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CONSTRUCTION JOBS INCREASE BY 4,000 IN MAY AND 215,000 OVER 12 MONTHS AS INDUSTRY...
Construction employment increased by 4,000 jobs in May and by 215,000, or 3.0 percent, over the past 12 months, while the number of unemployed jobseekers with construction experience fell to a record low, according to an analysis of new government data by the Associated General Contractors of America
DISASTER RELIEF BILL PROVIDES $50 MILLION FOR WHITEHOUSE’S COASTAL RESILIENCY FUND
A disaster relief bill that includes $50 million for the National Coastal Resilience Fund was signed into law today by President Donald Trump. U.S. Senator Sheldon Whitehouse created the National Coastal Resilience Fund to restore and strengthen the natural infrastructure
Norton to Speak at RFK Stadium Site Athletic Fields Opening, Tomorrow
Congresswoman Eleanor Holmes Norton (D-DC) will speak tomorrow, Saturday, June 8, 2019, at the ribbon cutting of new athletic fields at the RFK stadium site at 11:00 a.m. Norton recently introduced a bill to sell the RFK stadium site,
EPA Issues Guidance on Clean Water Act Water Quality Certification
As directed by President Trump, today the U.S. Environmental Protection Agency (EPA) released guidance on Section 401 of the Clean Water Act (CWA) that provides recommendations to clarify and streamline the 401 certification process and to promote greater investment
Mayor Bowser and the Greater Washington Community Foundation Launch Partnership to End Homelessness
Mayor Bowser, along with her Interagency Council on Homelessness (ICH) and the Greater Washington Community Foundation, launched the Partnership to End Homelessness. This first-of-its-kind initiative in the District aims to galvanize private
$17+ Million in Grants Will Help States, Local Communities Keep Waters Clean, Economies Thriving
Water-loving outdoor recreationists and local communities in 27 states will have additional resources to help boaters keep America’s waters clean, thanks to more than $17 million in Clean Vessel Act program grants from the U.S. Fish and Wildlife Service.
Ginnie Mae Extends 2019 Summit Registration Deadline to June 10, 2019
Ginnie Mae announced today that is has re-opened registration for the 2019 Ginnie Mae Summit due to strong demand. Nearly 1,000 mortgage industry participants and global fixed-income investors have signed up for the two-day event in Washington
HOMEOWNERS ASSOCIATIONS PROVIDE VALUE AND BUILD CONNECTIONS BETWEEN RESIDENTS—FOSTERING INCLUSION, NOT SEGREGATION
Community Associations Institute (CAI), the leading international authority on community association governance, management, and education, applauds Wyatt Clarke and Matthew Freedman for conducting research on the community association housing model
MBA Releases Lender Disclosure Template for Adjustable-Rate Mortgage Borrowers in Preparation for LIBOR Sunset
With the discontinuation of the London Interbank Offered Rate (LIBOR) likely on the horizon, the Mortgage Bankers Association (MBA) released today a disclosure template for residential mortgage lenders to share with consumers
IMBs Report Increased Profitability in the First Quarter of 2019
Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $285 on each loan they originated in the first quarter of 2019, up from a reported loss of $200 per loan in the fourth
MBA’s Lisa Haynes Presented with a Diversity & Inclusion Award by CIFS
Lisa Haynes, Chief Financial and Diversity and Inclusion Officer of the Mortgage Bankers Association (MBA), was presented with a 2019 Diversity & Inclusion Award by the Council for Inclusion in Financial Services (CIFS)
Norton Presents Award to DC’s Fort Chaplin Park Apartments
Congresswoman Eleanor Holmes Norton (D-DC) today presented the Charles Edson Tax Credit Excellence Award to Fort Chaplin Park Apartments, owned and operated by Standard Communities and Alliant Capital, for their work preserving affordable housing in the District of Columbia.
ABC Names the Top-performing Contractors in U.S. Commercial and Industrial Construction
Associated Builders and Contractors today released its 2019 Top Performers lists, which recognize ABC member contractors’ achievements in safety, quality, diversity and project excellence ranked by work hours
Mayor Bowser and Greater Washington Community Foundation to Launch the District’s First-Ever Public–Private Partnership...
On Thursday, June 6, at 10:30 am, Mayor Bowser, along with her Interagency Council on Homelessness (ICH) and the Greater Washington Community Foundation, will launch the Partnership to End Homelessness.
CONSTRUCTION OFFICIAL URGES SENATORS TO PASS MEASURE TO PROTECT LEGAL STATUS OF OVER 100,000...
Construction Association Head Says Senate Must Pass Immigration Measure that Avoids Significant Disruptions to Construction Projects in Regions with Big TPS & Dreamer Populations. The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement
NAAHL Explores What’s Next for Neighborhood Finance at Annual Conference
National Association of Affordable Housing Lenders (NAAHL) will host its annual Policy and Practice conference at the National Press Club in Washington, DC. Housing industry leaders and policy makers from banks
Nearly 700 Builders Shine a Spotlight on Housing Affordability in Hill Visits
Nearly 700 builders from across the nation converged on Capitol Hill today for the National Association of Home Builders (NAHB) 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality
Realtors® Join with VA to Commemorate 24 Millionth Loan, 75th Anniversary of GI Bill
This morning, at the National Press Club in Washington, D.C., the Department of Veterans Affairs welcomed more than 100 industry stakeholders and governments officials to commemorate the 75th Anniversary of the GI Bill.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 1.5 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending May 31, 2019.
MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial...
Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate (LIBOR), but there is little uniformity when it comes to the details, according to the results of a new survey by the Mortgage Bankers Association's (MBA)
