In 2019 the Arizona State Legislature passed, the Governor signed and the United States Department of Interior approved the DCP, the Drought Contingency Plan. One of the provisions was a plan by the lower basin states and Mexico to share in water cutbacks, if needed, between 2020 and 2026. Now it seems, Arizona water cutbacks will begin in January 2022.
While most homebuyers, tenants, agents and sellers have been concerned about inventory, rising prices and multiple offers, the CFPB has been issuing bulletins updating the public on proposed actions.
Water in Arizona –
www.weservgad.org: Water in Arizona – 2022 Shortages
All links mentioned in this podcast can be found in the blogpost
CFPB –
www.weservgad.org: All links mentioned in this podcast can be found in the blogpost CFPB Bulletin Updates – Distressed Borrowers and New Fair Debt Collection Rule Affecting Tenant Evictions Under CDC Moratorium
CFPB Proposed Distressed Borrower Rule
CFPB Fair Debt Collection and Renters
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