Thursday, May 16, 2024

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IRS Raises Tangible Property Expensing Threshold to $2,500; Simplifies Filing and Recordkeeping

The Internal Revenue Service today simplified the paperwork and recordkeeping requirements for small businesses by raising from $500 to $2,500 the safe harbor threshold for deducting certain capital items.

Local contractor White Star Construction, has earned the construction/remodeling industry’s Certified 203k Contractor designation

White Star Construction has completed the construction/remodeling industry’s most comprehensive training in the use of the U.S. Government’s FHA 203k Home Renovation Loan program. By earning the designation as a Certified 203k Contractor, White Star Construction is listed in the 203k Contractor Directory , a nationwide database of educated, knowledgeable and experienced 203k contractors, and is dedicated to helping more Americans achieve the dream of home ownership, improve our communities, and contribute to the health of our economy

Attorney General Kamala D. Harris Announces Joint Prosecution with Ventura County District Attorney Greg...

Attorney General Kamala D. Harris today announced that the California Department of Justice will be formally joining the Ventura County District Attorney’s Office in the ongoing prosecution of multiple individual and corporate defendants charged with environmental crimes and other specified offenses related to the November 18, 2014 explosion at the Santa Clara Waste Water Company facility located in Santa Paula, California.

Household hazardous waste and unwanted medications to be collected at event in Leesburg

The Lake County Solid Waste Division, in partnership with the Leesburg Police Department, is encouraging Lake County residents to dispose of household hazardous materials and unwanted medications in a safe and environmentally conscious way at an upcoming collection event.

360 apartments in Mission, Castro, Bernal Heights to undergo extensive renewal

Nonprofit BRIDGE Housing has closed on financing and acquisition of 360 apartments in four properties, under the citywide Rental Assistance Demonstration (RAD) program. RAD, created by the U.S. Department of Housing and Urban Development and championed by the San Francisco Mayor’s Office of Housing and Community Development (MOHCD) leverages private capital to preserve and improve public housing and address a multibillion-dollar nationwide backlog of deferred maintenance.

Cadillac Manufacturer, Jackson County School System, Kalamazoo Greenhouse Honored for Energy Efficiency Work

A manufacturer from Cadillac, a Jackson County public school district and a Kalamazoo greenhouse were among business customers Consumers Energy honored recently for successfully using energy efficiency to reduce their energy use and lower bills

County council approves Clark County Stormwater and Manual update

The Board of County Councilors unanimously approved the county’s stormwater and code manual update today during a scheduled consent agenda meeting. The Clark County Stormwater Manual and Code is required to be updated every five years under the National Pollutant Discharge Elimination System (NPDES) permit issued by the Washington State Department of Ecology.

Water quality panel offers volunteer opportunity

Acting County Manager Mark McCauley is seeking volunteers to serve on the county’s Clean Water Commission. Two positions are available, and terms run from January 2016 through January 2019.

Helen S. McIlvaine Named Alexandria’s Director of Housing

City Manager Mark B. Jinks has announced the appointment of Helen S. McIlvaine as Director of Housing for the City of Alexandria, effective November 23, 2015. McIlvaine has served as Acting Director since January 1

HPD COMMISSIONER BEEN ANNOUNCES REQUEST FOR PROPOSALS FROM PRE-QUALIFIED MINORITY AND WOMEN OWNED BUSINESS...

New York City Department of Housing Preservation and Development (HPD) Commissioner Vicki Been announced today the release of a competitive Request for Proposals (RFP) to develop new affordable housing on six sites: three in Brooklyn, two in the Bronx, and one in Manhattan, in the neighborhoods of East New York, Bedford-Stuyvesant, Melrose, Crotona Park East, and Central Harlem. One of the new measures announced by Mayor Bill de Blasio to increase the role of M/WBEs in City housing and economic development projects, the RFP is only open to a pre-qualified list of M/WBE developers created through the competitive Request for Qualifications (RFQ) process.

Meeting set on Newton groundwater cleanup

Town of Newton residents interested in the investigation and cleanup of groundwater contamination just southwest of the city of Manitowoc are invited to attend an open house from 10 a.m. to noon Saturday, Dec. 5.

HDC Community Fund $700,000 loan will help Human Solutions acquire property for year-round emergency...

When Human Solutions needed funds—quickly—to acquire a blighted commercial property and convert it into an emergency shelter for homeless families, we were there to help. Early next year the Southeast Portland nonprofit will reopen the shuttered Black Cauldron strip club at Southeast 160th Avenue and Stark Street as Multnomah County’s first year-round, 24/7 family shelter. Providing 130 urgently needed beds for kids and adults, plus laundry facilities, showers, a computer lab and indoor and outdoor play areas, the facility will replace and improve upon Human Solutions’ inadequately sized winter warming center, located a few blocks away.

SPEAKER MELISSA MARK-VIVERITO AND NEW YORK CITY HOUSING AUTHORITY UNVEIL MOSAIC MURAL HONORING DR....

Speaker Melissa Mark-Viverito and the New York City Housing Authority today unveiled a new mosaic mural honoring Dr. Antonia Pantoja, located on the Corsi Senior Center on East 116th Street in East Harlem. The mural was commissioned by the Dr. Antonia Pantoja Mural Committee and New Yorkers who were inspired by Dr. Pantoja’s lifetime of dedication to the Latino community in New York City and beyond.

City’s New Year-Round Indoor Shelter on Track to Help Hundreds More Homeless Veterans &...

With the goal of helping more homeless individuals and veterans transition off the streets, Mayor Kevin L. Faulconer and City Councilmember Todd Gloria today announced the City's recently opened year-round indoor permanent housing program is on track to help more homeless individuals than ever before. The City program is a partnership with Father Joe's Villages and the San Diego Housing Commission, and replaced the need to erect temporary outdoor tents in the winter.

Consumers Energy Offers Safety Tips to Help Keep Homeowners Safe and Warm This Winter

“At Consumers Energy safety is our most important priority, for our customers, our communities and our employees. We want to help ensure everyone stays warm and remains safe, no matter what kind of weather Mother Nature brings this winter,” said Mary Palkovich, vice president of energy delivery.

Palm Beach County: Home Sales Hit 18-Month Low

Housing market reports for October 2015 are now available. Below are the year-over-year figures for Palm Beach County from the Realtors® Association of the Palm Beaches (RAPB). RAPB is the 6th largest local association in the country representing over 14,000 REALTOR® members involved in all aspects of residential, commercial, and global real estate throughout Southeast Florida and the Treasure Coast.

HGA Architects and Engineers Add Renowned Design Leader to L.A. Practice

HGA Architects and Engineers (HGA), an integrated architecture, engineering and planning firm, announced today that renowned design leader, John Frane, has joined the firm as an associate vice president and principal in the Los Angeles office. As a design principal, Frane will continue his pursuit of high design work, combining his arts and culture-based experience with HGA’s extensive national resume of work in this arena.

CHFA plans to sell $60.3 million in tax exempt bonds to finance affordable multifamily...

The Connecticut Housing Finance Authority (CHFA) plans to offer up to $60.3 million in Tax Exempt Bonds to finance six affordable multifamily rental developments: Billings Forge in Hartford, Charles Street Apartments in Meriden, Frost Homestead in Waterbury, Laurelwood Apartments in Bridgeport, Old Talcott Mill in Vernon, and Trinity Park in Stamford, totaling 488 units.

Coffman Co-sponsors Legislation to Help First-Time Homebuyers

U.S. Representative Mike Coffman (CO-06) announced his Co-Sponsorship of H.R. 4114, legislation to assist first-time homebuyers. “Homeownership is a crucial component of the American Dream and that is why I’m committed to passing this legislation.”

Mayor Lee & Supervisor Breed Announce Milestone Reached in Historic Reenvisioning & Rebuilding of...

Mayor Edwin M. Lee and Supervisor Breed announced the historic transfer of 15 public housing sites and 1,425 units to community-based nonprofit ownership as part of the Mayor’s 2013 Re-Envisioning Public Housing Plan and the Department of Housing and Urban Development’s Rental Assistance Demonstration Program (RAD).

Recent Gov & Nonprofit Real Estate Press Releases

Congresswoman Joyce Beatty

Rep. Beatty Announces Federal Funding to Advance Affordable Housing

This week, Congresswoman Joyce Beatty (OH-03) joined the Federal Home Loan Bank of Cincinnati (FHLB) and Homeport in celebrating the launch of the Rise Up program. The Rise Up