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Affordable Housing Demand will Boost the Indian Housing Market

The housing industry in India has experienced upward movement even in the tough global economic conditions. The main reason for growth is the rising number of low and mid-income group in the country’s Tier I, II and III cities. These households have the potential to make investments in the affordable houses as their purchasing power meet the value of average affordable homes.

Mayor Lee’s Statement On Board Of Supervisors Budget & Finance Committee Unanimous Approval Of City’s Two-Year Budget

Mayor Edwin M. Lee issued the following statement regarding the Board of Supervisors Budget and Finance Committee on voting unanimously to support a historic record of additional investments –with $25 million specifically targeted for the further production of permanently affordable housing Citywide – in the City’s two-year balanced budget for Fiscal Year 2015-16 and 2016-17

OPIC to Support 20 MW Jamaican Solar Energy Facility

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed a financing agreement with Content Solar Ltd., solidifying a $47 million OPIC loan to support a 20 megawatt grid-connected solar photovoltaic facility in Clarendon, Jamaica. The project is being developed by Tampa, Fla.-based WRB Enterprises (WRB).

As the Chinese Mainland’s Real Estate Markets Slowly Recover, Investors are Cautiously Optimistic About Investment and Development Prospects, Says ULI Survey

Investors are cautiously optimistic about investment and development prospects in the Chinese Mainland’s Tier 1 and leading Tier 2 cities as well as those located in economically prosperous coastal regions, as demand for new housing and office space rises with the country’s burgeoning high-tech industry and the expansion of high-speed rail lines and subway infrastructure, according to Chinese Mainland Real Estate Markets 2015, released today by the Urban Land Institute (ULI).

Community Organizations Hold Delaware Reinvestment Summit in Wilmington

On Tuesday, June 16, the National Community Reinvestment Coalition (NCRC) and other community groups hosted a statewide summit in Wilmington on community reinvestment in Delaware. Community-based organizations, financial institutions, and public officials from across the state gathered at the Delaware Reinvestment Summit to address some of Delaware's biggest economic challenges

Latest Energy Efficiency Standards Unite Diverse Interest Groups To Strengthen Economy And Achieve More Secure Energy Future

“New standards announced by the Commercial Package Air Conditioners and Commercial Warm Air Furnaces Working Group are the most recent example of the capacity for energy efficiency to unify industry representatives, community advocates and diverse political perspectives to create meaningful recommendations with a significant impact.

Highway Funds Would Spur Foreign Investment in U.S. Real Estate

NMHC/NAA this week joined our real estate partners in urging Congress to reduce the barriers of the Foreign Investment in Real Property Tax Act (FIRPTA) on foreigners investing in U.S. real estate as they consider extending highway funding beyond July. Specifically, because FIRPTA relief would spur billions of dollars in infrastructure spending, it would be a natural fit for legislation designed to finance a long-term reauthorization of highway spending.

Obama Administration Announces More Than $4 Billion in Private Sector Commitments and Executive Actions to Scale up Investment in Clean Energy Innovation

Taking Action to Cut Carbon Pollution and Grow the Economy through the Administration’s Clean Energy Investment Initiative While Doubling Initial Goal of $2 Billion

MBA Welcomes 21 New Members

the Mortgage Bankers Association (MBA) announced that in April and May it welcomed 21 new regular members to its ranks, which currently numbers more than 2,200 member companies.

MacArthur Impact Investments Help Advance Energy Efficiency Financing for Multifamily Housing

MacArthur today announced its progress and plans for $31 million in impact investments to advance innovative energy efficiency financing specifically designed for multifamily housing

USDA Seeks Applications for Grants to Provide Development Support to Rural Cooperatives

Agriculture Secretary Tom Vilsack today announced that USDA is accepting applications for grants to help rural cooperatives develop new markets for their products and services. USDA is making the grants available to non-profit corporations and institutions of higher education through the Rural Cooperative Development Grant (RCDG) program.

USDA Invests $6.7 Million in 544 Renewable Energy and Energy Efficiency Projects Nationwide

Secretary Vilsack made the announcement during a visit to the Snake River Brewing Company, in Jackson, Wyo. The company received a $13,810 USDA Rural Development Rural Energy for America Program (REAP) grant to install a solar panel to generate energy for the business.

New AmeriCorps Project to Reduce Homelessness and Expand Economic Opportunity in Salt Lake County

The Corporation for National and Community Service (CNCS), the federal agency that administers AmeriCorps, today announced that Salt Lake County will be one of 10 communities nationwide to become part of the agency’s new Operation AmeriCorps initiative.

GRESB Launches Survey for Real Estate Debt Funds

GRESB, the leading global standard for portfolio-level sustainability assessments in real estate, today released the 2015 GRESB Debt Survey. Serving real estate equity investors with ESG data since its launch in 2009, GRESB will now also assist institutional investors in real estate debt. The debt assessment will apply a standardized reporting framework, enabling investors to extend ESG integration to their real estate debt investments

GOLDMAN SACHS TARGETS $1 BILLION RENEWABLE ENERGY BOND ARRANGEMENT TO EXPAND CLEAN ENERGY IN JAPAN

The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will target $1 billion of renewable energy bond arrangements to expand clean energy in Japan

DelBene: Research Should Be Driven by Science, Not Ideology

Congresswoman Suzan DelBene (WA-01) today opposed a bill that would restrict government investments in science, technology and innovation based on partisan ideology. The bill makes specific cuts to programs designed to combat climate change, promote energy efficiency and spur renewable energy research and development

Cantwell: Increasing Energy Workforce, Infrastructure Investment Should Be Our Priorities

Today, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, discussed her energy workforce bill and urged consideration of carbon reduction technologies. She also raised concerns with existing coal leasing policies, which fail to ensure a fair return to taxpayers or account for carbon pollution.

Workers in Sacramento’s retail, service and health care industry are just a few of the new residents who live at Cannery Place Apartments which officially opened today as the first housing development completed at Township Nine in the River District.

The Office of the Comptroller of the Currency (OCC) today published the latest edition of its Community Developments Investments electronic newsletter entitled "Small Multifamily Rental Property Financing.”

Fannie Mae Prices $1.04 Billion Multifamily DUS REMIC (FNA 2015-M8) Under Its GeMS Program

Fannie Mae (FNMA/OTC) priced its fifth Multifamily DUS® REMIC in 2015 totaling $1.04 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on May 12, 2015.

Commercial Market Continues Recovery, Says NAR Chief Economist

While the commercial market still faces its share of challenges, Realtors® specializing in commercial real estate expressed confidence in the marked improvement seen in the market over the last year at a commercial economic issues and trends forum at the REALTORS® Legislative Meetings & Trade Expo.