Housing & Development

Housing & Development
NARI

UNICO AND NARI PARTNER FOR BETTER HVAC SOLUTIONS IN REMODELING PROJECTS

Unico, Inc., maker of small-duct heating and air conditioning systems, has launched a major partnership with the National Association of the Remodeling Industry (NARI), the largest and most prominent professional organization for remodeling companies. The partnership will focus on collaborating with remodeling contractors who face the challenges of adding central air in older homes, as well as options for home additions that would be impossible to design with conventional HVAC systems.
Manny Gonzalez

Thought-Leader Manny Gonzalez of KTGY to Speak on Housing Trends of Today and Beyond

International award-winning KTGY Architecture + Planning announced today that Manny Gonzalez, FAIA, LEED AP, managing principal of the firm’s Los Angeles office, will serve as keynote speaker for a live webcast scheduled to air on February 22, 2017, at 3:00 p.m. ET on MultifamilyBiz.com, the largest media platform in the multifamily housing industry.
Environment America

Environment America: Scott Pruitt Won’t Protect America’s Air, Water or Families

The Senate voted to approve President Trump’s nomination of Oklahoma Attorney General Scott Pruitt to head the Environmental Protection Agency. Environment America’s Executive Director, Margie Alt, issued the following statement in response
Congresswoman Eleanor Holmes Norton

Norton Cites a Victory as D.C.’s ‘Death with Dignity Act’ Takes Effect Tomorrow, But...

Congresswoman Eleanor Holmes Norton (D-DC) said that the District of Columbia’s medical aid-in-dying bill, the Death with Dignity Act, will take effect tomorrow, Saturday, February 18, 2017. Under the Home Rule Act, D.C. bills take effect upon the expiration of a congressional review period, unless a joint resolution disapproving a bill is enacted into law during the review period. The Death with Dignity Act was transmitted by the D.C. Council to the House and Senate on January 6, 2017, for a 30-legislative-day review period.
PCA

PCA to Showcase Importance of Resilient Building in Wake of Christmas Day Tornado

In an instant for so many in Birmingham, Christmas Day 2015 turned into a nightmare as residents dealt with the safety of loved ones and lost property following a violent tornado.
NAHB

NAHB Congratulates Scott Pruitt on his Confirmation as EPA Administrator

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 Senate confirmation of Oklahoma Attorney General Scott Pruitt to lead the Environmental Protection Agency (EPA)
USGBC

New Report Reveals Venues Across the Globe are Embracing LEED Green Building

USGBC released its LEED in Motion: Venues report, which highlights the efforts of convention centers, sports venues, performing arts centers, community centers and public assembly spaces to transform their environmental, social and economic footprint through LEED certification. The report showcases some of the most impressive green venues around the world.
Capital Impact Partners

Capital Impact Partners Advances Its Work in Providing Access To Healthy Food, Quality Education,...

Capital Impact Partners announced today that it financed projects in underserved communities across fives states including California, Michigan, Minnesota, New Hampshire, and Texas. Notable in this effort are deals that increased healthy food access, scaled cooperative efforts, and broadened and deepened the organization’s presence in Texas. Other enterprises supported by the organization included affordable housing, health care, and dignified aging facilities. This work is expected to create more than 275 permanent and 400 construction-related jobs, further providing help to those who live in the communities Capital Impact serves.
Habitat

Habitat for Humanity recognized for excellence in safety

The National Association of Home Builders awarded Habitat for Humanity with the Judges Special Recognition Award during the annual SAFE awards reception at the 2017 International Builders Show in Orlando.
NIBS

March 17 BSSC Webinar to Address Precast Concrete

The National Institute of Building Sciences Building Seismic Safety Council (BSSC) will host the second webinar in its 2017 series sponsored by the Federal Emergency Management Agency (FEMA). The free webinar, “Seismic Design of Precast Concrete Structures,” will be held Friday, March 17, 2017, from 2:00 pm to 3:00 pm ET (11:00 am to 12:00 pm PT).
NAHB

Housing Affordability Remains Favorable Even as it Hits an Eight-Year Low

Shortages of buildable lots and skilled labor, along with excessive regulations, rising mortgage interest rates and ongoing home price appreciation pushed housing affordability in the fourth quarter of 2016 to its lowest point since the third quarter of 2008, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) released today
NAHB

Statement from NAHB Chairman Granger MacDonald on Nomination of Alexander Acosta as Labor Secretary

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 on President Trump’s nomination of Alexander Acosta, current dean of Florida International University College of Law.
NAHB

Housing Production in January Levels Off After Multifamily Surge

Housing starts returned to trend, dropping 2.6 percent to a seasonally adjusted annual rate of 1.246 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. Multifamily production fell 10.2 percent to 423,000 units after an unusually high December 2016 reading, whereas single-family starts ticked up 1.9 percent to 823,000 units.
FTC

FTC Preserves Competition in Merger of Enbridge Inc. and Spectra Energy Corp

Energy infrastructure companies Enbridge Inc. and Spectra Energy Corp have agreed to settle Federal Trade Commission charges that the proposed merger of Enbridge and Spectra likely would harm competition in the market for pipeline transportation of natural gas in three production areas off the coast of Louisiana.
Financial Services Committee

Subcommittee Assesses U.S.-EU Covered Agreement

Members of the Financial Services Housing and Insurance Subcommittee met on Thursday to discuss and hear expert testimony on the recently announced “covered agreement” reached between the United States and the European Union on insurance and reinsurance.
HUD

HUD AND CENSUS BUREAU ANNOUNCE NEW RESIDENTIAL CONSTRUCTION ACTIVITY IN JANUARY

The U.S. Department of Housing and Urban Development (HUD) and the Census Bureau jointly announced the following new residential construction statistics for January 2017
Center for American Progress

U.S. Companies are Investing in Climate Resilient Infrastructure, the United States Must Also

The U.S. private sector is already learning the lessons from extreme weather caused by climate change. Companies throughout the country are investing billions to protect their infrastructure. Even the oil companies—notorious climate change deniers—are protecting their multibillion-dollar infrastructure assets from rising sea levels, more severe storms and hotter temperatures.
Speaker Paul Ryan

Statement on Stream Protection Rule CRA Signed into Law

House Speaker Paul Ryan (R-WI) released the following statement after President Trump signed H.J. Res. 38 into law. This legislation repeals the Department of Interior’s stream protection rule under the Congressional Review Act.

DHCD Tops $50 Million in HPTF Loans for Affordable Housing In First Five Months...

In just five months in to Fiscal Year 2017, one half of the District’s $100 million Housing Production Trust Fund (HPTF) has been allocated to projects that will produce and preserve affordable housing across four Wards. The DC Department of Housing and Community Development (DHCD) announced today that the HPTF’s $50.3 million mark was met by the closing of two projects that will provide 250 affordable units in Wards 1 and 8

Norton Presses Aircraft Engine Manufacturer on When Quieter Engines Will Be Implemented to Help...

Congresswoman Eleanor Holmes Norton (D-DC), a member of the Quiet Skies Caucus, today at a Transportation and Infrastructure Committee hearing asked an executive of Pratt & Whitney, the nation’s largest producer of aircraft engines, when the company’s PurePower Geared Turbofan engine, which is expected to result in a three-quarters reduction in noise footprint, will be widespread throughout the industry. Dr. Alan Epstein, Pratt and Whitney’s Vice President of Technology and Environment, said that 35 airplanes currently have the new, quieter engine, and that he expects within two years that all new aircraft will have the engine

Spike in FHA Delinquencies Shows President Trump Right to Suspend Last-Minute Obama Move

House Financial Services Committee Chairman Jeb Hensarling (R-TX) said today’s announcement that Federal Housing Administration mortgage delinquencies jumped at the end of 2016 shows President Trump made the right decision to suspend and review the outgoing Obama Administration’s lowering of FHA mortgage insurance premiums

ULI Greenprint Center and Measurabl Collaborate to Drive Sustainable Building Performance

A collaborative effort announced today between the Urban Land Institute Greenprint Center for Building Performance (Greenprint) and Measurabl will improve sustainability and building performance tracking for more than 20,000 commercial buildings covering 3.7 billion square feet around the globe. These properties constitute the collective portfolio of Greenprint members and Measurabl subscribers, who together represent the world’s largest database of sustainability-focused commercial real estate owners and investors

January New Home Purchase Mortgage Applications Increased 9.2 Percent Year over Year

The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for January 2017 shows mortgage applications for new home purchases increased 9.2 percent compared to January 2016. Compared to December 2016, applications increased by 22 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns.

U.S. Solar Market Grows 95% in 2016, Smashes Records

BOSTON, Mass. and WASHINGTON, D.C. - (RealEstateRama) -- In its biggest year to date, the United States solar market nearly doubled its annual record,...

WSSC Crews Continue Round-the-Clock Repairs to Ruptured Sewer Main at Piscataway Wastewater Treatment Plant

WSSC crews continue their around-the-clock repairs to a ruptured pressurized sewer main at the Piscataway Wastewater Treatment Plant in Accokeek. An important milestone in the complicated containment and repair process was reached early this morning as crews finished installing a second set of temporary pumps and bypass pipes, allowing all wastewater to bypass the break and be safely pumped into the plant for treatment. Additionally, the temporary piping to the plant means no wastewater is being pumped into the on-site retention basins

Builder Confidence Continues to Settle Back to Sustainable Levels in February

Builder confidence in the market for newly-built single-family homes declined two points in February to a level of 65 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI).

Alliance Calls On Congress To Pass “Portman-Shaheen” Efficiency Bill

WASHINGTON – The Alliance to Save Energy called on Congress to move quickly to pass the bipartisan “Portman-Shaheen” energy efficiency bill (S. 385) after...

American Land Title Association Supports Effort to Improve Real Estate Closing Process

The American Land Title Association (ALTA), the national trade association of the land title insurance and real estate settlement industry, sent a letter to the National Association of Secretaries of State (NASS) offering support of efforts to promote the understanding of remote electronic notarizations.

FTC Undercover Inspections of Funeral Homes in Nine States Prompt Compliance with Funeral Rule...

Federal Trade Commission investigators working undercover in nine states found failures to disclose pricing information to consumers, as required by the FTC’s Funeral Rule, in 31 of the 133 funeral homes they visited during 2015 and 2016.

DCHFA Finances Second Affordable Apartment Complex in Ward 8 in 2017

The project is being developed by The Michaels Development Company and CityInterests, LLC. South Capitol Multifamily is also being funded by $23.19 million raised in equity through the syndication of four percent low income housing tax credits in partnership with a $25.14 million loan from the DC Department of Housing and Community Development’s Housing Production Trust Fund.

Popular

Early-Bird Rate Ends Tomorrow for 2018 Festival’s Building Science Pavilion

The early-bird rate to participate in the USA Science & Engineering Festival’s Building Sciences Pavilion to inspire and engage the next generation of building industry professionals ends tomorrow

Recent

Eric Wohl

Phillips Edison Sells Five Shopping Centers Totaling 583,000 SF

Hanley Investment Group, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that in separate transactions Hanley Investment Group's Executive Vice President Eric Wohl served as advisor in bringing the buyer and seller together in the sale of five shopping centers owned by Cincinnati, Ohio-based firm Phillips Edison & Company, one of the nation’s largest owners and managers of grocery-anchored shopping centers. The buyer was Albanese Cormier Holdings, a commercial real estate investment company based in Beaumont, Texas