Commercial and multifamily mortgage bankers are expected to close $248 billion of loans backed by income-producing properties in 2020, a 59 percent decline from 2019's record volume of $601 billion, according to a new forecast released today
John “Chuck” Fowke, a Tampa, Fla.-based custom home builder with 40 years of experience in the home building industry, was named chairman of the National Association Home Builders (NAHB) during the association’s Spring Leadership Meeting
U.S. Department of Agriculture (USDA) Rural Development State Director John Huffman today announced that USDA is providing $6 million to expand high-speed broadband infrastructure that will provide e-Connectivity for nearly 650 new customers
Department of Energy Releases Annual Wind Market Reports, Finding Robust Wind Power Installations and...
The U.S. Department of Energy (DOE) has released annual market reports documenting data and trends in wind installations, technologies, costs, prices, and performance through the end of 2018 for three sectors
National Institute of Building SciencesPresident and CEO Lakisha Ann Woods has joined the U.S. Green Building Council board of directors.
Mayor Bowser broke ground on the Ward 1 Short-Term Family Housing, the final building in the Mayor’s plan to replace the DC General Family Shelter with dignified, service-enriched programs across DC. Programs in Wards 4, 7, and 8 opened in Fall 2018, programs in Wards
MAYOR LONDON BREED, SUPERVISOR CATHERINE STEFANI, AND COMMUNITY LEADERS CELEBRATE THE REOPENING OF AFFORDABLE...
Mayor London N. Breed, Supervisor Catherine Stefani, and community leaders today celebrated the rehabilitation and grand reopening of two former public housing properties serving seniors and people with disabilities in the lower Pacific Heights neighborhood
As people across the country struggle to address critical needs like housing and employment, collaboration is key to achieving solid results. Identifying 'change agents' in a region who lead others to a better situation is critical. Residents know best what's working and what's not in their neighborhoods, and often have the local knowledge and insight to solve problems effectively.
Atlanta REALTORS® (ARA), the largest association of its kind in Georgia, released its March 2018 Market Brief on residential housing statistics for 11 area counties in metropolitan Atlanta. The Market Brief, compiled by First Multiple Listing Service (FMLS), provides the only regionally-focused synopsis of monthly sales and home prices for single family residential properties.
The Mortgage Bankers Association (MBA) Builder Applications Survey (BAS) data for April 2018 shows mortgage applications for new home purchases increased 7.5 percent compared to April 2017. Compared to March 2018, applications decreased by 5 percent. This change does not include any adjustment for typical seasonal patterns.
Ginnie Mae today announced that issuance of its mortgage back securities (MBS) totaled $30.31 billion in March. A breakdown of March’s issuance includes $28.659 billion of Ginnie Mae II MBS and $1.651 billion of Ginnie Mae I MBS, which includes $1.412 billion of loans for multifamily housing.
More than one-third of middle-income adults lack emergency savings; renters and low-income consumers are...
The rainy day fund for many middle- and low-income households is empty, according to the fifth annual NeighborWorks America consumer finance survey. The poll found that 38 percent of all households with incomes below $75,000 have no money saved for an emergency, and 59 percent of those with incomes below $20,000 are without any emergency cash reserves.
The National Recreation and Park Association (NRPA), Indy Parks and the Indianapolis Parks Foundation are proud to announce that Sandorf Park has been chosen for NRPA’s 2018 Parks Build Community project.
Washington D.C. Mayor Names Capital Impact Partners To Help Manage New Affordable Housing Preservation...
Institutions (CDFIs), will manage the District’s newly created $10 million Affordable Housing Preservation Fund. The Mayor’s Housing Preservation Strike Force recommended the creation of this Fund, located within the Department of Housing and Community Development (DHCD), to increase the preservation of affordable housing in the District.
The office of Congresswoman Eleanor Holmes Norton (D-DC) today announced that the House Rules Committee is scheduled to consider amendments to the fiscal year 2018 District of Columbia Appropriations bill, including Norton’s amendments to strike all four anti-home-rule riders from the bill, during a markup tomorrow, Wednesday, September 6, 2017, in H-312 (U.S. Capitol).
June is National Homeownership Month and the District of Columbia Housing Finance Agency (DCHFA) is announcing its first closing of the Home Purchase Assistance Program (HPAP). On June 12, Leonidas Saturria Rosario and Lurden Martinez de Saturria became homeowners with the assistance of the HPAP program. “We are happy and satisfied that our prayers of being homeowners have been answered. We are not priced out of the market and can afford to stay in D.C. thanks to HPAP.”
City residents less financially confident than suburban and rural counterparts, finds new survey from...
Pressured by the high cost of housing and other living expenses, 31 percent of American adults living in urban areas are "not too confident" or "not confident at all" of their ability to withstand a sudden financial emergency, according to the fourth annual NeighborWorks America consumer finance survey. In contrast, just 28 percent of rural adults and 25 percent of suburban residents reported a similar lack of confidence.
During his visit to the state today, Agriculture Secretary Tom Vilsack announced that USDA is investing in several energy efficiency and renewable energy projects in Wyoming.
ANCHORAGE, AK, June 27, 2014 –- June 30, 2014 - (RealEstateRama) -- Alaska Housing Finance Corporation (AHFC) is awarding more than $5.9 million in homeless assistance funds through its Basic Homeless Assistance Program.
Cardin Visits Southern Maryland for Solutions to Maryland’s Foreclosure Crisis Maryland currently has the...
Waldorf, Md. - June 12, 2014 - (RealEstateRama) -- U.S. Senator Ben Cardin (D-Md.), a member of the Senate Finance Committee, convened a gathering of local housing officials, REALTORS and others working to assist Marylanders before and during the forec...