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Carried Interest Tax Increase’s Unintended Victim? Affordable Housing

WASHINGTON, DC - July 19, 2011 - (RealEstateRama) -- As President Obama and Congress continue their negotiations on a package to increase the debt ceiling, the National Multi Housing Council (NMHC) and the National Apartment Association (NAA) are urging lawmakers to reject proposals to change the tax treatment of carried interest,[1] which would have a devastating effect on affordable housing.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR PUERTO RICO STORM VICTIMS

WASHINGTON, DC - July 19, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Puerto Rico and provide support to homeowners and low-income renters forced from their homes following severe storms, flooding, mudslides, and landslides in May and June.

Majority Would Squat in Vacant Home

WASHINGTON, D.C. - July 19, 2011 - (RealEstateRama) -- The majority of those surveyed would squat in a vacant home if things got so bad economically they were forced to do so, according to a new Housing Predictor opinion poll

Housing Production Regains Some Strength in June

WASHINGTON, D.C. - July 19, 2011 - (RealEstateRama) -- Nationwide housing starts rose 14.6 percent to a seasonally adjusted annual rate of 629,000 units in June, according to figures released by the U.S. Commerce Department today. This was the best pace of housing production since the beginning of the year, and was attributable to significant gains registered in both the single-family and multifamily segments as well as every region of the country."Today's numbers are an encouraging sign that builders are responding to improving consumer interest in new homes and apartments by gradually replenishing their extremely thin inventories in places where demand is evident," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "That said, the lack of access to construction credit remains an impediment to starting new projects and getting building crews back to work in markets that are improving."

Key to Rebuilding Missouri is Low-Interest Disaster Loans

COLUMBIA, MO - July 19, 2011 - (RealEstateRama) -- Missourians who suffered damage or loss from the severe storms, tornadoes and flooding and received a disaster loan application from the U.S. Small Business Administration (SBA) are urged to complete and return the application by the July 29, 2011 deadline.

KTGY-designed Mixed-use Student Housing Development Planned

IRVINE, CA - July 18, 2011 - (RealEstateRama) -- Award-winning KTGY Group, Inc., Architecture and Planning, is pleased to announce that it is providing architectural design services for a new, mixed-use, 183,000-square-foot graduate student housing project to be developed by Hanover Pacific, LLC, in downtown Pomona, Calif., adjacent to the campus of Western University of Health Sciences (WesternU), a private, non-profit graduate school for health professions.

CALIFORNIA ASSOCIATION OF COMMUNITY MANAGERS TURNS 20

LAGUNA HILLS, CA - July 18, 2011 - (RealEstateRama) -- The California Association of Community Managers (CACMSM) will celebrate its 20th anniversary at this year’s Statewide Expo & Conference at the Disneyland Hotel in Anaheim on July 28-July 29.

CBRE ADDS STRENGTH TO MULTI-HOUSING GROUP IN JACKSONVILLE

Jacksonville, FL - July 18, 2011 - (RealEstateRama) -- CB Richard Ellis (CBRE) is augmenting service capabilities in Jacksonville’s multifamily investment properties market. Brian Moulder is joining the CBRE Multi-Housing Group (MHG) as a Senior Vice President, partnering with Vice Chairman, Dan Allen, and Senior Associate, Dhaval Patel. Moulder has served the southeast multifamily markets since 2003, most recently with Southeast Apartment Partners in Atlanta, GA.

Housing Expo Comes to Jefferson County for Tornado Survivors

BIRMINGHAM, AL - July 18, 2011 - (RealEstateRama) -- Tornado survivors can get answers on how to plan and accomplish their permanent housing goals at a Housing and Recovery Expo in Jefferson County on Saturday, July 23.

Builder Confidence Gains Two Points in July

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- Builder confidence in the market for newly built, single-family homes rose two points to 15 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for July, released today. The gain largely offsets a three-point dip recorded in June, and marks the ninth time out of the past 10 months in which the index has held within the same three-point range."The improvement in builder confidence in July is a positive sign that the outlook perhaps isn't quite as bleak as was feared in June," said Bob Nielsen, chairman of the National Association of Home Builders (NAHB) and a home builder from Reno, Nev. "While builders continue to confront serious challenges with regard to competition from foreclosed properties that are priced below replacement cost, inaccurate appraisals of new homes, and a very restrictive lending environment for new home construction, select markets are showing gradual improvement as consumers begin to take advantage of very favorable buying conditions."

NAHB Applauds EPA Rejection Of Renovation Clearance Testing Requirements

WASHINGTON, D.C. - July 18, 2011 - (RealEstateRama) -- The National Association of Home Builders commends the U.S. Environmental Protection Agency for rejecting a proposal to add third-party clearance testing to the Lead: Renovation, Repair and Painting Rule (RRP).“We’re pleased that the EPA listened to the concerns of remodelers about the extreme costs the proposed clearance testing would have imposed,” said Bob Peterson, NAHB Remodelers chair and a remodeler from Fort Collins, Colo. “Home owners are saved from spending a great deal of money on lead testing. If remodeling is more affordable, home owners will be able to hire an EPA-certified renovator to keep them safe from lead dust hazards during renovation.”

PHFA announces $11.2 million in funding and approximately $30 million in tax credits for...

HARRISBURG, PA - July 15, 2011 - (RealEstateRama) -- The board of the Pennsylvania Housing Finance Agency yesterday conditionally approved $11.2 million in funding and approximately $30 million in tax credits for the construction of affordable multifamily housing developments located throughout Pennsylvania.

Reed Announces Nearly $115,000 to Help Homeless Vets

WASHINGTON, DC - July 15, 2011 - (RealEstateRama) -- U.S. Senator Jack Reed (D-RI) today announced that Rhode Island will receive $114,275 in federal funding to provide housing assistance to homeless veterans

While School’s Out, Learn Lessons in Home Energy Use

New York, NY - July 15, 2011 - (RealEstateRama) -- It may be summer vacation season, but that doesn’t mean you should take a break from your home energy responsibilities. In fact, getting the whole family involved in making better choices regarding energy efficiency is a great way to teach your household how to conserve resources and save money.

APEX OFFERING PLAN DECLARED EFFECTIVE; FIRST CLOSINGS UNDERWAY

NEW YORK, NY - July 15, 2011 - (RealEstateRama) -- APEX Condominium’s offering plan has been declared effective and the new luxury building in Harlem is already 40% sold -- more than twice the required percentage.

Rahall Announces Funding for Veterans Supportive Housing

WASHINGTON, D.C. - July 15, 2011 - (RealEstateRama) -- U.S. Rep. Nick Rahall (D-W.Va.) Thursday announced two southern West Virginia housing programs will receive grant funding from the U.S. Department of Housing and Urban Development (HUD) to provide housing assistance to homeless veterans.

Boxer Praises $10.5 Million in Housing Assistance for Homeless Veterans in California

Washington, D.C. - July 15, 2011 - (RealEstateRama) -- U.S. Senator Barbara Boxer (D-CA) today praised U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan’s announcement that the agency has awarded more than $10.5 million in federal grants to provide housing for homeless veterans in California. Grants will be distributed as 1,125 housing assistance vouchers by local housing agencies that have partnered with VA medical centers to benefit veterans all across the state.

Ground breaking for Del Rey Senior Affordable Housing

Los Angeles, CA - July 15, 2011 - (RealEstateRama) -- The Del Rey Square Senior Housing Project is a new affordable housing community at 11976 Culver Boulevard in West Los Angeles. The project will contain 124 units (4 studios, 119 one-bedroom units and 1 two-bedroom manager’s unit) that will be targeted to households earning 60% of AMI or less. 30 of these units will be public housing units targeting senior and disabled households. The project is unique in its location on the Westside of Los Angeles, which suffers from a severe lack of affordable housing.

Halstead Property Development Marketing To Participate In The Downtown New Development Open House Tour

New York, NY - July 15, 2011 - (RealEstateRama) -- Halstead Property Development Marketing today announced they will participate in The Downtown New Development Open House Tour, a joint open house with other top brokerages in New York City, on Wednesday, July 20.

HUD SECRETARY ANNOUNCES DISASTER ASSISTANCE FOR PENNSYLVANIA STORM VICTIMS

WASHINGTON, DC - July 15, 2011 - (RealEstateRama) -- U.S. Housing and Urban Development Secretary Shaun Donovan today announced HUD will speed federal disaster assistance to the Commonwealth of Pennsylvania and provide support to homeowners and low-income renters forced from their homes following severe storms and flooding in April.

Business Real Estate Press Releases

Rebecca Jensen, President and CEO of MRED

MRED Becomes First MLS to Lead National Relaunch of Broker Public...

Broker Public Portal (BPP), the industry-led initiative formed by brokerages and multiple listing services (MLSs) to deliver a transparent, accurate, and consumer-first home search experience,

Recent Gov & Nonprofit Real Estate Press Releases

Aderholt Secures More Than $56 Million In FY26 Community Projects For...

Congressman Robert Aderholt (AL-04) announced today that he has secured more than $56 million in federal funding for community and transportation projects across Alabama’s Fourth Congressional District as part of the Fiscal Year 2026 (FY26) appropriations process.