Yearly Archives: 2016
DHCD Publishes NOFA for National Housing Trust Fund
DHCD posted a Notice of Funding Availability (NOFA) for the National Housing Trust Fund (HTF). DHCD will make available HTF and MRVP vouchers to help finance rental projects with support services for vulnerable populations
HUD REACHES $65 MILLION AGREEMENT WITH PUERTO RICO PUBLIC HOUSING ADMINISTRATION TO IMPROVE ACCESSIBILITY...
The U.S. Department of Housing and Urban Development announced today a $65 million agreement with the Puerto Rico Public Housing Administration to address longstanding accessibility issues affecting housing for residents with disabilities. Read HUD’s Voluntary Compliance Agreement.
Webinar – Accessing VA Benefits
Homeless veteran service providers, especially HVRP grantees, recognize the critical connection between a viable income and housing stability. Homeless veterans may be rapidly connected to housing, but they are better able to stay in housing when they are earning a livable wage. While placement in competitive employment may be the ultimate goal, service providers can utilize benefits payments to help homeless veterans find stability while they are seeking and even after obtaining employment
Alleged Architect of $30 Million Mortgage Relief Fraud Scheme and Four Others Indicted in...
The alleged architect of a $30 million mortgage relief fraud scheme and four other former employees of a purported mortgage relief company were charged in an indictment unsealed today for their alleged participation in a conspiracy to defraud banks and homeowners.
CONSTRUCTION EMPLOYMENT RISES IN 35 STATES FROM SEPTEMBER 2015 TO 2016; ONLY 21 STATES...
Thirty-five states added construction jobs between September 2015 and September 2016 while construction employment increased in only 21 states and the District of Columbia between August and September, according to analysis of Labor Department data released today by the Associated General Contractors of America. Association officials said contractors still report difficulty filling construction jobs, and they urged Congress to complete action on a bill that would help more students gain the skills to qualify for good-paying careers in construction.
Commercial Real Estate Industry Continues to Make Progress in Reducing Energy Consumption, Carbon Emissions...
A new report from the Urban Land Institute’s (ULI) Greenprint Center for Building Performance shows that many of the world’s leading commercial real estate owners and managers are making significant progress in reducing energy consumption, carbon emissions and water usage in their buildings.
Multifamily Lending Up 28 Percent in 2015
In 2015, 2,855 different multifamily lenders provided a total of $249.8 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association's (MBA) 2015 Annual Report on Multifamily Lending. The 2015 dollar volume represents a 28 percent increase from 2014 levels. Sixty-three percent of the active lenders made five or fewer multifamily loans over the course of the year.
PLF’s Burling part of property rights conference in The Hague
This year’s Annual Brigham-Kanner Property Rights Conference, sponsored by William & Mary Law School, is being held this week in The Hague, Netherlands. For the seventh time, Jim Burling, Pacific Legal Foundation’s Director of Litigation, is a featured panelist
First-time Buyers Steer Existing-Home Sales Higher in September
Existing-home sales rebounded strongly in September and were propelled by sales from first-time buyers reaching a 34 percent share, which is a high not seen in over four years, according to the National Association of Realtors®. All major regions saw an increase in closings last month, and distressed sales fell to a new low of 4 percent of the market.
Apartment Markets Retreat in the October NMHC Quarterly Survey
WASHINGTON, D.C. — Apartment markets softened across all four indexes in the October 2016 National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market...
Habitat for Humanity Terwilliger Center for Innovation in Shelter advances inclusive housing markets worldwide
With 1.6 billion people in need of decent and affordable shelter, cities around the world are taking a closer look at their housing markets and the systems that support them.
Further Reducing Homelessness, Foster Care, Child Abuse and Neglect is HEART of Mission
Through collaboration with local advocates, civic and business leaders, HEART (Housing, Empowerment, Achievement, Recovery, Triumph) Alliance for Sustainable Families, is moving forward to preserve more families and ensure the safety of children in Broward County. At a forum held today, HEART rolled out its plan to further engage the community in broader efforts to reduce homelessness among families, caseloads for child welfare agencies, and circumstances that could separate children from their parents.
Influential Atlanta Business Groups Join Forces in Support of TSPLOST
Metro Atlanta’s most-influential real estate and development associations today launched the Unlock ATL campaign in an unprecedented effort to raise awareness of and gain support for the critical transportation referenda on the Nov. 8 ballot. More...
Inland Empire Utilities Agency Launches Advanced Energy Storage System to take on Water-Energy Nexus
The Inland Empire Utilities Agency (IEUA) and Advanced Microgrid Solutions (AMS) will host a dedication event for their landmark water-energy project on October 20 at 11:00 a.m. The project is the first-of-its-kind to integrate renewable resources and energy storage at a public water agency. The system uses Tesla battery technology to integrate solar, wind, biogas and grid resources in order to optimize renewable generation, reduce demand on the electric grid and lower energy costs.
ROEM Brings 116 New, Affordable, Multifamily Apartments to Mountain View
OEM Development Corporation celebrated the groundbreaking of Evelyn Family Apartments on Wednesday, October 19. Located at the southwest intersection of East Evelyn Avenue and South Bernardo Avenue in the City of Mountain View, Evelyn Family Apartments will be an affordable multifamily apartment community on a 1.93 acre site. More...
Vancouver’s MNP Tower Wins NAIOP Award for Top Office Development
Oxford Properties, the real estate arm of OMERS, has been named recipient of the Project of the Year award by NAIOP, the Commercial Real Estate Development Association, for their MNP Tower in Vancouver as part of Oxford Place
Norton to Speak at United Way Resource Fair for D.C.’s Homeless Residents, Today
Congresswoman Eleanor Holmes Norton (D-DC) will speak at the second annual “Project Homeless Connect,” a one-day resource fair, today, Wednesday, October 19, 2016, at 11:00 a.m., at Central Union Mission (65 Massachusetts Ave, NW). The event, presented by United Way of the National Capital Area, will provide on-site medical and dental care and access to housing, employment and other vital services to residents who are experiencing homelessness
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN SEPTEMBER
The U.S. Department of Housing and Urban Development (HUD) and the Census Bure. Privately owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,225,000.
Real Estate Economists Expect Continued Declines in Real Estate Growth Rates, According to a...
Following six years of growth, commercial property transaction volume is expected to decline over the next three years to $428 billion in 2018, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate
IREC Partners with National Apartment Assn to Develop Micro-Credential
About two years ago, IREC began exploring micro-credentials as a means to supplement and, in some cases, provide an alternative to full-scope clean energy certification schemes. Through intensive discussion and research with stakeholders and credentialing partners since then, IREC has helped spur development of a blueprint for micro-credentialing that enables workers in clean energy and allied fields to validate competency in a specialty area