Category Archives: 6 Figure Business Secrets

How To Make Money the Most Money Flipping Houses 💲💲

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

CatchMark Timber CEO Expects Single-Family Housing Market to Remain Steady

Jerry Barag, CEO of CatchMark Timber Trust, Inc. (NYSE: CTT), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.

Barag explained that CatchMark is focused on five markets across the South where conditions are “robust.” For the last several years, he said, the REIT has been successful in expanding its harvests in those markets, while seeing modest price appreciation.

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

HUD dedicates $10 million to affordable housing

The affordability crisis is going strong and only continues to worsen as the housing stock is unable to keep up with the rising demand.

The U.S. Department of Housing and Urban Development announced it will invest $10 million to develop 538 affordable homes.

HUD announced that in an effort to help more working families become homeowners, it will award $10 million in grants to four non-profit housing organizations, which will create at least 538 affordable homes for low-income families and individuals.

HUD’s Self-Help Homeownership Opportunity Program, these grants, along with the labor contributions from homebuyers and volunteers, will significantly lower the cost of construction, thus making homeownership a reality for families who otherwise would not be able to afford to buy a home.

“These non-profits receiving grants are making a positive impact in communities across the country through the strong partnerships they have formed between the public and private sector,” said David Woll, HUD principal deputy assistant secretary for community planning and development. “These grants, in conjunction with volunteer work and private donations, will help make the dream of homeownership a reality for more families.”

Here are the four places the grants will be awarded to, how much each one will receive and more on the project each non-profit will be working on:

Habitat for Humanity International, Inc. will receive a Self-Help Homeownership Opportunity Program grant award in the amount of $5,421,011. HFHI is a private, non-profit, ecumenical Christian organization that has assisted Habitat affiliates in building and rehabilitating more than 100,000 self-help homeownership housing units in partnership with low-income people in the U.S. since 1976. Habitat’s mission is carried out locally by approximately 1,251 subordinate self-help homeownership housing organizations within a specific geographic service area. This grant award will be used to complete a minimum of 289 SHOP units. Completed units will be sold to low-income homebuyers who have contributed a significant amount of sweat equity toward the construction of their homes.

Housing Assistance Council will receive a Self-Help Homeownership Opportunity Program grant award in the amount of $1,307,014. HAC is a national non-profit self-help housing organization that will use its SHOP funds in primarily rural areas to facilitate and encourage innovative homeownership opportunities through the provision of self-help housing. Local affiliates will compete for SHOP funding from HAC. Each affiliate has the flexibility to design a program that meets the needs of its community. SHOP funds will be used to purchase land and make necessary infrastructure improvements that support the new construction of SHOP housing units. Completed units will be sold to low-income homebuyers who have contributed a significant amount of sweat equity toward the construction of their homes. The grant award will be used to complete a minimum of 70 SHOP housing units.

Community Frameworks will receive a Self-Help Homeownership Opportunity Program grant award in the amount of $1,121,868. CF is a regional non-profit self-help housing organization that serves the states of Idaho, Montana, Oregon and Washington. CF will make SHOP funds available to 16 affiliates to purchase land and make necessary infrastructure improvements that support new construction and rehabilitation of the SHOP units. Each affiliate has the flexibility to design a program that meets the needs of its community. Grant award funds will be used to complete a minimum of 60 SHOP housing units.

Tierra del Sol Housing Corporation will receive a Self-Help Homeownership Opportunity Program grant award in the amount of $2,150,107. TDS is a regional housing community development corporation with the purpose of improving the quality of life and economic conditions of low-income persons residing in distressed and underserved communities, by providing affordable housing and community development through construction activities, lending, training and employment opportunities.  The grant award will be used to complete a minimum of 119 SHOP units.

The post HUD dedicates $10 million to affordable housing appeared first on HousingWire.

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

How To build an All Star Real Estate Team

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

Apartment Syndication: Active or Passive Investing with Dan Handford

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

Camden Property Trust CEO Expects Supply to Peak in 2020

Ric Campo, chairman and CEO of Camden Property Trust (NYSE: CPT), participated in a video interview at Nareit’s REITworld: 2019 Annual Conference in Los Angeles.

Campo said Camden expects that supply is going to peak in most of its markets in 2020 and then start declining after 2021. “The great news is that we’ve had enough demand to take up the supply,” he said.

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment

How To Make Money the Most Money Flipping Houses 💲💲

Continue reading

Posted in 6 Figure Business Secrets | Leave a comment