Home Housing & Development
Nationwide housing starts fell 0.8 percent in August to a seasonally adjusted annual rate of 1.18 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. Single-family production rose 1.6 percent in August to a seasonally adjusted annual rate of 851,000 after a downwardly revised July reading. Year-to-date, single-family starts are 8.9 percent above their level over the same period last year.
Next-generation concentrating solar power (CSP) plants require high-temperature fluids, like molten salts, in the range of 550-750 degrees Celsius to store heat and generate electricity. At those high temperatures, however, the molten salts eat away at common alloys used in the heat exchangers, piping, and storage vessels of CSP systems.
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the U.S. Virgin Islands and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma. Last week, President Trump issued a major disaster declaration for St. John and St. Thomas Islands. The President’s declaration allows HUD to offer foreclosure relief and other assistance to certain families living in this county.
Members of the National Association of Home Builders (NAHB) are celebrating Professional Women in Building (PWB) Week Sept. 18 – 22. The goals of PWB Week are to highlight the many contributions women make to the residential construction industry and offer an opportunity for PWB members to share the value of council membership
Capital Impact Partners announced today that it provided $75 million in project financing during the second quarter of 2017. This represents the largest quarterly loan volume in the company’s history as it worked to support increased access to health care, education, affordable housing, and healthy food around the United States.
Builder confidence in the market for newly-built single-family homes fell three points to a level of 64 in September from a downwardly revised August reading of 67 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).
The Santa Fe Association of REALTORS® is hosting a Multi-Family Housing Conference on Thursday - September 28, 2017, from 9 a.m. to 2 p.m. at the Santa Fe Community Convention Center. The event is devoted to raising awareness of multi-family housing by providing a forum for key stakeholders to explore opportunities to promote, encourage and grow workforce housing in our region.
The U.S. Senate today confirmed President Trump’s nomination of Pamela Patenaude to serve as Deputy Secretary of the U.S. Department of Housing and Urban Development (HUD). HUD Secretary Ben Carson welcomed the Senate’s action and said it comes at a critical time as the Department prepares to support the long-term recovery following Hurricanes Harvey and Irma.
In a letter today to Sen. Elizabeth Warren (D-MA), Ginnie Mae outlines its actions to curb VA refinance speeds and aggressive marketing by some VA approved lenders. As Ginnie Mae notes in its letter, rapid refinance and loan churning was recognized as a problem in its VA portfolio last year. This led to Ginnie Mae’s initial measures to change its program rules to address the issue. These initial measures were successful in stopping these practices with many lenders.
Although the fiscal year 2018 D.C. Appropriations bill passed by the House today contains five anti-home-rule riders, Congresswoman Eleanor Holmes Norton (D-DC) said she believes she will be able to keep most of them out of the final spending bill, which must be passed by December 8. The Senate version of the fiscal year 2018 D.C. Appropriations bill has not been introduced, but even under Republican control the last two fiscal years, the bill has contained zero anti-home-rule riders
The Department of the Interior announced today that the Bureau of Reclamation is awarding a construction contract of almost $62 million for part of the Navajo-Gallup Water Supply Project in New Mexico to increase the supply of clean drinking water to surrounding communities.
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) following Pam Patenaude’s confirmation as Deputy Secretary of the Department of Housing and Urban Development (HUD)
State governments, in partnership with cities and other local jurisdictions, can and should do more to promote housing development and choice through smarter local land use policies and incentives, according to a new Urban Land Institute (ULI) report, Yes in My Backyard.
U.S. Secretary of Veterans Affairs Dr. David J. Shulkin announced that VA is making beds available where possible to non-Veteran nursing home residents affected by Hurricane Irma
The U.S. Department of Housing and Urban Development (HUD) awarded $55.2 million to 77 Native American tribes throughout the country to improve housing conditions and to stimulate economic development in their communities. HUD's Indian Community Development Block Grant (ICDBG) Program is a competitive program that supports a wide range of community development and affordable housing activities, from new housing for individual families to community amenities like rec centers or water lines.
David H. Stevens, CMB, President & CEO of the Mortgage Bankers Association (MBA), released a statement following the Senate confirmation of Pam Patenaude to be the Deputy Secretary of Housing and Urban Development (HUD).
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement on the Senate confirmation of Pamela Patenaude as deputy secretary of the Department of Housing and Urban Development
Mercy Housing, the largest affordable housing nonprofit in the country, announced today that it has upgraded six of its California properties with efficiency measures that will reduce the amount of energy and water consumed in the buildings. The upgrades were supported by Mercy Housing’s Green Hope sustainability program, designed to reduce consumption of natural resources, reduce waste, and create healthier living environments with no reduction in quality of service to the resi
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the State of Florida and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.
The National Association of Home Builders (NAHB) today urged Congress to pass the bipartisan Save Local Business Act, legislation that would boost housing affordability and provide small businesses certainty and predictability by clarifying under law what constitutes a joint employer
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, issued the following statement regarding President Trump’s nomination of Brian Montgomery to run the Federal Housing Administration (FHA)
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association (MBA), made the following statement about President Trump nominating Brian Montgomery to be the next Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD)
Congresswoman Eleanor Holmes Norton’s (D-DC) home-rule provision to change a 1958 law that treated the District of Columbia government as a part of the federal government, as it was then, was included in a bill passed today by the House Oversight and Government Reform Committee (OGR).
Ranking Member of the Senate Energy and Natural Resources Committee Maria Cantwell (D-Wash.) applauded the Department of Energy’s (DOE) announcement that the Pacific Northwest National Laboratory will receive grants to develop new cybersecurity technologies and tools and strengthen grid resilience.
The installed cost of solar power fell to record lows in the first quarter of 2017 because of the continuing decline in photovoltaic (PV) module and inverter prices, higher module efficiency, and lower labor costs, according to an analysis by the U.S. Department of Energy’s (DOE) National Renewable Energy Laboratory (NREL).
The DC Department of Housing and Community Development (DHCD) was selected as the 2017 winner of the prestigious Robert C. Larson Housing Policy Leadership Award by the Urban Land Institute (ULI). The award recognizes exemplary state and local programs that are using innovative strategies to produce, rehabilitate, or preserve workforce and affordable housing.
U.S. Housing and Urban Development today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes due to Hurricane Irma.
Washington, D.C.’s Department of Housing and Community Development Selected as Winner of the Urban...
Washington, D.C.’s Department of Housing and Community Development has been selected by the Urban Land Institute’s (ULI) Terwilliger Center for Housing as the winner of the 2017 Robert C. Larson Housing Policy Leadership Award, which is an annual recognition of the innovative ways the public sector is addressing the country’s affordable housing crisis.
Newark’s Hahne & Co. Building, Boston’s Mosaic on the Riverway, and Austin’s Wildflower Terrace have been selected by the Urban Land Institute (ULI) Terwilliger Center for Housing as the winners of the 2017 Jack Kemp Excellence in Affordable and Workforce Housing Award. The annual award, which honors developments that ensure housing affordability for people in a broad range of incomes, is provided to developments in which all or a portion of the units are affordable to households earning up to 120 percent of the area median income (AMI).
Statement from NAHB Chairman Granger MacDonald on HUD Suspending FHA Multifamily Mortgage Insurance Applications...
Granger MacDonald, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Kerrville, Texas, today issued the following statement regarding the Department of Housing and Urban Development’s decision to halt new FHA multifamily mortgage insurance applications in counties impacted by Hurricane Harvey and designated as Presidentially Declared Disaster areas