Government

Government
USDOJ

Real Estate Attorney Sentenced for Role in Sweeping Mortgage Fraud Conspiracy

A real estate attorney was sentenced today in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.
USDOJ

President and Vice President of South Florida Construction Company Charged with Defrauding Low-Income Housing...

President and vice president of South Florida construction company charged with defrauding low-income housing development program. Benjamin G. Greenberg, U.S. Attorney for the Southern
Mayor Muriel Bowser

Mayor Bowser to Conclude June Housing Bloom with Groundbreaking on Affordable Housing in Mt....

On Friday, June 22, at 11 am, Mayor Muriel Bowser will hold a closing celebration of June Housing Bloom with a groundbreaking on Liberty Place Apartments, a 71-unit affordable housing
EPA

EPA Provides Nearly $70 Million Loan for Omaha Water Infrastructure Upgrades

The U.S. Environmental Protection Agency (EPA) issued a $69.7 million loan to the city of Omaha, Nebraska, to help finance its Saddle Creek Retention Treatment Basin. This marks the second loan
USDOJ

Real Estate Investor Pleads Guilty to Rigging Bids at Online Foreclosure Auctions

Real estate investor Stuart Hankin pleaded guilty today for his role in a conspiracy to rig bids, in violation of antitrust law, at online public foreclosure auctions in Florida, the Department of Justice announced. He is the first defendant to plead guilty in this conspiracy.
DOE

Department of Energy Announces $21 Million to Advance Solar Desalination Technologies

The U.S. Department of Energy (DOE) announced $21 million for new projects to advance solar-thermal desalination technologies. These 14 projects are focused on reducing the cost of solar-thermal desalination and helping the technology to reach new markets, including to areas that are not connected to the electric grid.
USDOJ

Sixth Mississippi Real Estate Investor Pleads Guilty to Conspiring to Rig Bids at Public...

Mississippi real estate investor Ivan Spinner became the sixth real estate investor to plead guilty in connection with the ongoing investigation into bid rigging at public real estate foreclosure auctions in Mississippi, the Department of Justice announced.
Norton Introduces Bill

Norton Introduces Bill to Permit Marijuana Use in Public Housing

Congresswoman Eleanor Holmes Norton (D-DC) today introduced her bill to permit the use of marijuana in states where it is legal—for medical or recreational purposes—in federally-assisted housing, including public housing and the Section 8 housing program. Norton held a signing ceremony for the bill with Sondra Battle, a District of Columbia resident who lives in Section 8 housing while suffering from fibromyalgia, a chronic disease that she treats by using medically-prescribed cannabis.
Congresswoman Eleanor Holmes Norton

Norton Requests MWAA Provide House Committee with Full Details on Chief Executive’s Compensation to...

Congresswoman Eleanor Holmes Norton (D-DC), a senior member of the House Transportation and Infrastructure Committee, today wrote the Metropolitan Washington Airports Authority (MWAA) requesting that a copy of the employment contract of MWAA President and Chief Executive Officer John “Jack” Potter be provided to the Committee. While MWAA has disclosed Potter’s base salary, which ranks among the highest in the nation for airport executives
Financial Services Committee

House Passes Bill to Expand Housing Options for Individuals Recovering From Opioid Addiction

On Thursday, the House passed H.R. 5735, the Transitional Housing for Recovery in Viable Environments Demonstration Program Act of 2018, or the THRIVE Act by a vote of 230-173. The opioid crisis strikes the hearts of communities around the nation. By using federal resources more efficiently and effectively, including housing programs, Congress can better address the needs of individuals recovering from opioid addiction.
FTC

FTC Requires Construction Company CRH plc to Divest Facilities in Montana, Nebraska and Kansas...

The Federal Trade Commission will require Dublin, Ireland-based construction company CRH plc to divest facilities in three states as part of a settlement resolving charges that CRH’s $3.5 billion acquisition of its Kansas-based competitor Ash Grove Cement Company is anticompetitive and violates federal antitrust law.

NEW YORK STATE OFFICE OF MENTAL HEALTH ANNOUNCES AVAILABILITY OF $75,000 IN FUNDING FOR...

The New York State Office of Mental Health (OMH) today announced the availability of up to $75,000 in grant funding for projects that help reduce the stigma often associated with mental illness.
Congresswoman Eleanor Holmes Norton

Norton to File Amendments to Strike All Anti-D.C. Riders from Committee-Passed D.C. Appropriations Bill

Congresswoman Eleanor Holmes Norton (D-DC) today said she will file amendments to strike all five anti-home-rule riders from the House fiscal year 2019 District of Columbia Appropriations bill, which was passed by the House Appropriations Committee last night, when it goes to the House floor.

VA 15563 – SBA Offers Disaster Assistance to Residents of Virginia Affected by Apartment...

Virginia businesses and residents affected by the Forest Glen Senior Apartment Complex Fire in Centreville on May 2, 2018, can apply for low-interest disaster loans from the U.S. Small Business Administration, Administrator Linda McMahon announced today
Mayor Muriel Bowser

Mayor Bowser Announces $103 Million Investment in Affordable Housing

Mayor Bowser today announced the selection of nine projects that will produce or preserve housing for more than 1,700 residents—including seniors and residents experiencing homelessness—with approximately $103 million in funding from DC Government.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

USDOJ

Real Estate Attorney Sentenced for Role in Sweeping Mortgage Fraud Conspiracy

A real estate attorney was sentenced today in connection with a sweeping conspiracy to defraud banks and mortgage companies by engaging in sham “short” sales of residential properties in Merrimack Valley.