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FTC Testifies on Consumer Protection and the Rent-to-Own Industry

WASHINGTON, D.C. - July 26, 2011 - (RealEstateRama) -- The Federal Trade Commission testified today on consumer protection issues relating to the rent-to-own industry. The testimony described the agency’s role in enforcing laws relating to financial issues, provided background on the rent-to-own industry, and described key findings of a 2000 report published by the FTC’s Bureau of Economics on the rent-to-own industry.

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Mayor Bowser, DCHA & POAH Celebrate Ribbon Cutting and Groundbreaking of...

Mayor Muriel Bowser and the Office of the Deputy Mayor for Planning and Economic Development (DMPED), with the District of Columbia Housing Authority (DCHA) and nonprofit developer Preservation of Affordable Housing (POAH) today celebrated the grand opening of The Asberry, a mixed-use building with 108 units of affordable rental housing with a preference for those aged 55+.