Yearly Archives: 2017
Norton Begins Defense of D.C. Home Rule After Slew of Bills Introduced, Files Amendment...
The office of Congresswoman Eleanor Holmes Norton (D-DC) announced that Norton has filed an amendment at the House Rules Committee to H.R. 7, the No Taxpayer Funding for Abortion and Abortion Insurance Full Disclosure Act of 2017, to strike the provision making the bill applicable to the District of Columbia. The Rules Committee will hold a markup today, Monday, January 23, 2017, at 5:00 p.m., in H-313, to decide what amendments, if any, will be allowed to be offered when bill goes to the floor tomorrow.
KTGY-designed Muir Pointe in Hercules Expects to Open Models in Early 2017
International award-winning firm KTGY Architecture + Planning is pleased to announce that Muir Pointe featuring 144 single-family homes within two neighborhoods, The Cove and The Tides, will be the newest residential community to open at the 106-acre Bayside master-planned community in the city of Hercules, Calif. Built by Taylor Morrison, a leading national homebuilder and developer, and designed by KTGY, Muir Pointe’s waterfront location offers easy access to freeways and public transportation and provides a convenient commute to major employment centers in the San Francisco Bay Area. More...
On First Day in Office, Trump Makes it More Expensive for Americans to Buy...
After being sworn into office today, the administration of President Donald Trump moved to raise Federal Housing Administration, or FHA, premiums for new homebuyers by 25 basis points. This action, which reverses an Obama administration move to lower premiums by 25 basis points, will cost a new homebuyer an additional $500 on their housing payments in 2017. The lower premium rate, the FHA estimated, could have made homeownership affordable for an additional 250,000 first-time homebuyers in the next three years
NCRC Statement on Trump Administration Raising FHA Mortgage Premiums
Today, in reaction to the Trump Administration's action to raise Federal Housing Administration (FHA) mortgage premiums, NCRC President and CEO John Taylor made the following statement
MBA Statement on the Suspension of the MIP Reduction
David H. Stevens, President & CEO Mortgage Bankers Association, released the following statement regarding the Trump Administration's decision to suspend the recent reduction of the FHA mortgage insurance premium
Z Gallerie to Open 225,000 Square-Foot Warehouse in Lithia Springs
JLL announced today it has represented Z Gallerie in its plans to open an east coast distribution and customer service center at Skyview Business Center in Lithia Springs, west of Atlanta. The distribution center is expected to create 115 jobs and be fully operational by 2019. JLL Senior Vice President Steve Grable, SIOR and Executive Vice President Barry Hill represented Z Gallerie in the lease negotiations
United States Reaches Settlement With Meadowvale Dairy of Rock Valley, Iowa, for Clean Water...
Meadowvale Dairy, LLC, has agreed to pay a civil penalty and take actions to prevent illegal discharges to Iowa streams in compliance with the Clean Water Act, officials of the U.S. Environmental Protection Agency and the U.S. Department of Justice announced today. Meadowvale Dairy operates multiple concentrated animal feeding operations in Rock Valley, Iowa
Magellan Pipeline Settles Alleged Clean Water Act Violations Related to Spills in Texas, Nebraska...
The Department of Justice and the U.S. Environmental Protection Agency (EPA) today announced a settlement with Magellan Pipeline Company, L.P., for alleged violations of the Clean Water Act related to gasoline, diesel and jet fuel spills in Texas City, Texas, Nemaha, Neb. and El Dorado, Kan. Magellan has agreed to complete approximately $16 million of injunctive relief across its 11,000-mile pipeline system and pay a $2 million civil penalty.
Statement On Gov. Rick Perry’s Confirmation Hearing For Secretary Of Energy
The Alliance to Save Energy released the following statement from President Kateri Callahan on Gov. Rick Perry’s confirmation hearing for U.S. Secretary of Energy before the Senate Energy and Natural Resources Committee
January 27 BSSC Seminar Will Look at Reinforced Concrete Structures
The first webinar in a new 2017 series hosted by the National Institute of Building Sciences Building Seismic Safety Council (BSSC) and sponsored by the Federal Emergency Management Agency (FEMA) will focus on the seismic design of reinforced concrete structures using the National Earthquake Hazards Reduction Program (NEHRP) 2015 NEHRP Recommended Seismic Provisions for Buildings and Other Structures and its primary reference standards: ASCE/SEI 7-10: Minimum Design Loads for Buildings and Other Structures and ACI 318-14: Building Code Requirements for Structural Concrete.
SBIC Recognizes 2016 Beyond Green™ Award Winners
The National Institute of Building Sciences Sustainable Buildings Industry Council (SBIC) recognized the 2016 Beyond Green™ High-Performance Building and Community Awards winners on Thursday, January 12, 2017, at the Beyond Green™ Awards Luncheon, sponsored by Tally® and held during Building Innovation 2017: The National Institute of Building Sciences Fifth Annual Conference and Expo in Washington, D.C.
GSA provides the best value for government and the American people in real estate,...
The U.S. General Services Administration (GSA), established by President Harry S. Truman in 1949, has been delivering the best value in real estate, acquisition and technology services, to the federal government and American people for more than 67 years. The agency’s core mission is to help federal agencies buy smarter, reduce their real estate footprint, provide efficient, cost saving technology and create a better, faster federal government
Remodeling Market Optimism Remains Positive in Fourth Quarter
The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 53 in the fourth quarter of 2016, a decrease of four points from the previous quarter, but on par with levels seen in the first half of 2016. Remodeler confidence has held firm in positive territory for 15 straight quarters.
Nationwide Housing Production Up 11.3 Percent in December on Multifamily Surge
A surge in multifamily production resulted in overall nationwide housing starts rising 11.3 percent to a seasonally adjusted annual rate of 1.23 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Single-family starts dropped 4 percent to a seasonally adjusted annual rate of 795,000 units
HUD RELEASES COMPREHENSIVE ASSESSMENT OF HOUSING NEEDS OF AMERICAN INDIANS AND ALASKA NATIVES
American Indian tribes are building more housing units after enactment of the Native American Housing Assistance and Self-Determination Act of 1996 (NAHASDA) but housing conditions are substantially worse among American Indian households than other U.S. households. These are some of the findings of three new comprehensive reports of tribal housing needs released today by the U.S. Department of Housing and Urban Development (HUD) and the Urban Institute.
HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN DECEMBER
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential construction statistics for December 2016
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 0.8 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 13, 2017. The previous week's results included an adjustment for the New Year's holiday.
Credit Suisse Agrees to Pay $5.28 Billion in Connection with its Sale of Residential...
The Justice Department announced today a $5.28 billion settlement with Credit Suisse related to Credit Suisse’s conduct in the packaging, securitization, issuance, marketing and sale of residential mortgage-backed securities (RMBS) between 2005 and 2007. The resolution announced today requires Credit Suisse to pay $2.48 billion as a civil penalty under the Financial Institutions Reform, Recovery and Enforcement Act (FIRREA).
$5M Foundation Gift to Help Support US-China Energy Center at Berkeley Lab
In 2015, Lawrence Berkeley National Laboratory (Berkeley Lab) and UC Berkeley announced a partnership with Tsinghua University in Beijing. They formed the Berkeley Tsinghua Joint Research Center on Energy and Climate Change, a center helping to develop scientifically based clean energy solutions and the next generation of leaders to champion those solutions
A New Podcast Launched by ULI
The Urban Land Institute (ULI) has launched a new podcast series, Leading Voices with ULI, which offers personal leadership stories from some of the most innovative professionals in the real estate and land use industries.
