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TAX PACKAGE MAKES PERMANENT 9 PERCENT MINIMUM HOUSING CREDIT RATE

Late December 15, Speaker of the House Paul Ryan (R-WI) unveiled tax extender legislation, the Protecting Americans from Tax Hikes Act of 2015, that would renew and make permanent some of the expired tax provisions, including the 9 percent minimum Housing Credit rate, and extend for either five years or two years other expired tax provisions. The bill—a major victory for NCSHA and other Housing Credit industry stakeholders—is the result of weeks of negotiations among leaders of both parties and both chambers.

Senators Collins and King Announce More Than $400,000 in Grant Funding to Assist Maine...

U.S. Senators Susan Collins, the Chairman the Senate Appropriations Subcommittee on Transportation, Housing, and Urban Development, and Angus King today announced that several housing authorities and municipalities in Maine will receive a total of $439,537 from the U.S. Department of Housing and Urban Development (HUD).

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).

Housing Recovery to Pick Up Steam in 2016, but Challenges Remain

Steady employment and economic growth, pent-up demand, affordable home prices and attractive mortgage rates will keep the housing market on a gradual upward trend in 2016. However, persistent headwinds related to shortages and availability of lots and labor, along with rising materials prices are impeding a more robust recovery, according to economists who participated in yesterday’s National Association of Home Builders (NAHB) Fall Construction Forecast Webinar

Attorney General Loretta E. Lynch Delivers Remarks at the Department of Housing and Urban...

Thank you, everyone, thank you Secretary [Julian] Castro, I am so glad to be here. Although I hear yesterday was really the day that you all had literally living history in your room celebrating here with you. You know, this is a conference in day about strengthening communities. I want to take just a few minutes to talk about some of the recent tragic events in some of our communities involving police shootings which affect us all. I strongly condemn these recent and brutal police shootings in Texas and Illinois.

GAO Recommends Joint IRS-HUD Oversight of the Housing Credit Program

The U.S. Government Accountability Office (GAO) yesterday released its report on federal oversight of the Low Income Housing Tax Credit program, which concludes that there are deficiencies in the Internal Revenue Service’s (IRS) oversight of the program and recommends that Congress consider designating HUD as a joint administrator of the program.

New case studies show promising ways affordable housing can improve health and decrease health...

Better living environments promote better health, and partnerships between housing and health care practitioners could mean improved outcomes for low-income individuals and families. Three new case studies released today by the National Housing Conference’s Center for Housing Policy highlight promising examples of how housing and health collaborations can improve the overall health and wellbeing of low-income individuals and families, while decreasing environmental hazards, emergency room visits, and overall health care costs

Report: High-Opportunity Neighborhoods In New York City Are Losing Affordable Housing

New York, NY - January 15, 2015 - (RealEstateRama) -- A new report by the NYU Furman Center finds that many property owners in New York City’s higher-amenity neighborhoods are converting their subsidized properties to market-rate when their affordability restrictions expire. As a result, the city is losing affordable housing in neighborhoods that may offer the greatest opportunities for residents, such as high-quality schools, lower crime rates, and greater access to jobs.

National Green Building Standard Approved for Military Housing in NDAA

WASHINGTON, D.C. - December 15, 2014 - (RealEstateRama) -- The National Association of Home Builders (NAHB) applauds Congress for authorizing the ICC 700 National Green Building Standard (NGBS) for all military residential construction, which represents 16 percent of the federal real estate portfolio. Passed today by the Senate, and last week by the House, the National Defense Authorization Act (NDAA) will provide affordable choices in meeting military energy and water reduction goals.

Green & Healthy Homes Initiative, National Center for Healthy Housing Support Healthy Homes Conference...

WASHINGTON, April 22, 2014 /3BL Media/ – Rebuilding Together, a national nonprofit with a vision of a safe and healthy home for every person, is pleased to announce that the Green & Healthy Homes Initiative (GHHI) and the National Center for Healthy Housing and its wholly-owned subsidiary, Healthy Housing Solutions, Inc. (NCHH/Solutions), will be Platinum Supporters of the 2014 National Healthy Homes Conference in Nashville May 28-30.

The American Institute of Architects Select Ten Recipients for the 2014 Housing Awards

Washington, D.C. - April 7, 2014 - (RealEstateRama) -- The American Institute of Architects (AIA) has selected ten recipients for the 2014 Housing Awards. The AIA’s Housing Awards program, now in its 14th year, was established to recognize the best in housing design and promote the importance of good housing as a necessity of life, a sanctuary for the human spirit and a valuable national resource.

Farm Bill Passage Helps Rural Housing Communities

WASHINGTON, D.C. - February 4, 2014 - (RealEstateRama) -- The Farm Bill approved by the Senate today and the House last week includes an important provision championed by the National Association of Home Builders (NAHB) that will enable millions of Americans to maintain access to critical rural housing programs.

HUD, HGTV, DIY Network, and Rebuilding Together Join to Fight Unsafe Housing Conditions

National Healthy Homes Conference to address serious health and safety concerns in housing WASHINGTON - November 20, 2013 - (RealEstateRama) -- Nearly 9 million American...

Meeting Tomorrow’s Housing Challenges; Rebuilding Together’s 2013 National Conference

WASHINGTON, D.C. - November 19, 2013 - (RealEstateRama) -- Rebuilding Together, a national nonprofit that repairs and rehabs the homes of low-income homeowners, held its National Conference in our nation’s capital at the Renaissance Washington, DC Downtown Hotel. This three-day high-impact event brought together hundreds of affiliate leaders from across the nation to attend focused workshops, plenary sessions, and facilitated networking.

Governor Patrick Announces over $73 Million to Build or Preserve 1,145 Housing Units and...

CAMBRIDGE - November 14, 2013 - (RealEstateRama) -- Governor Deval Patrick today announced over $73 million in affordable housing resources and tax credits for projects in 17 communities across the state, building on the Patrick Administration’s commitment to improving housing infrastructure to support growth and opportunity throughout the Commonwealth. During the announcement, Governor Patrick signed H.3492, “An Act Financing the Production and Preservation of Housing for the Low and Moderate Income Residents.”

National Center for Healthy Housing, Rebuilding Together and Wells Fargo Kick-Off Healthy Housing Challenge...

Washington, DC - October 2, 2013 - (RealEstateRama) -- Today, the National Center for Healthy Housing (NCHH), Rebuilding Together, and teams of Wells Fargo volunteers kick off the Healthy Housing Challenge. The project will make critical home repairs for low-income families, seniors, veterans, and persons with disabilities living in homes with health and safety threats, starts in nine cities

$1.4 Billion Housing Bond Bill Passes Legislature

WASHINGTON, D.C. - August 2, 2013 - (RealEstateRama) -- On Tuesday, July 30th, the Senate passed CHAPA’s top priority, the housing bond bill (H.3492). The bill authorizes $1.4 billion in capital spending over the next five years and extends the Low Income Housing Tax Credit at $20 million per year through 2020.

Testimony of Under Secretary for Domestic Finance Mary J. Miller Before the Senate Committee...

WASHINGTON, DC - July 11, 2013 - (RealEstateRama) -- Chairman Johnson, Ranking Member Crapo, and members of the Committee, thank you for inviting me to testify today on behalf of the Treasury Department.

OBAMA ADMINISTRATION EXTENDS APPLICATION DEADLINE FOR THE MAKING HOME AFFORDABLE PROGRAM

WASHINGTON, D.C. - May 30, 2013 - (RealEstateRama) -- The U.S. Department of the Treasury and the U.S. Department of Housing and Urban Development today announced an extension of the Obama Administration’s Making Home Affordable Program through December 31, 2015. The new deadline was determined in coordination with the Federal Housing Finance Agency (FHFA) to align with extended deadlines for the Home Affordable Refinance Program (HARP) and the Streamlined Modification Initiative for homeowners with loans owned or guaranteed by Fannie Mae and Freddie Mac. The Making Home Affordable Program has been a critical part of the Obama Administration’s comprehensive efforts to provide relief to families at risk of foreclosure and help the housing market recover from a historic housing crisis. The program deadline was previously

FHFA Extends HARP to 2015

Washington, DC - April 12, 2013 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac to extend the Home Affordable Refinance Program (HARP) by two years to December 31, 2015. The program was set to expire December 31, 2013

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

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.