Government

Government

Visclosky Release on the $3 Million EDA Award for the City of Gary

Today, the U.S. Economic Development Administration (EDA), under the U.S. Department of Commerce, announced a $3,000,000 award to the City of Gary for investing in Buffington Harbor Drive infrastructure. According to the EDA, this funding will provide for the construction of critical road infrastructure that will facilitate routing for commercial and light industrial transportation to the area’s interstate, rail, and air distribution network.

Congressman Garamendi Votes to Keep Government Services Operating, 151 in House Vote to Shut...

Congressman John Garamendi (D-Fairfield, CA) voted for a short term Continuing Resolution that keeps the government open for two more months at existing funding levels. He was joined by 276 other Members of Congress. Unfortunately, 151 Members of Congress voted to shut down the government again.

MSHA awards $8.4M in state grants in 47 states

The U.S. Department of Labor's Mine Safety and Health Administration has awarded $8,441,000 in grant funding to 47 states and the Navajo Nation to reduce mining accidents, injuries and illnesses by supporting safety and health training courses and other programs.

Service Members’ Compensation for Unlawful Foreclosures Under the Servicemembers Civil Relief Act Rises to...

The Justice Department announced today that an additional 1,461 service members and their co-borrowers are eligible to receive over $186 million for home foreclosures under the department’s settlements with five of the nation’s largest mortgage servicers.  Those settlements implement the protections of the Servicemembers Civil Relief Act (SCRA).  Together with other foreclosure-related compensation announced by the department in February, a total of 2,413 service members and their co-borrowers are eligible to receive over $311 million. 

EPA Announces National Limits to Reduce Toxic Pollutants Discharged into Waterways by Steam Electric...

The U.S. Environmental Protection Agency (EPA) today finalized a rule that will reduce the discharge of toxic pollutants into America’s waterways from steam electric power plants by 1.4 billion pounds annually, as well as reduce water withdrawal by 57 billion gallons per year, resulting in an estimated benefit of $463 million per year to Americans across the country. Toxic pollutants include mercury, arsenic, lead, and selenium, which can cause neurological damage in children, lead to cancer, and damage the circulatory system, kidneys, and liver.

Housing Program: Mayor Announces Affordable Housing Bonus Program Legislation

Mayor Edwin M. Lee with Supervisor Katy Tang introduced legislation at the Board of Supervisors to create an Affordable Housing Bonus Program to provide new incentives for private developers to build more affordable housing units in their market-rate developments. The legislation, part of the Mayor’s Blueprint to 10,000 permanently affordable homes by 2020, will help the City better meet the needs of low and middle income families who need housing, and will, for the first time, institutionalize a program that supports middle income families.

Mayor Landrieu, Sewerage and Water Board Announce Steps to Prevent Future Boil Water Advisory...

Mayor Mitch Landrieu was joined by representatives of the Sewerage and Water Board of New Orleans to announce steps being taken to prevent future boil water advisory events

EPA, Pueblo of Cochiti Develop Green Infrastructure Projects

As different areas of the country become drier and hotter, the U.S. Environmental Protection Agency (EPA) and the Pueblo of Cochiti, New Mexico, are developing green infrastructure projects that address water needs. The EPA initiative focuses resources from multiple federal agencies to help meet economic, environmental and community needs identified by tribal leaders. EPA is also providing assistance with drinking water sources and brownfields evaluation

New ULI Semi-Annual Forecast for Real Estate Market Less Bullish, But Still Foresees Continued...

The real estate market is projected to continue expanding at healthy and fairly steady levels for 2015 through 2017, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. The latest ULI Real Estate Consensus Forecast, a semi-annual outlook, is based on a survey of 49 of the industry’s top economists and analysts representing 36 of the country’s leading real estate investment, advisory, and research firms and organizations

Visclosky Announces Land and Water Conservation Fund Grant for Deep River Park

Congressman Pete Visclosky announced today that the National Park Service Land and Water Conservation Fund (LWCF) has awarded a $200,000.00 grant to the Lake County Park Board for Deep River Park.

NEWS CENTER Price of Solar Energy in the United States Has Fallen to 5¢/kWh...

Solar energy pricing is at an all-time low, according to a new report released by Lawrence Berkeley National Laboratory (Berkeley Lab). Driven by lower installed costs, improved project performance, and a race to build projects ahead of a reduction in a key federal incentive, utility-scale solar project developers have been negotiating power sales agreements with utilities at prices averaging just 5¢/kWh. These prices reflect receipt of the 30% federal investment tax credit, which is scheduled to decline to 10% after 2016, and would be higher if not for that incentive

Pittsburgh Woman Pleads Guilty to Misusing Section 8 Housing Vouchers

A resident of Pittsburgh, Pennsylvania pleaded guilty in federal court to a charge of theft of government property, United States Attorney David J. Hickton announced today Michelle L. Michalek, 35, of Pittsburgh, PA 15209, pleaded guilty to one felony count before Chief United States District Judge Joy Flowers Conti.

EPA Finalizes Plan to Protect Drinking Water in Corozal, P.R.; $3 Million Spent to...

The U.S. Environmental Protection Agency has finalized a plan to use natural processes along with the continued use of a system that EPA had already installed to treat contaminated groundwater at the Corozal Well Superfund Site in Corozal, Puerto Rico.

HUD AWARDS $38 MILLION TO MORE THAN 100 GROUPS TO FIGHT HOUSING DISCRIMINATION

The U.S. Department of Housing and Urban Development (HUD) announced today that it is awarding more than $38 million under HUD’s Fair Housing Initiatives Program (FHIP) to over 100 groups across the nation to fight housing discrimination.See chart below for a listing of grant recipientsand read summaries here of the activities these organizations will conduct with the grants.

HUD AWARDS $2 MILLION TO REDUCE HEALTH HAZARDS IN HOUSING

The U.S. Department of Housing and Urban Development (HUD) today awarded more than $2 million in research grants designed to protect children and other vulnerable groups from health hazards in their homes. This funding highlights the link between housing and health, and methods for reducing residential health hazards. HUD’s grants are being awarded to two universities and a non-profit research institution studying new low-cost methods to control asthma triggers in the home, and to control tobacco smoke residue that has settled on home surfaces (referred to as third-hand smoke.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Results of Customary and Reasonable Appraisal Fee Survey Are Now Available

Findings from Illinois’ Customary and Reasonable Fee Survey are now available online, according to the Illinois Department of Financial and Professional Regulation (IDFPR). The voluntary survey of Illinois licensed real estate appraisers began in January with assistance from the Office of Real Estate Research at the University of Illinois at Urbana-Champaign.