News and Views
Approximately 30,000 tenants gathered in East Point, a suburb just outside of Atlanta, to stand in line for a Section 8 housing application. There are 455 newly available Section 8 vouchers, which renters can use anywhere in the country.
Judge Green orders FL-based special servicer LNR Property to make $2.5 million in repairs at 10 foreclosed buildings in the Bronx.
The Massachusetts State Senate is considering the woes of tenants victimized by the foreclosure crisis. It recently gave unanimous support to a law that targeted stabilization of the neighbourhood by giving protection to the tenants from eviction due to foreclosure. The Senate gave the nod to Act to Stabilize Neighborhoods.
California-based management company Proresidential has failed to pay the water bill for its tenant-occupied apartment complex in Oklahoma. The city has moved to shut off water service, and tenants have until Christmas to vacate.