Sunday, April 28, 2024

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Subcommittee Reviews Reforms that Create Housing Opportunity

As part of the Financial Services Committee’s year-long examination of the Department of Housing and Urban Development (HUD) during its 50th anniversary year, the Housing and Insurance Subcommittee held a hearing today to examine how the federal government can better provide housing assistance in the 21st century and serve the housing needs of low-income individuals and families.

OPIC PARTNERS WITH LUMOS TO POWER NIGERIAN HOMES AND BUSINESSES

The Overseas Private Investment Corporation (OPIC), the U.S. Government’s Development Finance Institution, today signed an agreement recognizing a $15 million commitment by OPIC to finance Txtlight Power Solutions, Ltd. doing business as Nova-Lumos (Lumos), an off-grid electricity provider, to scale up a business that provides solar electricity to homes and small business throughout Nigeria. The signing was part of Secretary John Kerry’s Climate and Clean Energy Investment Forum.

Household Hazardous Waste Collection Scheduled for Saturday October 24

Lincoln and Lancaster County residents are encouraged to clean out unwanted chemicals by bringing their household hazardous waste to a collection event from 9 a.m. to 1 p.m. Saturday, October 24 at Woods Park, 31st & J St. This event is sponsored by the Lincoln-Lancaster County Health Department

HPD, HDC & WIN CELEBRATE GROUNDBREAKING OF $80 MILLION SUPPORTIVE AND AFFORDABLE HOUSING DEVELOPMENT...

Win, one of the largest nonprofits serving homeless women and their families in New York City, was joined today by New York City’s Department of Housing Preservation and Development (HPD) Commissioner Vicki Been, New York City Housing Development Corporation (HDC) President Gary Rodney, and partners to break ground on a new affordable housing development in Brooklyn’s Brownsville neighborhood.

Miller’s V2I Provision Included in Long-Term Highway Reauthorization Bill

the House Committee on Transportation and Infrastructure introduced a 6-year highway reauthorization bill, the Surface Transportation Reauthorization and Reform Act of 2015, which includes a Vehicle-to-Infrastructure (V2I) provision authored by Representative Candice Miller (MI-10) to assist with the advancement of V2I technologies that improve road safety

Former Wilmington Housing Authority Employee Pleads Guilty to $179,000 Embezzlement

Charles M. Oberly, III, United States Attorney for the District of Delaware, announced that Damien Piper, age 34, of Wilmington, Delaware, pled guilty today to violations of 18 U.S.C. § 666 (Theft of Public Funds). Piper, who will be sentenced on February 2, 2016, by the Honorable Gregory M. Sleet, United States District Judge for the District of Delaware, faces a maximum sentence of ten years in prison, a fine of $250,000, and 3 years of supervised release

U.S. EPA Honors 2015 Green Power Leader in Arizona

The U.S. Environmental Protection Agency announced its annual Green Power Leadership Awards. The Tucson Unified School District was among 25 businesses and organizations across 13 states that were recognized for their achievements in advancing the nation’s renewable energy market.

U.S. EPA Honors 2015 Green Power Leaders in California

The U.S. Environmental Protection Agency announced its annual Green Power Leadership Awards to seven businesses across California. The firms were among 25 businesses and organizations across 13 states recognized for their achievements in advancing the nation’s renewable energy market and reducing greenhouse gas emissions that contribute to climate change

Dr. Martin Keller Named Director of National Renewable Energy Laboratory

The Alliance for Sustainable Energy (Alliance) today announced the appointment of Dr. Martin Keller as director of the National Renewable Energy Laboratory (NREL) and president of the Alliance which manages the laboratory for the Department of Energy. Keller will officially join NREL in this role on November 30, 2015. Keller was selected following a highly competitive national search.

HUD MARKS A MAJOR SHARED SERVICES MILESTONE WITH FINANCIAL SERVICES MIGRATION

U.S. Department of Housing and Urban Development (HUD) announces another major milestone in transitioning HUD’s financial management and procurement operations to the U.S. Department of Treasury’s Administrative Resource Center (ARC). This milestone marks the shift of financial and procurement management functions from HUD to ARC. Although significant work remains, HUD is the first cabinet-level agency to move core financial systems to a Federal Shared Service Provider

Operators of Alleged Tech Support Scam Settle FTC Charges, Will Surrender Money and Property

The operators of an alleged tech support scam agreed to settle Federal Trade Commission charges that they tricked consumers into paying millions of dollars for technical support services they did not need and software that was otherwise free

OPIC PARTNERS WITH SOLARRESERVE AND ACWA POWER TO DEVELOP LANDMARK SOUTH AFRICAN SOLAR ENERGY...

As part of Secretary John Kerry’s Climate and Clean Energy Investment Forum, the Overseas Private Investment Corporation (OPIC) today signed an agreement with U.S. based energy developer SolarReserve and Saudi Arabia-based ACWA Power, recognizing OPIC’s $400 million commitment of debt financing to support the development of the Redstone Concentrating Solar Power (CSP) project in Northern Cape, South Africa.

Housing Secretary Acts on Rep. Peters’ Request to Open Comment Period on Federal Homeless...

U.S. Representative Scott Peters (D, CA-52) joined Secretary of Housing and Urban Development (HUD) Julian Castro as Secretary Castro announced that HUD will open a comment period in spring 2016 on revising the current formula for how federal anti-homelessness funds are allocated. In 2014, despite having the 5th largest homeless population in the country, San Diego received the 23rd most funding.

Governor Baker Announces Plans for Strategic Use of State Real Estate Assets

Governor Charlie Baker today outlined the administration’s Real Estate Asset Leveraging (REAL) Strategy for developing unused or underutilized Commonwealth properties into new opportunities for affordable or market-rate housing, reducing government expenses, increasing revenue without taxes, capital investment in state properties, economic development, or open recreational space. Across our state agencies and authorities, the Commonwealth highlighted 42 near-term opportunities for public-private partnerships at an open house for interested parties.

NREL’s Enhanced Scenario Framework for Electricity Sector Analysis Provides Cost, Performance Data

Projections of potential energy futures are highly dependent on the assumptions associated with specific technologies, market conditions, and energy policies. A new framework from the Energy Department's National Renewable Energy Laboratory (NREL) that includes generation technology cost assumptions and an ensemble of future scenarios is being used to improve the robustness and comparability of electric sector analysis by the lab, academia and other entities in the energy analysis community.

Norton Announces D.C. Statehood Briefing Ironically Postponed Due to Bill Violating D.C. Home Rule

The office of Congresswoman Eleanor Holmes Norton (D-DC) announced that the briefing on District of Columbia statehood with a screening of HBO’s Last Week Tonight with John Oliver D.C. statehood segment followed by a question and answer segment, originally scheduled for Wednesday, October 21, 2015, must be postponed because a bill to impose private school vouchers on the District is scheduled to come to the House floor that day

Op Ed: Municipalities on Front Lines in Clean Water Effort

The Vermont Clean Water Act has passed. The draft Lake Champlain cleanup plan has been released. The "all-in" message from the past two years remains and now resonates, with each sector beginning to roll up its sleeves to address phosphorus pollution that runs off our roads, farms, forests and developed lands, to achieve clean water results

CITY OFFICIALS JOIN MACQUESTEN AND UNION GROVE COMMUNITY ECONOMIC DEVELOPMENT CORP. FOR THE GRAND...

The New York City Housing Preservation and Development (HPD), The New York City Housing Development Corporation (HDC), the New York City Housing Authority (NYCHA) joined Rella Fogliano, President of MacQuesten Development, the Union Grove Community Economic Development Corporation (UGCEDC), and development partners along with Bronx Borough President Ruben Diaz, Jr., New York City Councilwoman Maria Del Carmen Arroyo, New York State Senator Ruben Diaz, and representatives from Bronx Community Board 3,  today to celebrate the Grand Opening of Mother Arnetta Crawford Apartments, a newly constructed apartment complex that is aiding in the  transformation of the Crotona Park East neighborhood of the Bronx

Residential Redevelopment of Ballston-area Parking Lot, Service Station Approved

The Arlington County Board today approved a plan to redevelop an Exxon service station and a parking lot on Glebe Road in Ballston with a LEED Silver-certified six-story residential building. The new building will have ground-floor retail and seven committed affordable housing units.

Arlington County Board Names Mini-park for George Washington Carver

The Arlington County Board today approved naming the mini-park located in the planned Carver Homes townhome development as George Washington Carver Park, as recommended by the Park and Recreation Commission and the Arlington View neighborhood.

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

The Impact of High Speed Rail on Real Estate in China

In recent years, the interplay between high-speed rail (HSR) systems and land markets has emerged as a topic of significant interest. Despite the growing attention, the specific effects and underlying mechanisms of HSR on land prices have not been extensively studied. Our research aims to bridge this gap by analyzing China's land transaction data.