Housing & Development

Housing & Development
Financial Services Committee

An Overview of Homelessness in America

The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness


Thirty-eight states and the District of Columbia added construction jobs between April 2017 and April 2018, while 29 states added construction jobs between March and April, according to an analysis by the Associated General Contractors of America of Labor Department data released today.  Association officials said the employment growth likely would have been higher if firms could find more qualified workers to hire

New Mexico Elementary School Receives $26.2 Million for New School Construction

U.S. Secretary of the Interior Ryan Zinke announced today that the Laguna Elementary School in New Laguna, New Mexico, will receive $26.2 million for the construction of a new school. “As Secretary of the Interior, I am responsible for the education of 48,000 native children in the Bureau of Indian Education school system

Energy Business Groups And Advocates Call For Protection Of American Energy Transition And Opportunities...

A coalition of energy groups submitted written comments on May 11 to the Office of the U.S. Trade Representative to express the concerns of a broad range of U.S. energy interests regarding the potential impact of proposed trade tariffs with China on the growing American clean energy industry.
Natural Resources

Committee Advances Another Bill to Boost Water Infrastructure, Slate of Locally Supported Lands Bills

The House Committee on Natural Resources passed six bills including H.R. 4419 (Rep. Dan Newhouse, R-Wash.), H.R. 3916 (Rep. Ken Calvert, R-Calif.), H.R. 3186 (Rep. Niki Tsongas, D-Mass.), H.R. 3045 (Rep. Luke Messer, R-Ind.), H.R. 857 (Rep. Paul Cook, R-Calif.), and H.R. 224 (Rep. Don Young, R-Ala.)

Housing Production Drops 3.7 Percent But Remains Near Post-Recession High

Total housing production fell 3.7 percent in April to a seasonally adjusted annual rate of 1.29 million units after an upwardly revised March reading of 1.34 million, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. The March report marked an 11-year high for housing production.

NAHB Now Accepting Applications for the 2019 Best of 55+ Housing Awards Competition

The National Association of Home Builders (NAHB) 55+ Housing Industry Council is now accepting applications for the 2019 Best of 55+ Housing Awards. All builders, developers, architects, marketers and designers of 55+ housing are invited to enter this prestigious awards competition.

REALTORS® Focus on the Future of Fair Housing

Dr. Ben Carson, secretary of the Department of Housing and Urban Development, joined thousands of members of the National Association of Realtors® at a general session today during the 2018 REALTORS® Legislative Meetings & Trade Expo to commemorate the 50th anniversary of the Fair Housing Act.

Builder Confidence Climbs to 70 in May

Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). This is the fourth time the HMI has reached 70 or higher this year.

NAHB Now Accepting Applications for Multifamily Pillars of the Industry Awards Competition

The National Association of Home Builders (NAHB) opened its general call for entries for the Multifamily Pillars of the Industry Awards competition. Multifamily owners and developers, builders, property managers, architects, interior designers and multifamily industry professionals are invited to enter the competition

Department of Energy Announces $72 Million to Advance High-Temperature Concentrating Solar Power Systems

The U.S. Department of Energy (DOE) announced $72 million for new projects to advance high-temperature concentrating solar power (CSP) technologies. These projects will extend previous research on high-temperature components, develop them into integrated assemblies, and test these components and systems through a wide range of operational conditions
Congresswoman Eleanor Holmes Norton

Norton, an Infrastructure Leader in Congress, Will Speak at Two Press Events to Kick...

Congresswoman Eleanor Holmes Norton (D-DC), ranking member of the House Subcommittee on Highways and Transit, will kick off National Infrastructure Week by participating in two press events tomorrow, Tuesday, May 15, 2018. Norton is one of the “Big Four” House Transportation leaders who wrote the current five-year surface transportation authorization, the FAST Act, which was signed into law in 2015.

Statement from Civil Rights Organizations on New York State’s Motion to Intervene in Fair...

We are pleased that the State of New York recognizes the importance of HUD’s Affirmatively Furthering Fair Housing (AFFH) Rule and that it is standing up for their many cities, towns, counties, and public housing authorities that would have, had the Rule been in effect, developed plans to ensure that everyone in the state has fair housing opportunities.

NRPA, NLC and Value of Water Campaign Unite to Promote Green Infrastructure in Parks...

The National Recreation and Park Association (NRPA), in partnership with the National League of Cities (NLC) and the Value of Water Campaign, is proud to bring attention to the benefits of green infrastructure in parks during National Infrastructure Week, May 14–18, 2018. On Tuesday, May 15, 2018, NRPA, NLC and the Value of Water Campaign will hold a special briefing on Capitol Hill where representatives from Philadelphia Parks and Recreation, the City of Atlanta Department of Watershed Management and the City of Lacey
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $1.950 Trillion

Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $34 billion in April. A breakdown of April issuance includes $32.437 billion of Ginnie Mae II MBS and $1.631 billion of Ginnie Mae I MBS, which includes $1.446 billion of loans for multifamily housing. MBS issuance for Fiscal Year 2018 to the end of April totaled $251.017 billion.

Business Real Estate Press Releases

Multi-Tenant Retail Property

Hanley Investment Group Arranges Sale of Newly Constructed Multi-Tenant Retail Property...

Hanley Investment Group Real Estate Advisors, a nationally-recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that the firm completed the sale of a 6,777-square-foot new construction multi-tenant retail pad building occupied by The Coffee Bean & Tea Leaf (with drive-thru), Chipotle, Jersey Mike’s Subs and WaBa Grill at 13916 Garvey Avenue in Baldwin Park, Calif.

Recent Gov & Nonprofit Real Estate Press Releases

Financial Services Committee

An Overview of Homelessness in America

The Housing and Insurance Subcommittee met today to examine the current state of homelessness in America, and to discuss issues regarding veteran, youth, and any other populations affected by homelessness