Monday, February 24, 2025

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Down Payment Assistance Funding Scheme Violates Law, Forces Borrowers to Accept Higher Interest Rate...

The Federal Housing Administration (FHA) is steering borrowers toward a down payment assistance program with a funding scheme that violates federal law, forces borrowers to accept a higher interest rate, and poses a risk to the FHA’s insurance fund, according to the Inspector General of the Department of Housing and Urban Development (HUD)

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Mayor Adams Announces Bold New Vision for Coney Island, Including 1,500...

New York City Mayor Eric Adams today announced the next phase of an ambitious, bold new vision for Coney Island, Brooklyn that will deliver 1,500 new homes and invest in the reconstruction of the historic Riegelmann Boardwalk. In addition, the city will invest in new streets, sewers, and public realm improvements, including a $42 million renovation of the Abe Stark Sports Center.