Archives

Palestinians Intervene to Sue Settlers in Airbnb Lawsuit

Palestinian landowners and West Bank residents filed to intervene in a lawsuit against Airbnb over the booking platform’s decision to remove listings for Israeli settlements in the West Bank in the occupied Palestinian territory. Dual Israeli-U.S. citizen settlers whose listings are to be removed and potential renters filed the original lawsuit against Airbnb, claiming discrimination.
HUD - U.S. Department of Housing and Urban Development

SECRETARY CARSON TO LEAD WHITE HOUSE OPPORTUNITY AND REVITALIZATION COUNCIL

President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.
Center for American Progress

75 Homes in West Baltimore Community to be Renovated While Remaining Affordable

Enterprise Homes and the Housing Authority of Baltimore City (HABC) have closed on financing to renovate 75 apartment homes comprising the rental component of the Heritage Crossing community in West Baltimore. All its rental homes will be renovated while remaining affordable.

Why You Need To Hire A Real Estate Lawyer

Real estate transactions need to be done a certain way. These transactions involve thousands to millions of dollars. In order to safeguard yourself, it is important to have an attorney working with you during any real estate transactions you do. Reputable easement lawyers like the ones found at www.kassounilaw.com can play a crucial role in your dealings. Below are some of the top reasons to hire a real estate lawyer.
MBA

MBA’s Broeksmit Comments On FHA’s Annual Report to Congress

Robert D. Broeksmit, CMB, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement regarding the U.S. Department of Housing and Urban Development's (HUD) Annual Report to Congress Regarding the Financial Status of the FHA Mutual Mortgage Insurance Fund

The National Fair Housing Alliance Condemns Hate Crimes and Calls on President Trump to...

The National Fair Housing Alliance shares our deepest condolences with the people and families affected by the recent shootings in Louisville, Kentucky and Pittsburgh, Pennsylvania. Also at a time of national tragedy, the Fair Housing Act was passed seven days after the death of Martin Luther King Jr.  The Act was not just a law.

McMorris Rodgers Statement on Water Infrastructure

President Trump signed the America’s Water Infrastructure Act of 2018 into law. This water infrastructure legislation will benefit the nation’s dams, ports, and waterways. It includes several provisions championed by House Republican Conference Chair Cathy McMorris Rodgers, including her sixth bipartisan bill to be signed into law this Congress.
Financial Services Committee

Hensarling: Taxpayers Deserve Far Better

Financial Services Committee Jeb Hensarling (R-TX) released the following statement after the Federal Housing Finance Agency (FHFA) Office of Inspector General (OIG) issued a report on the potential management and performance challenges of 2019
NLIHC

New Report on Preservation & Neighborhood Opportunity in the Low-Income Housing Tax Credit Program

The National Low Income Housing Coalition and the Public and Affordable Housing Research Corporation (PAHRC), both leaders in affordable housing research, released a new report today, Balancing Priorities: Preservation and Neighborhood Opportunity in the Low-Income Housing Tax Credit Program Beyond Year 30.
Enterprise Community Partners

Freddie Mac Reenters Low-Income Housing Tax Credit Market Via Fund with Enterprise

Freddie Mac announced today it has closed its first Low-Income Housing Tax Credit (LIHTC) Fund with Enterprise Community Investment, Inc. and its first equity investment within that fund. The closing marks Freddie’s re-entry to the LIHTC (or Housing Credit) market, which finances the overwhelming majority of the country’s affordable rental housing.
ABC National

ABC Highlights Economic Benefits of Tax Reform on Small Businesses in Congressional Testimony

Larry Lopez, president and chief executive officer of Green JobWorks, Baltimore, and chairman of Associated Builders and Contractor’s Diversity Committee, testifiedtoday before the U.S. House of Representatives Subcommittee on Economic Growth
NLIHC

Middle Income Housing Tax Credit Proposal a Misguided and Wasteful Use of Federal Resources

The National Low Income Housing Coalition (NLIHC) welcomes an elevated discussion and proposed solutions to the nation’s affordable rental housing crisis. While NLIHC is pleased to have Senator Ron Wyden (D-OR) prioritizing solutions to the affordable housing crisis
Ilinois.gov

New law cuts red tape for real estate professionals, businesses; takes additional bill...

Gov. Bruce Rauner today signed legislation to reduce burdensome licensing requirements for real estate businesses. The new licensing program is expected to save the state money by reducing a duplicative and unnecessary licensure structure that provides no benefit to the public and discourages business creation and growth.

Property Tax Bills Mailed This Week

The New Hanover County Tax Department will begin mailing real estate tax bills to property owners later this week. Personal property tax bills will be mailed by the end of August. Property taxes are due on September 1, 2018 but can be paid without interest until January 7, 2019.
Appraisal Institute

Appraisal Institute Opposes Effort to Reduce Risk Management for SBA Loans

The nation’s largest professional association of real estate appraisers today announced its opposition to proposed federal legislation that would reduce the requirements for appraisals in major Small Business Administration loan programs.

New Report: Chicago Aldermen Wield Unchecked Power to Systemically Block Affordable Housing

In a decades-long practice that has systemically preserved racial segregation across Chicago communities, aldermen calculatingly use their aldermanic prerogative to block affordable housing developments, according to a new report released today by the Chicago Area Fair Housing Alliance and the Sargent Shriver National Center on Poverty Law

2.5 Million Homes, Businesses Totaling $1 Trillion Threatened by High Tide Flooding

Accelerating sea level rise in the lower 48 states, primarily driven by climate change, is projected to worsen tidal flooding, putting as many as 311,000 coastal homes with a collective market value of about $117.5 billion today at risk of chronic flooding within the next 30 years—the lifespan of a typical mortgage

NEW YORK STATE OFFICE OF MENTAL HEALTH ANNOUNCES AVAILABILITY OF $75,000 IN FUNDING FOR...

The New York State Office of Mental Health (OMH) today announced the availability of up to $75,000 in grant funding for projects that help reduce the stigma often associated with mental illness.

Proposed Cuts to Affordable Housing Would Increase Homelessness & Poverty in America

Everyone should have access to safe, affordable housing. It’s crucial for children to grow up healthy, for parents to pursue work and education, and for families and individuals to achieve economic security. Though greatly underfunded, federal housing assistance programs help millions of low-income people throughout the country keep roofs over their head each month.
ULI

Outlook for Real Estate Industry for Rest of 2018 is Promising, Says Latest ULI...

The U.S. real estate industry is, in general, expected to be stronger than previously anticipated through 2018, according to the latest economic forecast from the Urban Land Institute’s (ULI) Center for Capital Markets and Real Estate

Business Real Estate Press Releases

Top Tips For Buying Your First Home

Buying your first home can be stressful, but it doesn’t have to be. While moving home can be a whirlwind, with a good understanding of the process and what documents you need to be completed by what stage of the moving process, you can rest assured that your move will go to plan. In order to make buying your first home easier for you, we've put together some of our top tips.

Recent Gov & Nonprofit Real Estate Press Releases

Housing Partnership Network

Housing Partnership Fund Awarded $2.25M from CDFI Fund

Last week, 15 of Housing Partnership Network’s (HPN) social-mission driven affordable housing members and HPN’s own Community Development Financial Institution (CDFI), Housing Partnership Fund