Monday, December 23, 2024

Apartment watch

Things to watch, what to know, in your apartment operation

HUD awards $144 million to revitalize five neighborhoods

U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced five communities across the country will receive a combined $144 million to redevelop severely distressed public or assisted housing and to revitalize surrounding...

Real estate industry collaborates to fill talent pipeline

Twenty-nine real estate industry organizations, representing more than 10 million jobs, announced a ground-breaking collaboration to highlight the diverse career paths within the real estate sector. The first initiative of this collaboration is a new...

Call for entries now open for NAHB’s sales and marketing awards—’The Nationals’

The Nationals?—the National Association of Home Builders' national sales and marketing awards program—is open for entries. Honoring the best in new-home sales, marketing and design, The Nationals competition acknowledges superior new-home sales and marketing achievements by individual sales...

Utility Revenue Services expands LED division in time for Energy Star’s baseline reset

Utility Revenue Services, a decade-long-plus player in utility revenue recovery for apartment properties, has extended its offerings to include LED lighting analyses and related capital projects. Rapid advancements in solid state lighting along with...

Housing starts fall 12.3 percent as tariffs draw increased concern

Total housing starts fell 12.3 percent in June to a seasonally adjusted annual rate of 1.17 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department. The June...

Builder confidence stays at healthy level in July

Builder confidence in the market for newly-built single-family homes remained unchanged at a solid 68 reading in July on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Consumer demand for single-family homes is holding strong...

HUD awards $43 million to help end youth homelessness

To help end youth homelessness, the U.S. Department of Housing and Urban Development (HUD) is awarding $43 million to 11 local communities, including five rural areas, through its Youth Homelessness Demonstration Program (YHDP). This...

HUD approves US Virgin Islands’ $243 million disaster recovery plan

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and...

HUD charges New York developer, owner, construction company, and architect with discriminating against persons...

The U.S. Department of Housing and Urban Development (HUD) announced today that it charged a New York-based developer, owner, construction company and architect with housing discrimination for failing to design and construct a condominium...

HUD approves $616 million Florida disaster recovery plan

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson announced he is approving a disaster recovery plan to help Floridians recover from Hurricane Irma. In November, HUD allocated $616 million to the Sunshine...

HUD announces winners of 2018 Healthy Homes Awards

The U.S. Department of Housing and Urban Development (HUD) and the National Environmental Health Association (NEHA) are pleased to announce the winners of the 2018 HUD Secretary’s Award for Healthy Homes, an award recognizing...

HUD charges Alabama property management company and its property manager with discriminating against families...

The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Mobile, Alabama-based Bienville Property Management, Inc., which does business as Showhomes Mobile and Baldwin Counties, and its property manager...

HUD warns California landlords for failing to comply with lead safety regulations

The U.S. Department of Housing and Urban Development (HUD) today announced it issued notices of violation against the owners of eight HUD-assisted properties throughout California for violations of HUD’s lead safety rules and regulations. These...

Commercial/multifamily mortgage debt outstanding posts largest Q1 increase since before Great Recession

The level of commercial/multifamily mortgage debt outstanding increased by $44.3 billion in the first quarter of 2018 as all four major investor groups increased their holdings. That is a 1.4 percent increase over the...

HUD approves $5 billion Texas disaster recovery plan

U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help Texans recover from Hurricane Harvey. In November, HUD Deputy Secretary Pamela Hughes...
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