REFinBlog

Editor: David Reiss
Cornell Law School

April 18, 2017

The FHA and African-American Homeownership

By David Reiss

I have posted my article, The Federal Housing Administration and African-American Homeownership, to SSRN and BePress. The abstract reads, The United States Federal Housing Administration (“FHA”) has been a versatile tool of government since it was created during the Great Depression. … Continue reading

Tuesday’s Regulatory & Legislative Roundup

By Jamila Moore

The Federal Reserve Board is making changes to its current practices. This shift potentially could change America’s housing road to recovery. In recent months, reducing the number of bond holdings have been discussed by federal officials. Currently, the U.S. has … Continue reading

April 17, 2017

Monday’s Adjudication Roundup

By Jamila Moore

A Florida judge just awarded two million to the local government in a fraud scheme with Florida developers and contractors. Lloyd Boggio plead guilty to fraud charges for his role in a scheme to inflate the prices of affordable homes. … Continue reading

April 14, 2017

Friday’s Government Reports Roundup

By Robert Engelke

HUD has published its third annual report on demographic and economic data for people living in Low-Income Housing Tax Credit (Housing Credit) properties. As of December 31, 2014, the median annual income of residents was $17,152 and approximately 47 percent … Continue reading

April 13, 2017

Thursday’s Advocacy & Think Tank Roundup

By Robert Engelke

In an article by Enterprise, titled How Local Governments Can Raise Much-Needed Resources for Affordable Housing, discusses the importance of state and federal funds for housing, specifically for low income families. In an article by the Brookings Institute, titled The … Continue reading

April 12, 2017

Wednesday’s Academic Roundup

By Robert Engelke

Using exogenous variations in the market value of firms’ real estate assets caused by fluctuations in local commercial real estate prices, this article, Managing Innovation: The Role of Collateral, study how collateral shocks impact corporate innovation. I find evidence that … Continue reading

April 11, 2017

Tuesday Regulatory & Legislative Roundup

By Robert Engelke

An article in The New York Times looks at the movement of health care providers who use federal housing and tax programs to prescribe housing along with medications to treat patients. Some hospitals and health care providers have brokered deals … Continue reading