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The Equal Credit Opportunity Act of 1974 and Community Reinvestment Act of 1977 helped with discrimination in mortgage lending and lenders' problems with credit needs. [20] The Fair Housing Amendments Act of 1988 was passed to give the federal government the power to enforce the original Fair Housing Act to correct past problems with ...
Recipients of the voucher/certificate contribute 30% of their income to paying the rent and the government subsidizes the difference. The program is not only less costly because it relies on the existing housing market, but also more likely to offer affordable and quality housing to participants.
An analysis by the Aspen Institute indicated between 19 and 23 million, or 20 percent of renters, were at risk for eviction by the end of September, 2020; [19] a separate July 2021 United States Census Bureau survey projects 7 million households unable to pay rent and at risk of eviction, with a potential 3 million eviction filings in the next ...
Rent prices rose 7.45% year over year in November, according to the latest available data from the Rent Report, the slowest annual rise over the last 15 months. Still, this increase is more than ...
In a rent strike, a group of tenants agree to collectively withhold paying some or all of their rent to their landlords en masse until demands are met. This can be a useful tactic of final resort for use against intransigent landlords, but can carry risks for the tenants, such as eviction , lowered credit scores , and legal consequences.
The Siriannis refused to buy a home at 771 Allison Court after learning the property's deed provided a right of first refusal, (ROFR) to an earlier owner's children and a family trust.
The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay it. Consumers aren't cutting back enough to cause an economic downturn.
City of Berkeley Rent Stabilization Board, [217] the First District Court of Appeals interpreted Costa–Hawkins in the context of an evidentiary presumption in Berkeley's rent ordinance that presumes that, where a tenant has moved out after a termination notice, the tenant moved out because of the notice. One accepted way for a landlord to ...