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Tag Archives: HUD

Lawyers for or apartment complexes, residents not ready to back off suits

» Lingering questions after HUD’s Ridgeland settlement could keep litigation alive By TED CARTER Ridgeland’s Fair Housing Act settlement with the U.S. Department of Housing and Urban Development does not end private litigation that arose in the past 18 months over the City’s effort to displace thousands of residents from multi-family rental complexes. A lawyer for several Ridgeland rental complexes says ...

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UPDATED: HUD forces Ridgeland to cease effort to eliminate rental housing complexes

Federal housing agency charged City sought to displace minority residents   By TED CARTER In a move that lets Ridgeland avoid Fair Housing Act violation penalties from the U.S. Department of Housing and Urban Development, city officials have agreed to scrap provisions of a 2014 zoning ordinance that could have forced more than a dozen rental apartment complexes out of business. ...

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Hicks named to HUD panel

Cassie Hicks, director of Housing at The University of Southern Mississippi Institute for Disability Studies, has been named as one of 12 members of the first-ever Housing Counseling Federal Advisory Committee. The U.S. Department of Housing and Urban Development organized the committee as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. The advisory panel ...

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HUD’s racism charge could nudge Ridgeland into settling housing bias issues

By TED CARTER Ridgeland can put health and public safety atop its list of reasons to rid the city of a great number of its multi-family housing units. But then it must justify the dislocation of large numbers of low-and-moderate-income residents, many of whom are black and Hispanic. That justification is probably out of reach, according to Ed Sullivan, who practiced ...

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HUD charges Ridgeland targeted removal of minorities with zoning law

The goal has been to transform southeast Ridgeland by getting rid of apartments predominantly occupied by African-Americans, HUD says By TED CARTER Ridgeland officials are engaging in “unlawful discrimination based on race,” the U.S. Department of Housing and Urban Development alleges in an administrative complaint that addresses Ridgeland’s campaign to dramatically reduce multi-family rental units in the city. HUD made no ...

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HUD’s suspensions on JRA remain a year later

By TED CARTER The U.S. Department of Housing and Urban Development has little progress to report one year after suspending the Jackson Redevelopment Authority from further dealings with the agency. The JRA remains suspended for mistakes it made in using HUD dollars to acquire properties for the Farish Street redevelopment, a project that has been dormant since the JRA voided its ...

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BREAKING: Chancery order voids Watkins’ $4.7 million Farish lien

Remember Jackson’s Farish Street? It’s back in the news with a Chancery Court summary judgment issued Thursday invalidating a $4.7 million lien developer David Watkins put on the buildings along the first block of Farish Street after the Jackson Redevelopment Authority booted him from a stalled effort to remake the block into an entertainment and dining district. The JRA gave ...

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Distressed mortgage borrowers get 6 extra months under new HUD rules

By TED CARTER Homeowners who have fallen significantly behind on their mortgages are getting six additional months to stave off foreclosure, thanks to a new mandate from the U.S. Department of Housing and Urban Development. HUD, in rule changes announced last Friday, is requiring servicers of Federal Housing Administration-backed loans to delay foreclosure for a full year and to evaluate ...

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COMMERCIAL FINANCE 701: Permanent loans & other oxymora

  A n oxymoron – a clever figure of speech that seemingly contradicts itself – can be pretty amusing.  Jumbo shrimp.  Postal Service. Justice Ginsburg.  Devout atheist.  Unbiased opinion. One of our favorite finance-related oxymora is PERMANENT LOANS.  Our partner Roger Williams leads an active practice group specializing in permanent loans for multifamily properties.  But don’t be duped.  Permanent loans ...

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JRA plans image makeover, hires crisis manager

The Jackson Redevelopment Authority has conceded it has an image problem and is getting professional help to fix it. The agency widely known for the low priority it puts on transparency wants a makeover in public perception. It’s hired Yellow Brick Media Concepts of Jackson to provide it. The board received a proposal from Yellow Brick principal Kathy Times for ...

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