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Vol. 44, Issue 1

January 2014

 


Table of Contents

RHS Foreclosure Enjoined HUD Announces Millions for Elderly Rental Assistance
Tenant Protection Policy for Expiring Restrictions Remains in Limbo
California HCD Continues to Assist Rental Assistance Subsidized Households
Mt. Holly Settlement Obtains Relief for Gardens Community Residents
Questions Corner
Recent Cases
Recent Housing-Related Regulations and Notices


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Articles

  • RHS Foreclosure Enjoined

    A federal district court, in the case Turner v. Vilsack, has preliminarily enjoined the Rural Housing Service (RHS) from foreclosing on an Oregon Section 515 Rural Rental Housing development that the agency has been managing under receivership since 1996. The injunction was issued for RHS’ failure to conform to its handbook requirements that it involve residents in making a...


  • Tenant Protection Policy for Expiring Restrictions Remains in Limbo

    Mortgages on thousands of properties subsidized by the Department of Housing and Urban Development (HUD) are reaching the end of their terms, most commonly 40 years from origination. Absent tenant protection assistance, unassisted tenants residing in these federally supported properties face increased rent burdens when the federal mortgage matures and the accompanying rent and use restrictions...


  • California HCD Continues to Assist Rental Assistance Subsidized Households

    In the 1980s, the California Department of Housing and Community Development (HCD) entered into over 40 deep subsidy rental assistance contracts with developers of Rural Development (RD) Section 515 rental housing. These 30-year contracts made the developments competitive for low-income housing tax credits and tax exempt bonds. In 2013, HCD sent a letter to the owners still receiving...


  • Mt. Holly Settlement Obtains Relief for Gardens Community Residents

    As reported previously in the Housing Law Bulletin, the parties in Township of Mount Holly, N.J. v. Mt. Holly Gardens Citizens in Action, Inc. agreed to settle the case. The Mount Holly Township Council approved the settlement on November 13, 2013. Shortly thereafter, on November 15, 2013, the parties filed a stipulation to dismiss the writ of certiorari. This dismissal meant...


  • Questions Corner

    This Questions Corner provides a brief overview of the new mortgage servicing rules issued by the Consumer Financial Protection Bureau (CFPB). These reforms constitute the most significant, pro-homeowner federal legislation in decades, as well as one of the Obama Administration’s major achievements.


  • January 2014 Housing Cases, Notices, and Regulations

    This section includes summaries of recent housing cases, notices, and regulations.

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