2021 News, news, & more news

Complaints about military housing at Ft Gordon, Ft Stewart at the center of $65 million case against Balfour Beatty Communities

Almost of half of state rental assistance applications are denied, according to records requested by advocate organization

CBRE projects a record breaking year for multifamily investment

Experts predict housing demand, affordability will be key focus in 2022

Pandemic brings major increases in rental rates in Georgia

DCA tells state lawmakers they expect Treasury to approve the voluntary reallocation of ERA money to local govs early next year

Local governments are almost done spending ERA1 money, but could have more to spend if Treasury signs off on DCA transferring funds

NMHC Rent Tracker for week 1 December77.1% rents paid on time, follows 93.1% collections in November

Augusta apartments with multiple code violations catches fire, leaves 15 people temporarily homeless

TransUnion study shows rent payment history provides more predictable credit performance, Freddie Mac has initiative to encourage rent payment reporting to credit agencies

Evictions up as Georgia lags in rental assistance

National median rent increases by 17.8% through 2021

More than 2.5 million Emergency Rental Assistance payments have been distributed, totaling more than $2.8 billion

December ApartmentList Rent Report: rent growth continues to taper off, just 0.1% increase nationally, 0.3% in Atlanta, slowest rate of increase all yearhttps://www.apartmentlist.com/research/national-rent-data

Opinion: Georgia renters have limited protections compared to landlordshttps://www.ajc.com/life/opinion-georgia-renters-face-limited-protections-against-landlords/KH7SGDBMGNBH3I7G6HQTFHMC3Q/

Georgia officials outline plan to speed up rental assistance distribution

Rent control policies back in vogue as officials try to contain rising rent prices

Rent growth continues across the US but at a slower pace

How the $1.2T infrastructure affects multifamily

National group calls Georgia’s rental assistance program “one of the worst in the country”

Renter migration report: 41% of apartment hunters are looking to move, 25% of people looking to move to Atlanta are coming from outside the metro area

Protestors blast DCA for slow pace of rental assistance

11.11.21: 
Rent inflation is Biden’s next headache

Gen Z thinks homeownership is less important and less likely than Millenials
https://www.apartmentlist.com/research/how-does-genz-feel-about-homeownership

NMHC rent tracker for Nov 6^th 2021. Rent collections down this week by more than 2% compared to Nov 2020
https://www.nmhc.org/research-insight/nmhc-rent-payment-tracker/

Greystar sells 30 multifamily properties throughout the US for $3.6 billion

Affordable housing assets are less affordable as market surges, state subsidies still needed to produce affordable housing