January 13, 2017
- The U.S. Department of Housing and Urban Development completed a study analyzing the Boston, Massachusetts housing market. The study found a total need of over 40,000 rental and sales units required to house the residents of Boston, Massachusetts. Additionally, the study uncovers the current economic status of the city as a whole and its relation to housing.
- The Troubled Asset Relief Program (TARP) has released 22.6 billion dollars to their three housing programs in the U.S. The three housing programs vary in their support to the public. Their services include loan modification to ensure that residents can remain in their home and refinancing one’s loan to ensure it is federally insured by the Federal Housing Authority (FHA).