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House Energy Committee Needs To Take The Energy Efficiency Path Back To Bi-Partisanship
The Alliance to Save Energy opposes House passage of H.R. 8, the North American Energy Security and Infrastructure Act, as reported today by the House Energy and Commerce Committee on a largely partisan vote of 32 - 20. While there are provisions included in the bill that would advance energy efficiency to the benefit of consumers and businesses across the country, these represent small gains when considered alongside other provisions of the package that would significantly
Consumers Expect Lower Growth in Earnings and Household Spending
Consumer expectations in the September 2015 Survey of Consumer Expectations (SCE) show relatively stable median consumer inflation expectations at both the short and long term horizon. Inflation expectations, as well as median one-year ahead expected growth in the costs of several commodities (food, housing, medical, college education) are all at or near their lowest levels since the start of the survey in June 2013
Applications for New Home Purchases Increased in September
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2015 shows mortgage applications for new home purchases increased by 3 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns
Habitat for Humanity International appoints Tjada D’Oyen McKenna as chief operating officer
Habitat for Humanity International is pleased to welcome Tjada D’Oyen McKenna as the global housing ministry’s chief oper ating officer. McKenna will begin her new role with the organization Nov. 2
Can Drive Growth While Protecting Current Residents
With Detroit rebounding from bankruptcy and beginning to see rapid redevelopment, some fear the revitalization will end up pushing out low-income and minority residents. But a new report from the Detroit Corridor Initiative (DCI), a cross-sector partnership led by Capital Impact Partners, lays out key elements for how the city can successfully implement an inclusive growth strategy that grows the economy while protecting current and future residents.
AARP Launches National Caregiving Awareness Campaign: Show Kindness to 40 Million Caregivers During National...
Campaign will include a new AARP caregiving book, Random Acts of Kindness contest, virtual caregiving fair, and a special AARP The Magazine report featuring an intimate look into “24 hours in the life of caregivers”
Proposed Overtime Plan Will Hurt Workers, Small Businesses and Home Buyers
A U.S. Department of Labor (DOL) overtime proposal that would more than double the minimum salary threshold for white collar exemptions will hurt workers, small businesses, the residential construction sector and housing affordability, the National Association of Home Builders (NAHB) told Congress today
NAHB Chief Economist Awarded with Certified Business Economist Designation by National Association for Business...
All CBE candidates must have completed a four-year degree or equivalent prior to enrolling, must have two years of work experience in applied business economics or a related field and must pass a comprehensive practical examination. Candidates can choose a path of self-study for the qualifying exam or can attend courses developed by NABE to prepare.
Expanded Joint-Employer Definition Will Harm Housing Affordability, Small Businesses
A recent ruling by the National Labor Relations Board (NLRB) to expand its joint employer standard will hurt housing affordability and small businesses, a prominent Texas home builder told Congress today
New ConsensusDocs Owner & Energy Consultant Agreement
Speaking from the deck of the new Interstate 65 bridge in downtown Louisville, Gov. Steve Beshear announced today the bridge will open to two-way traffic ahead of schedule.
NCRC Celebrates Anniversary of the Signing of the Community Reinvestment Act
On the anniversary of the date the Community Reinvestment Act (CRA) was signed into law by President Jimmy Carter in 1977, National Community Reinvestment Coalition (NCRC) President and CEO John Taylor made the following statement
Builders Applaud Court Ruling Suspending EPA Water Rule
The National Association of Home Builders (NAHB) today commended the U.S. Court of Appeals for the Sixth Circuit for enacting a nationwide stay of the Environmental Protection Agency’s final regulations that dramatically expand the definition of “waters of the United States” under the Clean Water Act
SBA Administrator Contreras-Sweet, Realtors® Chief Economist Yun Put Commercial Lending in Focus
U.S. Small Business Administrator Maria Contreras-Sweet today joined National Association of Realtors® Chief Economist Lawrence Yun at an event highlighting small business issues and commercial real estate.
Building Innovation 2016 Keynote Speakers to Share Unique Perspectives
Each year for its conference, the National Institute of Building Sciences staff looks to enlist expert keynote speakers that will build on the event’s theme while engaging and educating conference attendees. For Building Innovation 2016: The Institute’s Fourth Annual Conference & Expo, scheduled for Monday-Friday, January 11-15, 2016, at the Washington Marriott Wardman Park in Washington, D.C., the keynote lineup is set to present diverse and informative perspectives on Achieving a Resilient Future.
MEREDA’s Morning Menu Event: Real Estate Partnerships: How to make money while keeping your...
In today’s complicated real estate market, rarely can one party bring all the resources needed to complete an ambitious real estate project. Whether it be capital, know-how or a below-market purchase option on a buildable lot in the East End, developers need partners! While partnerships present a great opportunity, they also have unique legal, tax and operating attributes that can ruin your longest friendship if not handled properly.
2015 Chair of The Counselors of Real Estate® To Speak at RED Forum in...
Noah D. Shlaes., CRE®, 2015 chair of The Counselors of Real Estate,, the invitation-only international association of top-level real estate advisors headquartered in Chicago, will represent the organization as he delivers the keynote address at the RED (Real Estate and Development) Forum in Athens, Greece, October 13.
Low-cost wind energy can play key role in California’s renewable energy future
California Gov. Jerry Brown signed landmark legislation to get 50 percent of the state’s electricity from zero-carbon renewable sources within 15 years. American wind power applauded the governor and the bill’s author, Senate leader Kevin De Leon, saying wind can help California meet these goals cost-effectively and reliably
Institute Kicks Off Effort to Develop National BIM Guideline for Owners
The National Institute of Building Sciences (NIBS) is kicking off development of a new guideline to help building owners and their design teams utilize building information modeling (BIM) during the building design, construction and operations process and to better support owners’ performance requirements
Student Housing Development, Construction Costs on the Rise
Over the past few years, there’s been a lot of student housing development activity. So many of the available, truly pedestrian-to-campus locations have already been snapped up. However, despite the scarcity of opportunity sites, investor and industry preference remains for these infill locations so there is a willingness to bid more for the site, resetting land prices with every deal.
More Capital Drives Student Housing Prices
The student housing sector’s solid fundamentals and positive outlook continues to gain the attention of capital sources. Both debt and equity are widely available as traditional sources of capital mix with newly available debt and equity vehicles. More institutional players are active and a lot of foreign capital is coming in through them or directly through joint ventures with local operators. Similarly, well capitalized, large homebuilders and military housing contractors are also entering the space