Thursday, March 28, 2024

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Visclosky Announces FAA Grant Award for the Porter County Regional Airport

Congressman Pete Visclosky announced today that the Porter County Regional Airport will receive a $1,437,732 grant award from the Federal Aviation Administration (FAA). Airport Director Kyle Kuebler stated, “This funding represents the third round of programming, which enables the Porter County Regional Airport to continue the reconstruction of its most critical infrastructure asset, its primary east-west runway

Low-cost wind energy can play key role in California’s renewable energy future

California Gov. Jerry Brown signed landmark legislation to get 50 percent of the state’s electricity from zero-carbon renewable sources within 15 years. American wind power applauded the governor and the bill’s author, Senate leader Kevin De Leon, saying wind can help California meet these goals cost-effectively and reliably

Institute Kicks Off Effort to Develop National BIM Guideline for Owners

The National Institute of Building Sciences (NIBS) is kicking off development of a new guideline to help building owners and their design teams utilize building information modeling (BIM) during the building design, construction and operations process and to better support owners’ performance requirements

Student Housing Development, Construction Costs on the Rise

Over the past few years, there’s been a lot of student housing development activity. So many of the available, truly pedestrian-to-campus locations have already been snapped up. However, despite the scarcity of opportunity sites, investor and industry preference remains for these infill locations so there is a willingness to bid more for the site, resetting land prices with every deal.

More Capital Drives Student Housing Prices

The student housing sector’s solid fundamentals and positive outlook continues to gain the attention of capital sources. Both debt and equity are widely available as traditional sources of capital mix with newly available debt and equity vehicles. More institutional players are active and a lot of foreign capital is coming in through them or directly through joint ventures with local operators. Similarly, well capitalized, large homebuilders and military housing contractors are also entering the space

NCOA and Bank of America Empower Older Adults to Take Control of Their Financial...

The National Council on Aging (NCOA) and the Bank of America Charitable Foundation are teaming up to help older adults improve their financial outlook by connecting them to credit and debt counseling, employment, housing, and other money management tools.

Parks in Oklahoma City and Foshan, China Selected as Winners of the 2015 ULI...

Two urban parks—one in Oklahoma City, the other in Foshan, China—have been selected as winners of this year’s Urban Land Institute (ULI) Urban Open Space Award. Myriad Gardens in Oklahoma City and Thousand Lantern Lake Park System in Foshan, Guangdong, China were honored today at the ULI Fall Meeting in San Francisco.

ULI Announces Winners of the 2015 Jack Kemp Excellence In Affordable And Workforce Housing...

The Urban Land Institute (ULI) Terwilliger Center for Housing has announced the winners of the annual ULI Housing Awards. Winners for both the Jack Kemp Excellence in Affordable and Workforce Housing Award and the Robert C. Larson Workforce Housing Policy Award, selected by jury of renowned housing experts, were honored today at ULI’s Fall Meeting in San Francisco

Secretary of Energy Moniz Cuts Ribbon, Kicks Off Solar Decathlon 2015

Collegiate teams involving hundreds of students from around the world have assembled at the Orange County Great Park in Irvine, Calif., to showcase their highly energy-efficient, solar-powered houses for the U.S. Department of Energy Solar Decathlon 2015. Today’s opening ceremony, headlined by U.S. Secretary of Energy Dr. Ernest Moniz, kicked off the highly anticipated biennial competition that challenges collegiate teams to design, build, and operate houses powered by the sun that are affordable, energy efficient, attractive, and easy to live in

EPA Funding to Help Syracuse Small Business Develop New Green Technology; Advanced Recovery and...

The U.S. Environmental Protection Agency has awarded $100,000 to Advanced Recovery and Recycling, LLC of Onondaga County, New York to continue its development of an efficient technology that recycles circuit board components to reduce electronic waste from going to landfills and incinerators.

Menendez, Booker Applaud Committee Passage of Bill to Expand Access to Low-Interest Federal Disaster...

U.S. Senators Bob Menendez and Cory Booker (both D-N.J.) applauded the unanimous passage today by the Senate Small Business Committee of the Menendez-authored Superstorm Sandy Relief and Disaster Loan Program Improvement Act which would extend, expand and improve access to federal disaster loans through the U.S. Small Business Administration (SBA)

Senate Democrats Urge Commitment from Leader McConnell to Bring Permanent Reauthorization that Fully Funds...

Today, a group of Senate Democratic leaders including U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, sent a letter to Majority Leader Mitch McConnell urging him to schedule consideration of a bipartisan bill that would permanently reauthorize and fully fund the Land and Water Conservation Fund (LWCF).

HUD AWARDS OVER $3.5 MILLION TO ELEVEN ORGANIZTIONS TO FIGHT HOUSING DISCRIMINATION IN NEW...

The U.S. Department of Housing and Urban Development (HUD) announced today that it is awarding over $3.5 million under HUD’s Fair Housing Initiatives Program (FHIP) to eleven organizations in New York State to fight housing discrimination. The funding announced today will benefit fair housing organizations in Buffalo, Syracuse, Rochester, Westchester, Manhattan, Brooklyn, Queens, and Long Island. It is part of a national award totaling over $38 million. See chart below for a listing of grant recipients and read summaries here of the activities these organizations will conduct with the grants.

Congresswoman Matsui Announces U.S. Department of Agriculture Grants to Support Local Foods Infrastructure

Congresswoman Doris Matsui (CA-06) announced that the Sacramento region has received nearly $400,000 from the U.S. Department of Agriculture (USDA) to support local and regional food programs

THOMPSON: USPS LISTS NAPA POST OFFICE FOR SALE, DEMOLITION NOT BEING PERSUED

U.S. Rep. Mike Thompson (CA-5) today announced that the United States Postal Service (USPS) has listed the Historic Franklin Station Post Office in downtown Napa for sale. The property has been placed on multiple real estate listing databases (link is external).

Aumua Announces $11.5 Million Grant for Environmental Projects

Tuesday, Congresswoman Aumua Amata, announced today that the U.S. Environmental Protection Agency (EPA) has awarded a grant in the amount of $11.5 million to American Samoa for environmental protection work.

House Passes Bipartisan Homebuyers Assistance Act, 4 Other Financial Services Bills

The House on Wednesday passed bipartisan legislation to help homebuyers avoid delays and disruptions when closing on their new homes by a vote of 303-121. The bill, the Homebuyers Assistance Act, provides a four-month grace period for businesses that are working in good faith to comply with a new 1,888-page rule from the CFPB that went into effect Oct. 4

ARPA-E Announces $30 Million in Funding for Window Efficiency Technologies

The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) today announced up to $30 million in funding for a new program focused on improving the energy efficiency of commercial and residential buildings. ARPA-E’s Single-pane Highly Insulating Efficient Lucid Designs (SHIELD) program seeks to reduce heat-loss for improved building efficiency by developing innovative materials that are both transparent and insulating to retrofit existing single-pane windows.

New ULI Report, Bay Area In 2015, Suggests Bay Area at Risk of Losing...

A new report from the Urban Land Institute, Bay Area in 2015, suggests that the San Francisco metropolitan region is at risk of losing Millennials in the years ahead, as high housing costs are making them increasingly skeptical about their ability to eventually move into homes in neighborhoods with the high livability attributes they desire.

New Report From ULI Highlights Financial Returns for Real Estate Developers and Owners Who...

As climate change poses greater financial risks to real estate in the form of near-term extreme weather events and longer-term impacts like sea-level rise, developers and owners are increasingly investing in new infrastructure and technologies, innovative design and construction methods as well as other resiliency strategies to not only protect their properties, but to create value for their developments, according to Returns on Resilience: The Business Case, released today by the Urban Land Institute (ULI)

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases