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AGC

CONSTRUCTION OFFICIAL URGES SENATORS TO PASS MEASURE TO PROTECT LEGAL STATUS OF OVER 100,000...

National
Construction Association Head Says Senate Must Pass Immigration Measure that Avoids Significant Disruptions to Construction Projects in Regions with Big TPS & Dreamer Populations. The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement
The National Association of Affordable Housing Lenders (NAAHL)

NAAHL Explores What’s Next for Neighborhood Finance at Annual Conference

National
National Association of Affordable Housing Lenders (NAAHL) will host its annual Policy and Practice conference at the National Press Club in Washington, DC. Housing industry leaders and policy makers from banks
NAHB

Nearly 700 Builders Shine a Spotlight on Housing Affordability in Hill Visits

National
Nearly 700 builders from across the nation converged on Capitol Hill today for the National Association of Home Builders (NAHB) 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality
NAR

Realtors® Join with VA to Commemorate 24 Millionth Loan, 75th Anniversary of GI Bill

National
This morning, at the National Press Club in Washington, D.C., the Department of Veterans Affairs welcomed more than 100 industry stakeholders and governments officials to commemorate the 75th Anniversary of the GI Bill.
EPA

Three Communities in Mississippi to Receive Brownfield Grants to Address Contaminated Properties

Mississippi
The U.S. Environmental Protection Agency (EPA) selected 149 communities across the country including three in Mississippi to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties
MBA

Mortgage Applications Increase in Latest MBA Weekly Survey

National
Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2019.
MBA

MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial...

National
Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate (LIBOR), but there is little uniformity when it comes to the details, according to the results of a new survey by the Mortgage Bankers Association's (MBA)
NHC

National Housing Conference Statement on the Affordable Housing Credit Improvement Act of 2019

National
The National Housing Conference (NHC) applauds Senators Maria Cantwell (D-Washington), Johnny Isakson (R-Georgia), Ron Wyden (D-Oregon), and Todd Young (R-Indiana), and Representatives Suzan DelBene (D-Washington), Kenny Marchant (R-Texas)
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
ABC National

Modest Increase in Nonresidential Spending in April, says ABC

National
According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 0.3% in April, totaling $792.6 billion on a seasonally adjusted annualized basis, which is a 6.4% increase compared to the same time last year.
Congresswoman Eleanor Holmes Norton

Norton Celebrates Historic Home-Rule Victories in D.C. Spending Bill, Removal of D.C. Riders and...

National
Congresswoman Eleanor Holmes Norton (D-DC) announced that the House’s fiscal year (FY) 20 District of Columbia Appropriations bill, released last night, contains most of her top policy and funding priorities.  Among others, the bill contains no anti-home-rule riders, no congressional appropriation of local funds
18021_Anaheim_White_House

KTGY Architecture + Planning Receives 2019 Gold Nugget Award Honors

National
Judges for the 2019 Gold Nugget Awards have recognized international award-winning firm KTGY Architecture + Planning at its annual competition in 10 different award categories and 11 awards. The award program honors architectural design
Habitat

Luxury Bath Technologies and Habitat for Humanity enter national partnership

National
Luxury Bath Technologies, a manufacturer of acrylic bathroom renovation products and accessories, has entered into a new partnership with Habitat for Humanity International. The company is donating up to $250,000 in bath products to be used to help complete Habitat homes across the United States
Merri Jo Cowen - headshot

My Florida Regional MLS Becomes Stellar MLS

My Florida Regional MLS, the nation’s third-largest Multiple Listing Service, officially becomes Stellar MLS today and will also debut its new site, StellarMLS.com. Introducing a “curated customer journey” for each of its nearly 60,000
Rockford

Hanley Investment Group Completes Sale of Multi-Tenant Retail Pad Building at Walmart Supercenter in...

National
Hanley Investment Group Real Estate Advisors, a nationally recognized real estate brokerage and advisory firm specializing in retail property sales, announced today that Vice President Jeff Lefko and Executive Vice President Bill Asher have arranged the sale of a multi-tenant, pad building shadow-anchored by Walmart Supercenter in Rockford, Ill. The 9,000-square-foot pad building is occupied by Aspen Dental, Sleep Number and FASTSIGNS.
EPA

EPA Issues Memo to Increase the Agency’s Compliance with Clean Water Act Deadlines

National
The U.S. Environmental Protection Agency (EPA) is taking an important step toward ensuring the Agency is meeting its statutory obligations and carrying out the cooperative federalism principles embodied in the Clean Water Act (CWA).
NAHB

Builders Call on Congress to Address Housing Affordability Challenges

National
As the National Association of Home Builders (NAHB) celebrates National Homeownership Month in June, builders are urging Congress to address America’s housing affordability challenges. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way
USDA

USDA Celebrates National Homeownership Month

National
Acting Assistant to the Secretary for Rural Development Joel Baxley today kicked off National Homeownership Month by highlighting USDA’s ongoing role to help residents of America’s small towns and cities purchase homes in rural areas.

BLM ALASKA SEEKS PUBLIC INPUT ON ENVIRONMENTAL ASSESSMENT OF GROUNDWATER MONITORING WELL

National
The Bureau of Land Management Anchorage Field Office is seeking public comments on a Draft Environmental Assessment of a proposed groundwater monitoring well to be drilled on the BLM Campbell Tract.  The comment deadline is June 14, 2019
USDOJ

USDA Announces Loans to Improve Rural Electric Infrastructure and Upgrade Energy Efficiency

National
Acting Assistant to the Secretary for Rural Development Joel Baxley today announced that USDA is providing $858 million in loans to upgrade rural electric systems in 17 states

U.S. National


National REIA

Real Estate Investors “Improve Neighborhoods One Home at a Time” Affirm Their Support of...

National
During their annual meeting in Louisville, KY, the National Real Estate Investors Association (National REIA) reaffirmed their commitment to American Housing Month (June)

New Federal Standard to Improve Safety of High Chairs Takes Effect

National
The U.S. Consumer Product Safety Commission (CPSC) approved a new federal mandatory safety standard to make high chairs safer for both home and restaurant use.
AGC

CONTRACTORS NEED NOT APPLY: ADMINISTRATION’S NEW APPRENTICESHIP PROPOSAL FAILS TO ADDRESS GROWING CONSTRUCTION INDUSTRY...

National
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement in response to the release of the Department of Labor
ASE

House Passes Robust Funding For DOE’s Energy Efficiency Programs

National
The Alliance to Save Energy released the following statement from President Jason Hartke after the U.S. House passed a ‘minibus’ spending bill including increased funding for energy efficiency programs in the Department of Energy
McCormick Construction

Appraisal Institute Urges Congress to Address Valuation Issues

National
The president of the Appraisal Institute, the nation’s largest professional association of real estate appraisers, encouraged Congress to act on valuation topics during today’s hearing on Capitol Hill.
Chipotle_Firehouse

Hanley Investment Group Arranges Sale of Two-Tenant Retail Property at Zinfandel Crossings in Sacramento...

National
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 second transaction in the
MLSGRiD

MLS Grid Earns Innovator Award Finalist Selection

National
MLS Grid, the real estate industry collaborative of multiple listing services (MLSs) providing an easy way to deliver standardized data, has earned a coveted spot as a “2019 Inman Innovator Award” finalist.

FERC’s Dispute Resolution Service Gets New Home

National
Federal Energy Regulatory Commission Chairman Neil Chatterjee today announced a new home for FERC’s Dispute Resolution Service (DRS) in the Office of the General Counsel (OGC). “This move to OGC will give DRS higher visibility, an expansion of opportunities to use dispute resolution and more effective
DOI

Vice President Pence and Secretary Bernhardt Highlight the Need for Bipartisan Fix to National...

National
Vice President Mike Pence and U.S. Secretary of the Interior David Bernhardt visited Yellowstone National Park to renew the Trump Administration’s call for bipartisan legislation to fix infrastructure at National Parks
Ginnie Mae

Ginnie Mae MBS Outstanding Increases to $2.068 Trillion

National
Ginnie Mae today announced that issuance of its mortgage-backed securities (MBS) totaled $39.829 billion in May. A breakdown of May issuance includes $38.571 billion of Ginnie Mae II MBS and $1.517 billion
NAR

National Association of Realtors® Applauds House Efforts to Advance NFIP Reforms

National
John Smaby, President of the National Association of Realtors®, issued the following statement after the House Financial Services Committee voted Wednesday evening to advance the National Flood Insurance Program Reauthorization Act of 2019

Chicago Nonprofit Affordable Housing Developer Continues its Expansion in City & Suburbs

National
Only a month after expanding its footprint through the acquisition of affordable apartment buildings from the YMCA in Chicago and Harvey, IL, Preservation of Affordable Housing (POAH) announced today it is extending its reach by acquiring four

Why Home Equity Lines of Credit are Better than Reverse Mortgages

National
Home equity lines of credit and reverse mortgages have many similar features. Overall, however, a home equity line of credit (HELOC) offers a more versatile and advantageous way for home owners to access funds based on equity.

Read NRMLA’s Statement to USA Today

National
On June 13, NRMLA President and CEO Peter Bell submitted the following statement to USA Today in response to the investigative series of articles on HECM foreclosures written by reporters Nick Penzenstadler and Jeff Kelly Lowenstein.
ABC National

ABC’s Construction Backlog Indicator Contracts in April

National
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.7 months in April 2019, down 0.8 months or 9% since March, when CBI stood at 9.5 months.
MBA

May New Home Purchase Mortgage Applications Increased 20.1 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for May 2019 shows mortgage applications for new home purchases increased 20.1 percent compared from a year ago. Compared to April 2019, applications increased by 0.1 percent.
MBA

MBA’s Krystal Thomas and Andrea Oh Presented with Women in Housing Finance, Inc.’s 40...

National
The Mortgage Bankers Association's (MBA) Krystal Thomas, Government Program Specialist, and Andrea Oh, Policy Advisor, were recognized by Women in Housing and Finance, Inc. (WHF) as a 2019 winner of its WHF 40 under 40 award.
NAHB

Builder Confidence Solid in June Amidst Growing Economic Uncertainty

National
Builder confidence in the market for newly-built single-family homes fell two points to 64 in June, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today.
Enterprise Community Partners

Brian McLaughlin to lead Enterprise Community Development, one of the nation’s largest owners of...

National
Brian McLaughlin has been named president and CEO of Enterprise Community Development (ECD), a new organization that brings together two of the Mid-Atlantic’s leading developers and managers of affordable, well-designed homes: Community Preservation
ABC National

Construction Input Prices See Slight Increase in May, says ABC

National
June 11—Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today

U.S. States


Woman Arrested for Defrauding Homeless Individuals and a Nonprofit Serving the Homeless

California
SACRAMENTO, Calif. — (RealEstateRama) — Sherwana Lynn Marcus, also known as Sherwana Granderson and Sherwana Santana, 47, was arrested today on a 36-count federal...

CSD Awards $4.4 Million for California’s First Low-Income Community Solar Projects

California
The California Department of Community Services and Development (CSD) today announced final awards totaling $4.4 million to GRID Alternatives for two Community Solar Pilot projects in Contra Costa and Riverside Counties.
NLCHP

Los Angeles Homeless Services Authority (LAHSA) Adopts New Guiding Principles and Practices for Unsheltered...

California
On February 28, the Los Angeles Homeless Services Authority (LAHSA) adopted new policy that calls for decriminalizing life-sustaining survival actions of the more than 40,000 Los Angelenos who are experiencing unsheltered homelessness
EPA

Three Communities in Mississippi to Receive Brownfield Grants to Address Contaminated Properties

Mississippi
The U.S. Environmental Protection Agency (EPA) selected 149 communities across the country including three in Mississippi to receive funding for brownfield site revitalization to help local governments redevelop vacant and unused properties
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
Merri Jo Cowen - headshot

My Florida Regional MLS Becomes Stellar MLS

My Florida Regional MLS, the nation’s third-largest Multiple Listing Service, officially becomes Stellar MLS today and will also debut its new site, StellarMLS.com. Introducing a “curated customer journey” for each of its nearly 60,000

$50 MILLION FOR WHITEHOUSE’S COASTAL RESILIENCY FUND INCLUDED IN DISASTER RELIEF BILL

Rhode Island
U.S. Senator Sheldon Whitehouse today announced that the disaster relief bill passed by the Senate yesterday evening includes $50 million for the National Coastal Resilience Fund to restore and strengthen the natural infrastructure that protects coastal communities while safeguarding wildlife habitats.

San Francisco 49ers Partners with Operation HOPE to Empower Bay Area Communities with Financial...

California
Operation HOPE and the San Francisco 49ers announced today a partnership to bring credit and money management coaching and education to underserved Bay Area communities at no cost to participants. The 49ers is the first team to offer the HOPE Inside program as part of the National Football
getting security deposit back

How to Get Your Apartment Security Deposit Back

Texas
If your a renter, then you surely are aware that almost all apartments will require a security deposit when you move in your new rental. This is not to be used as an administration fee,  or to pay your rent. In fact, if you follow the terms of your apartment
SEIA

Solar Industry Urges Gov. Abbott to Extend Tax Abatement Program

Texas
The solar industry voiced support for the Texas House of Representatives for passing a 10-year extension of Chapter 312, a section of tax code that enables property tax abatements for companies bringing new investment and jobs to Texas. The legislature sent this tax abatement extension that includes renewable energy provisions to Governor Abbott for signature
DOI

Secretary Bernhardt Announces $106.8 Million for Recreation, Wildfire, Other Public Lands Projects in Nevada...

California
U.S. Secretary of the Interior David L. Bernhardt announced the commitment of more than $106.8 million to support 47 public lands projects throughout Nevada and the California side of the Lake Tahoe Basin. These projects, which encompass a broad range of recreation improvements, wildlife habitat conservation
FEMA

FEMA Awards More Than $1.2M in Public Assistance Grants

Florida
FEMA has approved $1,259,146 to the State of Florida to assist 14 eligible applicants with reimbursement for eligible costs of debris removal, emergency protective measures, temporary facilities and permanent repairs for Hurricane Michael under FEMA’s Public Assistance Program.
FEMA

Storm Drain Project To Protect Homes From Flooding

Arizona
The Federal Emergency Management Agency (FEMA) granted $1.6 million to the City of Phoenix for storm drain improvements to increase flood protection for 29 area homes. The Palm Lane Storm Drain Project, north of Phoenix’s Sky Harbor Airport
Monaghan Communications

Hanley Investment Group Arranges Sale of Two-Tenant Starbucks and QDOBA Retail Property in Sioux...

Iowa
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 arranged the sale of a two-tenant retail building occupied by a Starbucks with a drive-thru and QDOBA Mexican Eats at 2301-2303 Hamilton Boulevard in Sioux City, Iowa.
SEC

SEC Seeks Emergency Relief to Halt Prominent New York Developer’s Ponzi-Like Real Estate Investment...

New York
The Securities and Exchange Commission filed an emergency action charging Robert C. Morgan, a New York residential and commercial real estate developer, and two of his entities, Morgan Mezzanine Fund Manager LLC and Morgan Acquisitions, LLC, with fraud for siphoning and misusing investor funds. In its action
EPA

Florida to Receive $419,000 from EPA for Beach Water Quality Monitoring

Florida
As the nation heads into the summer beach season, the U.S. Environmental Protection Agency (EPA) has begun awarding up to $9.24 million across 39 states, territories and tribes to develop and implement beach monitoring and notification programs. Upon meeting the eligibility requirements, Florida will receive $419,000.
HUD - U.S. Department of Housing and Urban Development

HUD ANNOUNCES AGREEMENT RESOLVING DISCRIMINATION ALLEGATIONS INVOLVING CALIFORNIA PROPERTY MANAGEMENT COMPANY

California
The U.S. Department of Housing and Urban Development (HUD) today announced a fair housing agreement between a San Diego-area property management company and a family with a child who has a respiratory disability.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers

BLM TERMINATING LAND USE PLAN DEVELOPMENT IN NORTHWEST CALIFORNIA

California
The Bureau of Land Management is terminating development of a new resource management plan for public lands managed by the Arcata and Redding field offices in northwest California.
Vista Village_1

CBRE’s Philip D. Voorhees and NRP-West Team Complete Sale of Vista Village in Vista,...

California
CBRE Vice Chairman Philip D. Voorhees announced today that the National Retail Partners-West (NRP-West) completed the sale of Vista Village in North County San Diego, Calif.

Popular


DOI

$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving

National
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
FEMA

Port Aransas ready for return of summer tourism

Texas
Texas SandFest drew a record 35,000 people April 26-28, encouraging business owners that Port Aransas is on its way to recovery. With nearly all the city’s retailers and restaurants re-opened, residents are beginning to feel like things are getting back to normal.
OJO Labs - Eight Major Awards

OJO Labs: Five Months, Eight Major Awards

National
OJO Labs, a leading-edge technology company on a mission to empower consumer decision-making through its conversational AI assistant, OJO, won the highly coveted 2019 A-List Award among mid-sized companies from the Austin Chamber of Commerce in partnership with SXSW
Property on Airbnb

Should I Rent Out my Property on Airbnb?

National
Listing property on Airbnb has become a popular way to make extra money, meet new people, and provide some freedom, but there are a few key things to think about when you are considering listing your property. It is key to know what you’re getting yourself into.
Rockefeller Foundation

The Rockefeller Foundation Launches $5.5 Million Opportunity Zone Community Capacity Building Initiative for Select...

National
The Rockefeller Foundation today announced an initiative to help U.S. cities attract responsible private investment in economically-distressed communities through Opportunity Zones created in the 2017 Tax Cuts and Jobs Act. This effort will help ensure new investment delivers sustainable benefits for more than 30 million low-income Americans living in Opportunity Zones
PaulineWeaver

Eden Housing and City of Fremont Celebrate Grand Opening of KTGY-Designed Affordable Senior Housing...

National
Pauline Weaver Senior Apartments is located in the Warms Springs area of Alameda County and features 90 apartment homes for very low and extremely low-income seniors, near I-880 freeway, BART, shopping, services and other amenities.
VA

VA’s Home Loan Guaranty program notifies Veterans of potential loan fee waivers

National
The U.S. Department of Veterans Affairs (VA) announced May 13 that Veterans who qualify for a VA Home Loan funding fee waiver are now being notified in their home loan eligibility certificate and disability compensation award letter.
Merri Jo Cowen - headshot

A Stellar Idea: My Florida Regional MLS Reimagines the Multiple Listing Service

The nation's third-largest Multiple Listing Service, My Florida Regional MLS, will become Stellar MLS on June 4, 2019, in a move that totally reimagines the MLS. Currently serving 58,000 customers
HUD - U.S. Department of Housing and Urban Development

NATIONAL ASSOCIATION OF HOME BUILDERS TO CO-HOST HUD INNOVATIVE HOUSING SHOWCASE

National
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the National Association of Home Builders (NAHB) will co-host the Department's inaugural "Innovative Housing Showcase." The Innovative Housing Showcase will be held on the National Mall June 1-5, 2019

Department of the Interior: Yakima Water Plan Is a “Model” and “Holistic”

Yesterday, U.S. Senator Maria Cantwell (D-Wash.), ranking member of the Senate Energy and Natural Resources Committee, asked the Department of the Interior about its commitment to the Yakima River Basin during a hearing on the president’s FY 2017 budget request. Deputy Secretary of the Interior Michael Connor agreed with Sen. Cantwell that the Yakima River Basin plan “is a model for the rest of the nation in water management.”

Energy Costs to Cook Thanksgiving Meal Up to 25% Lower in 2015

“Consumers Energy is thankful to be a part of holiday celebrations across the state as warm Thanksgiving memories are being made, and we are committed to providing many more generations of Michigan families with reliable, affordable energy in all seasons,” said Garrick Rochow, Consumers Energy’s vice president and chief customer officer

Agencies Issue Final Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements

WASHINGTON, D.C. - December 13, 2013 - (RealEstateRama) -- Six federal financial regulatory agencies today issued a final rule that creates exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The exemptions are intended to save borrowers time and money while still ensuring that the loans are financially sound

Department Enters into Consent Order with Equity Loans, LLC and its owners Eduardo Gutierrez...

Atlanta, Georgia - November 13, 2013 - (RealEstateRama) -- the Georgia Department of Banking and Finance (“Department”) entered into a Consent Order with Equity Loans, LLC, License Number 23300, located at 1150 Hammond Dr., Building E, Suite 650, Atlanta, Georgia 30328, to resolve allegations pertaining to violations of the Georgia Residential Mortgage Act

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