Yearly Archives: 2015

On Wednesday, November 18, 2015, the Ohio Housing Finance Agency (OHFA) Board approved more than $23.4 million for affordable housing initiatives across the state of Ohio, including

Statement from Deputy Mayor for Housing and Economic Development Alicia Glen: “We are laser-focused on growing this economy and making sure it works for more New Yorkers. And what we are seeing is tremendous. Jobs are up. Wages are up. More New Yorkers have access to benefits like paid sick leave and a living wage. We’re determined to deepen these trends.”

New Jersey Housing and Mortgage Finance Agency (HMFA) Executive Director Anthony L. Marchetta today announced the award of $31.9 million in federal Low Income Housing Tax Credits (LIHTCs), which will generate $319 million in investment capital to build more than 1,700 rental units across New Jersey

The City of San Diego has released its annual Five-Year Financial Outlook (PDF), which forecasts revenues to modestly improve over the next five years. Mayor Kevin L. Faulconer plans to use these funds to double the City's investment in infrastructure and neighborhood services, such as street repair, over the same period

The Multifamily Production Index (MPI), released today by the National Association of Home Builders (NAHB), increased one point to a level of 56 for the third quarter of 2015. This is the 15th consecutive quarter with a reading of 50 or above.

Should retiring rental property owners be forced to pay millions of dollars to solve a city’s affordable housing problem, merely for the right to close their business? That is the question confronted by a major constitutional case filed today in federal court against the City of Palo Alto by the Jisser family, owners of the Buena Vista Mobilehome Park.

“There are thousands of men, women, and children in our country that go without food or shelter every single day. In marking National Hunger and Homelessness Awareness Week, we must remind ourselves that there is much we can do to provide for homeless individuals across this nation. Those in our country who do not have a home or live in poverty deserve to be treated with dignity and respect

The City of Atlanta announced today that Mayor Kasim Reed participated in McKinsey & Company’s Global Infrastructure Initiative (GII) in San Francisco. The Global Infrastructure Initiative was created as a vehicle to help unlock the recurring infrastructure bottlenecks, explore new frontiers, and drive change in the industry

The Energy and Commerce Committee today unanimously passed S. 611, the Grassroots Rural and Small Community Water Systems Assistance Act – companion legislation to H.R. 2853, a bill introduced by Environment and the Economy Subcommittee Vice Chairman Gregg Harper (R-Miss). The legislation helps smaller and rural communities across the country deal with the technical and financial challenges of regulations under the Safe Drinking Water Act. Often, smaller and rural communities face significant hurdles when it comes to maintaining, replacing, and upgrading their aging drinking and wastewater infrastructure

The National Association of Home Builders (NAHB) has announced the finalists for its 2016 Best of 55+ Housing Awards, the premier design and marketing competition for the 55+ housing industry. A total of 87 entries were chosen as finalists and are eligible for either a gold or silver award from NAHB's 55+ Housing Industry Council, which will be announced at an awards ceremony on Jan. 19, 2016, during the NAHB International Builders’ Show in Las Vegas

The rise of apartment living is changing communities, driving new development and raising the expectations for the amenities and services offered to the 38 million people in the U.S. who call an apartment home. From walkable neighborhoods to on-site fitness classes, package pick-up solutions to online rent payments and more, new data from the largest-ever survey of apartment residents gives a detailed picture of what apartment residents want—and even what they’d expect to pay for it.

The Tennessee Housing Development Agency, Habitat for Humanity of Greater Memphis and Habitat for Humanity International announced a major challenge grant to kick off the fundraising effort for Habitat’s 2016 Jimmy & Rosalynn Carter Work Project in Memphis. THDA will match the first $1 million in donations for the project.

Analysts at the Energy Department's National Renewable Energy Laboratory (NREL) are providing, for the first time, a method for measuring the economic potential of renewable energy across the United States.

The NAIOP Research Foundation has appointed officers for 2015-2016. The officers lead the Board of Trustees for the Foundation, whose mission is to build better communities through practical research and education that advances the quality and makes evident the benefits of commercial real estate development across North America

The Justice Department today filed a lawsuit against the owners and manager of three Michigan apartment complexes – Parkside East Apartments, in East Lansing, Michigan, Holt Manor Apartments in Holt, Michigan, and Kelly Manor Apartments in Owosso, Michigan – for discriminating against families with children.

Congressman Bob Latta (R-Bowling Green) received the U.S. Environmental Protection Agency’s (EPA) release of their initial strategic plan to assess risks associated with algal toxins in public drinking water as required under legislation authored by Rep. Latta, H.R. 212, The Drinking Water Protection Act:

The PTC Elimination Act this week received its 50th cosponsor. The bill, authored by U.S. Congressmen Kenny Marchant (TX-24) and Mike Pompeo (KS-04), would make the tax code simpler, fairer and more competitive through a phase-out and repeal of the renewable energy Production Tax Credit, or PTC.

Mayor de Blasio today announced a new plan to create 15,000 units of supportive housing over the next 15 years. The sweeping plan will target even more New Yorkers in need than previous plans, including homeless veterans, survivors of domestic violence, and street homeless individuals

Auto debt continued its upward climb during the third quarter of 2015, according to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit. Auto loan balances increased for the 18th straight quarter, this time by $39 billion, and stand at $1.05 trillion as of the end of September. The report is based on data from the New York Fed’s Consumer Credit Panel, a nationally representative sample of household credit data drawn from anonymized Equifax credit data.

Active seniors 62+ who want to live in downtown Silver Spring at The Bonifant have the opportunity to pre-qualify November 18-24 and secure their opportunity to apply for an apartment home in the 11-story mixed-income high rise. The $44 million development at 929 Bonifant Street is scheduled to open in early March, right next door to the new Silver Spring Library. It will offer the rare combination of affordability and convenience for residents, in addition to 6,300 square feet of retail space on the first floor.