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Many out-of-work renters face financial ruin if they don’t get help
By Ron HurtibiseSouth Florida Sun SentinelApr 11, 2020 10:00 AM Many renters and landlords are peering over the edge of a financial cliff, praying for a quick end to the coronavirus crisis. At the bottom of the cliff lies lease defaults, ruined credit, evictions and homelessness. There are no bailouts for renters and landlords, except…
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Homeowners: You have options for your mortgage during the pandemic, but you might not get the full story
By Ron HurtibiseSouth Florida Sun SentinelApr 25, 2020 12:58 PM Most out-of-work homeowners frightened by the thought of suspending their mortgage payments can rest easy. Regardless of what their mortgage servicer tells them, the 70% of borrowers with federally backed loans won’t be on the hook to repay those missed payments all at once at…
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Sadowski Trust housing funds will help Florida’s ‘most vulnerable’ now more than ever | Opinion
By Jamie RossSpecial to the Sun SentinelApr 14, 2020 3:30 PM Housing is healthcare. We have known this for a long time, but never more acutely than now. The full appropriation of Sadowski Trust funds for housing could not have come at a better time. All 67 counties and large cities in Florida have local…
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How to Suspend Your Mortgage Payments During Coronavirus Turmoil
The Wall Street JournalBy Julia Carpenter and Orla McCaffrey Updated April 6, 2020 9:30 am ET If your mortgage is federally backed, lenders are supposed to allow forbearance for those experiencing a financial hardship caused by the coronavirus pandemic. Here are answers to commonly asked questions: What is forbearance? Forbearance allows homeowners to suspend their…
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Budget conference: Lawmakers won’t sweep affordable housing fund
By A.G. Gancarski on March 8, 2020 Legislative budget chairs said affordable housing funds will not be swept as has been the case in recent years. And then the House and Senate agreed on the biggest budget number for the fund in years. The Governor and Senate each wanted $387 million for the Sadowski Trust…
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South Florida Experts Discuss Region’s Affordable Housing Problem | WLRN
By Maria Esquinca • Feb 26, 2020 South Florida experts on Tuesday discussed the region’s affordable housing problem during a conference held by the Urban Land Institute. The panel was one of many during the three-day Housing Opportunity 2020 conference in Miami. Low wages coupled with the high cost of living, lead to unaffordable housing.…
