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NAR-backed Condo Legislation Passes U.S. Senate, Offers Relief for Homebuyers
The U.S. Senate tonight passed H.R. 3700, the "Housing Opportunity Through Modernization Act," by unanimous consent. This legislation includes reforms to current Federal Housing Administration restrictions on condominium financing, among other provisio...
Decline in available inventory sends Orlando median home price soaring 15 percent in June
The median price of Orlando homes sold during the month of June increased 15 percent compared to June of last year, the result in part of yet another double-digit decline in inventory
NJBIA: Estate Tax Repeal Critical to TTF Compromise
The New Jersey Business & Industry Association said Wednesday repealing the estate tax must be part of any new legislative compromise on tax fairness. “Those who say the estate tax matters only to the wealthy are dead wrong,” said Michele Siekerka, NJBIA President and CEO. (Click here for NJBIA chart “Estate Tax: Myth vs. Fact.”)
MERCY LOAN FUND PARTNERS WITH NATIONAL CHURCH RESIDENCES TO PRESERVE MUCH-NEEDED AFFORDABLE HOUSING IN...
Mercy Loan Fund (MLF), a leading Community Development Financial Institution (CDFI) based in Denver, Colo., has announced it has partnered with National Church Residences (NCR) to help preserve 55 affordable homes for seniors at Hickory Hollow Senior A...
South Carolina REALTORS® release June market numbers
South Carolina REALTORS® (SCR) today released its June housing market reports. The data show an up-tick in sales and prices for most areas, while the number of homes for sale and total months supply of inventory have been going down.
CHA awards $268,000 in scholarships to 230 CHA residents to support college ambitions
The Chicago Housing Authority announced today that it has awarded 230 prospective and current college students with $268,000 in scholarships for the coming school year. The scholarship winners were notified on July 5 and can use the funds for the 2016-...
C.A.R. sues PDFfiller.com for unlawfully selling C.A.R. Forms
C.A.R. sues PDFfiller.com for $136 million for willfully and unlawfully selling C.A.R. Forms LOS ANGELES (July 11) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) has sued PDFfiller.com for approximately $136 million in statutory damages arising from PDFfiller.com’s unauthorized use and publication and sale of C.A.R.’s suite of copyrighted real estate forms. PDFfiller.com has advertised its […]
ULI Names Stephanie Wasser as Executive Vice President of Member Networks for the Americas...
The Urban Land Institute (ULI), a global research and education institute dedicated to responsible land use and creating thriving, sustainable communities, has appointed Stephanie S. Wasser as executive vice president of member networks for the Americas.
American Voters Want Access to Homeownership Expanded and Believe the Net Worth Sweep is...
On Wednesday, July 13 at 10:00 am EST, Investors Unite Executive Director Tim Pagliara will host a teleconference to brief Investors Unite members and members of the media on key findings from a recent opinion survey on housing in America.
Investigation by CHA and HUD Inspectors General ends with guilty plea and restitution to...
The Chicago Housing Authority will receive restitution for money stolen by a former contractor and her husband after the pair pleaded guilty to stealing funds intended for the Housing Choice Voucher (HCV) program, a crime that was exposed following an investigation by the CHA’s Office of the Inspector General.
National Housing Trust Fund Draft Allocation Plan for MA Posted
The Massachusetts Department of Housing and Community Development is the designated allocating agency for the new federal affordable housing program – the National Housing Trust Fund, or HTF. At the federal level, the HTF will be administered by the U.S. Department of Housing and Urban Development (HUD). In accordance with HUD directives to the state allocating agencies, DHCD has prepared a draft plan describing its method for distributing the first-year allocation of HTF from HUD.
y the Numbers: Consumers Energy Strengthens Electric Grid Across Michigan to Power State’s Homes...
Whether it’s replacing poles, trimming trees away from power lines or upgrading hubs in the electric grid, Consumers Energy employees are working hard this summer to upgrade Michigan’s electric system. The energy provider today released figures that illustrate its work to ensure that Michigan homes and businesses receive the energy they need, whenever they need it.
East Tail Water Site at Croton Dam Temporarily Closed for Construction Project July 11...
Consumers Energy is temporarily closing the East Tail Water site at Croton Dam from July 11 to August 26 to accommodate a construction project to enhance the facility’s left embankment and the fishing access site
NAIOP Research Foundation Announces Appointment of Jim Mulligan, Husch Blackwell LLP, as Governor
The NAIOP Research Foundation announces the appointment of Jim Mulligan as one of the Foundation’s 52 Governors. Mulligan demonstrated his commitment to the Foundation’s mission by supporting its endowment and accepting the lifelong distinction of Governor
CHAPA Action Alert! Help Increase Housing & Economic Development. Contact Your State Representative Today!
the Massachusetts House will take up Economic Development legislation, H.4461(link is external), An Act relative to job creation, workforce development and infrastructure investment. The bill proposes $915 million in investments for critical economic ...
ULI Receives $100,000 Grant from the New York Community Trust to Encourage Resilient Building...
The Urban Land Institute (ULI), a global research and education institute dedicated to responsible land use and building thriving communities, has been awarded a $100,000 grant from the New York Community Trust to raise awareness and encourage the use ...
Upgraded Consumers Energy Meters Provide Michigan Homes, Businesses with Online Access to Energy Use...
With more than 1 million electric meters and nearly 200,000 gas communication modules installed to enhance customer service, Consumers Energy customers have more online access than ever to help manage their bills.
Special Needs Assistance Program Grant Provides Couple with Home Repairs
Mattie Standberry has lived a life of service, using her time and talents to help others. After working as a restaurant cook, she spent the last 15 years of her career as a home health nurse. Now at age 70, Mrs. Standberry spends much of her time carin...
Builders Urge Caution as Congress Reauthorizes the National Flood Insurance Program
Extreme flood insurance rate hikes and inaccurate floodplain maps drive up the cost of homeownership and threaten small businesses, the nation’s home builders told Congress today
CONSTRUCTION EMPLOYMENT DECLINES OR STAGNATES IN OVER ONE-THIRD OF U.S. METRO AREAS BETWEEN MAY...
Anaheim-Santa Ana and Monroe, Mich. Top Growth List; Midland, Texas, and Bloomington, Ill. Have Largest Declines as Roads & Other Infrastructure Suffer From Neglect 60 Years after First Highway Bill
REALTORS® to Congress: Flood Insurance Rates Post Threat to Business, Homeownership
Flood insurance costs continue to put small businesses and homeownership at risk, but the National Association of Realtors® told U.S. Senators today that a range of solutions are on the horizon
Second OSCC Webinar Addresses Precast Concrete Off-Site Construction
The National Institute of Building Sciences Off-Site Construction Council (OSCC) and the Precast/Prestressed Concrete Institute (PCI) will co-sponsor the second webinar in OSCC’s new webinar series designed to share knowledge and improve industry efficiency, productivity and speed to market through the use of pre-fabrication and off-site construction. The webinar, “Precast Concrete Off-Site Construction: Techniques & Case Studies,” will be held July 26 from 11:00 am to 12:00 pm CT (12:00 pm to 1:00 pm ET) and again July 28 from 2:00 pm to 3:00 pm CT (12:00 pm to 1:00 pm PT).
Deadline Approaching for Multifamily Housing Utility Allowance Calculations
Applicants for the HOME and Housing Tax Credit programs may document utility calculations from service providers, use the HUD Utility Schedule Model, or they may utilize the SDHDA Utility Allowance Worksheet to request the utility calculation from SDHD...
Massachusetts Senate Set to Vote on Bill that would be Harmful to Commonwealth’s Housing...
The Massachusetts Association of Realtors® (MAR) and its 22,000 members formally oppose several sections of Senate Bill S.2372, An Act to promote energy diversity. As drafted, the bill would be extremely harmful to the Massachusetts housing market and would disproportionately hurt low- and moderate-income homeowners. The Massachusetts Senate is scheduled to vote on S.2372 this Thursday.
U.S. Green Building Council Announces 2015 LEED Homes Award Winners
USGBC announced the recipients of its annual LEED Homes Awards, which recognizes projects, architects, developers and homebuilders who have demonstrated outstanding leadership and innovation in the residential green building marketplace.
DCHFA Relaunches the HomeSaver Foreclosure Prevention Program
The District of Columbia Housing Finance Agency (DCHFA) is closing out Homeownership Month by reopening the HomeSaver Phase I mortgage assistance program. This year, the Agency received two funding allocations totaling $8,047,933 from the U.S. Department of the Treasury’s Hardest Hit Fund (HHF). This award will be used to aid eligible District of Columbia homeowners that have fallen behind on their mortgage payments due to unemployment or under employment.
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Kicking off the year with record growth across all solar sectors, Texas is on track to become the fastest-growing utility-scale solar market in the U.S. within the next five years, according to the recently released U.S. Solar Market Insight, Q2 2016, ...
Touchstone Named NAIOP 2016 Developer of the Year
Seattle commercial real estate leader honored for company performance, commitment to sustainability
NAIOP, the Commercial Real Estate Development Association, has selected Touchstone as the 2016 Developer of the Year – the association’s highest honor.
Busy Spring Season is in Full Swing as Massachusetts Experiences a Record May in...
New listings added to the market down for the second month in a row WALTHAM, Mass – June 28, 2016 – (RealEstateRama) — The Massachusetts Association of Realtors® (MAR) reported today that the busy early spring and late winter showed no sign of slowing down as closed home sales rose over 17 percent in May […]
Florida Realtors® 2016 Convention & Trade Expo: Come Celebrate 100th Anniversary, Network and Boost...
ORLANDO, Fla., – (RealEstateRama) — One hundred years in the making, Realtors across Florida have the unique opportunity to come together for Celebration100 – Florida Realtors® annual Convention & Trade Expo, Aug. 24-28, 2016, at the Rosen Shingle Creek resort in Orlando. This year’s convention offers opportunities for the state’s real estate professionals to network […]
