Congress approved $10 billion in federal assistance to help homeowners pay off debt, but the program is moving so slowly that protections are expiring before states have figured out how to distribute the money.
More than 51,000 eviction filings have been made in Indiana during the pandemic, including nearly 16,000 in the Indianapolis metropolitan area, according to Indiana Legal Services.
A House panel convened to consider emergency legislation to extend the ban, which expires Saturday, through Dec. 31. But approving an extension would be a steep climb in the narrowly-split Congress.
The Noblesville City Council voted unanimously this week to approve a list of 80 parcels between River Road and 11th Street that it will need to temporarily, partially or wholly acquire for the first phase of the $113 million project.
As of July 5, roughly 3.6 million people in the U.S. said they faced eviction in the next two months, according to a U.S. Census Bureau survey.
So far this year, 5,710 single-family building permits have been filed in the area, up 46% over the first six months of 2020.
The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.
The Fishers City Council reviewed two petitions Monday seeking to rezone a total of 167 acres of farmland to make way for two neighborhoods along Florida Road, between 113th Street and Southeastern Parkway.
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.
The seller’s market in residential real estate grew even stronger in central Indiana in June, with existing homes selling at a faster pace and buyers spending extra to land properties.
A federal freeze on most evictions that was enacted last year is scheduled to expire July 31. Although no statewide data exists, Indiana housing experts estimated that roughly 13% of tenants—about 106,000 Indiana households—are at risk of eviction.
The New York City-based residential real estate firm, which went public in April with a $450 million IPO, said the local agents had more than $160 million in 2020 sales volume.
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.
Arbor Homes, the most-active home builder in the Indianapolis area, said the acquisition of R&R Plumbing “will bolster the company’s existing efficient building processes.”
Swimming pools can be the best place to be when you’re outside; they’re a great luxury and a place to keep fit.
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.
The largest and oldest residential real estate brokerage in Indiana has been acquired by Pittsburgh-based Howard Hanna Real Estate Services, the biggest independent brokerage in the United States, the companies announced Tuesday morning.
So far this year, 4,676 single-family building permits have been filed in the nine-county Indianapolis area, up 49% over the first five months of 2020.
The 8,000-square-foot house, built in 1988, has six bedrooms and 4-1/2 bathrooms. There’s a sun room with a huge jacuzzi, a custom kitchen, and a game room and a pocket bar—featuring bright blue counters and cabinets—built to house a bartender to serve guests.
Local firms Apex Realty Group LLC and Arbor Homes have partnered to build at least 60 houses on the property at the southeast corner of West 79th Street and Michigan Road, as part of a phased buildout for the development known as Augusta Heights.
