American Rescue Plan – Affordable Housing – HUD
The Biden Administration American Rescue Plan contains sizeable funding for affordable housing along with other policy proposals.
Does Low-Income Housing Affect Nearby Home Prices?
Recently, Redfin issued an analysis it performed looking at over 220,000 home sales and found NO consistent relationship between the addition of low-income housing and changes in home prices.
CDC Eviction Moratorium Declared Unconstitutional
On Thursday, February 25, 2021, the United States District Court for the Eastern District of Texas issued a declaratory ruling holding that the current CDC eviction moratorium is unconstitutional.
FHEO Notification – Gender Discrimination
On February 11, 2021, the U.S. Department of Housing and Urban Development (HUD) issued a Memorandum Implementing Executive Order 13900 on the Enforcement of the Fair Housing Act.
Filing of Property Transfer Affidavits
Michigan law requires that a Property Transfer Tax Affidavit (“PTA”) be filed with the local assessor (city or township) upon the transfer of ownership of real property. As used in the statute “transfer of ownership” means the conveyance of title […]
Michigan Supreme Court Officially Incorporates Centers for Disease Control’s Order Halting Evictions
On September 4, 2020, we reported on the Centers for Disease Control and Prevention’s order halting evictions nationwide through December 31, 2020 for tenants who cannot pay rent based on COVID-19 related circumstances. An article interpreting that order and discussing […]
The DHS / CDC “September Surprise” – The Order to Temporarily Halt Residential Evictions
Introduction: Effective upon publication in the Federal Register on Friday, September 4, 2020, the Acting Chief of Staff of the Centers for Disease Control and Prevention, a division of the U.S. Department of Health and Human Services (HHS), announced an […]
Using Forbearance Agreements to Protect Commercial Real Estate Lender Interests During COVID-19
While much attention has been paid to the struggles of businesses, such as restaurants and retail establishments, to survive the economic downturn wrought by the COVID-19 pandemic, those who lend to such businesses for the purchase of real estate are […]
Navigating Executive Order No. 2020-54 (“Order 54”); The Eviction and Land Contract Forfeiture Moratorium
UPDATE: On Monday, April 20, 2020, Governor Gretchen Whitmer signed Executive Order 2020-54, extending the duration of relief in prior Order 2020-19 through May 15, 2020. With Executive Order 2020-54, Governor Whitmer enacted a “temporary prohibition against entry to premises for […]
Navigating Executive Order No. 2020-19 (“Order 19”); The Eviction and Land Contract Forfeiture Moratorium
UPDATE: On Monday, April 20, 2020, Governor Gretchen Whitmer signed Executive Order 2020-54, extending the duration of relief in prior Order 2020-19 through May 15, 2020. With Executive Order 2020-54, Governor Whitmer enacted a “temporary prohibition against entry to premises for […]