The House has passed a bill that will make it easier for persons displaced by hurricanes Katrina and Rita to find apartments that can accept federal rental vouchers.The bill (H.R. 3894) allows the Department of Housing and Urban Development to waive certain requirements so voucher holders can sign short-term leases to rent federally assisted Section 8 apartment units. "With this legislation, anyone who has been displaced by hurricane Katrina or Rita, and is low-income, can now be housed in these [Section 8] apartments, even if they were not receiving government assistance before the hurricanes," said Jim Arbury, who heads up government affairs for the National Multi Housing Council and National Apartment Association. By waiving inspection and government lease requirements, the Hurricane Katrina Emergency Housing Act, sponsored by Rep. Rodney Alexander, R-La., also allows voucher holders to lease certain market-rate apartments. The House passed the bill by a 418-0 vote. "We applaud the House for taking this much-needed step, and we urge the Senate to pass similar legislation," Mr. Arbury said.
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The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
February 6 -
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
February 6 -
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
February 6 -
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
February 6 -
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
February 5 -
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
February 5




