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Microsoft joins King County, housing authority to purchase five apartment complexes to combat housing crisis

ARTICLE FROM THE SEATTLE TIMES A mailbox installation reflects the number of units at Kirkland Heights Apartments in Kirkland. Microsoft announced a $245 million loan for King County Housing Authority to acquire five apartment complexes so that the residents can have...

Colorado Governor Signs New Bed Bug Law For Landlords And Tenants

ARTICLE FROM THE RENTAL HOUSING JOURNAL   Colorado Gov. Jared Polis has signed HB19-1328, a new bed bug law which requires a tenant to promptly notify the landlord via written or electronic notice when the tenant knows or reasonably suspects that the tenant’s dwelling...

HUD Publishes Description of NSPIRE Demonstration in the Federal Register

ARTICLE FROM PHADA NEWSLETTER On August 21, 2019, HUD published a Notice in the Federal Register titled “Notice of Demonstration To Assess the National Standards for the Physical Inspection of Real Estate and Associated Protocols.” This Notice provides a description...

Maryland Finances a Record Number of Affordable Housing Units

ARTICLE FROM AFFORDABLE HOUSING FINANCE Maryland Finances a Record Number of Affordable Housing Units More than 1,800 units will be created or preserved with LIHTCs and state Rental Housing Funds. Fifteen developments have been selected to receive federal low-income...

Apartment Turnover Rate Continues to Fall

Fresh data shows tenants staying put longer By Scott Sowers of Multifamily Executive Article is from Multifamily Executive A recent brief published by CBRE shows the turnover rate for multifamily housing has fallen to 47.5%, which is the lowest level in two decades....
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