Housing & Development

Housing & Development
FTC

FTC Halts Deceptive Mortgage Loan Modification Scheme

The Federal Trade Commission has charged a mortgage loan modification operation with deceiving financially distressed homeowners by falsely promising to prevent foreclosure and make their mortgages more affordable. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request.
NIBS

WBDG Whole Building Design Guide® Celebrates 20 Years

This past Thursday, January 11, 2018, attendees at the National Institute of Building Sciences’ annual FEDCon® Breakfast learned about the WBDG Whole Building Design Guide® and joined in the celebration of its 20th anniversary. The Institute’s online research site, WBDG hosts federal design specifications and criteria, as well as education programs, design recommendations and case studies.
NEH

NEH Creates New Grant Program to Support Humanities Infrastructure

The National Endowment for the Humanities (NEH) today announced a new grant program designed to create and sustain humanities infrastructure. Cultural institutions are eligible to receive up to $750,000 grants.
EPA

EPA Hurricane Maria Update for January 18, 2018: Hazardous Household Materials Collection Program Underway...

Continuing its Hurricane Maria response efforts, the U.S Environmental Protection Agency is collecting hazardous household materials, orphan containers and e-waste items in Vieques, Puerto Rico. Vieques, an island seven miles off the eastern coast of Puerto Rico, was one of the hardest hit areas and has presented exceptional challenges, from a logistics and communications standpoint, to response and recovery efforts on Vieques.
NAHB

Single-Family Sector Boosts Housing Production in 2017, More Gains Expected this Year

Nationwide housing starts fell 8.2 percent in December to a seasonally adjusted annual rate of 1.19 million units after an upwardly revised November reading, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.
NAHB

Remodeling Market Indicators Hit High in Fourth Quarter

The National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) posted a reading of 60 in the fourth quarter of 2017, up three points from the previous quarter and only the second time since 2001 the reading has reached 60. For 19 consecutive quarters, the RMI has been at or above 50, which indicates that more remodelers report market activity is higher compared to the prior quarter than report it is lower.
DCHFA

DCHFA Finances New Affordable Senior Housing and Preserves Affordable Units in Wards 5 and...

The DC Housing Finance Agency (DCHFA) issued financing for both a new construction project and a preservation development all on the same day. On January 11,DCHFA issued $11.1 million in bond financing to construct 1164 Bladensburg Apartments (1164 Bladensburg Road, NE).
NeighborWorks America

Homebuyers received nearly $40 million in down payment assistance from NeighborWorks in 2017

NeighborWorks network organizations across the U.S. last year provided $39.2 million in down payment assistance to consumers, helping thousands of people become homeowners. Many of the purchasers were first-time homebuyers with low and moderate incomes, who without the support of NeighborWorks organizations would not have been able to buy a home.
USDOJ

Acting Deputy Assistant Attorney General M. Kendall Day of the Criminal Division Delivers Testimony...

Chairman Crapo, ranking member Brown and members of the Committee, thank you for the opportunity to discuss our nation’s anti-money laundering laws, including the Bank Secrecy Act. The Department of Justice draws upon the resources and expertise of various components to combat money laundering, including the Criminal Division’s Money Laundering and Asset Recovery
Mercy Housing

MERCY HOUSING AND NAHT CLOSE ON $14.3M OF EQUITY TO BENEFIT REHABILITATION OF HOLLY...

With a focus on leveraging housing as a platform to ensure access to social services opportunities for low-income families, National Affordable Housing Trust (NAHT) is proud to announce the closing of Holly Park. NAHT closed on the property in partnership with Goldman Sachs Bank and Mercy Housing
NREL

NREL, University of Texas Scientists Determine Critical Factor for Improving Performance and Durability of...

A microscopic analysis of perovskite solar cells reveals new insight into how the devices degrade—information necessary for moving the technology closer to commercialization. The research was conducted by scientists at the Department of Energy’s National Renewable Energy Laboratory (NREL) and at the University of Texas at Austin and was published in 
Congresswoman Eleanor Holmes Norton

Norton Bill Allowing D.C. to Work with NPS to Make Improvements to Franklin Park...

A $488,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution, The First, A National Banking Association (The First), will rehabilitate 72 homes in Laurel, Mississippi. Local dignitaries yesterday joined bank and project representatives at a check presentation ceremony at the office of Laurel Mayor Johnny Magee to award the funds.
NAHB

Builder Confidence Remains Strong as New Year Starts

Builder confidence in the market for newly-built single-family homes dropped two points to a level of 72 in January on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) after reaching an 18-year high in December 2017.
HUD - U.S. Department of Housing and Urban Development

CARSON DELIVERS OATH OF OFFICE TO FOUR NEW HUD LEADERS

The U.S. Department of Housing and Urban Development (HUD) has four new top leaders who are assuming key roles in the agency at the start of a new year and during a critical recovery period following last year's devastating hurricanes. HUD Secretary Ben Carson administered the oath of office to the following individuals recently confirmed by the U.S. Senate: J. Paul Compton, Jr. to become HUD's General Counsel;
ULI

The Urban Land Institute Receives Gift from Hines to Increase the Number and Visibility...

The Urban Land Institute (ULI) and ULI’s Women’s Leadership Initiative (WLI) has received a $90,000 gift from Hines, the globally renowned real estate organization, to support the creation of the WLI Hines Innovation Grants, with the goal of helping raise the visibility and number of women in leadership roles in the real estate industry and within ULI’s membership. ULI is a global, multidisciplinary institute whose 40,000-plus members are dedicated to leadership in land use and building thriving, sustainable communities.

Business Real Estate Press Releases

Gregg Larson

Industry Award Recognizes CoreLogic Real Estate Leaders

CoreLogic®(NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced that two of its key Real Estate Solutions leaders have been recognized in the Swanepoel Power 200 list. Chris Bennett, executive, and Gregg Larson, principal, Business Development, were both named to the list for 2018. The Swanepoel Power 200 is an annual ranking of residential real estate’s top leaders published by the Swanepoel T3 Group.

Recent Gov & Nonprofit Real Estate Press Releases

FTC

FTC Halts Deceptive Mortgage Loan Modification Scheme

The Federal Trade Commission has charged a mortgage loan modification operation with deceiving financially distressed homeowners by falsely promising to prevent foreclosure and make their mortgages more affordable. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request.