Becker & Poliakoff, P.A.’s Post

Have you seen these decline reasons? Please send them here and lets take a look! We wont be cheap, but we might be able to give you a horse in the race. The following reasons were given for rejecting to offer coverage: “The reason for nonrenewal is risk no longer meets our underwriting guidelines due to affordable housing exposure” "No longer writing new in NY, no section 8, no churches” “No schedules over 5 locations, no section 8, no senior, no non profit” “I am unable to consider NYC Habitational and / or Affordable Housing risks at this time.” “No commercial, no senior housing, no section 8, no open HPD violations, no Bronx” “We are only a market for senior housing. No multi-family. No section 8.” “Do not write in five boroughs of New York” "Declination due to habitational NYC exposure” “Declination due to habitational exposure in down state NY [5 boroughs / LI]” “We were just advised by [carrier] that anything with over 10% New York is an auto decline now.”

Overview: After several legislative housing ideas were introduced in the past two years, Karl Eckhart, vice president of state and local government affairs for the NAHB, says a climate exists in 2024 where state legislators are feeling there is the ability to pass housing legislation that “will have a real impact.” #NAHB #housing #housinglegislation #housingnews #housingshortage #housingforecast #housingsupply #housingprices #homeprices #homeaffordability #homeattainability #homeownership #householdformation #americandream #homebuilders #homebuilding #residentialconstruction #newhomeconstruction #newhomes #newbuilds

"Heir Property" result in tangled titles and a myriad of problems for homeowners, municipal governments and the various entities seeking to assist. This was the topic of a recent Fannie Mae blog ("Fannie Mae Research Highlights the Impact of Tangled Titles") and Center for Community Progress webinar (“Heirs’ Property as a Vacancy Issue: How Local Governments Can Address Tangled Title to Address or Prevent Property Abandonment and Deterioration”). The link below provides the blog posting, the webinar recording along with other resources from LISC and AFN. #localgovernment #blight #vacant #localgov #zombieproperties #munireg #zombieforeclosures #abandonedproperties #vpr #vpro #codeenforcement #foreclosure #urbanplanning #citymanagement #codeviolations #vacantpropertyregistration #nuisanceproperties #vadproperties #communitydevelopment #vacantproperties #blightfight #communityengagement #communitypride #neighborhoods #neighborhoodpride #taxforeclosure #taxincentive #realestatedevelopment #propertyrehab #heirproperties #heirproperty Local Initiatives Support Corporation (LISC) National League of Cities United States Conference of Mayors National Housing Conference American Association of Code Enforcement Urban Institute Center for Community Progress Greater Ohio Policy Center Housing Alliance of Pennsylvania Housing and Community Development Network of New Jersey https://lnkd.in/eraAgiKu

In contrast to my earlier updates on D.C.'s affordable housing challenges, it's encouraging to see real progress being made. Kudos to Chairman Mendelson for leading the charge toward much-needed reform. His proposed Emergency Rental Assistance Reform Amendment Act of 2024 addresses the critical rent delinquency issue, a burden that's been constraining housing providers. A few key takeaways from the Chairman that sum up the situation well: “We are not going to improve the housing situation in this city if we are strangling the provider market by preventing evictions.” “There has to be some adjustment toward the middle ... we help folks who need rental assistance, but at the same time we don’t require that the burden be carried by housing providers ... especially affordable housing providers ... to carry more and more debt.” This is a vital first step in supporting the very developers and housing operators that sustain D.C.'s affordable housing stock. Without these reforms, we risk losing more properties to foreclosure and jeopardizing access to safe, stable housing for those who depend on it. Eager to see how this progresses! https://lnkd.in/eq3wr2pJ #AffordableHousing #HousingCrisis #RealEstate #DCPolitics #RentalAssistanceReform #CRE #Greysteel #DC

This is not an issue that can be put on the “backburner” to be solved for another day. We only have one future, one opportunity to get this right . . . let’s not mess it up by squandering it on the status quo. Let’s take a leap of faith and a bold move of courage in working together to tackle the existential crisis of housing! #utah #housing #housingaffordability #housingcrisis #housingforall https://lnkd.in/gUgvBGyA

Exciting News for Affordable Housing in Chicago! 🏡✨ Discover how the Chicago Community Receivers Program is making a significant impact on affordable housing in our city. This initiative is transforming communities and providing much-needed housing solutions. Check out this detailed article to learn more about the program's efforts and successes! #AffordableHousing #CommunityDevelopment #Chicago #HousingInitiatives #UrbanPlanning

Get advice from experts on how you can gain support from your #housing plan. In this webinar recording: Learn how Americans view housing in their own communities with exclusive Polco data. Elrod Strategic Planning Consultant, Diana Elrod, explains how her company brought people together to discuss much-needed housing in the Bay Area.  And Abby Boyd Director of Housing Opportunities, Virginia Housing, discusses how the #HousingShortage has impacted her state’s communities and what they are doing about it. Read more: https://lnkd.in/ep-sxyHN

Pinnacle partner Coraly Rodriguez recently spoke with Katherine Kallergis of The Real Deal for an article on the #LiveLocalAct and housing in South Florida, highlighting the substantial response Pinnacle received to our lottery for Pinnacle 441, which received over 20,000 applications for just 113 units. This staggering number of applicants underscores the critical shortage of affordable housing options in the region. Pinnacle is committed to addressing this crisis by creating more housing opportunities for residents across all income levels in South Florida. “We are looking to see how we can make market-rate deals work with Live Local and serve that ‘missing middle,’” Coraly said, especially as “it is becoming more competitive and more difficult to procure local subsidies.” Read more below. #affordablehousing #privatepublicpartnership #realestate #CREnews #community #development #realestate #workforcehousing #neighbors #houising #southflorida #miamidade #broward #palmbeach #orlando #tampa #housingnews #affordablehousingnews #workforcehousingnews #news #floridarealestate #marketratehousing #apartmentliving

Senior housing can provide a sense of community and belonging that can be hard to find elsewhere 🤝💕 #Sevenate #realestate #seniorhousing #realtors #realestateinvestor #PrivateMoneyLending #PassiveInvestors#Memphisrealestate #assistedliving #independentliving

HUD Reforms to Manufactured Housing Policy Could Unlock More Affordable Homes 🏠 Affordable housing is a pressing issue in our country, but HUD's recent reforms to manufactured housing policy could be a game changer. By making it easier for developers to build and finance manufactured homes, we could see a significant increase in the availability of affordable homes. This not only benefits low-income families, but also helps to alleviate the housing crisis in many communities. Let's support these reforms and work towards creating more affordable options for all. #HUDreforms #affordablehousing #manufacturedhomes #housingcrisis #affordableliving 🏡