Yearly Archives: 2017

Mercy Housing

LARGEST LOCAL REAL ESTATE FIRM LAUNCHES “HOME FOR THE HOLIDAYS” FUND

During the season of giving, Your Castle Real Estate is proud to announce their new “Home for the Holidays” fund to benefit Denverites with barriers to housing. Your Castle founder Lon Welsh and president Charles Roberts are kicking off the fund with a $15,000 donation to Mercy Housing, a local nonprofit that provides affordable housing and self-sufficiency programs.
NLIHC

Statement by National Low Income Housing Coalition President and CEO Diane Yentel —Congress Should...

The emergency relief bill, passed by the House today, is an important step in providing communities devastated by this year’s hurricanes and wildfires with the critical resources they need to continue to rebuild and recover.
Mayor Muriel Bowser

Norton to Host Special Order Time on House Floor to Commemorate the 44th Anniversary...

Congresswoman Eleanor Holmes Norton (D-DC) will commemorate the 44th anniversary of the enactment of the District of Columbia Home Rule Act on Christmas Eve by hosting a special order hour on the House floor tonight, Thursday, December 21, 2017. Norton will review the implications of the District’s fight for a local government leading up to the passage of the Home Rule Act and leading to D.C.’s 21st century struggle for statehood.
MBA

MBA Statement on FHFA Establishing Limited Capital Cushion

David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, offered the following statement regarding FHFA's decision to allow the GSEs to build a limited capital cushion
MBA

MBA Welcomes 18 New Members in November and December

WASHINGTON, D.C. (December 2@, 2017) - (RealEstateRama) -- The Mortgage Bankers Association (MBA) announced that in October it welcomed 18 new regular members to...
Financial Services Committee

Hensarling Responds to FHFA Dividend Payment Changes

his morning, the Federal Housing Finance Agency (FHFA) and the Treasury Department announced an agreement to deprive taxpayers of the compensation to which they are legally entitled under the ongoing conservatorships of Fannie Mae and Freddie Mac (the GSEs).
HUD - U.S. Department of Housing and Urban Development

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN NOVEMBER 2017

The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for November 2017. Sales of new single-family houses in November 2017 were at a seasonally adjusted annual rate of 733,000. This is 17.5 percent (±10.4 percent) above the revised October rate of 624,000 and is 26.6 percent (±16.6 percent) above the November 2016 estimate of 579,000.
HUD - U.S. Department of Housing and Urban Development

HUD AWARDS $37 MILLION TO RENEW SUPPORT TO 32 LOCAL HIV-AIDS HOUSING PROGRAMS

The U.S. Department of Housing and Urban Development announced $37 million to assist more than 4,000 low-income persons living with HIV/AIDS and their families annually over a three-year period. The funding announced today is offered through HUD's Housing Opportunities for Persons With AIDS Program (HOPWA) and will renew HUD's support of 32 local programs. These grants provide a combination of housing assistance and supportive services for this vulnerable population.
MBA

MBA Opens Doors Celebrates Successful 2017

The Mortgage Bankers Association Opens Doors Foundation (MBA Opens Doors) today announced it raised a record $1.8 million in calendar year 2017, furthering its mission to help families meet their housing costs while dealing with a critically ill or injured child receiving medical treatment. Currently in its fifth full operating year, MBA Opens Doors has helped nearly 1,600 families.
Appraisal Institute

New Appraisal Institute Book Addresses Subdivision Valuation Practices

Subdivision analysis is a challenging area of appraisal practice because of the complex timeline concepts and value estimates involved, according to a new book published by the Appraisal Institute.
Shopko

The Boulder Group Arranges Sale of Single Tenant Net Leased Shopko

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Shopko property located at 320 South Access Road in Rice Lake, Wisconsin for $6,378,560. The 88,004 square foot Shopko property is strategically located at a signalized intersection along South
AGC

FINAL TAX LEGISLATION WILL LOWER RATES FOR CONSTRUCTION FIRMS, SPUR ECONOMIC GROWTH AND BENEFIT...

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement regarding final passage of federal tax reform: “Today, Congress passed comprehensive tax reform legislation that will lower rates, spur economic growth
NAIOP

NAIOP Commends House, Senate on Tax Cuts and Jobs Act Passage

NAIOP, the commercial real estate development association representing almost 19,000 CRE practitioners, commends the House of Representatives and Senate for passing the Tax Cuts and Jobs Act of 2017. The bill, once it is signed by President Donald J. Trump and begins to take effect in 2018, will boost economic growth by reducing tax rates and simplifying the tax code.
DOE

Department of Energy Publishes Natural Gas Liquids Primer

The U.S. Department of Energy (DOE) published a Natural Gas Liquids (NGLs) primer that showcases the resource potential of NGLs, specifically in the Appalachian region. This primer explains what NGLs are, how they are used, recent market developments, and the supporting infrastructure in the Appalachian region.
NLIHC

Statement by National Low Income Housing Coalition President and CEO Diane Yentel — Final...

The final tax bill passed by the Senate yesterday and the House today fails to expand housing resources for people with the lowest incomes, but instead provides massive tax cuts to wealthy individuals and corporations, increases the national debt by at least $1 trillion over a decade, and threatens vital safety net programs like Medicaid, Medicare, and those for affordable housing and homelessness prevention.
NMHC

Apartment Industry Statement on the Passage of the Tax Cuts and Jobs Act

Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) following the passage of the Tax Cuts and Jobs Act by Congress. “The National Multifamily Housing Council and the National Apartment Association applaud Congress on the passage of tax reform legislation and are pleased that the priorities of the apartment housing industry
Mayor Muriel Bowser

District Leaders Announce that Washingtonians Can Pre-Pay Property Taxes in 2017

After Congress passed tax reform legislation, Mayor Muriel Bowser, Congresswoman Eleanor Holmes Norton, and Chief Financial Officer Jeff DeWitt announced that District property owners can pre-pay their property taxes in preparation for the upcoming tax year. The tax reform legislation limits the amount of state and local income and real property taxes that individuals may deduct from their federal income tax, beginning in calendar year 2018. Under the new law, the amount that may be deducted is limited to $10,000 of the combined local income or sales taxes and real property taxes.
ABC National

ABC Celebrates Passage of Historic Tax Reform Bill

Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman released the following statement after Congress passed The Tax Cuts and Jobs Act: “This is a historic day for the construction industry.
ASE

Tax Extenders Bill Seizes Opportunity To Encourage Energy Efficiency

The Alliance to Save Energy released the following statement from President Kateri Callahan in response to the introduction of a bill in the U.S. Senate that would reinstate three key tax provisions incentivizing energy efficiency improvements
NAR

Realtors® Say Tough Work Still Ahead as Tax Reform Bill Heads to President’s Desk

The U.S. House and Senate today passed the conference agreement of the “Tax Cuts and Jobs Act,” marking a near end-of-the-road for Congress’s tax reform efforts this year. The president is expected to sign the bill later this week.

Business Real Estate Press Releases

Recent Gov & Nonprofit Real Estate Press Releases

Hardwood Floors in Your Home

11 Solid Benefits of Hardwood Floors in Your Home

Are you replacing floors in your home but can’t decide whether carpet, tile, or wood is the best option? Even though the choice is difficult, hardwood flooring has several advantages over other surfaces.