Yearly Archives: 2018
Pittsburgh symposium on community-led transformation brings NeighborWorks America back to its birthplace
In 1968, the collective efforts of Northside Pittsburgh residents led to the creation of the first Neighborhood Housing Services (NHS) organization. The Neighborhood Reinvestment Corporation, known as NeighborWorks America, is a product of the pioneering community development model created 50 years ago.
LAND BANK EMPLOYEE INDICTED FOR SOLICITING AND ACCEPTING IMPROVEMENTS TO HIS PROPERTY IN RETURN...
A Cuyahoga County Land Bank employee was indicted for soliciting and accepting improvements to his property in Cleveland Heights in return for assisting a demolition company get contracts. Kenneth Tyson, 48, was indicted on one count of conspiracy to commit bribery and honest services fraud, three counts of honest services wire fraud and one count of bribery.
Existing-Home Sales Increase for the First Time in Six Months
Existing-home sales increased in October after six straight months of decreases, according to the National Association of Realtors®. Three of four major U.S. regions saw gains in sales activity last month
Wyden Decries Proposed Weakening of Nursing Homes Safety Protections by Trump Administration
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today expressed serious concerns over proposed rulemaking by the Trump Administration that would weaken the federal government’s standards for emergency preparedness at nursing homes.
Mortgage Applications Decrease Slightly in Latest MBA Weekly Survey
Mortgage applications decreased 0.1 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2018. This week's results do not include an adjustment for the Veterans' Day holiday.
EPA Recognizes Wilmington, Delaware’s Renewable Energy and Biosolids Facility for Excellence and Innovation in...
The U.S. Environmental Protection Agency (EPA) announced it has recognized Wilmington, Delaware’s renewable energy and biosolids facility for excellence and innovation. The Wilmington facility was one of 30 clean water infrastructure projects honored within the Clean Water State Revolving Fund (CWSRF) program
CEDIA Announces 2019 Elected Directors
CEDIA has announced the results from the recent election for the four open positions on the CEDIA Board of Directors. The membership has three new elected directors: Peter Aylett, Michael Cogbill, and Albert Mizrahi; and one re-elected director: Joe Whitaker.
CRL, AFR Urge OCC Not to Weaken Standards in CRA Update
The Center for Responsible Lending, Americans for Financial Reform, and other leading national labor, civil rights, consumer advocacy, fair housing, and legal services organizations responded in a joint comment to the Office of the Comptroller of the Currency’s (OCC) Advance Notice of Proposed Rulemaking (ANPR) on how the agency should update Community Reinvestment Act (CRA) procedures
MBA’s Marcia M. Davies Wins 2018 Stevie® Award for Women in Business
Marcia M. Davies, COO of the Mortgage Bankers Association (MBA) and founder of mPower, was honored as a 2018 Maverick of the Year Silver Stevie® Award winner at the 15th annual Stevie® Awards for Women in Business gala event held on Nov. 16 at the Sheraton New York Times Square Hotel in New York.
Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues
Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, total housing starts rose 1.5 percent in October to a seasonally
Multifamily Builder and Developer Confidence Weakens in Third Quarter as Market Faces Challenges
Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices: The Multifamily Production Index (MPI), which dropped three points to 48 compared to the previous quarter; and the Multifamily Vacancy Index (MVI), which rose two points to 47 compared to the previous quarter.
Department of Energy Announces 32 R&D 100 Award Winners
U.S. Department of Energy (DOE) researchers have won 32 of the R&D 100 awards given out this year by R&D Magazine. The annual awards are given in recognition of exceptional new products or processes that were developed and introduced into the marketplace during the previous year.
Why You Need To Hire A Real Estate Lawyer
Real estate transactions need to be done a certain way. These transactions involve thousands to millions of dollars. In order to safeguard yourself, it is important to have an attorney working with you during any real estate transactions you do. Reputable easement lawyers like the ones found at www.kassounilaw.com can play a crucial role in your dealings. Below are some of the top reasons to hire a real estate lawyer.
The Boulder Group Arranges Sale of Taco Bell Ground Lease in Ohio
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Taco Bell property located at 1194 Park Ave West, Mansfield, Ohio for $642,783.
South Florida Community Land Trust’s First Site In Miami-Dade County in Partnership with the...
On Oct. 23, as part of The Miami Foundation’s My Miami Story, the South Florida Community Land Trust (SFCLT) and the Haitian American Community Development Corporation (HACDC) asked local Miamians to share stories about their community and to discuss one of the biggest issues facing our county: affordable housing
Mayor Bowser Increases District’s Authority to Purchase and Preserve Affordable Housing
Mayor Muriel Bowser announced new regulations that will provide the Executive Office with authority, under the District Opportunity to Purchase Act (DOPA), to preserve more affordable housing for Washingtonians. The new regulations were developed at the recommendation of the DC Housing Preservation Strike Force, a committee created by Mayor Bowser in 2015 and charged with developing an action plan to preserve the District’s existing affordable housing.
FinCEN Reissues Real Estate Geographic Targeting Orders and Expands Coverage to 12 Metropolitan Areas
The Financial Crimes Enforcement Network (FinCEN) today announced the issuance of revised Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real estate
Partnership Grant to Help Businesses Upgrade Building Facades
For Main Street Greenwood, the timing of an $8,000 Partnership Grant Program (PGP) award couldn't have been better. "We were out of money in our general operating account until we received the grant," said Brantley Snipes, executive director of the nonprofit.
National Fair Housing Alliance Supports the Fair Housing Improvement Act of 2018
The National Fair Housing Alliance supports the proposed bipartisan Fair Housing Improvement Act of 2018 co-sponsored by Senators Tim Kaine, D-Virginia and Orrin Hatch, R-Utah. The bill adds two additional protected classes – Veteran Status and Source of Income – to the Fair Housing Act.
Enzi Presses Veterans Affairs for Answers on Problems with GI Benefits
After recent reports that the Department of Veterans Affairs’ (VA) information technology (IT) systems have prevented thousands of veterans from receiving their full GI Bill benefits, Senate Budget Committee Chairman Mike Enzi (R-WY) pressed the agency on what actions it was taking to address this significant problem.
