Homeownership Archives - The Washington Informer https://www.washingtoninformer.com/category/homeownership/ Black News, Commentary and Culture | The Washington Informer Tue, 17 Sep 2024 23:10:53 +0000 en-US hourly 1 https://www.washingtoninformer.com/wp-content/uploads/2022/01/cropped-Site-Icon-32x32.png Homeownership Archives - The Washington Informer https://www.washingtoninformer.com/category/homeownership/ 32 32 121622320 Even with Mortgage Relief, Questions about Housing Affordability Persist for Talbert Street Condo Owners https://www.washingtoninformer.com/dc-condominium-owners-mortgage-relief/ https://www.washingtoninformer.com/dc-condominium-owners-mortgage-relief/#respond Tue, 17 Sep 2024 19:40:00 +0000 https://www.washingtoninformer.com/?p=1214813 After nearly four years of fighting for recompense, rallying (as pictured here in May 2023) and contentious mortgage relief negotiations, most, if not all, of the owners of condemned condominiums on Talbert Street in Southeast have received mortgage relief. However, there is still work to be done to ensure beleaguered homeowners can afford to settle elsewhere in the District. (WI File Photo)

The D.C. government has agreed to provide mortgage relief to the displaced condominium owners of River East at Grandview Estates, after a court battle over their right to seek recompense from the District.

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American Dream or Pipe Dream: Harris-Walz Housing Plan https://www.washingtoninformer.com/harris-walz-campaign-housing-plan/ https://www.washingtoninformer.com/harris-walz-campaign-housing-plan/#respond Wed, 11 Sep 2024 19:00:00 +0000 https://www.washingtoninformer.com/?p=1214546 Rasheedah Hasan, founder of Collective Impact Strategies, a legislative consulting firm based in Washington, D.C., says her journey toward homeownership has taken years of saving, participating in programs, and house hunting. (Ja’Mon Jackson/The Washington Informer)

Vice President Kamala Harris has unveiled a housing plan to end the housing supply shortage by building 3 million new housing units for new homeowners and renters, and providing first-time homeowner assistance and tax credits.

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D.C.’s ReMIT Program Relaunched to Aid Seniors in Preserving Homeownership https://www.washingtoninformer.com/dchfa-relaunches-remit-program-financial-assistance/ https://www.washingtoninformer.com/dchfa-relaunches-remit-program-financial-assistance/#respond Wed, 04 Sep 2024 04:00:00 +0000 https://www.washingtoninformer.com/?p=1213937 Flag of the District of Columbia (Courtesy of dpw.dc.gov)

The District of Columbia Housing Finance Agency has relaunched its ReMIT program to provide financial assistance to qualified senior homeowners for delinquent property taxes, insurance, and HOA/condo fees to prevent foreclosure.

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Biden-Harris Administration Takes New Steps to Lower Housing Costs, Speed Up Construction https://www.washingtoninformer.com/biden-administration-housing-supply-action/ https://www.washingtoninformer.com/biden-administration-housing-supply-action/#respond Tue, 13 Aug 2024 16:41:00 +0000 https://www.washingtoninformer.com/?p=1212255 yellow and black heavy equipment near unfinished building

The Biden-Harris administration has announced a series of measures aimed at reducing housing costs and accelerating the construction of affordable homes, including $100 million in grants for communities to identify and eliminate barriers to housing development and changes to federal regulations to simplify the loan process and expedite housing development.

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Manufactured Homes on the National Mall Entice Builders, Policymakers to Increase Affordable Housing Supply https://www.washingtoninformer.com/hud-announces-fha-financing-for-manufactured-homes/ https://www.washingtoninformer.com/hud-announces-fha-financing-for-manufactured-homes/#respond Wed, 12 Jun 2024 04:15:00 +0000 https://www.washingtoninformer.com/?p=1208466 On Tuesday, June 4, Adrianne Todman, acting secretary of the U.S. Department of Housing and Urban Development (HUD), held a press conference on the National Mall to preview HUD’s 2024 Innovative Housing Showcase and highlight the Biden-Harris Administration’s commitment to building new, innovative, and affordable homes for all. (Ja'Mon Jackson/The Washington Informer)

HUD has announced FHA-insured financing for manufactured homes, tiny homes, and other innovative housing solutions, in an effort to increase the supply of affordable housing and stabilize communities.

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Know Your Rights as a Homebuyer and Homeowner https://www.washingtoninformer.com/homeownership-discrimination-rights/ https://www.washingtoninformer.com/homeownership-discrimination-rights/#respond Wed, 12 Jun 2024 04:05:00 +0000 https://www.washingtoninformer.com/?p=1208386 person holding silver key

The Equal Rights Center, FHA, and District of Columbia's Office on Human Rights are all working to protect homeowners from discrimination in housing, including appraisal discrimination, housing discrimination, and fair housing laws.

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Local, Federal Government Responds to Homeownership Gap with Policies, Programs, Products, Partnerships https://www.washingtoninformer.com/housing-discrimination-homeownership-gap/ https://www.washingtoninformer.com/housing-discrimination-homeownership-gap/#respond Wed, 12 Jun 2024 04:04:00 +0000 https://www.washingtoninformer.com/?p=1208380 HUD acting Director Adrianne Todman this month announced new FHA funding to promote fair housing and root out discrimination. (Courtesy photo)

The Biden-Harris Administration, D.C. and Prince George's County are working to increase Black homeownership through policies, programs, products, and partnerships, with the goal of closing the racial gap in homeownership.

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Sharing Space: East of the River Resident Explains What to Expect Before Considering Airbnb Hosting https://www.washingtoninformer.com/airbnb-host-d-c-experience/ https://www.washingtoninformer.com/airbnb-host-d-c-experience/#respond Wed, 12 Jun 2024 04:03:00 +0000 https://www.washingtoninformer.com/?p=1208383 Synta Keeling is able to supplement everyday expenses as an Airbnb host.

Synta Keeling, a lawyer and Airbnb host, has found that hosting on the vacation rental app has provided her with extra income, tax benefits, and a chance to meet interesting people, but she cautions potential hosts to research local regulations and manage expectations to attract renters.

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How to Make Homebuying Easier and Less Expensive https://www.washingtoninformer.com/home-buying-guidance-dmv/ https://www.washingtoninformer.com/home-buying-guidance-dmv/#respond Wed, 12 Jun 2024 04:01:00 +0000 https://www.washingtoninformer.com/?p=1208285 Milan Griffin and HomeFree-USA partner with Wells Fargo to increase diversity and inclusion for both homebuyers and mortgage industry employees. (Courtesy of HomeFree USA)

HomeFree-USA, in collaboration with lending partners like Wells Fargo, is helping renters become homeowners by providing guidance and preparation, including financial education and downpayment programs, to overcome the four biggest obstacles to homeownership – credit, debt, savings, and downpayment.

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Mastering the Pursuit of Property, Pursuit of Happiness, ‘Moving on Up’ https://www.washingtoninformer.com/black-homeownership-barriers-2/ https://www.washingtoninformer.com/black-homeownership-barriers-2/#respond Wed, 12 Jun 2024 04:00:00 +0000 https://www.washingtoninformer.com/?p=1208370 crop ethnic trader with smartphone and laptop on bench indoors

Black homeownership in the U.S. is still far behind that of other racial and ethnic groups, but initiatives and programs have been implemented to increase the number of Black homeowners, with the goal of providing financial stability and legacy building.

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