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Monthly Archives: October 2013

DOZENS JOIN HAUNTED HALLOWEEN MARCH AT HIGH LINE LUXURY BUILDINGS WORKERS TELL BUILDING...

NEW YORK - October 31, 2013 - (RealEstateRama) -- Dozens of workers, community members and tenants in costume joined a rally and march in support of building workers at luxury buildings along the High Line in Manhattan Thursday.

Realtors® to Regulators: Aligning QRM with QM Assures Safe, Sound Mortgage Lending

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- Revised rules proposed by federal regulators will help ensure rigorous and effective underwriting while also providing creditworthy homebuyers with access to safe mortgage financing, according to the National Association of Realtors®

JOHNSON STATEMENT ON THE NEED FOR A GOVERNMENT GUARANTEE IN HOUSING FINANCE REFORM

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing titled “Housing Finance Reform: Essential Elements of a Government Guarantee for Mortgage-Backed Securities.”

AmeriCorps member joins Home Share Now

BARRE - October 31, 2013 - (RealEstateRama) -- Joel Rhodes has joined Home Share Now for the next eleven months as an AmeriCorps member via the Vermont Housing & Conservation Board. Rhodes is a recent graduate of Juniata College in Pennsylvania and has studied in Ireland, done sustainable forestry in Oregon, renovated houses at Pine Ridge Indian Reservation, and served at a daycare in Mexico. “I am excited to be serving with an organization that actively and creatively finds housing solutions for a range of wants and needs,” said Rhodes

NeighborWorks America Helps Nearly 1.6 Million Homeowners through Congressionally Funded National Foreclosure Mitigation Counseling...

WASHINGTON, - October 31, 2013 - (RealEstateRama) -- Nearly 1.6 million homeowners have received foreclosure prevention counseling by local nonprofits, national intermediaries and state housing finance agencies participating in the National Foreclosure Mitigation Counseling (NFMC) program. The NFMC program is administered by NeighborWorks® America, one of the nation's largest community development corporations.

Rebuilding Together And Caesars Foundation Honor Veterans By Extending A Helping Hand At Home

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- Nails, paint, energy efficient light bulbs and countless helping hands will come to the aid of six U.S. veterans scatter across the country. In the week leading up to and following Veterans Day, hundreds of Caesars Entertainment and Rebuilding Together volunteers will honor Veterans Day in a big way by performing safety upgrades and beautification projects on four homes, a local high school and a community Veterans of Foreign Wars Post building

MacArthur Grants to Help Strengthen American Democracy

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- Building on two years of grantmaking aimed at strengthening American democracy, the MacArthur Foundation today announced nine grants totaling more than $1.2 million to support information sharing and research on the role of money in politics and efforts to improve election administration.

Moderate AND Choppy Economic Recovery Predicted by Prominent Real Estate Economist

San Francisco - October 31, 2013 - (RealEstateRama) -- Moderate AND choppy is how noted economist Ken Rosen described the U.S. economic recovery to a group of senior commercial real estate advisors here last week. Rosen, chairman of Rosen Consulting Group, chairman of the Fisher Center for Real Estate and Urban Economics and professor emeritus of the University of California’s Haas School of Business, said despite private sector job growth, low interest rates, continued quantitative easing and improvement in the housing market, the road to recovery is anything but easy. He made his remarks at the annual convention of The Counselors of Real Estate professional association, at the Ritz-Carlton Hotel.

CBO: PATH Act Reduces Deficit by $5.7 Billion

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- The non-partisan, independent Congressional Budget Office (CBO) reports the Protecting American Taxpayers and Homeowners Act (PATH Act) that the House Financial Services Committee passed in July will slash the federal budget deficit by $5.7 billion over the next 10 years

HUD ANNOUNCES SETTLEMENT WITH LAS VEGAS HOMEOWNERS ASSOCIATION RESOLVING CLAIM OF DISCRIMINATION BASED ON...

WASHINGTON, D.C. - October 31, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development (HUD) announced today that a Las Vegas homeowners association, its management company, and the owner of a rental property will pay $65,000 under a Conciliation Agreement resolving allegations that they violated the Fair Housing Act when they refused to grant a family’s request to park in the driveway of its home an ambulance that the family needed to transport its son, who has a disability, to and from medical appointments.

FHFA Index Shows Mortgage Interest Rates Continue to Rise in September

Washington, DC - October 30, 2013 - (RealEstateRama) -- National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.11 percent from August to September, according to an index of new mortgage contracts.

Rebuilding Together and Choice Hotels Rebuild Dreams for a Family in Need, Honoring National...

LOS ANGELES, CA - October 30, 2013 - (RealEstateRama) -- Rebuilding Together San Gabriel Valley Foothills is teaming up with Choice Hotels and Rodeway Inn for the 4th Annual Rebuilding Dreams project, to rebuild the home of a homeowner-in-need in honor of “Make a Difference Day,” a national day of service.

EPA Awards Spartanburg, S.C., Green Infrastructure Assistance to Reduce Water Pollution, Build Resiliency to...

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The U.S. Environmental Protection Agency (EPA) today announced $400,000 to help six communities across the country, including Spartanburg, S.C., expand their use of green infrastructure. The funding is in support of President Obama’s Climate Action Plan, which directs federal agencies to identify climate-resilient investments such as agency grants and technical assistance for communities across the country.

Attorney General Jepsen Joins in Call for U.S. Supreme Court to Recognize Disparate...

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- In a brief filed today, Attorney General George Jepsen has joined with 11 other state attorneys general in urging the U.S. Supreme Court to recognize disparate impact claims under the federal Fair Housing Act (FHA)

Energy Department Announces Winners of Housing Innovation Awards

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The Energy Department on October 25 announced winners of the first-ever Housing Innovation Awards, recognizing 46 diverse industry leaders bringing the best in energy-efficient building technologies and design to new and older homes and helping households save money. The competition, coordinated by the Energy Department's Office of Energy Efficiency and Renewable Energy, offered rigorous application criteria within four building categories: DOE Challenge Home Builders, Home Performance with ENERGY STAR Participating Contractors, Excellence in Building Science Educator of the Year, and Building America Top Innovations

AIA Applauds NCARB Changes to Intern Development Program

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The American Institute of Architects (AIA) commends the decision of the National Council of Architectural Registration Boards (NCARB) Board of Directors to remove the employment duration requirement in the Intern Development Program (IDP). This change will allow interns to earn IDP experience regardless of time spent on a project. The eligibility requirement is also being simplified to allow interns to begin earning credit upon graduation from high school. The changes go into effect December 16, 2013.

AIA and Bolster Work Together to Solve Issues Facing Home Remodeling

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- The American Institute of Architects (AIA) has entered into an agreement with Bolster, a company recently launched to simplify the process of home remodeling by providing insurance for the successful outcome of projects. The AIA and Bolster aim to combine their strengths and expertise to the benefit of homeowners, contractors and architects operating in the remodeling industry.

New High-Performance Manufactured Homes Unveiled in White River Jct.

White River Jct., Vt. - October 30, 2013 - (RealEstateRama) -- Housing and energy efficiency advocates unveiled a new high-performance, energy efficient manufactured home today that is the first of its kind in the nation. It is specifically designed for northern climate conditions and uses one-third of the energy of a typical ENERGY STAR rated manufactured home.

JOHNSON OPENING STATEMENT ON HOUSING FINANCE REFORM: ESSENTIALS OF A FUNCTIONING HOUSING FINANCE SYSTEM...

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- Today, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing titled “Housing Finance Reform: Essentials of a Functioning Housing Finance System for Consumers.”

CDFI Fund Launches Second Capacity Building Initiative Series for Native CDFIs

WASHINGTON, D.C. - October 30, 2013 - (RealEstateRama) -- Building upon the success of its first Capacity Building Initiative series for Native Community Development Financial Institutions (Native CDFIs), the Community Development Financial Institutions Fund (CDFI Fund) today launched The Leadership Journey II: Continuing Native CDFI Growth and Excellence. The training series is open to a new cohort of Native CDFIs to participate in a comprehensive program of targeted training and technical assistance. The series is provided by NeighborWorks® America with specialized input from the Seven Sisters Community Development Group.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

U.S. Senator Roger Marshall

Senator Marshalls Slams United Nations Climate Change Goals That Will Harm...

U.S. Senator Roger Marshall, M.D. released the following statement on the United Nations Net-Zero Banking Alliance’s (NZBA) decision to dramatically expand their Green New Deal