Industry News

• Update on Texas’s Rent Relief Program; Funds Available with More to Come

  March 15, 2021 - This is an update to our previous post about Texas’ Rent Relief Program. TDHCA announced on Saturday, March 13, the Texas Rent Relief Program has launched a new application system. The new system hopes to...

• Can Landlords Apply for Rent Relief on Behalf of Tenants & Does it Cover Lot Rent?

  March 15, 2021 - While we linked to TDHCA’s Q&A in our previous post, we continue to get questions from members on applying to the Texas Rent Relief Program. The most common question is if a landlord, or community...

• From the 87th - Day 52

  March 04, 2021 - We are now 52 days into the 140-day Legislative Session. And, nearly 2/5ths into this session and it continues to prove unlike any previous session in recent memory. We are currently looking at a scaled...

• Gov. Abbotts Ends Mask Mandate and Fully Opens Businesses on March 10

  March 04, 2021 - On March 2, Gov. Abbott announced that the state’s mask mandate will end on March 10th, and that all businesses can return to 100 percent capacity. The business re-opening provisions include sporting events, concerts, and...

• CDC Eviction Case in TX District Court

  March 03, 2021 - Last Friday, a TX District court ruled that the CDC eviction moratorium was unconstitutional. But this does not mean the order is immediately invalidated across Texas or the nation. The CDC and Dept. of Justice...

• TDHCA Eviction Diversion Program and Rent Relief Update

  March 03, 2021 - As we have previous posted, the Texas portion of rental assistance and relief from the prior COVID relief legislation is administered by TDHCA. There is still more than $1 billion available and this program is...

• TDHCA Announces $1.3 billion Tenant and Landlord Rent Relief Funds

  February 10, 2021 - Out of $25 billion dedicated nationally through the Consolidated Appropriations Act of 2021, TDHCA was awarded $1.3 billion in emergency relief funds, which will go toward assisting tenants and landlords in the state of Texas...

• From the 87th A Strange New World and Gov. Abbott's State of the State

  February 02, 2021 - Strange times indeed. Pointing out the obvious, the 87th Session is certainly, at this point, unlike any other prior session. By a long shot. Testing before you enter the Capitol, limiting the number of people...

• The Start...the 87th Has Begun

  January 14, 2021 - The 87th Texas Legislative Session is underway. We have a couple days under our belt of the total 140-day session. As of this post there have been 1,404 bills filed. Our team has gone through...

• CFPB New Rule for "Seasoned QM"

  January 11, 2021 - The CFPB issued a final rule that creates a new type of QM – a Seasoned QM. The “seasoning” is for an amount of time (36-months). The new rule would convert originated non-QMs or rebuttable...

• CFPB Issues New Rule for General QMs

  January 11, 2021 - The basic changes to QMs in the new rule are: No more 43% DTI required for QM underwriting (by your larger and institutional lenders, small creditor exempted lenders never had a hard 43% limit) The...

• Texas’s 87th Legislative Session Starts Tomorrow

  January 11, 2021 - Tomorrow, January 12, 2021, the Texas Legislative Session will begin. Day one of 140 days. With all that is happening currently in our country and state, this session will certainly have new elements never before...

• CFPB Issues New Rules for QMs and Creates "Seasoned QM"

  January 11, 2021 - On December 29, 2020 the CFPB published in the Federal Register two new final rules. One rule modifying provisions related to a “Qualified Mortgage” (QM), and another rule created a new type of QM called...

• Congress Passes Comprehensive Stimulus Bill

  December 22, 2020 - Congress passed the Consolidated Appropriations Act of 2021on Monday, December 21, 2020. President Trump sign the bill into law on Sunday, December 27, 2021. We will have additional information on various details of the new...

• November 2020 Texas Legislature Election Results

  November 04, 2020 - I know nearly all eyes are still transfixed on the handful of states still counting votes in the presidential election. And while those results are not yet known, we do now know the results of...

• Update on Texas Evictions and New Texas Eviction Diversion Program

  October 08, 2020 - It’s been and continues to be a whirlwind when it comes to the eviction process in Texas, and throughout the country. From the CARES Act, FHFA forbearance, local prohibitions (Austin, Dallas, San Marcos, San Antonio),...

• CARES Act Eviction and Late Fee Moratorium and Commercial Loan Forbearance  

  September 04, 2020 - Temporary Moratorium on Eviction Filings The CARES Act enacted a Temporary Moratorium on Eviction Filings. As it might apply to some manufactured home communities, this moratorium ONLY applies to “federally backed multifamily mortgage loans.” For...

• CDC Announces Nationwide Eviction Prohibition

  September 02, 2020 - The federal Centers for Disease Control and Prevention (CDC) will formally issue an Order under Section 361 of the Public Health Service Act to temporarily halt residential evictions effective on September 4 and lasting until...

• AG Paxton Issues Opinion on City and County Imposed Eviction Restrictions 

  August 11, 2020 - On August 7, Texas Attorney General Ken Paxton issued anopinionaddressing a request from Sen. Brandon Creighton questioning the validity of orders adopted by local governmental entities, operating under local emergency declarations, to delay, prohibit, or...

• President Trump Issues Executive Orders Addressing Assistance to Renters and Homeowners

  August 11, 2020 - On August 8, President Trump signed an executive order stating that it is the, “policy of the United States to minimize, to the greatest extent possible, residential evictions and foreclosures…the Secretary of Health and Human...

• TX Supreme Court CARES Act Affidavit Requirement and Travis County Evictions Moratorium Extension

  July 23, 2020 - On July 22, the Texas Supreme Court updated a previous order extending an affidavit requirement through August 24 for all eviction proceedings. The order states the property must certify whether or not the premises is...

• FHFA Extends Foreclosure and Eviction Moratorium

  June 12, 2020 - Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac willextendtheir single-familymoratorium on foreclosures and evictions until at least August 31, 2020.The foreclosure moratorium applies to federally-backed, single-family mortgages only. The current moratorium...

• Paycheck Protection Program Flexibility Act Becomes Law

  June 08, 2020 - Paycheck Protection Program Flexibility Act (HR 7010) was signed into law on June 5, 2020. This bill modifies provisions related to the forgiveness of loans made to small businesses under the Paycheck Protection Program implemented...

• City of Austin Passes CARES Act Landlord Disclosure Requirement

  May 28, 2020 - Attention all MH Community owners with interests in the City of Austin: The City of Austin passed an ordinance requiring that if a resident submits a written request asking if the property is covered by...

• Evictions Update and Local Jurisdictions

  May 20, 2020 - In these unprecedented times we continue to navigate our ever-changing environment. The layers of government actions spanning from federal, state, and then down to counties and cities can prove a daunting task to unravel. The...

• Texas Begins to Re-Open on May 1

  April 28, 2020 - Gov. Abbott announced that starting on May 1, “Phase I” of the state’s re-opening process will begin. In addition to the governor’s prior order allowing essential businesses to remain open (which included all forms of...

• Gov. Abbott Issues Statewide Exec. Order GA 14 “Essential Services”

  April 02, 2020 - At his Tuesday, March 31, 2020, press conference, Gov. Abbott announced his issuance of Executive Order GA – 14 “Essential Services.” Gov. Abbott’s order lists, as a statewide designation, 17 Essential Critical Infrastructure Sectors. His...

• Paycheck Protection Program - New SBA Program in CARES Act Response to COVID-19

  March 30, 2020 - ThePaycheck Protection Program is intended to keep workers on small businesses’ payrolls by offering the business owners forgivable loans. This program is administered though SBA approved lenders (lenders approved to make SBA 7(a) loans). It...

• Economic Injury Disaster Loan with New Emergency Grant of $10K

  March 30, 2020 - Economic Injury Disaster Loan (EIDL) assistance program was in existence prior to COVID-19 for the purpose of assisting small business in the wake of any declared disaster. However, in the CARES Act there were addition...

• H.R. 748 Coronavirus Aid, Relief, and Economic Security (CARES) Act Passes Congress

  March 27, 2020 - Congress has passed its “phase III” more than $2 trillion relief legislation. The Coronavirus Aid, Relief, and Economic Security (CARES) Act, was signed into law by President Trump hours following its passage by the House....

• Fannie Mae and Freddie Mac Announce Forbearance Programs for Multifamily Commercial Loans - Impacting TX MH Communities

  March 24, 2020 - First, for our community owners who might have their communities financed through Freddie Mac’s multifamily commercial loan programs, this morning Freddie announced a program allowing 90-day deferment of loan payments by showing hardship as a...

• TMHA Submits Request to Gov. Abbot for Factory-Built Housing to be an “Essential Service”

  March 24, 2020 - At this point, Gov. Abbott has not issued a state-wide “shelter in place” order. However, cities and counties throughout Texas have issued their own local orders. We are currently aware of and are tracking the...

• Links and List of Texas Local Shelter in Place Orders

  March 24, 2020 - Here are the cities and counties that we are tracking that have issued local shelter in place orders. TMHA strongly encourages members to consult with their legal counsel and company decision makers to evaluate the...

• TX Supreme Court Halts All Evictions and COVID-19 TMHA Update

  March 20, 2020 - The Texas Supreme Court has issued a statewide moratorium on evictions until at least April 30 The only exception are for cases when: “Landlords may proceed with eviction cases only if the actions of the...

• New HUD Formaldehyde Rule and the Impact in Texas

  February 27, 2020 - On March 2, 2020, the manufactured housing industry will switch over to the 2020 version of the HUD-code. The most significant updates are the changes to the federal Formaldehyde Notice provisions. Manufacturers will be required...