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Housing Market

Single-family investor restrictions take effect under ROAD Act

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New law bars institutional investors with 350 or more homes from buying additional single-family homes, with carve-outs for BTR.

Agent

What the ROAD to Housing Act means for agents, homebuyers

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Bill provisions encourage more housing production, cut regulation, expand financing opportunities and increase access to homeownership.

Housing Market

Trump didn’t sign it, but the 21st Century ROAD to Housing Act is now law

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The legislation, aimed at cutting red tape and making homeownership more attainable, is now the law of the land after President Donald Trump declined to sign or veto the bill before midnight Eastern time Saturday.

Policy

Duplexes and townhomes do not always make housing cheaper

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Not every housing policy labeled “affordable” is actually designed to make housing more affordable. That is the central sorun with today’s “missing middle” debate. Across the country, duplexes, triplexes, courtyard apartments, townhomes and small multifamily buildings are being promoted as the solution to America’s housing affordability crisis. The argument sounds clean and appealing: allow more […]

Policy

Florida county’s impact fees put new Live Local projects at risk

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Indianapolis-based apartment developer Milhaus started building an apartment project in Manatee County, Florida, under the state’s Live Local Act after securing its funding earlier this year. It may be one of the few to be built in the county, next to Sarasota, under the law, until lawsuits over a major increase in impact fees are […]

Mortgage

Former FHA Commissioner Frank Cassidy returns to Walker & Dunlop

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Frank Cassidy rejoined Walker & Dunlop after resigning from HUD, where he oversaw FHA’s $2 trillion portfolio and cut multifamily MIP.