Industry News

New Executive Orders on Evictions, Foreclosures, Payroll Tax and Unemployment Compensation

Over the weekend, President Trump issued three COVID-19 related executive orders (EO) on “Deferring Payroll Tax Obligations,” “Providing Assistance to Renters and Homeowners” and “Other Needs Assistance Program.” The presidential action comes as Congressional and White House negotiations over the next COVID-19 aid package have stalled.

HUD to Resume REAC Inspections in October

HUD announced that it will begin Real Estate Assessment Center (REAC) inspections of HUD multifamily and public housing properties and units later this year. REAC will prioritize inspections in states and localities based on the latest COVID-19 data from Johns Hopkins University and health risk scoring methodology from the Harvard Global Health Institute.

COVID-19 Housing Provider Survey Due Aug. 18

The National Leased Housing Association (NLHA) has formulated a survey to collect data to further inform what impact the pandemic is having (both short-term and long-term) on housing providers and the rental market. A report will be produced to assess the negative impacts of COVID-19 on rental housing providers, which will be widely distributed. The deadline for completion is Tuesday, August 18.

Member News

AU Associates Hosts Ribbon Cutting Ceremony for Lexington Senior Affordable Housing Development

Holly Wiedemann, founder and president of AU Associates and NH&RA Board Chair, Mayor Linda Gorton and Council member Josh McCurn held a ribbon cutting ceremony on August 10 to officially open Lexington’s newest affordable housing development for seniors, Meadowthorpe Landing.

Woda Cooper Rehabilitates 24-unit Maple Hill Apartments in Cadillac, MI

Woda Cooper Companies recently completed a $3.2 million rehabilitation of the 24 units at Maple Hill Apartments in Cadillac, MI. The substantial rehabilitation included new kitchens with ENERGY STAR appliances, new baths, new flooring, windows, doors and energy-efficient HVAC systems, plumbing, insulation, roofs, siding and landscaping plus more.

Related California Named California Developer of the Year

Related California was recently named Developer of the Year by the San Francisco Business Times. ​Related California continues to build best-in-class affordable and mixed-income developments throughout California via the strength of public-private partnerships.