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February 06, 2012
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Real Estate News

 

Hud Housing Program

The Uniform Act, passed by Congress in 1970, is a federal law that establishes minimum standards for federally funded programs and projects that require the acquisition of real property (real estate) or displace persons from their homes, businesses, or farms. The Uniform Act's protections and assistance apply to the acquisition, rehabilitation, or demolition of real property for federal or federally funded projects. 49 CFR Part 24 is the government-wide regulation that implements the URA.

HUD Handbook 1378 provides HUD policy and guidance on implementing the URA and 49 CFR Part 24 for HUD funded programs and projects. This module covers URA requirements as they apply to HUD programs.

What are the URA's objectives?

  • To provide uniform, fair and equitable treatment of persons whose real property is acquired or who are displaced in connection with federally funded projects
  • To ensure relocation assistance is provided to displaced persons to lessen the emotional and financial impact of displacement
  • To ensure that no individual or family is displaced unless decent, safe, and sanitary (DSS) housing is available within the displaced person's financial means
  • To help improve the housing conditions of displaced persons living in substandard housing
  • To encourage and expedite acquisition by agreement and without coercion

 

Contact our Kentucky Real Estate Lawyer Now!

 
Did You Know?    
 
 
Equity skimming is a type of scam
In this type of scam, a "buyer" approaches you, offering to get you out of financial trouble by promising to pay off your mortgage or give you a sum of money when the property is sold. The "buyer" may suggest that you move out quickly and deed the property to him or her. The "buyer" then collects rent for a time, does not make any mortgage payments, and allows the lender to foreclose.

 


  Newsroom  
 


News about real estate cases in Kentucky and nationwide:

Houston Housing Sales Heat Up With Pre-Summer Temperatures
March Brings in Record-Breaking Home Sales and Out-Performs the U.S. 

HOUSTON — (April 25, 2006) — March home sales in the great...

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April Survey Of Real Estate Trends Finds Continued Gains In Real Estate Markets
"Our surveys have shown steady improvement in real estate markets since early last year," FDIC Chairman Ricki Helfer said. "We are pleased to repor...
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Two arrested on federal bribery charges in connection with ticket-fixing scheme at Adjudication Services Branch
>

Washington, D.C. - United States Attorney Roscoe C. Howard, Jr., Acting Assistant Direc...
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Real Estate Terms

 


Today's Terms

Balloon Mortgage

Definition:
A mortgage that typically offers low rates for an initial period of time (usually 5, 7, or 10) years; after that time period elapses, the balance is due or is refinanced by the borrower.

Fair Market Value

Definition:
The price which a willing buyer will pay a willing seller for a piece of real estate.

Bankruptcy

Definition:
A federal law Whereby a person's assets are turned over to a trustee and used to pay off outstanding debts; this usually occurs when someone owes more than they have the ability to repay.

More Real Estate Terms >

 

Real Estate Resources

 


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Real Estate Hot Topics

 
Topics Related to Real Estate Law:

  • Commercial Real Estate
  • Construction
  • Condemnation
  • Landlord / Tenant
  • Mortgage Matters

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Kentucky Real Estate Attorney

 
If you live in the following cities and need an real estate attorney you should contact our Real Estate Attorney as soon as possible:

  • Ashland
  • Bardstown
  • Berea
  • Bowling Green
  • Campbellsville
  • Corbin
  • Covington
  • Danville
  • Elizabethtown
  • Erlanger
  • Florence
  • Frankfort
  • Ft Mitchell
  • Georgetown
  • Glasgow
  • Henderson
  • Hopkinsville
  • Latonia
  • Lexington
  • Louisville
  • Madisonville
  • Mayfield
  • Morehead
  • Murray
  • Newport
  • Nicholasville
  • Owensboro
  • Paducah
  • Pikeville
  • Radcliff
  • Richmond
  • Shelbyville
  • Shepherdsville
  • Versailles
  • Winchester
 


Legal Disclaimers
All attorney listings are a paid attorney advertisement, and do not in any way constitute a referral or endorsement by an approved or authorized lawyer referral service. The information provided on Real Estate Lawyers Kentucky.com is not intended to be real estate advice, but merely conveys general information related to real estate issues commonly encountered.

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