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The U.S. Government Accountability Office (GAO) yesterday released its report on federal oversight of the Low Income Housing Tax Credit program, which concludes that there are deficiencies in the Internal Revenue Service’s (IRS) oversight of the program and recommends that Congress consider designating HUD as a joint administrator of the program.

The Financial Services Housing and Insurance Subcommittee held a hearing today to conduct oversight of the Department of Housing and Urban Development’s (HUD) Public and Indian Housing programs.

On July 8, 2015, the Conference Committee released its recommendations for the FY2016 State Budget(link is external). The Legislature adopted the $38.1 billion budget and sent it to Governor Baker for his consideration. The Governor has ten days to sign or veto portions of the budget.

Building on the President’s Climate Action Plan, today the Corporation for National and Community Service (CNCS), the Department of Energy (DOE), the Environmental Protection Agency (EPA), the National Oceanic and Atmospheric Administration (NOAA), The Rockefeller Foundation, and Cities of Service, announced a new commitment to launch a Resilience AmeriCorps pilot program

The Building Owners and Managers Association (BOMA) International announces the release of an update to its groundbreaking BOMA Energy Performance Contracting (BEPC) Model to reflect new and emerging best practices. BEPC was created in 2008 by BOMA International in partnership with the Clinton Climate Initiative (CCI) and in collaboration with major real estate companies and energy service companies (ESCOs).

Americans spend $2 trillion each year buying, renting or improving their homes. Billions more are spent on related goods and services, including appliances, furniture and financial services. The housing sector is central to American life, and it continues to be integral to the economic well-being of families, businesses and the nation.

Earlier today, the House Transportation-Housing and Urban Development (THUD) Appropriations Subcommittee held its mark-up of the Fiscal Year (FY) 2016 THUD funding bill. The bill provides $55.3 billion in discretionary spending for transportation and housing programs, but falls $1.5 billion short of what HUD says it needs just to maintain current programs in FY 2016 and is $9.7 billion less than the Administration's budget request.

Analysis from the Energy Department's National Renewable Energy Laboratory (NREL) finds that by making shared solar programs available to households and businesses that currently cannot host on-site photovoltaic (PV) systems shared solar could represent 32 to 49 percent of the distributed photovoltaic market in 2020.

WASHINGTON - June 23, 2014 - (RealEstateRama) -- U.S. Housing and Urban Development (HUD) Secretary Shaun Donovan has announced a second round of grants totaling $140 million to nearly 900 local homeless assistance programs across the country. Provided through HUD’s Continuum of Care Program, this funding will ensure additional permanent and transitional housing renewal projects are able to continue operating in the coming year, providing critically needed housing and support services to those persons and families experiencing homelessness

WASHINGTON, D.C. - April 28, 2014 - (RealEstateRama) -- HUD announced $29 million in grants to assist more than 1,200 extremely low-income persons and families living with HIV/AIDS annually. This funding will provide these households with a stable living environment, which is essential to accessing healthcare and HIV related services. In addition to housing assistance, these local programs will provide access to the needed supportive services such as life skills, job readiness services and employment training

WASHINGTON, D.C. - December 24, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac have reached a significant milestone, completing more than 3 million foreclosure prevention actions since the start of conservatorship in September 2008. FHFA noted this milestone in its third quarter Foreclosure Prevention Report (also known as the Federal Property Manager’s Report), which details results of foreclosure prevention programs.

Trenton, NJ - July 16, 2013 - (RealEstateRama) -- The Christie Administration today announced that Sandy-impacted homeowners have until August 1, 2013 to apply for the Homeowner Resettlement and Reconstruction, Rehabilitation, Elevation and Mitigation ...

DORCHESTER - June 11, 2013 - (RealEstateRama) -- Governor Deval Patrick today kicked-off Commonwealth Housing Week by announcing a new compact that creates a goal of providing 10,000 mortgage loans to first-time homebuyers over the next five years. The...

TOPEKA - June 6, 2013 - (RealEstateRama) -- In response to the increased need for workforce housing throughout Kansas, the 2013 State Legislature has provided $2 million to the State Housing Trust Fund for the purpose of administering and supporting ho...

WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Assembly Speaker Sheldon Silver and Housing Committee Chair Keith L.T. Wright today announced the approval of a comprehensive package of legislation that would help to preserve Mitchell-Lama housing...

WASHINGTON, D.C. - June 6, 2013 - (RealEstateRama) -- Through the voluntary efforts of a Cleveland property owner, another area brownfield has been investigated and remediated under Ohio EPA's Voluntary Action Program (VAP), and is ready for redevelopm...

WASHINGTON, D.C. - June 5, 2013 - (RealEstateRama) -- The Energy Department’s National Renewable Energy Laboratory (NREL) today released its assessment of leading utility green power programs. Under these voluntary programs, residential and commercial consumers can choose to help support additional electricity production from renewable resources – such as wind and solar – that diversify our nation’s energy portfolio and protect our air and water

WASHINGTON, DC - June 3, 2013 - (RealEstateRama) -- Congressman Bill Cassidy, M.D. today announced he will introduce an amendment to the FY 2014 Homeland Security Appropriations bill to protect America’s home owners from rate increases in the Nationa...

TOPEKA - June 3, 2013 - (RealEstateRama) -- Kansas Housing Resources Corporation (KHRC) will host four town hall meetings this month to discuss an initiative designed to help cities and counties develop moderate income housing and infrastructure in rur...

WASHINGTON, D.C. - June 3, 2013 - (RealEstateRama) -- Through the voluntary efforts of the property owner, a Tiffin brownfield is ready for redevelopment after undergoing investigation under Ohio EPA’s Voluntary Action Program (VAP). Ohio EPA has iss...