Yearly Archives: 2016
HUD OFFERS $2 MILLION TO HELP STUDENTS IN ASSISTED HOUSING AFFORD COLLEGE AND CONTINUE...
The U.S. Department of Housing and Urban Development (HUD) today announced the agency is making $2 million in grants available to help low-income families and young people apply for federal aid for college and other post-secondary educational opportunities. The funding is being offered through HUD’s longstanding Resident Opportunities and Self Sufficiency (ROSS) Program. The available funding will support ‘Education Navigators’ in up to six Public Housing Agencies (PHAs) across the country.
OBAMA ADMINISTRATION ANNOUNCES NEARLY 50 PERCENT DECLINE IN VETERAN HOMELESSNESS
Statement from MBA President & CEO David H. Stevens on the Consumer Protection Financial Bureau's (CFPB) proposed updates to the TILA-RESPA Integrated Disclosure "Know Before You Owe" rule
Live August 3: White House to Stream Forum on Smart Finance for Disaster Resilience
The National Institute of Building Sciences will participate in the White House Forum on Smart Finance for Disaster Resilience, to be held tomorrow, August 3, in Washington, D.C. The introductory portion of the event will be streamed live by the White House from 8:30 am to 10:30 am ET.
Medford Center Unveils $12M Plan to Add Restaurants, Wine Bars, Breweries and Experiential Retail...
LBG Real Estate Companies, LLC (“LBG”), a Southern California-based investor in retail real estate, announced that plans have been finalized for the redevelopment of Medford Center, a 420,000-square-foot regional entertainment and lifestyle shopping center in Medford, Oregon, which serves Medford, Grants Pass and Ashland area residents as well as the Rogue Valley’s 3.2 million annual visitors. LBG plans to invest over $12 million to create more than 30,000 square feet of experiential retail and restaurant space for a variety of culinary offerings including brewery and wine-based concepts, complemented by the highly successful Cinemark Tinseltown Theater and other retailers in the already 90% occupied Medford Center
Hanley Investment Group Negotiates Sale of Multi-Tenant Retail Pad to Smart & Final Extra!...
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 sale of a 9,167-square-foot multi-tenant retail pad building, which is part of a neighborhood shopping center anchored by Smart & Final Extra! in Upland, Calif. The sale price of $3.9 million, with a cap rate of 5.48%, represented a record low cap rate for a multi-tenant pad over $3.5 million in the trade area.
CHA “Take Flight College Send-Off” trunk party salutes 150 youth headed to college
Some 75 colleges represented, including Michigan, Wisconsin, Arizona State, Colgate, Grambling and Indiana
OBAMA ADMINISTRATION ANNOUNCES NEARLY 50-PERCENT DECLINE IN VETERAN HOMELESSNESS
The U.S. Department of Housing and Urban Development (HUD), U.S. Department of Veterans Affairs (VA), and the U.S. Interagency Council on Homelessness (USICH) today announced the number of veterans experiencing homelessness in the United States has been cut nearly in half since 2010. The data revealed a 17-percent decrease in veteran homelessness between January 2015 and January 2016—quadruple the previous year’s annual decline—and a 47-percent decrease since 2010
The Boulder Group Publishes Net Lease Quick Service Restaurant Research Report
The Boulder Group’s Research Department has released a new research report providing comprehensive numbers and analysis of the activity in the National Net Lease QSR Marke
Hensarling: New Law Modernizes Outdated Housing Rules
House Financial Services Committee Chairman Jeb Hensarling (R-TX) made the following comments after President Obama signed into law H.R. 3700, the Housing Opportunity Through Modernization Act
State Farm and Habitat for Humanity continue partnership in 2016
State Farm today announced it will continue to support Habitat for Humanity in the organization’s work to help families achieve strength, stability and self-reliance through affordable housing. The funding will support youth working with Habitat in communities across the country.
NREL Technique Leads to Improved Perovskite Solar Cells
Scientists at the Energy Department's National Renewable Energy Laboratory (NREL), in collaboration with researchers at Shanghai Jiao Tong University (SJTU), devised a method to improve perovskite solar cells, making them more efficient and reliable with higher reproducibility
NAHB Members Celebrate National Building Systems Week
Members of the National Association of Home Builders (NAHB) Building Systems Councils are celebrating Building Systems Week from August 1 -5. This week-long event aims to educate NAHB members and consumers on the advantages of systems-built homes as opposed to traditional stick building
2017 International Builders’ Show Registration Opens
The National Association of Home Builders (NAHB) officially opened online registration today for the 2017 NAHB International Builders’ Show® (IBS), the largest annual light construction trade show in the world.
Commercial and Residential Property Issues, KERPS, D&O Policies Among Issues to be Discussed at...
ABI’s popular 24th Annual Southwest Bankruptcy Conference will be held Sept. 8-10 at the Four Seasons Las Vegas in Las Vegas. An outstanding faculty of leading judges, noted academics and prominent industry professionals will present workshops on a variety of topics. The conference will feature ABI’s popular Great Debates series and a Judges' Roundtable featuring Q&A with 14 bankruptcy judges.<
Consumers Energy Kicking Off Local National Night Out Activities
Consumers Energy will be joined by local broadcast media, law enforcement officers and governmental officials to host an early morning kick-off Tuesday, Aug. 2, promoting the 33rd Annual National Night Out.
CONSTRUCTION SPENDING DECLINES IN JUNE FOR THIRD CONSECUTIVE MONTH, BUT RESULTS FOR FIRST HALF...
Construction spending decreased in June for the third month in a row but most segments posted solid increases in the first half of 2016 compared to the same period in 2015, according to an analysis by the Associated General Contractors of America. Association officials said spending appears to have leveled off after a strong early start to the year prompted by mild winter weather conditions in many parts of the country
MBA Welcomes 16 New Members
The Mortgage Bankers Association (MBA) announced that in May and June of 2016 it welcomed 16 new regular members to its ranks, which currently numbers more than 2,200 member companies.
Commercial/Multifamily Originations Remain Strong
According to the Mortgage Bankers Association's (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations, second quarter 2016 commercial and multifamily mortgage loan originations were one percent higher than during the same period last year and 17 percent higher than the first quarter of 2016
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage applications decreased 11.2 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending July 22, 2016.
Consumers Stand to Win Big With Proposed ‘Know Before You Owe’ Rule Coming Their...
Since the October 2015 implementation of the Consumer Financial Protection Bureau's ‘Know Before You Owe' mortgage initiative, Realtors® have raised red flags(link is external) over challenges in gaining access to what's known as the mortgage "closing disclosure" form, or CD. The CD is delivered to homebuyers in advance of their closing and contains important financial information related to their purchase.
