National Government and Public Real Estate News

NEW ORLEANS, – July 22, 2013 – (RealEstateRama) — Today the Equal Rights Center (ERC) ā€”a national non-profit civil rights organization dedicated to equal opportunity for allā€”and The National Council of La Raza (NCLR) ā€”the largest national Hispanic civil rights and advocacy organization in the United Statesā€”unveiled the results of a testing-based investigation documenting adverse and differential treatment against prospective Latino renters and homebuyers in Birmingham, Alabama; Atlanta, Georgia; and San Antonio, Texas.Bill Shepherd
Fisher Investments Rep
and ALLRMC.COM more »

Beverly Hills Lifestyle Sotheby's Homes

The new luxury residential rental community designed by KTGY provides amenity-rich living environment near employment, retail and transit, and helps Redwood City invigorate El Camino Real.

IRVINE, Calif. – November 22, 2014 – (RealEstateRama) — Award-winning national architecture and planning firm KTGY Group, Inc. and SummerHill Apartment Communities, a division of SummerHill Housing Group and a leader in providing quality, smart growth, multi-family rental housing and mixed-use developments, announce the completion of “The Lane on the Boulevard,” a new 141-unit luxury residential rental community in Redwood City, Calif., located on theĀ San Francisco Peninsula,Ā just north of Atherton. A completion celebration was held on November 19th. The property is located on 2580 El Camino Real in Redwood City, Calif., between Carlos Avenue and Center Street. Close by are jobs, restaurants, shopping, public transportation and freeways. more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — The Federal Housing Finance Agency (FAHFA) has announced that it will propose a new framework early next year for how mortgage giants Fannie Mae and Freddie Mac will set their so-called G-fees (Guarantee Fees). These are the fees that the GSEs charge lenders, and some housing analysts have been concerned that a rise in G-fees could prove more costly to consumers, since lenders likely would pass the higher costs down to buyers. more »

Washington, D.C. – November 21, 2014 – (RealEstateRama) — Associated Builders and Contractors (ABC) today issued the following statement in response to the executive action announced this evening by President Obama.

ā€œContractors are concerned that President Obamaā€™s most recent circumvention of the legislative process will add another layer of uncertainty for the construction industry, and the business community as a whole,ā€ said ABC Vice President of Government Affairs Geoff Burr. ā€œThe presidentā€™s rush to unilaterally and temporarily expand certain programs jeopardizes a long term fix that is workable for our economy and national security. more »

Choice Neighborhoods grants to help local communities revitalize distressed areas

AUSTIN, TX – November 21, 2014 – (RealEstateRama) — U.S. Housing and Urban Development (HUD) Secretary JuliĆ”n Castro today announced funding available to help local communities across the country to redevelop severely distressed public and HUD-assisted housing and transform surrounding neighborhoods. This funding is subject to increase if there is an FY2015 appropriation. Part of the Obama Administration’s effort to build Ladders of Opportunity to the middle class, HUD is offering grants of up to $30 million through its Choice Neighborhoods Implementation Program to support locally driven solutions for transforming neighborhoods struggling to address poor quality housing, inadequate schools, poor health, high crime, and lack of capital. Read HUD’s funding notice. more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — The U.S. Department of Housing and Urban Development (HUD) and National League of Cities (NLC) today announced a new Memorandum of Understanding (MOU) to help fight against veteran homelessness in cities across the country. To date, more than 255 cities, counties and states are pledging to end veteran homelessness in their communities by 2015 using the power of federal, state, local, and non-profit resources. more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — Florida and North Dakota Have Largest 12-Month Gains, New Jersey and Mississippi Have Biggest Annual Percent and Total Declines; Texas and Idaho Top Monthly Rankings, New York and New Jersey Shed Most Jobs in October more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — The National Association of Home Builders (NAHB) has announced the finalists for NAHBā€™s 2015 Best of 50+ Housing Awards, the premier design and marketing competition for the 50+ housing industry. A total of 91 entries were chosen as finalists and are eligible for either a gold or silver award from NAHBā€™s 50+ Housing Council. more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), reached 54 in the third quarter, four points below the previous quarterā€™s reading. This is the 11th consecutive quarter with a reading of 50 or above. more »

WASHINGTON, D.C. – November 21, 2014 – (RealEstateRama) — Although winter doesnā€™t officially arrive until December 21, the recent dip in temperatures across much of the United States serves as a reminder that it is important for consumers to prepare their homes now in order to maximize energy savings during the coldest time of year. more »

John J. Mack, Paul Dolinoy, and Jeff Gehl join the firmā€™s Board of Advisors
BKM also hires two executive staff fund management experts: Michael Hernstad and Charlie Ittner

IRVINE, Calif., – November 20, 2014 – (RealEstateRama) — BKM Capital Partners has formally announced its Board of Advisors, which includes former CEO/Chairman of Morgan Stanley, John J. Mack, Paul Dolinoy, former President of Equitable Real Estate Investment Management, and Jeff Gehl, Managing Principal and co-founder of RCP Advisors. These three business leaders join BKMā€™s co-founders Brian Malliet and Nima Taghavi on the board. The firm has also hired two executive staff fund management experts, Michael Hernstad and Charlie Ittner, according to Brian Malliet, CEO and Co-Founder of BKM. more »

Chicago – November 20, 2014 – (RealEstateRama) — Not long ago, hospital emergency rooms were clogged with people seeking treatment for everything from broken bones to sore throats. The solution, it turns out, is not to build more and larger hospital emergency rooms, according to a panel of healthcare executives who addressed The Counselors of Real EstateĀ® professional associationā€™s annual convention in Boston. Leaders of the evolving healthcare system are working to find different, more convenient ways ā€“ and places — to treat illness and injury. These new medical goals, policies and delivery options are creating better patient care — and opportunities in real estate. more »

WASHINGTON, D.C. – November 20, 2014 – (RealEstateRama) — In accordance with the Stewart B. McKinney Homeless Assistance Act, HUD published a Notice in the Nov. 14, 2014, Federal Register identifying Federal buildings and other real property HUD has reviewed for suitability for use to assist the homeless. The properties were reviewed using information provided to HUD by Federal landholding agencies or by GSA regarding their inventories of excess or surplus property. The list includes buildings and properties in Idaho, Massachusetts, and Missouri. more »

WASHINGTON, D.C. – November 20, 2014 – (RealEstateRama) — Existing-home sales rose in October for the second straight month and are now above year-over-year levels for the first time in a year, according to the National Association of RealtorsĀ®.

Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, rose 1.5 percent to a seasonally adjusted annual rate of 5.26 million in October from an upwardly-revised 5.18 million in September. Sales are at their highest annual pace since September 2013 (also 5.26 million) and are now above year-over-year levels (2.5 percent from last October) for the first time since last October. more »

WASHINGTON, D.C. – November 20, 2014 – (RealEstateRama) — The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), reached 54 in the third quarter, four points below the previous quarterā€™s reading. This is the 11th consecutive quarter with a reading of 50 or above. more »

CHICAGO – November 19, 2014 – (RealEstateRama) — Second Century Ventures, the strategic investment fund of the National Association of RealtorsĀ® , announced today that it is accepting applications for its 2015 REachĀ® Accelerator program, now through January 30th, 2015. The nine-month program provides a unique opportunity for technology companies to get intense exposure into real estate, a market that represents more than $1 trillion in revenue, consists of more than 100,000 small- and medium-sized businesses and generates more than $12.5 billion in advertising spend in the U.S. each year. more »

WASHINGTON – November 19, 2014 – (RealEstateRama) — Technology has transformed the way real estate professionals do business, and establishing an online presence is essential to connecting with and marketing to potential clients. To help members build and maintain their online identity, the National Association of RealtorsĀ® welcomes Placester, one of the largest providers of real estate websites in the world, to the REALTOR BenefitsĀ® Program. Through this strategic partnership, Placester is offering exclusive pricing and features on websites to NAR members as well as access to marketing programs and strategies to assist in revenue growth and lead generation. more »

Denver, Colorado – November 19, 2014 – (RealEstateRama) — Mark your calendar to support Mercy Housing for #GivingTuesday on December 2, 2014. This year after Thanksgiving there are three important days to remember, Black Fridayā€¦Cyber Mondayā€¦ and Giving Tuesday. After two days of shopping, donors are provided a day to give back and come together to support nonprofits throughout the country like Mercy Housing. more »

Denver, Colorado – November 19, 2014 – (RealEstateRama) — This year U.S. Bank has partnered with Mercy Housing as part of the Mercy Housing Home Is campaign. This campaign launches in November during National Hunger & Homelessness Awareness Week, and runs through the holiday season. The campaign will run from November 17, 2014 through January 9, 2015. more »

WASHINGTON, D.C. – November 19, 2014 – (RealEstateRama) — Single-family housing production in October reached its highest level since November 2013 while the more volatile multifamily sector brought combined nationwide starts activity down 2.8 percent to a seasonally adjusted annual rate of 1.009 million units, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. more »

–Thirteen Agencies Statewide to Share HUD Funded Rental Assistance–

TOPEKA – November 19, 2014 – (RealEstateRama) — Thirteen non-profits and public housing authorities statewide will share $1.675 million in Tenant Based Rental Assistance (TBRA) to help Kansas families obtain safe, affordable housing of their choice. Funded through the federal HOME Investment Partnerships Program (HOME), and administered by Kansas Housing Resources Corporation (KHRC), TBRA helps income-eligible households afford rental subsidies, utility deposits and security deposits. more »

 
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