Daily Archives: March 6, 2020

20 Tactics to Optimize Every Social Media Post (Part 1) – #TomFerryShow

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Part of being a good leader is recognizing when someone else is better suited for a role than you are.

Case in point: Today’s #TomFerryShow guest host Jason Pantana discussing social media tactics! That’s right… Tom asked Jason share 20 Tactics to Optimize Every Social Media Post. You won’t want to miss his hacks when it comes to:

• Ideal video runtimes

• The importance of an attention-grabbing thumbnail

• Why subtitles are critical And many more topics you might have never thought of!

Get more from your efforts with Jason’s expert advice…

Fannie Mae Announces $50 Million Investment in Low-Income Housing Tax Credit Fund

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New Fund Will Focus on LIHTC Properties Located in Areas That Experience Major Disasters or Emergencies

Washington, D.C. – March 5, 2020 (PRNewswire) Fannie Mae (OTCQB: FNMA) today announced that it has committed to invest up to $50 million in a low-income housing tax credit (LIHTC) fund that will support properties in disaster-stricken areas. The investment is part of Fannie Mae’s ongoing commitment to affordable rental housing in underserved markets. Fannie Mae has committed over $1 billion to LIHTC investments since 2018.

Fannie Mae will partner with Boston Capital to invest in the Disaster Area Housing Recovery (DAHR) Fund I. The DAHR Fund will target proprietary investments in LIHTC properties located in areas that the President of the United States has declared to have experienced a major disaster or emergency and, thus, are entitled to disaster relief support through the Federal Emergency Management Agency (FEMA) and other agencies.

“Disaster relief calls for many different considerations and the repair and reconstruction of housing for our most vulnerable communities is just one way we can support underserved markets in America,” said Dana Brown, Vice President, LIHTC Investments, Fannie Mae. “This fund allows us to channel much needed capital to communities that have experienced a major disaster or an emergency.”

The Federal Housing Finance Agency (FHFA) approved Fannie Mae’s re-entry into the LIHTC market as an equity investor in November 2017. Fannie Mae’s return to the LIHTC market expands the company’s efforts to increase and improve affordable housing stock and help those markets most in need of support.

The DAHR Fund will provide capital to support the construction and rehabilitation of affordable and mixed-income housing to alleviate the impact of major disasters or emergencies to households and employers, and to assist in stimulating general economic activity in disaster impacted areas. The fund also will support, when possible, hazard mitigation initiatives in the design of affordable and mixed-income housing. Additionally, tenants in disaster impacted areas will be able to get services through Fannie Mae’s Disaster Response Network™ to help manage FEMA and insurance claims, relocate to temporary housing as well as find state and federal disaster housing assistance.

Since 2018, Fannie Mae has committed over $1 billion to LIHTC investments through a diverse group of funds in high-needs areas including rural and Native American locations. Fannie Mae also has supported a range of projects for formerly homeless families and individuals and other targeted populations, as well as mixed-income tax exempt bond transactions. Our LIHTC investments have helped fund the construction of new properties and the rehabilitation and preservation of existing housing.

For more information about Fannie Mae’s Low-Income Housing Tax Credit program, visit our LIHTC program website.

About Fannie Mae
Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk. To learn more, visit: fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog

NAR Announces Changes to Upcoming Conference Schedule

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Washington, D.C. – March 5, 2020 (nar.realtor) The National Association of Realtors® today announced that it will not hold two conferences scheduled to take place in California later this month. NAR’s Joint AE Institute (March 13-16 in San Diego) and REALTOR® Broker Summit (March 31-April 1 in Los Angeles) will not be held as planned in response to coronavirus concerns, particularly those emerging on the West Coast of the United States.

California Governor Gavin Newsom declared a state of emergency yesterday after the state’s first death connected to coronavirus. As of Wednesday, March 4, the state reported more than 50 confirmed cases across 12 counties.

NAR is considering alternatives and potential avenues through which to reschedule, relocate or redesign these conferences later in 2020.

In an effort to help its 1.4 million members respond to the virus’ potential impact on the real estate industry, NAR prepared Realtor®-specific guidance while also offering assistance to state and local Realtor® associations addressing the issue in their own communities.

NAR will announce decisions about additional upcoming events as those determinations are made in the coming weeks.

The National Association of Realtors® is America’s largest trade association, representing more than 1.4 million members involved in all aspects of the residential and commercial real estate industries.