HUD announces $10 million in “sweat equity” grants
The U.S. Department of Housing and Urban Development (HUD) today awarded $10 million in "sweat equity" grants to four non-profit self-help housing organizations which will create at least 535 affordable homes for hard-working, low-income...
Builder confidence climbs to 70 in May
Builder confidence in the market for newly-built single-family homes rose two points to a level of 70 in May after a downwardly revised April reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI)....
NAHB now accepting applications for multifamily Pillars of the Industry Awards competition
The National Association of Home Builders (NAHB) opened its general call for entries for the Multifamily Pillars of the Industry Awards competition. Multifamily owners and developers, builders, property managers, architects, interior designers and multifamily industry professionals are invited...
HUD approves agreement resolving allegations of housing discrimination involving two California apartment complexes
The U.S. Department of Housing and Urban Development (HUD) today announced it has approved a Conciliation Agreement between the Fair Housing Council of Riverside County (FHCRC) and the owners and property managers of Sierra...
Rising incomes boost housing affordability in first quarter of 2018
Strong wage growth more than offset an increase in mortgage interest rates to boost nationwide housing affordability in the first quarter of 2018, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI)...
Related Midwest marks installation of final steel beam at One Bennett Park in Downtown...
Developer Related Midwest and general contractor Lendlease this week marked the completion of structural steel work at One Bennett Park, Related’s ultra-luxury residential development at 451 E. Grand Ave. in Chicago’s Streeterville neighborhood. Designed...
Builder confidence in the 55+ housing market remains healthy in first quarter
Builder confidence in the single-family 55+ housing market dropped five points to 66 in the first quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) released today. The decline...
MBA forecasts slight decline for commercial/multifamily originations in 2018
The Mortgage Bankers Association (MBA) projects commercial and multifamily mortgage originations will decline slightly in 2018, ending the year at $519 billion, down two percent from the 2017 volumes. MBA expects volumes to remain...
New research on rent control confirms negative economic, social impacts
Rent control policies are laws that cap rents and are usually implemented with the stated purpose of improving housing affordability. In fact, they may do just the opposite, according to an in-depth review of...
Maytag Commercial Laundry offers a look at new multi-load washer production line
As part of the 59th Maytag Commercial Laundry Meeting in Fall River, Massachusetts,150 people gathered today including Fall River Mayor Jasiel Correia; City Councilman Cliff Ponte; and Bristol County Chamber of Commerce Manager of Business...
Water efficiency upgrades save multifamily housing providers $20,500 per property
A new study from Enterprise Community Partners (Enterprise) and Elevate Energy shows how affordable housing owners can save money, conserve resources and strengthen the long-term viability of their portfolios. The report found that smart...
Bathrooms overtake kitchens as most popular remodeling project, according to NAHB survey
Bathrooms overtook kitchens as the most popular remodeling project, according to a new survey released by the National Association of Home Builders (NAHB). NAHB released the survey results, which highlight the most common remodeling projects, to kick...
HUD reaches agreements with Florida, Virginia and California landlords settling claims of sexual harassment...
Today, the U.S. Department of Housing and Urban Development (HUD) announced three settlements of claims involving allegations of sexual harassment totaling approximately $125,000 in relief for complainants. The Fair Housing Act makes it illegal to...
New grant program will provide up to $1.6 million to Texas nonprofits to accelerate...
Nonprofits providing critical home repairs and other housing assistance to low-income Texas families affected by Hurricane Harvey can apply for grants from a new program launching this week. The Housing and Economic Assistance to Rebuild Texas...
2018’s best large cities to start a business
With April 29 kicking off National Small Business Week and sweeping business tax reform recently signed into law by President Donald Trump, the personal-finance website WalletHub today released its report on 2018’s Best Large...
