Items Tagged with 'Habitat for Humanity'


  • HUD awards $10 million in "sweat equity" grants

    More than half the money going to Habitat for Humanity
    The Department of Housing and Urban Development announced this week that it is awarding $10 million in "sweat equity" grants to a group of nonprofit housing organizations. Sweat equity and volunteer labor may include landscaping, foundation work, painting, carpentry, trim work, drywall, roofing, and siding for the housing.
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  • Jimmy Carter: Trump administration ignoring affordable housing crisis

    Blasts HUD policies on low-income housing
    Former President Jimmy Carter says this country is in the midst of an affordable housing crisis, and something needs to be done about it. In an interview with CNBC this week, Carter said the Trump administration is ignoring the situation and urged voters to take a stand. "Low-income housing needs to be raised much higher as a priority for our country," Carter said.
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  • Message from housing finance groups: Congress must work on GSE reform

    Groups send joint letter to Mnuchin and Watt
    Initial talks from the Trump administration on reforming Fannie Mae and Freddie Mac are not happening as quickly as originally anticipated due to a growing backlog of things to accomplish in Washington D.C. Despite the slowed-down timeline, some of the biggest housing finance groups joined together to remind housing officials to stay focused on reform.
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  • From HW Magazine

    August Kudos: Celebrating milestones, launches and awards in the mortgage industry

    Movement Mortgage, PrimeLending, New American Funding and more
    Wintrust Mortgage is partnering with Chicagoland Habitat for Humanity to build more affordable housing in the Chicago area. Wintrust will provide $40 million in below market rate mortgages for affordable housing. The investment will finance about 250 homes for Habitat for Humanity over the next four years.
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  • Getting the American Dream back on track

    Dallas Habitat for Humanity creates nonprofit mortgage company for low-income buyers
    [Commentary] Knowing that access to homeownership is more important than ever in bringing back lost purchasing power, tax base, and associated neighborhood stability, Dallas Area Habitat for Humanity created a separate nonprofit mortgage company called Dallas Neighborhood Homes in 2016. 
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  • Monday Morning Cup of Coffee: Boomer renters, W-2 thieves and affordable housing

    Plus, avoiding hipsters
    With April 15 fast approaching, companies are dealing with requests for W-2 forms from a variety of sources. Unfortunately, these forms are being stolen by cyber thieves who are then filing fake returns and collecting taxpayer refunds. Meanwhile, did you manage to make it through April Fools' Day unscathed? This joke from Trulia tricked a few.
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  • Habitat for Humanity seeks shelter from QM

    Says mortgage rules could block affordable lending pipeline
    The Dodd-Frank mortgage lending rules are not just impacting private sector banks. Housing nonprofits are also seeking shelter from the qualified-mortgage rule storm. One of the agency's firing off warning shots is Habitat for Humanity.
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