The U.S. Environmental Protection Agency (EPA) received 62 letters of interest (LOIs) collectively requesting $9.1 billion in loans from a wide range of prospective borrowers in response to the Water Infrastructure Finance and Innovation Act (WIFIA) program’s 2018 Notice of Funding Availability.
The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Classic Optical property located at 3710 Belmont Avenue in Youngstown, Ohio for $2,729,610.
Sun West Mortgage Company, Inc. has expanded their distributed retail division with the launch of a new DBA, Mortgage Possible. Currently located in Buena Park, CA, Mortgage Possible has plans for a nationwide expansion, starting in California, Arizona, Nevada, New Jersey
The DC Department of Housing and Community Development announced today it is seeking design input on a new public website that would, for the first time, provide comprehensive data on affordable housing in the District.
Total housing starts inched up 0.9 percent in July to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
New CAP Brief Uses Charlotte Light Rail Project to Highlight How Environmental Review Strengthens...
A new issue brief from the Center for American Progress uses the Charlotte Area Transit System (CATS) Blue Line project as a case study to demonstrate how environmental review under the National Environmental Policy Act strengthens infrastructure projects and forestalls social, environmental, and even economic harms that might occur without such a review.
The National Housing Conference (NHC) submitted comments today on Opportunity Zones (OZ) to the U.S. Department of the Treasury. NHC believes that to be eligible for the tax incentive, any tax-deferred investments targeted specifically at distressed communities should avoid the elimination of affordable housing leading to displacement of current residents.
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today called on the federal government to improve the quality measures for adequate staffing that American seniors and their families use when selecting a nursing home
HUD’s recently announced Advanced Notice of Proposed Rulemaking concerning the Affirmatively Furthering Fair Housing (AFFH) Rule ultimately does not affect our pending litigation, National Fair Housing Alliance, et al. v. Carson, et al.
Capital Impact Partners Deepens Investment in Underserved Communities and Commitment to Social Justice In...
Capital Impact Partners began 2018 by deepening its commitment to breaking down barriers to success for underinvested communities by expanding justice and equity. The organization announced today that it provided more than $36 million in financing during the first half of 2018.
Assistant to the Secretary for Rural Development Anne Hazlett visited the state today to announce that USDA is investing more than $124 million (PDF, 155.4 KB) to help rebuild and improve rural water infrastructure in 23 states. Five projects in Louisiana are receiving funding.
More than 200 ISEC employees will build or repair homes alongside Habitat homeowners this year through the company’s national partnership with Habitat for Humanity. Their efforts will help revitalize neighborhoods in Canada and seven U.S. states, including California, Colorado, Florida, Maryland, Nevada, Texas and Washington.
Builder confidence in the market for newly-built single-family homes edged down one point to a solid 67 reading in August on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
Whenever marketing commercial properties the marketers understand the fact that it is really important to build a lucrative and really long-lasting reputation. Modern promotion methods rely on much more than just advertising, mainly because of the fact that those interested in buying such properties are different than those buying homes.
Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.
The owner of a former real estate escrow firm was sentenced today in U.S. District Court in Seattle to 24 months in prison for bank fraud, announced U.S. Attorney Annette L. Hayes. LORI LYNN ANDREW, 49, of Cashmere, Washington, the owner of Hartman Escrow, Inc., pleaded guilty to one count of bank fraud. ANDREW stole more than $2.1 million through a variety of techniques
The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $36.77 billion in July. A breakdown of July issuance includes $35.383 billion of Ginnie Mae II MBS and $1.391 billion of Ginnie Mae I MBS, which includes $1.229 billion of loans for multifamily housing.
The first step in selling a home is figuring out when the best time to list it is. Knowing the best month to list a home can shorten the amount of time it spends on the market, and reducing a listing’s “days on market” is critical because if a home sits on the market too long, it risks getting stale and possibly having to reduce the price.
The Trump administration, Congress, and state governments have been engaged in ongoing attacks on crucial public programs that provide vital support to people in need. Key benefits such as nutrition and housing assistance, Medicaid, and unemployment benefits are threatened at the federal and state levels by funding cuts or harsh so-called work requirements that would put these benefits out of reach for those who need them most