Archives
Clinton Global Initiative Annual Meeting Features “Fast Track” Commitment to Action for Reconstructing Safe...
On the second day of this year’s Clinton Global Initiative (CGI) Annual Meeting, the focus of the opening plenary turned to helping Nepal “build back better” following the devastating earthquakes last spring. The plenary session featured a commitment by CGI members All Hands Volunteers and The Architects Foundation to reconstruct culturally appropriate, earthquake resilient permanent homes for displaced families in the Sindhupalchuk district of Nepal, a region in which approximately 90% of the housing stock was destroyed
Architects Foundation Issues First Annual Report on National Resilience Initiative
The Architects Foundation today released its first annual report on the National Resilience Initiative (NRI), a growing network of resilient design studios geared toward helping local communities become more resilient to natural disasters and climate change
Community Organizations to Hold Reinvestment Summit in Baltimore
On Monday, September 28 the National Community Reinvestment Coalition (NCRC) will host a statewide summit in Baltimore on community reinvestment and neighborhood revitalization in Maryland. The Maryland Reinvestment Summit will feature keynote addresses by U.S. Congressman Elijah Cummings and Benjamin Jealous, Partner at Kapor Capital.
ABC’s Trimmer Foundation Awards Scholarships to Merit Shop Construction Students
Associated Builders and Contractors (ABC) announced the first 10 winners of the Build Your Future Scholarship through ABC’s Trimmer Construction Education Foundation (TCEF). The scholarships are awarded to the top 10 students attending an NCCER-accredited program or a state/federally approved apprenticeship program in a merit-shop training facility. The scholarships are funded through a pledge of $100,000 from Build Your Future over the next five years.
Pending Home Sales Retreat Again in August but Remain at Healthy Level
Pending home sales retreated in August but remained at a healthy level of activity and have now risen year–over–year for 12 consecutive months, according to the National Association of Realtors®. A modest increase in the West was offset by declines in all other regions.
Existing-Home Sales Stall in August, Prices Moderate
Following three straight months of gains, existing–home sales dipped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers, according to the National Association of Realtors®. None of the four major regions experienced sales increases in August
New Paper Shows Need for Integrating Health Care and Housing Policies and Programs to...
With 78 million baby boomers entering or on the verge of retirement, the U.S. needs a more strategic approach for linking health care and housing policies and programs, according to a new Bipartisan Policy Center (BPC) paper being released today during an event with the Sabo Center for Democracy and Citizenship at the University of Minnesota
New Home Sales Rise 5.7 Percent in August
Sales of newly built, single-family homes rose 5.7 percent to a seasonally adjusted annual rate of 552,000 units in August from an upwardly revised July reading, according to newly released data from HUD and the U.S. Census Bureau
Rate Decreases Drive Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 13.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending September 18, 2015. The previous week's results included an adjustment for the Labor Day holiday.
Architecture Billings Index Backslides Slightly
The Architecture Billings Index (ABI) slipped in August after showing mostly healthy business conditions so far this year. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve month lead time between architecture billings and construction spending. The American Institute of Architects (AIA) reported the August ABI score was 49.1, down from a mark of 54.7 in July. This score reflects a slight decrease in design services (any score above 50 indicates an increase in billings). The new projects inquiry index was 61.8, down from a reading of 63.7 the previous month.
Sheila Crowley Retiring after 17 Years as President and CEO of the National Low...
Yesterday Sheila Crowley announced that she will retire in 2016 from the National Low Income Housing Coalition (NLIHC) after leading the organization as President and CEO for over 17 years. Dr. Crowley will continue with NLIHC through April 2016 to ensure a smooth and successful transition for her successor
Solar Industry Applauds Democratic Energy Bill
The Solar Energy Industries Association (SEIA) today commended Senate Democrats, including Senators Harry Reid (D-Nev.), Charles Schumer (D-N.Y.), Ron Wyden (D-Ore.), Maria Cantwell (D-Wash.) and more, for their thoughtful inclusion of smart, job-creating clean energy incentives in their newly-announced energy policy bill.
Integrating Housing with Treatment Improves Outcomes
States and communities can improve services and outcomes for people with substance use disorders (SUDs) by integrating housing with treatment and recovery support programs, according to housing, homeless and SUD treatment experts who convened for a frank dialogue on new service approaches for this population. The National Council on Behavioral Health and CSH highlight that and other recommendations in a report released today: The Substance Use and Housing National Leadership Forum.
BPC’s Grumet: Efforts to Streamline Infrastructure Permitting Processes is Critical for Private Investment
The Bipartisan Policy Center applauds legislative and executive branch efforts to improve the permitting process for infrastructure projects. “For years, this conversation has been stuck in polarized gridlock. Our nation is in desperate need of increased infrastructure investments. It is encouraging to see an array of efforts to move beyond political posturing and address this complex challenge,” BPC President Jason Grumet said
Sheila Crowley Retiring after 17 Years as President and CEO of the National Low...
Sheila Crowley announced that she will retire in 2016 from the National Low Income Housing Coalition (NLIHC) after leading the organization as President and CEO for over 17 years. Dr. Crowley will continue with NLIHC through April 2016 to ensure a smooth and successful transition for her successor
NCRC Statement on the Release of 2014 Home Mortgage Disclosure Act Data
Today, in reaction to the release of 2014 Home Mortgage Disclosure Act (HMDA) data, NCRC President and CEO John Taylor made the following statement: “The Home Mortgage Disclosure Act data release for 2014 illustrates a disturbing and highly problematic trend with hard numbers: opportunities for homeownership are still very limited. Particularly in low- and moderate-income communities and communities of color, it’s too difficult to become a homeowner.”
Mortgage Lending Continues under Dodd-Frank
Despite a number of industry predictions, new data from the Home Mortgage Disclosure Act (HMDA) report today revealed that Dodd-Frank's mortgage protections and the Consumer Financial Protection Bureau's related new mortgage regulations did not produce a decrease in mortgage accessibility for homebuyers.
CFPB Mortgage Rule Change Will Help Community Banks
The Consumer Financial Protection Bureau finalized changes to its Qualified Mortgage (QM) rule. The changes, which raise the number of loans a small creditor can re-sell and expand the number of banks that can qualify as a "rural bank," are a response to feedback from lenders.
Coalition for the Homeless Praises Efforts to Curb the Sale of K2
The Coalition for the Homeless held a press conference on the steps of City Hall Monday morning to highlight the importance of curbing the sale and availability of the synthetic drug K2, as the City Council held hearings today on how to stop the drug’s spread
ABA Endorses Arch Mortgage Insurance PMI Products
The American Bankers Association – through its subsidiary the Corporation for American Banking – has endorsed the mortgage insurance solutions of Arch Mortgage Insurance Company?, a leading provider of private mortgage insurance and a wholly-owned subsidiary of Arch Capital Group Ltd.