Yearly Archives: 2016
JON GRESLEY NAMED HUD PACIFIC REGIONAL ADMINISTRATOR
U.S. Housing and Urban Development (HUD) Secretary Julián Castro named Jon Gresley to serve as HUD’s Regional Administrator in Region 9, which includes the western states of Arizona, California, Hawaii, Nevada, and the U.S. territories in the Outer Pacific.
Soothe Expands Operations to The Souferian Group’s Iconic Hollywood Office Building
The Souferian Group, a Los Angeles-based real estate development, investment and advisory firm founded and led by Behzad Souferian and focused on developing distinctively branded and designed lifestyle-driven properties, has announced the closing of a full-floor lease for Soothe, an app-based on-demand massage technology company. The company’s expanded operations will occupy the entire sixth floor of 1800 North Highland Ave., a seven-story, Class A office structure located at the gateway to Hollywood’s world-renowned entertainment district.
Crescent Communities Starts Construction on New Industrial Building at Lakemont
Crescent Communities has commenced construction on Lakemont East, an innovative industrial building in Fort Mill, South Carolina. Lakemont East, which offers 201,000-square-feet of multi-use space, is the latest addition at the 864-acre Lakemont Industrial Park, where Crescent has developed more than 5 million square feet of space in Charlotte’s Southwest and York County submarkets. Located on Springhill Farm Road off Carowinds Boulevard, Lakemont East features an innovative design and sustainable features
Scientists Cite New Data, Concluding Risk-Based Fuel Reduction Is Needed to Save Our Forests
Ranking Member of the U.S. Senate Energy Committee Maria Cantwell (D-Wash.) joined leading scientists who provided new data showing that the majority of ponderosa pine forests in the country are at grave risk of being killed by the new, more severe fires we are now seeing. New data shows that, without a new plan, increasing warm temperatures will result in 67 million acres of our country’s forests being lost to unnaturally severe wildfires—10 percent of U.S. forests
HUD Properties Available for Homeless Services
In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Sept. 16, 2016, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Illinois, Kentucky, New Jersey, and Maryland.
HUD-CDC STUDY FINDS CHILDREN LIVING IN FEDERALLY SUPPORTED HOUSING HAVE LOWER LEVELS OF LEAD...
The average amount of potentially harmful lead in the blood of children in low-income families living in federally assisted housing is significantly lower than comparable children not living in federally assisted housing. That's the principle conclusion of a study by the U.S. Department of Housing and Urban Development (HUD) and the Centers for Disease Control and Prevention (CDC) published today in the American Journal of Public Health
National BIM Guide for Owners Now Available for Public Review
The National Institute of Building Sciences has completed development of a new guideline to help building owners and their design teams utilize building information modeling (BIM). The National BIM Guide for Owners (NBGO) draft is now available for public review and comment until Monday, October 31.
PUCN Approves Grandfathering Solar Policy
The Public Utilities Commission of Nevada (PUCN) adopted regulations today that protect NV Energy customers who had installed a solar system, or submitted an interconnection request, prior to Dec. 31, 2015. The new “grandfathering” rules will allow those existing NV Energy solar customers to operate under previous net metering rules. Following is a statement from Sean Gallagher, the vice president of state affairs for the Solar Energy Industries Association (SEIA)
NREL to Lead New Consortium to Improve Reliability and Performance of Solar Modules
The Energy Department's National Renewable Energy Laboratory (NREL), in partnership with Sandia National Laboratories, Lawrence Berkeley National Laboratory, and SLAC National Accelerator Laboratory, will form a new consortium intended to accelerate the development of module materials for photovoltaics (PV) and lower the cost of electricity generated by solar power.
U.S. Wins Trade Case Against India
A World Trade Organization (WTO) appellate body issued a report today affirming the United States victory in the U.S. challenge to India’s “localization” rules, which discriminated against imported solar cells and modules under India’s National Solar Mission. Following is a statement from Christopher Mansour, vice president of federal affairs for the Solar Energy Industries Association (SEIA), on the decision
Committee Hearing Schedule for the Week of September 19
Financial Services Committee Chairman Jeb Hensarling (R-TX) today announced the committee’s schedule for the week of Sept. 19:
The Boulder Group Arranges Sale of Single Tenant Net Lease Movie Theater Portfolio
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased movie theatre portfolio consisting of three properties located in North Carolina for $15,973,000. The portfolio consists of three long term leased movie theaters with over 16 years remaining tenanted by Coastal Cinemas, Creekside Cinemas, and Spring Lane Cinemas. The absolute triple net leases feature annual rental escalations and no landlord responsibilities. Each of the properties is located in strategic retail locations with minimal competition in the surrounding trade areas.
HUD ISSUES NEW GUIDANCE ON FAIR HOUSING PROTECTIONS FOR PEOPLE WITH LIMITED ENGLISH PROFICIENCY
The U.S. Department of Housing and Urban Development (HUD) today issued “Limited English Proficiency” (LEP) guidance that addresses how the Fair Housing Act would apply to claims of housing discrimination brought by people because they do not speak, read, or write English proficiently. More than 25 million people in the United States do not communicate proficiently in English.
Chrysler Liquidating Trust Commits $750,000 to Support Homeless Veterans
The Department of Veterans Affairs (VA) is partnering with Chrysler Liquidating Trust to provide funds to support VA efforts to end Veteran homelessness. The partnership is part of the MyVA Strategic Partnership Initiative, which works with external organizations to improve the delivery and access of care for Veterans
NEW “COMPOSITE” RETIREMENT PLAN CONCEPT WILL STRENGTHEN RETIRMENT BENEFITS FOR WORKERS BY MAKING MULTI-EMPLOYER...
New House Education and the Workforce Committee Composite Retirement Plan Concept Will Provoke Vital Debate on the Best Way to Protect Workers, Retirees and Employers. The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in response to the House Education and the Workforce Committee’s newly released composite retirement plan concept
U.S. Building Owners Show Strong Support for Better Designed, Healthier Buildings to Improve Employee...
The design and construction of healthier buildings is a key business benefit for building owners, developers, managers and investors, according to the results of a new SmartMarket Report released today by Dodge Data & Analytics and to which the U.S. Green Building Council (USGBC) is a contributing partner.
Norton Introduces Bill to Make D.C. Eligible for Federal Flood Mitigation and Prevention Funds
Congresswoman Eleanor Holmes Norton (D-DC), a senior member of the House Transportation and Infrastructure Committee, has introduced a bill to amend the Coastal Zone Management Act of 1972 (CMZA) in order to include the District of Columbia in the definition of a coastal state, which would make D.C. eligible for federal coastal zone management funding. Norton’s bill would also give the District oversight for federally issued permits/facilities/actions that affect the coastal waters of the District. Norton said she believes the District’s omission from the CMZA was an unintentional oversight, as the CMZA was passed in 1972—before the District achieved home rule—and the territories were included.
Mortgage Applications for New Home Purchases Increase in August
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for August 2016 shows mortgage applications for new home purchases increased by 5 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 4.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 9, 2016. This week's results included an adjustment for the Labor Day holiday.
Berkeley Lab Awarded DOE Grants for Greener Buildings
Lawrence Berkeley National Laboratory (Berkeley Lab) has been awarded more than $4 million by the Department of Energy (DOE) to undertake three projects aimed at improving the energy efficiency of buildings, which account for more than 40 percent of the country’s energy consumption and greenhouse gas emissions.