NEWS FROM SCVBR

NAR Releases Qualified Opportunities Zone Toolkit

Qualified Opportunity Zones The National Association of REALTORS® is working with federal agencies, Congress, and community development groups to ensure that the Qualified Opportunity Zone (QOZ) program brings business opportunities for REALTORS®, as well as opportunities for them to be involved in the planning of new developments and businesses within zones. For this program to be a success, new developments …

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HUD to Announced Long-Awaited Condo Rules

The U.S. Department of Housing and Urban Development is expected to release updated guidance tomorrow on FHA-insured condominium financing. The new rules should benefit your real estate clients and customers by allowing more buyers to obtain low down-payment mortgages on affordable housing options. Specifically, the new rules will: Extend FHA certifications on condo developments from two years to three years, …

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VAR Part of New Vermont Initiative to Promote Housing Choices

The Vermont Association of REALTORS (VAR) is partnering with the the state’s Department of Housing and Community Development on Zoning for Great Neighborhoods, a project aimed at helping Vermont cities and towns address regulatory barriers to providing housing choices for more Vermonters. The project will provide guidance and model regulations to build a better pipeline for the development of all …

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