The court’s action late Thursday ends protections for roughly 3.5 million people in the United States who said they faced eviction in the next two months.
Subdivisions push back against home sales to rental firms
At least 200 homeowner groups in central Indiana have modified their subdivision covenants in the past five years to limit rentals—a number that is based on the work of just one law firm.Read More
Holcomb vetoes controversial landlord-tenant legislation
The governor’s decision to block the bill from becoming law allows tenant protections the city of Indianapolis recently put in place to remain in force.Read More
Local heavy machinery rental firm expanding onto west-side Kmart parcel
MacAllister Machinery’s current operations along West Washington Street span about 6.5 acres, with the purchase of the Kmart parcel next door adding another 8 acres.Read More
Smaller landlords with fewer than four units, who often don’t have the financing of larger property owners, were hit especially hard by the pandemic, with as many as 58% having tenants behind on rent, according to the National Association of Realtors.
The city’s IndyRent program—which launched last July with $15 million in funding and eventually grew to $96 million—has so far pushed out $53 million in rent payments to landlords of those seeking rental assistance.
Rents are rising, buoyed by strong demand as U.S. home prices push to new highs, leaving many would-be buyers no choice but to rent.
Only one day after the Biden administration issued a new policy protecting renters from eviction, a series of real estate and landlord groups is trying to invalidate it.
Congress was unable to pass legislation swiftly to extend the ban, which expired at midnight Saturday, and the Democratic leaders said it was now up to President Joe Biden’s administration to act.
Weeks before an eviction moratorium put in place by the Centers for Disease Control and Prevention expires on July 31, much of the federal aid meant to help tenants and landlords has not reached them.
The median national rent climbed 9.2% in the first half of 2021, according to Apartment List, and is still on the way up.
As of June 7, roughly 3.2 million people in the U.S. said they faced eviction in the next two months, according to the U.S. Census Bureau’s Household Pulse Survey.
Since IndyRent launched last July, it has provided $96.1 million in emergency rental assistance to help thousands of residents stay housed in the midst of the pandemic’s economic fallout.
The number of properties focused on or allowing outdoor storage is limited—and there’s little indication that that will change anytime soon.
Stamford, Connecticut-based United Rentals Inc. paid $19 per share for Pasadena, California-based General Finance Corp.—which has owned Pac-Van since 2008—and assumed $400 million in debt.
An almost 30-page policy agenda and a nearly 20-page action plan tackles the city’s diminishing stock of quality affordable rental housing.
Senate Enrolled Act 148 prevents all local governments from regulating any aspect of landlord-tenant relationships and blocks tenant protections that the city of Indianapolis had put in place last spring.
The state of Indiana is preparing to launch a new rental and utility assistance program after receiving an additional $372 million in federal funding for that purpose.
If it becomes law, Senate Enrolled Act 148 would prevent all local governments from regulating any aspect of landlord-tenant relationships and would block tenant protections that the city of Indianapolis had put in place last spring.
Senate Enrolled Act 148 would have prevented all local governments from regulating any aspect of landlord-tenant relationships and would have blocked tenant protections that the city of Indianapolis had put in place last spring.
The program, which opened in July to help tenants avoid eviction during the pandemic, has provided more than $26 million in federal money to more than 12,000 households.
Airbnb has taken a series of steps to crack down on parties since last year’s deadly shooting at an Airbnb in Orinda, California. Five people were killed in the shooting, which happened during an unauthorized Halloween party.
The $40 million program provides up to $500 a week for up to four weeks to renters whose income is lower than it was on March 6 due to the COVID-19 pandemic.