Laws & Taxes

Laws & Taxes

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
BOMA

BOMA INTERNATIONAL TESTIFIES BEFORE CONGRESS ON 179D

The Building Owners and Managers Association (BOMA) International testified before Congress today on the importance of making permanent and modernizing the Energy Efficient Commercial Building Tax Deduction, commonly referred to as 179D after its U.S. Internal Revenue Code section number. 

Lincoln Institute of Land Policy updates signature property tax resource

The Lincoln Institute of Land Policy has released a comprehensive update of State-by-State Property Tax at a Glance, the most thorough online resource for U.S. property tax information for policy makers, researchers, journalists, the real estate industry, and home owners.
DOI

Secretary Zinke announces $60 million cooperative agreement to promote fishing and boating and $14...

U.S. Secretary of the Interior Ryan Zinke today announced a $60 million cooperative agreement with the Recreational Boating and Fishing Foundation (RBFF) to help retain and recruit recreational anglers and boaters of all ages. Zinke is also announcing $14 million in Boating Infrastructure Grants (BIG), which support water-related outdoor recreation and tourism by improving facilities for large transient recreational boats across the country.

Wyden Statement on Trump Infrastructure Plan

Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement regarding the president’s infrastructure plan: “This is another broken promise to rebuild America’s aging infrastructure. They ignored bipartisan proposals like the one I have with Sen. John Hoeven to responsibly expand infrastructure investment.
ASE

Infrastructure Plan Needs More On Energy Efficiency To Avoid Taxpayers Footing High Energy Costs...

The Alliance to Save Energy released the following statement from President Kateri Callahan in response to the Trump administration’s infrastructure plan released today: “We need to do this the right way up-front, because there’s a real downside to building new things when you have to spend an arm and a leg to run them.

Wyden Secures Priorities for Seniors, Kids, Clean Energy

Senate Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., today cheered the inclusion of several Finance Committee policies he championed as a part of the recently announced budget deal. These include the CHRONIC Care Act, the Family First Act, a further extension of funding for the Children’s Health Insurance Program (CHIP) for four additional years, and critical extenders in the Medicare, Medicaid, health and human services, and tax spaces, including five years of funding for advanced technology tax credits and home visiting programs
Financial Services Committee

House Passes Mortgage Choice Act

On Thursday, the House voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017. This bipartisan legislation, which was sponsored by Rep. Bill Huizenga (R-MI), would preserve consumer choice and help more Americans – especially those with low- and moderate-incomes and first time homebuyers – achieve the dream of homeownership.
Natural Resources

House Passes Bipartisan Bill to Increase Transparency of Utility Rates for American Taxpayers

The House passed H.R. 2371, the “Western Area Power Administration Transparency Act.” Introduced by Subcommittee on Energy and Mineral Resources Chairman Rep. Paul Gosar (R-AZ), the bill establishes a pilot project to increase the transparency of the Western Area Power Administration’s (WAPA) costs, rates, and other financial and operational dealings for utility ratepayers and taxpayers.
Discrimination

How Workplace Discrimination Impacts Employees

According to the Enforcement and Litigation Data report for fiscal 2016, released by the US Equal Employment Opportunity Commission (EEOC) on January 18, 2017, the EEOC received 91,503 charges of workplace discrimination in 2016. Out of all the workplace discrimination charges

Lawyers’ Committee for Civil Rights Under Law Blasts U.S. Department of Housing and Urban...

Kristen Clarke, president and executive director of the Lawyers’ Committee for Civil Rights Under Law, issued the following statement Friday regarding the U.S. Department of Housing and Urban Development’s (HUD) decision to postpone the implementation of the Affirmatively Furthering Fair Housing (AFFH) rule until October 2020.

Business Real Estate Press Releases

Westminster CO

Hanley Investment Group Arranges Sale of New Dunkin’ Donuts and Bank...

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 has completed the sale of a new construction, freestanding, multi-tenant retail building at 13591 Huron Street in Westminster, Colorado.

Recent Gov & Nonprofit Real Estate Press Releases

Kathy Kraninger Unfit to be Top Consumer Watchdog, Senate Panel Should...

Kathy Kraninger, the current Office of Management and Budget (OMB) Associate Director and President Donald Trump’s nominee for Director of the Consumer Financial Protection Bureau (CFPB), is scheduled to have her nomination hearing tomorrow before the Senate Committee on Banking, Housing, and Urban Affairs.