Section 8 Housing

Are Housing Subsidies by Lottery Fair?
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Are Housing Subsidies by Lottery Fair?

Why does random chance decide who gets help with the rent? More

L.A. County to Pay $2 million to Antelope Valley Housing Discrimination Victims
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L.A. County to Pay $2 million to Antelope Valley Housing Discrimination Victims

Los Angeles Times reporter Abby Sewell digs into the terms of a $2 million... More

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Giant Purchase

In August, Shaquille O'Neal signed a deal to buy and renovate Section 8 housing in Colorado. More

Downtown Dream
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Downtown Dream

Decrepit public housing project is replaced with a beautiful new subdivision. But... More

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Big Builder News Bits

According to a company spokesperson who asked not to be identified, Greenpoint (NYSE: GPT) wanted to slash its credit risks and to remove a "negative perception" associated with HUD-code housing. The $850 million of on-balance sheet MH loans have been sold to undisclosed Wall Street firms.Other industry players, such as Conseco (NYSE: CNC) and Chase Manhattan Mortgage Corp. (NYSE: CMMC) will have to step up their credit availability if the demands of the industry are to be met.Industry Movers and ShakersAfter 27 years with J.F. Shea Co., industry leader Roy Humphreys is retiring. Former president of Shea Homes, the country's largest privately held home builder, Humphreys helped establish the Malcolm Baldridge Award criteria that became the framework of the company. More

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