Press State Government and Public Real Estate News

Staff members from the LeadingAge Center for Applied Research lent their expertise to 2 recent initiatives sponsored by the U.S. Department of Housing and Urban Development (HUD) to shine a spotlight on aging in place.

Robyn Stone, the center’s executive director, was interviewed about aging in place for the Fall 2013 issue of Evidence Matters, a newsletter from HUD’s Office of Policy Development and Research (PD&R). more »

Crownsville, MD – More than seven years ago, the nation plunged into a prolonged economic downturn, triggered by the foreclosure crisis and the collapse of the housing market.

The account of Maryland’s response to those unprecedented challenges is told in “Better Choices, Better Results in Housing and Community Development,” DHCD’s 2013 annual report. more »

A vacant building in suburban Oak Park has been transformed into quality affordable rental housing to enable low-income individuals and people with disabilities to live near work. On behalf of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) representatives today joined Cook County Board President Toni Preckwinkle and other public-private partners to celebrate the grand opening of Grove Apartments. more »

One government shutdown and nearly 4 months later, Congress finally completed fiscal year (FY) 2014 funding on January 17. We were relieved and excited to see an increase for HUD’s McKinney-Vento Homeless Assistance Grants ($176 million increase, including an expansion of ESG funds) and some extra funds for homeless assistance programs within VA. more »

There was a time when renters had their choice of apartments at a variety of monthly rates.

That’s not necessarily the case anymore, with some landlords putting applicants on waiting lists and apartments renting for less than $1,000 a month becoming scarce.

A recent check of online rentals showed a low rent of $800 a month for a two-bedroom apartment in Attleboro, with typical listings ranging between $1,000 and $1,200. more »

Valley real-estate photographers are using drones to shoot aerial shots of residential properties despite a federal ban on the use of unmanned aircraft.

Using lightweight radio-controlled helicopters to shoot photos and videos that show homes in context to neighbors, golf courses and other nearby landmarks, the photographers are finding ways to work around federal rules. more »

While it is not finalized yet, it appears likely that the FY14 Appropriations funding will be passed by both the House and Senate and signed by the president this weekend. The Omnibus Bill has been released under the larger agreement agreed to late last year by Senator Patty Murray and Congressman Paul Ryan. Here are the preliminary HUD numbers as they stand now. more »

NAIOP joined together with peer real estate organizations to issue a letter to Senator Max Baucus (D-Mont.), chairman or the Senate Committee on Finance, regarding the proposed reforms to cost recovery and tax accounting rules included in the Senate Finance Committee staff discussion draft released on November 21, 2013. more »

Jumbo mortgages — gigantic loans which historically have been much-more expensive than FHA, VA and conventional financing — are selling at a discount. In fact, at the start of December elephantine loans were cheaper than conventional mortgages. more »

Today there are 29,724 ICC 700 National Green Building Standard certified homes and lots. As the residential green code is on the cusp of eclipsing 30,000 certifications, more than a dozen governments across the country are evaluating adopting mandates or incentives tied to ICC 700. more »

How LeadingAge Helped HUD Explore Aging in Place

Staff members from the LeadingAge Center for Applied Research lent their expertise to 2 recent initiatives sponsored by the U.S. Department of Housing and Urban Development (HUD) to shine a spotlight on aging in place.

Robyn Stone, the center’s executive director, was interviewed about aging in place for the Fall 2013 issue of Evidence Matters, a newsletter from HUD’s Office of Policy Development and Research (PD&R). more »

“Better Choices, Better Results in Housing and Community Development,” 2013 Annual Report, Now Available Online

Crownsville, MD – More than seven years ago, the nation plunged into a prolonged economic downturn, triggered by the foreclosure crisis and the collapse of the housing market.

The account of Maryland’s response to those unprecedented challenges is told in “Better Choices, Better Results in Housing and Community Development,” DHCD’s 2013 annual report. more »

State Expands Affordable Housing Options for Individuals and People with Disabilities in Oak Park

A vacant building in suburban Oak Park has been transformed into quality affordable rental housing to enable low-income individuals and people with disabilities to live near work. On behalf of Governor Pat Quinn, Illinois Housing Development Authority (IHDA) representatives today joined Cook County Board President Toni Preckwinkle and other public-private partners to celebrate the grand opening of Grove Apartments. more »

Congress Approves Homeless Funding, But How Much?

One government shutdown and nearly 4 months later, Congress finally completed fiscal year (FY) 2014 funding on January 17. We were relieved and excited to see an increase for HUD’s McKinney-Vento Homeless Assistance Grants ($176 million increase, including an expansion of ESG funds) and some extra funds for homeless assistance programs within VA. more »

Rental market heating up in area

There was a time when renters had their choice of apartments at a variety of monthly rates.

That’s not necessarily the case anymore, with some landlords putting applicants on waiting lists and apartments renting for less than $1,000 a month becoming scarce.

A recent check of online rentals showed a low rent of $800 a month for a two-bedroom apartment in Attleboro, with typical listings ranging between $1,000 and $1,200. more »

Federal ban on drones doesn’t stop photography

Valley real-estate photographers are using drones to shoot aerial shots of residential properties despite a federal ban on the use of unmanned aircraft.

Using lightweight radio-controlled helicopters to shoot photos and videos that show homes in context to neighbors, golf courses and other nearby landmarks, the photographers are finding ways to work around federal rules. more »

Budget Outlook for Supportive Housing and Homeless Programs

While it is not finalized yet, it appears likely that the FY14 Appropriations funding will be passed by both the House and Senate and signed by the president this weekend. The Omnibus Bill has been released under the larger agreement agreed to late last year by Senator Patty Murray and Congressman Paul Ryan. Here are the preliminary HUD numbers as they stand now. more »

NAIOP and Real Estate Response to Senate Proposed Reforms to Cost Recovery, Tax Accounting Rules

NAIOP joined together with peer real estate organizations to issue a letter to Senator Max Baucus (D-Mont.), chairman or the Senate Committee on Finance, regarding the proposed reforms to cost recovery and tax accounting rules included in the Senate Finance Committee staff discussion draft released on November 21, 2013. more »

Why Jumbo Mortgages Are So Cheap

Jumbo mortgages — gigantic loans which historically have been much-more expensive than FHA, VA and conventional financing — are selling at a discount. In fact, at the start of December elephantine loans were cheaper than conventional mortgages. more »

ICC 700 Residential Green Certifications Will More Than Double in 2014

Today there are 29,724 ICC 700 National Green Building Standard certified homes and lots. As the residential green code is on the cusp of eclipsing 30,000 certifications, more than a dozen governments across the country are evaluating adopting mandates or incentives tied to ICC 700. more »

 
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