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☆ My kids have my maiden name as middle names. I wanted their names to honor my family legacy, not just their father's.
▼ + stars: | 2024-03-25 | by ( Stephanie Claytor | ) www.businessinsider.com time to read: +5 min

I wanted a way to incorporate my maiden name into my kids' names to preserve my family legacy. Our family has also had weekend-long family reunions every two years in hotels across the United States since 1976. In exchange, I gave my daughter two middle names, the first name I originally wanted to name her and my maiden name. The kids will continue the tradition of going to my family reunions and bonding with my extended family. While they may not often use their middle names, they'll understand why mommy was adamant about also passing down her maiden name.

Persons: I've, —, father's, I'd, William Schieffelin Claytor, Darrell Claytor, Ifeolu, grandfather's, Walter Claytor, I'm, Stephanie Claytor, didn't, mommy Organizations: Service, American, Housing Authority Locations: United States, Puerto Rican, African, Latin America, Midwest, Roanoke Redevelopment, Virginia

401(k) withdrawal for a home purchase: Is it a good idea? 401(k) withdrawal rules for buying a homeFirst, you'll need to check with your plan administrator to see if early withdrawals are allowed, and under what circumstances. Tax implications of a 401(k) withdrawal for a home purchaseLet's take a closer look at the penalties and taxes you might incur from a 401(k) home purchase withdrawal. 401(k) loan for buying a houseInstead of withdrawing money from your 401(k), you also have the option to take out a loan. 401(k) withdrawal for a home purchase FAQsIs buying a home considered a hardship for 401(k)?

Persons: you'll, —, You'll, doesn't, Roth, you've, Brian Pirri, Pirri, Chase, Homebuyer Grant Organizations: Service, IRS, Roth IRA, Local, Rocket Mortgage Locations: Massachusetts, Chevron

☆ A single mom in Ohio moved from a shelter to an apartment after switching from Lyft and Uber driving to being a full-time bus driver
▼ + stars: | 2024-02-14 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

Jayla, 28, spent two years driving for Uber and Lyft and struggled to find stable housing and provide for herself and her son. But after switching jobs and becoming a bus driver in late 2023, she's now living in her own apartment. After landing a bus driver position and a W2, she secured an apartment in Akron despite no luck in Texas. AdvertisementBecoming a school bus driverShe decided to become a school bus driver as she could work morning and afternoon shifts while working around her son’s day care schedule. The same day she applied, she was hired as a bus driver for her local Akron school district.

Persons: Uber, Lyft, she's, that’s, ” Jayla, Jayla, “, I’ve, she’s Organizations: Service, Business, Lyft, Hertz, Akron Metropolitan Housing Authority Locations: Akron , Ohio, Houston, Akron, Texas, Lyft

NEW YORK (AP) — In announcing 70 arrests, a federal prosecutor said Tuesday that the largest public housing authority in the nation was infested by a “classic pay-to-play” culture of corruption that dispensed repair jobs valued at under $10,000 to contractors willing to pay bribes. Bribery and extortion charges led to a roundup of current and former employees of the New York City Housing Authority that represented the largest single-day bribery takedown in the history of the U.S. Justice Department, Williams said. Photos You Should See View All 45 Images“If the contactors didn’t pay up, the defendants wouldn’t give them the work. The city's public housing authority receives over $1.5 billion in federal funding from the U.S. Department of Housing and Urban Development each year. Some defendants, authorities said, demanded even greater amounts of money in return for using their discretion to favor one contractor over another.

Persons: —, Damian Williams, Williams, ” Organizations: Yorkers, New, New York City Housing Authority, U.S . Justice Department, U.S . Department of Housing, Urban Development Locations: New York City, ”, New York , New Jersey , Connecticut, North Carolina

☆ Why U.S. renters are taking corporate landlords to court
▼ + stars: | 2024-02-03 | by ( Carlos Waters | In Carloswaters | ) www.cnbc.com time to read: +5 min

Equity Residential purchased Portside Towers in 2019. A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. Renters told CNBC they discovered how revenue management software is used in real estate after reading a 2022 ProPublica investigation. Equity Residential investor materials show that the company started to experiment with Lease Rent Options between 2005 and 2008. Equity Residential and other defendant landlords declined to comment on ongoing RealPage litigation.

Persons: RealPage, District of Columbia Brian Schwalb, We've, Kevin Weller, There's, Jeffrey Roper, Thoma, Thoma Bravo, Harry Gural, Gural, we're, Mark Parrell Organizations: Washington , D.C, District of Columbia, CNBC, Equity Residential, Towers, World Trade, RealPage, U.S . Department of Justice, Equity, U.S, Thoma Bravo, U.S . Locations: Washington ,, RealPage, Jersey City , New Jersey, Portside, U.S, Miami, Van Ness, Jersey City, Atlanta, Austin , Texas, U.S . East

☆ A real estate investor who owns 3 properties explains why she chooses to rent instead of buy a primary home: It's 'a personal protection plan'
▼ + stars: | 2024-01-31 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

Business Insider verified this by viewing a copy of her mortgage statement and a letter from the Housing Authority of Baltimore City showing the rent price. This story is available exclusively to Business Insider subscribers. "I'd rather buy investment properties and rent," the 44-year-old real-estate agent and investor told Business Insider. As she sees it, paying rent rather than a mortgage is "more so a personal protection plan." "There are both sides of the table," veteran real estate investor and developer Ricky Beliveau told Business Insider.

Persons: Nyasia Casey, Casey, who's, We'd, It's, Ricky Beliveau Organizations: Nyasia, Business, Housing Authority Locations: York City, Baltimore, Baltimore City, New York City, Casey's

☆ A real-estate investor explains how she used 'subject-to financing' to buy a property with zero money down while also securing a lower interest rate
▼ + stars: | 2024-01-23 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Read previewNyasia Casey drained nearly all her savings to acquire her first property in 2021: a $105,000 single-family home in Baltimore. AdvertisementUsing 'subject-to' financing to bypass a down payment and inherit a low interest rateWhile researching creative financing, Casey learned more and more about "subject-to loans," when the buyer takes over the existing financing. This was a major advantage for Casey, who didn't have much cash on hand when she was looking to buy her second property. Another benefit of subject-to for the buyer, especially in a high-interest-rate environment, is that they could inherit a low interest rate. In Casey's case, she inherited the seller's 4.5% rate when rates were hovering around 8%, she said.

Persons: —, Casey, It's, doesn't, Nyasia Casey, he's, that's, you've Organizations: Service, Business, Housing Authority, Baltimore City, YouTube Locations: Baltimore, New York City

☆ A real-estate investor who cash flowed $1,000 on her first rental and profited $68,000 on her first flip explains how to spend your renovation money effectively — and where to cut back
▼ + stars: | 2024-01-20 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +6 min

Nyasia Casey has learned the hard way where to spend money during a home renovation — and where to save. Renovating a rental property versus a flipHow to most effectively spend your renovation money depends on the type of property you're working with. Her agent and hard money lender thought otherwise. Courtesy of Nyasia Casey"My agent said, 'maybe 215,' and my hard money lender said, '200,'" recalled Casey. "But it was the cash offer with closing in 13 days, no inspection," she said, adding: "My hard money lender was blown away."

Persons: Nyasia Casey, —, she's, Casey, Casey Casey, She's, it's, Casey's Organizations: Business, Yorker, Housing Authority, Depot Locations: Baltimore, Baltimore City, New York

☆ Nyasia Casey's first investment property was a cash-flowing 'slam dunk' in Baltimore. She explains how she landed it, and how she's setting herself up to retire early.
▼ + stars: | 2024-01-18 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Ultimately, that attribute led the 44-year-old to a career she never imagined: a real-estate agent and investor. Until she started her first job as a paralegal at one of the biggest law firms in New York City, that is. Becoming a real-estate agent satisfied both of those criteria. Casey started bringing in $2,350 a month, which the government covered for her tenant. "To get $1,100 right now in gross cash flow on your first deal in a low market is really, really good, especially in Baltimore where the average is $300."

Persons: Nyasia Casey, Casey, Casey didn't, I've, that's, doesn't, Casey Casey, Charles Blair, she'd, Blair, it's, It's Organizations: Business, SUNY Albany, Amazon FBA, YouTube, Housing Authority Locations: New York City, Florida, New York, Baltimore, Maryland's, Baltimore City

☆ A Gen Xer got $30,000 to build an extra apartment in her backyard. Renting it out makes paying her bills 'financially possible.'
▼ + stars: | 2023-11-18 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +4 min

She received a total of $30,000 from the state to build an ADU in her backyard to rent out. The program provides grants to eligible homeowners to build an additional housing unit on what was a single-family lot. Advertisement"I definitely needed that extra income that a rental unit provides," Leiken told Business Insider. Courtesy of Marni LeikenDespite the cost, Leiken said she's happy, noting that the additional rental income helps cover her monthly expenses. Beyond the rental income she's receiving, Leiken is pleased that she's also helping provide housing to locals who need it.

Persons: Marni Leiken, —, Marni, Leiken, she's Organizations: Service, Housing Authority, Business Locations: Montpelier , Vermont, Vermont, California, New York, Leiken's, Montpelier

☆ Missy Elliott donates $50,000 to Virginia housing organization—it was enough to pay for 26 families' past-due rents
▼ + stars: | 2023-10-27 | by ( Celia Fernandez | ) www.cnbc.com time to read: 1 min

Missy Elliott is celebrating her lifetime of success by paying it forward in her home state of Virginia. Last year, October 17 was declared "Missy Elliott Day" in the state. To celebrate the first anniversary of the holiday, Elliott donated $50,000 to the Portsmouth Redevelopment and Housing Authority. During a ceremony earlier this month, PRHA executive director Alisa Winston said the money would be used to pay the past-due rents of 26 families, according to The Virginian Pilot. The average rent for a one-bedroom apartment in Portsmouth, VA is $1,199, according to Zumper.

Persons: Missy Elliott, Elliott, Alisa Winston Organizations: Housing Authority, Virginian Locations: Virginia, Portsmouth, Portsmouth , VA

☆ Hong Kong court rules that gay couples get equal housing rights
▼ + stars: | 2023-10-17 | by ( Jessie Pang | Thomson Reuters | Jessie Pang Joined Reuters In After An Internship. She Covers Hong Kong With A Focus On Politics | ) www.reuters.com time to read: +2 min

Aerial view of residential housing seen through the window of an airplane in Hong Kong, China October 24, 2020. REUTERS/Tyrone Siu/File Photo Acquire Licensing RightsHONG KONG, Oct 17 (Reuters) - A Hong Kong court on Tuesday dismissed a government bid to deny same-sex married couples the right to rent and own public housing saying that it was "discriminatory in nature" and a complete denial of such couples' rights. The ruling by Hong Kong's Court of Appeal is the latest in a series of legal breakthroughs for gay rights advocates in the global financial hub this year. A Hong Kong court in September sided with a married lesbian couple who argued that both women should have parental status over their child born via reciprocal IVF. Activists in other parts of Asia are watching Hong Kong's courts in the hope that their rulings could influence campaigns for reform elsewhere.

Persons: Tyrone Siu, Hong, Jeremy Poon, Aarif Barma, Thomas Au, Henry Li, Kong's, Jessie Pang, James Pomfret, Robert Birsel Organizations: REUTERS, Hong, Facebook ., Thomson Locations: Hong Kong, China, HONG KONG, Hong Kong's, Canada, Britain, Asia

☆ Hong Kong court backs same-sex married couples on equal housing rights
▼ + stars: | 2023-10-17 | by ( ) edition.cnn.com time to read: +2 min

CNN —A Hong Kong court has dismissed a government bid to deny same-sex married couples the right to rent and own public housing, saying that it was “discriminatory in nature” and a complete denial of such couples’ rights. The ruling by Hong Kong’s Court of Appeal on Tuesday is the latest in a series of legal breakthroughs for gay rights advocates in the global financial hub this year. The government had challenged two High Court rulings that it was “unconstitutional and unlawful” for the city’s housing authority to exclude same-sex couples who married abroad from public housing. A Hong Kong court in September sided with a married lesbian couple who argued that both women should have parental status over their child born via reciprocal IVF. Activists in other parts of Asia are watching Hong Kong’s courts in the hope that their rulings could influence campaigns for reform elsewhere.

Persons: Hong, Jeremy Poon, Aarif Barma, Thomas Au, Henry Li Organizations: CNN, Facebook ., Hong Locations: Hong Kong, Hong Kong’s, Canada, Britain, Asia

An aerial view shows the 39 buildings developed by China Evergrande Group that authorities have issued demolition order, on the man-made Ocean Flower Island in Danzhou, Hainan province, China January 6, 2022. "The (investigation into Hui) clearly shows that Chinese policymakers prioritise political considerations to economic ones in dealing with Evergrande," he said. Evergrande and China's housing authority did not immediately respond to requests for comment during the week long National Day holiday. Gavekal in its report said that at the very least, an orderly restructuring of Evergrande seemed increasingly hard to achieve. A liquidation petition filed against Evergrande is scheduled for hearing in a Hong Kong court on Oct 30.

Persons: Aly, Hui Ka Yan, Hui, Xin Sun, Evergrande, Christopher Beddor, Sandra Chow, bondholder, Antonio Fatas, Xie Yu, Clare Jim, Kane Wu, Sumeet Chatterjee, Lincoln Organizations: China Evergrande Group, REUTERS, China Evergrande, HK, lurched, East Asian, King's College London, SOE, Evergrande, Thomson Locations: Danzhou, Hainan province, China, HONG KONG, Beijing, homebuyers, Asia, Pacific, Gavekal, Hong Kong, Evergrande

The state pays local housing authorities to maintain and operate the units whether they’re occupied or not. As of the end of July, almost 1,800 of the vacant units had been empty for more than 60 days. Doris Romero, a housing coordinator at a Boston shelter, was stunned to hear about all the vacant apartments. People interested in housing had to apply to separate local housing agencies, often in person. Since then, Hedison and other local housing officials have cited a litany of problems.

Persons: Deb Libby, Libby, she’s, ”, “, Doris Romero, ” Ed Augustus, Augustus, Maura Healey, WBUR, David Hedison, Maureen Cayer, Healey, “ It’s, WBUR’s Beth Healy, Paula Moura, Read Organizations: Gov, Housing, Worcester Locations: Worcester , Massachusetts, Massachusetts, Boston, New York , Connecticut, Hawaii, Chelmsford, Agawam, Western Massachusetts, Adams, New York, Lowell, Rhode

☆ Martin Sheen and Melissa Fitzgerald: ‘We are all dancing on the edge of the abyss’
▼ + stars: | 2023-09-18 | by ( Opinion Martin Sheen | Melissa Fitzgerald | ) edition.cnn.com time to read: +7 min

Melissa Fitzgerald is an actress and director of strategic engagement for All Rise, founded as the National Association of Drug Court Professionals, a training, membership, and advocacy organization for justice system innovation and reform. These public health and public safety crises are among the paramount social challenges of our time. And of course, we need to develop an ever-growing workforce of licensed addiction treatment providers to deliver services. Treatment courts are a shining example of how the justice system can, and should, provide a public health-oriented response to addiction. This year alone, 4,000 treatment courts will refer 150,000 people to treatment and recovery support.

Persons: Martin Sheen, Melissa Fitzgerald, Melissa —, —, Andy, “, ” Melissa Fitzgerald Leah Puttkammer, Martin Sheen Michael Kovac, we’ll Organizations: Golden Globe, National Association of Drug Court, Public, CNN, AFI, US Centers for Disease Control, National Center, Substance, Welfare, Mental Health Administration, Research, Kennedy Center Locations: telehealth, Chicago, Washington , DC

☆ Most first-time homebuyers don't put down 20%, expert says. Here's how much you may need
▼ + stars: | 2023-09-08 | by ( Annie Nova | ) www.cnbc.com time to read: +3 min

But you probably don't need as much money as you think. In the following decades, many government-backed mortgages mandated a 20% down payment. The typical house in the U.S. has a median price of around $400,000. Applying the 20% rule would mean you'd need $80,000. Some states, cities and other groups have programs that award grants to homebuyers that bolster their down payment or help cover closing costs.

Persons: SurveyMonkey, Jessica Lautz, Lautz, Freddie Mac, Daniel Brennan Organizations: Istock, CNBC, National Association of Realtors, U.S . Department of Agriculture, Federal Housing Administration, Department of Veterans Affairs, Bank Locations: U.S, Arizona, Maine

On Sunday, Evergrande reported losses of 33 billion yuan ($4.53 billion) for the first half of the year, versus a 66.4 billion yuan loss in the same period a year earlier. The Chinese property sector’s worsening debt crisis poses a significant challenge for President Xi Jinping and his policy makers, with the country’s economy already reeling from weaker domestic and overseas demand. China’s State Council Information Office, which handles media queries on behalf of the government, declined to comment on the property market and Evergrande’s fate. He sold the first complex the following year for 80 million yuan, according to Evergrande’s website. The committee investigated the matter after banks seized 13.4 billion yuan ($1.84 billion)of deposits held by the property-services unit in 2021.

Persons: Aly, Hui Ka Yan, Hui, Evergrande, Suppliers haven’t, ”, Anne Stevenson, Yang, Evergrande’s, Xi Jinping, Reuters wasn’t, Kelly Richmond Pope, ” Hui, “ Evergrande, Stevenson, Engen Tham, Julie Zhu, Clare Jim, Cassell Bryan Organizations: China Evergrande Group, REUTERS, Rights, China Evergrande, HK, Reuters, Suppliers, J Capital Research, Information Office, Political, Conference, Guangzhou Evergrande, soccer’s, Hong, Forbes, HengTen Networks, Management, Chicago’s DePaul University, Evergrande, Financial, Communist Party, “, China, Shanghai, Cassell, Low, Thomson Locations: China, Shenzhen, Guangdong province, Rights SHANGHAI, HONG KONG, United States, U.S, China’s, Henan province, Beijing, Hong Kong, Guangzhou, Evergrande, HengTen, Evergrande’s Hong Kong, Shanghai

Chinese developers are allowed to sell residential projects before completion but are required to put those funds in escrow accounts. Local city governments permit them to withdraw a portion of the funds, depending on the progress of construction. China's housing ministry did not respond to Reuters request for comment on the tightening of developers' access to escrow funds. FALTERING HOUSING DEMANDThe new measures come as property demand is sluggish - China's property sales between May and June showed the largest monthly drop this year, based on sales by floor area, and investment in property also slumped. Under those rules, the authority has asked the bank to make escrow funds available only to developers who have other sources of funding to cover construction costs, said the person.

Persons: Gary Ng, Ng, Clare Jim, Tang, Sumeet Chatterjee, Muralikumar Organizations: Asia Pacific, National Bureau of Statistics, Thomson Locations: HONG KONG, BEIJING, Asia, Hunan, Hefei, Xiamen, Hong Kong, Beijing

Compare River City Federal Credit Union accounts River City Federal Credit Union Savings AccountRiver City Federal Credit Union Simply Free Checking AccountRiver City Federal Credit Union Share CertificateRiver City Federal Credit Union Money Market Account Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. About River City Federal Credit UnionRiver City Federal Credit Union is a Hispanic American-led credit union with five branches in San Antonio, Texas. River City Federal Credit Union FAQsWhere is River City Federal Credit Union located? How River City Federal Credit Union ComparesRiver City Federal Credit Union vs. Falcon International BankDeciding between these two institutions may depend on whether you want to become part of a bank or a credit union. River City Federal Credit Union vs. Lone Star National BankYour choice between these two financial institutions may hinge on whether you meet the eligibility requirements to join River City Federal Credit Union.

Persons: It's, City Federal Credit Union hasn't, it's Organizations: City Federal Credit Union, Federal Credit Union, Federal Credit, Market, River City Federal Credit, River City Federal Credit Union, Chevron, Credit, City Federal Credit Union Savings, City Federal Credit, River City Federal, Apple, Google, Better, Bureau, BBB, Reading, Led, City Credit Union, San Antonio Housing Authority, River, Falcon, Falcon International Bank, Lone Star National Bank, Bexar County . Lone Star National Bank Locations: City, American, San Antonio , Texas, Chevron, River City, River, Bexar County, River City Federal Union, San Antonio

Non-resident homebuyers will either need to get an ITIN mortgage or pay in cash to buy a home. ITIN mortgages for individuals without Social Security numbersITIN mortgages allow borrowers to use their ITINs to apply for a mortgage. ITIN mortgages offer a path to homeownership for individuals without the documentation to qualify for a conforming mortgage. Many ITIN lenders require a down payment of at least 20%, and ITIN mortgage rates are often significantly higher compared to rates on conforming mortgages. According to Aguirre, a person getting an ITIN mortgage could end up paying as much as $500 more on their monthly mortgage payment than someone getting a comparable conforming mortgage, thanks to the higher rates that come with an ITIN mortgage.

Persons: homebuyers, I'm, Nora Aguirre, she's, they've, Aguirre, you've Organizations: Service, Migration Policy Institute, Taxation, National Association of Hispanic Real Estate Professionals, Social, Internal Revenue Service, US Department of Housing, Urban Development Locations: Wall, Silicon, Nevada, United States

☆ It's about to get easier for homeowners in Denver to build tiny homes in their backyards
▼ + stars: | 2023-07-03 | by ( Kelsey Neubauer | ) www.businessinsider.com time to read: +4 min

Denver's housing shortage has reached crisis proportions. When the law goes into place on Wednesday, homeowners will be allowed to build ADUs big enough to house a family. Courtesy of AboduSince 2018, more than 60,000 new units have been approved throughout the Golden State, which has an estimated housing shortage of 2 million. She also serves as the Director of Planning at the Denver Housing Authority. Keeping families togetherAlonso Carrillo-Muñoz, a Spanish-speaker, who has lived in the West Denver area for over 20 years, was a part of the WDRC's ADU pilot program, per WDRC.

Persons: —, They'll, Chris Herndon, Renee Martinez, Stone, WDRC, Alonso Carrillo, Jon Paciaroni, Miriam Carillo Organizations: Service, City, Denver, Golden State, West Denver Renaissance, Denver Housing Authority Locations: California, High City, City of Denver, Sonoma ., Golden, Denver, West Denver, Spanish, . Denver, FirstBank

☆ A Reuters journalist explores his ancestors’ ties to slavery
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +38 min

It took me a few minutes of research to figure out why I was losing track of the descendants of the people George Julian enslaved. If the racial cleansing of Forsyth County was mentioned, I didn’t notice. Still hopeful that I might be able to somehow identify and locate living descendants of the people my family enslaved, I flew to Georgia last November. Her father was also a butler for a wealthy white family, her mother a cook. In 1860, Osby’s ancestors were enslaved and working the fields of Forsyth County.

Persons: Julian, Abijah’s, George Julian, George, ”, Adaline, –, Abijah, Dick, Lott, Aggy, Henry, Lewis, Ellick, Jim, Josiah, Reuben, Woodrow Wilson, Rob Edwards, Black, Oprah Winfrey, Forsyth, “, Cumming, who’d, Abijah Julian, ” Gov, Joseph Mackey Brown, ‘ Dick, I’d, Grandma Horseyfeather, Brice gesturing, ” I’d, Grandma Horseyfeather’s, – I’ve, “ Lott, Abijah Julian’s, Richard Julian, Charlotte Julian, Richard, Charlotte, George Julian’s, She’d, “ I’m, That’s, Martin Luther King, wasn’t, Sophia Dodd, Dodd, Elon Osby, – Dodd, Osby, Bailey, George H, Julian ” –, – “, ” Osby, ” Dodd, Ida Julian ., Ida Julian’s, Ida ., Ida hadn’t, Ida Julian, Bagley, Willie M, Willie Mae Bagley, Willie Mae Butts, Elon Butts Osby, Osby’s, ’, Elon Osby’s, Ida Bagley, William Bagley, Adaline Julian, Richard Julian –, Abijah Julian –, she’d, we’ve, you’ve, ELON, crunched underfoot, could’ve, Abijah John Julian ”, Webster, I’ve, weren’t, “ We’re, – we’re, …, Horseyfeather, gesturing, “ You’re, Tom Lasseter, Corinne Perkins, Wong, Jeremy Schultz, Catherine Tai Design, John Emerson, Blake Morrison Organizations: ., Reuters, ”, Black, Charlotte, Toyota, Atlanta History, Elon, Lockheed, Tiffany, Atlanta Housing Authority, Task Force, Mazda, American Legion, United, Confederacy Locations: Forsyth, Negros, negros, Virginia, . Civil, Georgia, Cumming, U.S, Forsyth ., Dawson, Atlanta, Tulsa , Oklahoma, Jefferson County , Georgia, Forsyth County, Charlotte, Thai, Macedonia, Buckhead, Bagley, America, Fulton County, Fulton, Bagley Park, Iraq, Afghanistan, Osby, England, Juneteenth, Brooks County

☆ To Improve Public Housing, New York City Moves to Tear It Down
▼ + stars: | 2023-06-20 | by ( Mihir Zaveri | ) www.nytimes.com time to read: +1 min

Tearing down public housing has become something of a national trend, except in New York, where the New York City Housing Authority has held onto its stock of aging buildings even as repair bills and tenant complaints mount. At Fulton and Elliott-Chelsea, more than 2,000 public housing apartments would be replaced. The plan also calls for the construction of new retail and commercial spaces and 3,500 mixed-income apartments, with around 1,000 restricted to people earning lower incomes and the rest renting at market rates. It would be only the third tear-down in the agency’s nearly 90-year history, and the first time new, mixed-income buildings would be built on NYCHA land. City officials said they hope to replicate the plan elsewhere as conditions in public housing worsen.

Organizations: New, New York City Housing Authority, Fulton Houses, Elliott, Chelsea Houses Locations: New York, New York City, Manhattan, Fulton, Elliott, Chelsea

☆ Singapore overtakes Hong Kong as the most expensive Asia-Pacific city for private homes
▼ + stars: | 2023-06-01 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +5 min

Tobiasjo | E+ | Getty ImagesSingapore's private homes are now the most expensive in Asia-Pacific, having overtaken Hong Kong, according to a new report. Private rental homes in Singapore also had the highest monthly rent in the region at $2,600 — "far exceeding" other cities such as Sydney, Melbourne and Hong Kong, according to the report. Hong Kong vs. SingaporeHome prices in Hong Kong "dropped substantially" in 2022, ULI said, citing the significant increase in mortgage interest rates as Hong Kong keeps pace with the U.S. Federal Reserve. Rental pricesSingapore's private rental homes have the highest monthly rent in the region, having increased by nearly 30% in 2022. Home attainabilityDespite Singapore's private homes being the most expensive in the region, the city state also has the highest homeownership rate at 89.3%.

Persons: ULI, Hong, Kong's, David Faulkner, homeownership, Ho Organizations: Yacht, Urban Land Institute, ULI, Asia Pacific Centre for Housing, Singapore, U.S . Federal, Hong Kong, Sydney, Melbourne, Urban Land Institute Asia Pacific Centre, Housing, Hong, Housing Private, CNBC, Housing Development Board, Board Locations: Singapore, Keppel, Asia, Pacific, Hong Kong, Sydney, Melbourne, U.S, Shenzhen, Beijing, Brisbane, Covid, Australia, China, Ho Chi Minh, Vietnam, Da Nang

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