Search results
Results from the WOW.Com Content Network
The United States Housing and Economic Recovery Act of 2008 (commonly referred to as HERA) was designed primarily to address the subprime mortgage crisis.It authorized the Federal Housing Administration to guarantee up to $300 billion in new 30-year fixed rate mortgages for subprime borrowers if lenders wrote down principal loan balances to 90 percent of current appraisal value.
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
On January 1, 1937, [5] with hopes of making the RA more effective, the Resettlement Administration was transferred to the Department of Agriculture through executive order 7530. [5] In the face of Congressional criticism, in September 1937 [ 5 ] the Resettlement Administration was folded into a new body, the Farm Security Administration (FSA ...
The U.S. Department of Housing and Urban Development announced Thursday that it will change a rule that counts service-related disability benefits as income, often excluding veterans from housing ...
ILLINOIS (WCIA) — Governor JB Pritzker signed an executive order on Wednesday to help expand affordable housing for Illinoisians. The order will enlist agencies throughout the state to explore ...
Hawaii Housing Authority v. Midkiff , 467 U.S. 229 (1984), was a case in which the United States Supreme Court held that a state could use eminent domain to take land that was overwhelmingly concentrated in the hands of private landowners and redistribute it to the wider population of private residents.
(The Center Square) — From now on, economic and housing development will be tied more closely together in the commonwealth, according to the latest executive order from the governor. Gov. Glenn ...
Affirmatively Furthering Fair Housing (AFFH) is a provision of the 1968 federal Fair Housing Act [1] signed into law by President Lyndon B. Johnson.The law requires that "All executive departments and agencies shall administer their programs and activities relating to housing and urban development (including any Federal agency having regulatory or supervisory authority over financial ...