Center for Community Progress
JUNE 6, 2022
At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. In 2006, the Ohio General Assembly passed this legislation. Everything seemed to work as planned—until 2008.
Community and Economic Development Program of UNC
DECEMBER 9, 2022
Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Over 225 CLTs have developed since their inception in the 1960s (Grounded Solutions Network 2021), and fifteen states have some version of a positive law supporting CLT formation and affirming CLT legality in their state (Decker 2018).
Community and Economic Development Program of UNC
MAY 17, 2022
Only the General Assembly is authorized to create property tax exemptions, and when that legislative body creates exemptions they must apply uniformly across the state. Assume Tina Tarheel is 67, earned $30,000 in 2021, and has lived in her home for 15 years. In 2008, the General Assembly added a provision to G.S.
The Stoop (NYU Furman Center)
JUNE 10, 2024
23 There has even been legislation proposed in Congress to legally require the tri-merge report, 24 overriding the FHFA’s proposed reform. The FHFA, from its founding in 2008 to 2021, was an independent regulator. 33 However, the FHFA lost its independence in 2021 and is now under the control of the White House.
The Stoop (NYU Furman Center)
MARCH 10, 2023
2 In November of last year, the Federal Housing Finance Agency (FHFA), the regulator and conservator of the two companies, issued its annual report on their G-fees (the G-fee Report), covering calendar year 2021. 3 In that report, the FHFA disclosed that the average G-fee across all products was 0.46
The Stoop (NYU Furman Center)
JANUARY 27, 2022
The New York State Accessory Homes Act was introduced in February 2021 by New York State Senator Pete Harckham and Assembly Member Harvey Epstein to legalize the creation of accessory dwelling units statewide, in order to create more diverse and affordable housing options. times from 1990 to 2018. Additional Viewpoints.
The Stoop (NYU Furman Center)
APRIL 3, 2023
However, this can be hard to discern at times due to inflation and property values benefitting from continuing expenditures to maintain them, and especially during strongly price-appreciating markets (such as the pandemic-distorted years of 2020 and 2021); nevertheless, it is true over the long-term. 18] See the article from September 2018.
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