The federal government is looking into putting the state’s hurricane evacuees in foreclosed homes if a major storm hits the state. The plan is meant to keep displaced residents close to their communities and do some good with foreclosed homes. The Federal Emergency Management Agency would probably contact mortgage holders for lists of available homes, assign homes to evacuees, and pay rent to the owners of the houses. The idea could be duplicated around the country if it’s successful in Florida.
|Brock Development scores loan, breaks ground on Palm Beach Gardens hotel|
|The Weekly Dish: Bocce Bar’s space to become Skorpios restaurant & more|
|South Florida construction starts spike in January: report|
|Can a startup Miami brokerage make the flat-fee model work?|
|General Growth Properties raises its ownership stake in Miami Design District|