate

Enter Latchel, a 24/7 maintenance service for property managers and landlords of SFR and low-density multifamily portfolios that diagnoses, troubleshoots, and dispatches contractors to fix emergencies that cause property damage. The post Outsourcing Property Management Pain appeared first on GeekEstate Blog. Learn More.