CONSTRUCTION EMPLOYMENT INCREASES IN THREE-FIFTHS OF NATION’S METRO AREAS BETWEEN AUGUST 2015 & 2016...
Construction employment increased in three-fifths of metro areas between August 2015 and August 2016—the smallest share in nearly three and a half years—as contractors in many areas report difficulty in finding qualified workers, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials said the new data underscores the need to make it easier for school officials to set up programs that teach skills like construction.
Crescent Communities today announced it has appointed David O’Donoghue as executive vice president of its Resort and Second Home Communities team. In this role, O’Donoghue will be responsible for sales, marketing, development, overall operations and property management for the company’s flagship Palmetto Bluff community, a 20,000-acre development in the South Carolina Lowcountry, between Hilton Head and Savannah, Georgia.
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on Freddie Mac's new credit-risk transfer offering: "MBA appreciates Freddie Mac's efforts to bring more private capital into the market through the credit-risk transfer offering they recently announced. In this early stage of the credit risk transfer market, it is important to experiment with different transactions and structure types to evaluate their long term economic and competitive impact.
The U.S. Department of Housing and Urban Development announced that it is making $3.3 million available in cooperative agreements to support research to develop and improve methods for the identification and control of key residential health hazards and to improve the implementation of policies that address these hazards.
In response to changing conditions in the condominium market, the Federal Housing Administration (FHA) today proposed new regulations governing the approval process for condominium developments. FHA proposes to reinstate single unit approvals in unapproved condominium developments and to require condo projects to recertify their approval status every three years rather than the current two-year requirement
The National Low Income Housing Coalition (NLIHC) welcomes an elevated discussion and proposed solutions to the country's affordable housing crisis. Together with our members, partners and allies across the country, we work towards ensuring the lowest income families have decent, safe and affordable homes. While we are pleased to have Senator Ron Wyden (D-OR) prioritizing solutions to the affordable housing crisis, his proposed Middle Income Housing Tax Credit (MIHTC) program would be a misguided and wasteful use of federal resources
In an effort to help low-income public housing residents secure higher paying jobs and access to greater opportunity, the U.S. Department of Housing and Urban Development (HUD) today announced a $14 million investment in six public housing authorities and their partners
The U.S. Green Building Council (USGBC) has been named a key strategic partner in the new Better Communities Alliance, which was announced by the U.S. Department of Energy (DOE) and the White House this week. The Better Communities Alliance (BCA) is designed to ignite clean energy action in cities and counties across the U.S. USGBC, through its sister organization, Green Business Certification Inc. (GBCI), is utilizing PEER (Performance Excellence in Electricity Renewal) and LEED (Leadership in Energy and Environmental Design) to advance the goals of the BCA.
GRID Alternatives, America’s largest nonprofit solar installer, today announced installation has begun on 92 solar installations in six tribal communities in California, Montana, and South Dakota with over $1 million in cost-shared grants from the U.S. Department of Energy (DOE) to these individual tribes
The U.S. Court of Appeals for the District of Columbia Circuit is holding a hearing today on the Environmental Protection Agency’s Clean Power Plan. Following is a statement from Tom Kimbis, interim president of the Solar Energy Industries Association (SEIA), on the proceedings:
Apartment Industry Applauds Administration’s Call to Remove Local Barriers to Increase Affordable Housing Development
The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) issued the following statement today in response to the Obama Administration’s release of a Housing Development Toolkit to encourage local governments to remove barriers to the development of apartment homes and increase overall housing affordability
When H.R. 3700, the “Housing Opportunity Through Modernization Act,” was signed into law earlier this year, the Department of Housing and Urban Development was given notice that they had 90 days to weigh in on regulations related to Federal Housing Administration financing for condominiums before changes automatically went into effect. These included rules regarding owner-occupancy rates and treatment of spot loans, among others
Obama Administration Announces New Efforts to Increase National Preparedness by Building Community Capacity to...
Over the last eight years, this Administration has focused not just on improving our ability to respond and recover from disasters, but also to expand resilience in our communities. The President believes that our ability to respond to and recover from disasters is predicated on building resilience to the wide range of natural disasters, technological hazards, and acts of terrorism that may impact our Nation. And each time we rebuild, we can do so in a way that makes our communities stronger and more resilience, to limit the impact the next disaster may inflict
As the U.S. Court of Appeals for the D.C. Circuit hears oral arguments today about the merits of the Clean Power Plan, the Environmental Protection Agency’s (EPA) rule placing the first-ever federal carbon pollution limits on our nation's electric power plants, the American Wind Energy Association (AWEA) issued the following statement.
Homeowners looking to tackle a remodeling project should head outside, according to a new report from the National Association of Realtors® and National Association of Landscape Professionals.
NeighborWorks America announced today that the application period will open Oct. 3 for special one-time down payment assistance grants to eligible community development financial institutions (CDFIs) that want to increase low- and middle-income homeownership in their communities. The one-time grants are part of Project Reinvest, a limited and targeted program from NeighborWorks America, not related to its core grant operations.
Proffitt Dixon Partners, a Charlotte-based multifamily investment and development firm, said today Peyton Stakes is nearing completion in Nashville and their first residents began moving in last week. The apartment community is comprised of 249 units between two connected buildings.
The DC Department of Housing and Community Development (DHCD) closed two loans for rehabilitation projects that will preserve affordable housing in Southeast DC— at the 93-unit Parkchester Apartments at 2704 Wade Road SE, and 1314 K Street SE, a 12-unit cooperative building.
On Thursday September 22, 2016 the National Law Center on Homelessness & Poverty ("the Law Center") will be honoring Washington Wizard John Wall, U.S. Senator Susan M. Collins, Dechert LLP and Angela Spencer, at the 18th annual McKinney-Vento Awards Ceremony in Washington D.C. The Law Center will also celebrate 27 years of high impact work to protect the rights of individuals experiencing homelessness and to end homelessness in America. Dana Jacobson, an award winning TV sports personality and correspondent and anchor for CBS News and CBS Sports, will emcee. Ted Leonsis and Congresswoman Gwen Moore will join us as awards presenters.
Today, the Mortgage Bankers Association (MBA) announced that in July and August of 2016 it welcomed 20 new regular members to its ranks, which currently numbers more than 2,200 member companies.