Property Management News
Key Takeaways California’s new $80M rebate program offers incentives for low- and moderate-income homeowners and multifamily building owners to electrify their properties. Rebates range from $700 to $8K per unit for multifamily housing and up to $8K for single-family homes, depending on household income. The program supports California’s broader push to reduce greenhouse gas emissions and improve climate resilience by decarbonizing buildings. According to KTLA, California has launched an $80M rebate initiative to encourage energy-efficient upgrades in homes and multifamily buildings, part of the state’s ongoing efforts to decarbonize its building sector. Program Details The... Read more
California has 1.07 million households paying at least $3,000 a month to a landlord, and that flock has more than doubled in four years. My trusty spreadsheet looked...
California Gov. Gavin Newsom recently signed both AB 2493 and AB 2801, aiding renters in both their search for a new abode and departures from current apartments. AB...
There were 21 states where a majority of tenant households spent 30% or more of their incomes on rent and utilities last year, compared with just seven states in...
Key Takeaways Rent costs grew the most since 2011 last year and nearly four times as much as the year prior, according to the Census Bureau. Rent grew more than home...
The Fair Housing Act is a civil rights law that protects people from discrimination in housing. It was signed into law by President Lyndon Johnson on April 11, 1968, as Title VIII of the Civil Rights Act of 1968. The act covers most housing, including private, public and federally funded housing. Administered by the U.S. Department of Housing and Urban Development (HUD), the Fair Housing Act protects people from discrimination when they are renting or buying a home, getting a mortgage, seeking housing assistance, or engaging in other housing-related activities. Under the Fair Housing Act, the Section 8 Housing Choice Voucher Program is a federal program that helps low-income... Read more
Key Takeaways Philadelphia’s eviction diversion program requires landlords to negotiate with tenants out of court, contributing to 41% fewer eviction filings compared...
About one-third, 33.2%, of landlords offered at least one rent concession in July, according to Zillow Group. The median asking rent prices for apartments in one- to...
The U.S. Department of Housing and Urban Development (HUD) on Monday announced a new $175 million notice of funding opportunity (NOFO) under its Continuum of Care...
If you’re one of the 52% of Americans who think the economy is poised for a big rebound next year, you’re probably already looking for investment opportunities....
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