Yearly Archives: 2018
National Institute of Building Sciences Issues Second Report on the Value of Mitigation
The National Institute of Building Sciences issued its latest report in a multi-year study on natural hazard mitigation. The second in a series of interim results, Natural Hazard Mitigation Saves: Utilities and Transportation Infrastructure examines the potential benefits associated with investing in mitigation for select utility and transportation infrastructure.
MBA Opens Doors Foundation Celebrates Monumental Fundraising Tally
The MBA Opens Doors Foundation (Opens Doors) today announced it raised $685,175 during the Mortgage Bankers Association's 2018 Annual Convention and Expo, held in Washington, D.C., on Oct. 14-17. The generous contributions given by convention attendees, combined with the more than $1.1 million recently pledged by MBA member companies and individuals leading up to the convention
Energy Department Announces Proposed Rulemaking to Implement Its Critical Electric Infrastructure Information (CEII) Designation...
Building on the Administration’s commitment to improving the resiliency, reliability, and security of the nation’s electricity delivery system, the Department of Energy (DOE) today announced the upcoming publication of a Notice of Proposed Rulemaking (Notice) introducing administrative procedures to implement DOE’s designation authority for Critical Electric Infrastructure Information (CEII).
GBCI Announces 2018 LEED Fellows
Green Business Certification, Inc. (GBCI) has announced its 2018 class of LEED Fellows, an annual recognition of outstanding LEED professionals and the most prestigious credential awarded by GBCI. This year’s 25 LEED Fellows are exceptional practitioners and leaders within the green building community, and have demonstrated mastery of the technical application of LEED, the world’s most widely used green building rating system
Federal Home Loan Bank of Dallas Reports Third Quarter 2018 Operating Results
The Federal Home Loan Bank of Dallas (Bank) today reported net income of $50.1 million for the quarter ended September 30, 2018. In comparison, for the quarters ended June 30, 2018 and September 30, 2017, the Bank reported net income of $48.8 million and $40.0 million, respectively. For the nine months ended September 30, 2018, the Bank reported net income of $140.6 million, as compared to $118.9 million for the nine months ended September 30, 2017
The National Fair Housing Alliance Condemns Hate Crimes and Calls on President Trump to...
The National Fair Housing Alliance shares our deepest condolences with the people and families affected by the recent shootings in Louisville, Kentucky and Pittsburgh, Pennsylvania. Also at a time of national tragedy, the Fair Housing Act was passed seven days after the death of Martin Luther King Jr. The Act was not just a law.
Sen. Reed. Rep. Cicilline, Mayor Elorza and residents celebrate renovations at Rhode Island senior...
U.S. Senator Jack Reed, Congressman David Cicilline, Treasurer Seth Magaziner, Providence Mayor Jorge Elorza and leaders from RIHousing and Preservation of Affordable Housing (POAH) celebrated 128 newly renovated apartments at Oxford Gardens and Oxford Place today
ABC Announces New Director of Workforce Development
Associated Builders and Contractors announced today that Timothy Mongeau has been appointed as director of workforce development. With more than 15 years of experience designing and implementing construction education programs, Mongeau will spearhead ABC’s workforce development strategies and initiatives
DHCD Announces Enhancements to its Affordable Rental Housing Locator
The DC Department of Housing and Community Development (DHCD) announced today that enhancements have been made to its free affordable housing online tool. DCHousingSearch.org helps potential tenants find affordable rental housing in the District through detailed listings that include photographs, size and type of bedrooms
Federal Financial Institutions Regulatory Agencies Announce Availability of 2017 Small Business, Small Farm, and...
The three federal banking agency members of the Federal Financial Institutions Examination Council (FFIEC) with Community Reinvestment Act (CRA) responsibilities today announced the availability of data on small business, small farm, and community development lending reported by certain commercial banks and savings associations, pursuant to the CRA
Multifamily Lending Increased 6 Percent to a New High of $285 Billion in 2017
Strong market conditions helped fuel a 6 percent increase in multifamily lending in 2017, as lenders provided a record high $285 billion in new mortgages for apartment buildings with five or more units, according to the Mortgage Bankers Association's (MBA) annual report on the multifamily lending market
IDFPR Publishes Condominium and Common Interest Community Complaint Resolution Policy Templates
The Illinois Department of Financial and Professional Regulation (“IDFPR”) Division of Real Estate (“DRE”) recently published an Association Complaint Procedure and an Association Complaint Form.
Pew, Institute to Host Webinar on Case for Building Stronger, Smarter Infrastructure
The Pew Charitable Trusts and the National Institute of Building Sciences will host a joint webinar, The Business Case for Building Stronger, Smarter Infrastructure, on Tuesday, October 30, from 11:00 am to 12:00 pm ET.
New Hanover County Zoning Ordinance Amended to Allow for Temporary Relocation Housing
The New Hanover County Board of Commissioners, at a special meeting held today, unanimously approved a Zoning Ordinance text amendment to allow temporary relocation housing for residents in the unincorporated county who are displaced from their homes because of damage from Hurricane Florence
Construction Teamsters Covered By Western Washington AGC Agreement Ratify Contract
At meetings held throughout Joint Council 28, hundreds of Teamsters working in the construction industry voted to ratify a new 3-year agreement. The agreement covers all Western Washington construction industry Teamsters working under the Associated General Contractors (AGC) construction agreement, and all associated white paper agreements that are signatory to the AGC.
Teamsters Joint Council 75 and Allies Continue Hurricane Michael Relief Efforts
Following the devastation of Hurricane Michael, Teamsters Joint Council 75 is working the Florida AFL-CIO, the American Red Cross and a variety of other organizations to assist union members and their communities with rebuilding after the storm hit the Florida Panhandle
McMorris Rodgers Statement on Water Infrastructure
President Trump signed the America’s Water Infrastructure Act of 2018 into law. This water infrastructure legislation will benefit the nation’s dams, ports, and waterways. It includes several provisions championed by House Republican Conference Chair Cathy McMorris Rodgers, including her sixth bipartisan bill to be signed into law this Congress.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications rose 4.9 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending October 19, 2018. The previous week's results did not include an adjustment for the Columbus Day holiday.
MBA Launches New Business Council for Commercial Real Estate Finance Members
The Mortgage Bankers Association (MBA) announced today the formation of the Capital Council, a new business council made up of commercial real estate finance professionals from MBA member firms.
New Home Sales Fall 5.5 Percent in September as Affordability Issues Continue
Sales of newly built, single-family homes fell to a seasonally adjusted annual rate of 553,000 units after downwardly revised August, July and June reports, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. This is the lowest sales pace since December 2016. However, on a year-to-date basis, sales are up 3.5 percent from this time in 2017
