Housing

Prison Fellowship’s Statement After Biden Administration Declares April 2024 as Second Chance Month

Retrieved on: 
Monday, April 1, 2024
Employment, Crime, Organization, White, Prisoner, Fellow, Food, Woman, Housing, Prison Fellowship, Presidential proclamation (United States), Legislation, Second Chance Month, Human, Drug

Washington, D.C., April 01, 2024 (GLOBE NEWSWIRE) -- Prison Fellowship , the nation’s largest Christian nonprofit serving prisoners, former prisoners, and their families, released the following statement after President Joseph R. Biden, Jr. proclaimed April 2024 as Second Chance Month.

Key Points: 
  • Washington, D.C., April 01, 2024 (GLOBE NEWSWIRE) -- Prison Fellowship , the nation’s largest Christian nonprofit serving prisoners, former prisoners, and their families, released the following statement after President Joseph R. Biden, Jr. proclaimed April 2024 as Second Chance Month.
  • “We are grateful that the White House has once again issued a presidential proclamation addressing the importance of second chances for formerly incarcerated individuals,” said Heather Rice-Minus , president and CEO of Prison Fellowship.
  • “We support fair legislation that provides formerly incarcerated individuals who have served their sentences with the opportunity to rebuild their lives, strengthen family bonds, and contribute to society.”
    To view the 2024 Presidential Proclamation, click here .
  • Prison Fellowship is the nation's largest outreach to prisoners, former prisoners, and their families, and a leading voice for criminal justice reform.

Mortgage Rates Drop Slightly

Retrieved on: 
Thursday, March 28, 2024
Consumer, Freddy, FRM, OTCQB, Freddie Mac, Housing, FMCC, Real estate

MCLEAN, Va., March 28, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.79 percent.

Key Points: 
  • MCLEAN, Va., March 28, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.79 percent.
  • “Mortgage rates moved slightly lower this week, providing a bit more room in the budgets of some prospective homebuyers,” said Sam Khater, Freddie Mac’s Chief Economist.
  • “We also are seeing encouraging data on existing home sales, which reflects improving inventory.
  • Regardless, rates remain elevated near seven percent as markets watch for signs of cooling inflation, hoping that rates will come down further.”
    The 30-year FRM averaged 6.79 percent as of March 28, 2024, down from last week when it averaged 6.87 percent.

CAPREIT Announces $216MM in Strategic Transactions

Retrieved on: 
Thursday, March 28, 2024
NAV, Acquisition, Sale, Trust, TSX, Housing, CAPREIT

CAPREIT has also completed the acquisition of two strategically aligned, newly constructed purpose-built rental properties in Canada for $130.0 million.

Key Points: 
  • CAPREIT has also completed the acquisition of two strategically aligned, newly constructed purpose-built rental properties in Canada for $130.0 million.
  • CAPREIT has secured a Right of First Offer on the neighbouring site, once the apartment is constructed.
  • We are very happy to have been able to work with the BC RPF on these important transactions.
  • We’ve used the proceeds to accretively repurchase $27 million of CAPREIT units, at a discount to NAV, with the remainder of the proceeds used to repay debt.

A Slow Rebound for Canada

Retrieved on: 
Thursday, March 28, 2024
Conference Board of Canada, Conference, The Conference Board, Growth, Unemployment, Risk, Research, Policy, Housing, Investment, GDP, Retirement, Government

“While Canada should expect a slow recovery this year, momentum will pick up in 2025, with growth forecast to rise by 2.3 per cent.”

Key Points: 
  • “While Canada should expect a slow recovery this year, momentum will pick up in 2025, with growth forecast to rise by 2.3 per cent.”
    Housing markets continue to be a focal point of policy discussions and initiatives across all levels of government.
  • Efforts to address the critical housing supply shortage and affordability challenges are underway, but progress remains hampered by slow policy reforms, labour constraints and high interest rates.
  • The labour market in Canada faces its own challenges, as high interest rates curb economic expansion and labour demand.
  • However, it is uncertain whether these early investments will spark a larger productivity rebound in Canada.

THE NEWS FORUM: GenZ/Millennials in heated debate over housing, climate change, sustainability, healthcare and foreign aid with influencer guests Anthony Feor (Liberal) and Jonathan Harvey (Conservative)

Retrieved on: 
Thursday, March 28, 2024
Millennials, The News Forum, My Generation, Aid, Climate, Social media, Housing, Generation Z, Genz

What does this mean for the political landscape going into our next federal election?

Key Points: 
  • What does this mean for the political landscape going into our next federal election?
  • This is the question that host Samuel Miele and his two panelists — Anthony Feor and Jonathan Harvey wanted to explore on this extended episode of “My Generation”.
  • “Despite common narratives, Gen Z wants to understand individual policies to make an informed decision when voting,” said Samuel Miele, host of “My Generation”.
  • The goal of each show is to explore different perspectives and opinions, through balanced, articulate conversation, and encouraging open dialogue.

Canada’s construction sector is poised to grow through 2033

Retrieved on: 
Thursday, March 28, 2024
Mactaquac Dam, Occupation, Employment, Government, Growth, Construction, Education, Engineering, Woman, Housing, Workforce, Retirement, Indigenous peoples, Ageing

Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector.

Key Points: 
  • Canada’s construction sector experienced a slight contraction in 2023, as growth in the non-residential sector was offset by a moderate decline in activity in the residential sector.
  • Despite this trend, the industry continues to perform at an elevated level, and is poised to grow through 2033.
  • Non-residential employment is projected to grow almost continuously across the forecast period, reaching a peak of 7% above 2023 levels by 2033.
  • The outlook for Saskatchewan’s construction sector is dominated by growth in the residential sector, which is projected to strengthen between 2025 and 2028 and remain elevated to 2033.

WellSpan Health Details Commitment to Reimagining Healthcare in its Annual Community Impact Report

Retrieved on: 
Wednesday, March 27, 2024
Health, Culture, Conditional sentence, Organization, Recycling, Path, Patient, Transport, Food, WellSpan Health, Housing, Investment, Plastic, South Central Pennsylvania, Nursing

York, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- WellSpan Health is committed to taking health care beyond just treatment.

Key Points: 
  • York, Pa., March 27, 2024 (GLOBE NEWSWIRE) -- WellSpan Health is committed to taking health care beyond just treatment.
  • With a mission of enhancing health, ensuring lifelong wellness and fostering healthy communities, the impact WellSpan is making in the communities it serves is unmatched.
  • "WellSpan is a trusted partner that is vital to the health and stability of the communities we serve," said Roxanna Gapstur, Ph.D., R.N., president and CEO, WellSpan Health.
  • That’s our commitment to this region we call home.”
    Provided $1.5 million in Community Partnership Grants to non-profit organizations that supported initiatives that advanced our Community Health Needs Assessment priorities.

Cost of adding undue energy conservation measures reach tipping point: RESCON

Retrieved on: 
Wednesday, March 27, 2024
Electricity, Climate change, Tax, Country Homes, Washington, Policy, Housing, Analysis, Natural Resources Canada, Real estate

“Through regulatory mandates, there is a move to fully electrify all new buildings and homes to meet net-zero targets in order to combat climate change,” says RESCON president Richard Lyall.

Key Points: 
  • “Through regulatory mandates, there is a move to fully electrify all new buildings and homes to meet net-zero targets in order to combat climate change,” says RESCON president Richard Lyall.
  • Findings showed discrepancies between annual energy use simulation software and the homes’ actual performance, consuming more energy than predicted.
  • Given the ongoing housing affordability crisis, the limited energy savings homeowners realize from added conservation measures do not always justify the incremental construction costs imposed on new housing.
  • RESCON is the province’s leading association of residential builders committed to providing leadership and fostering innovation in the industry.

Southeastern Bank and Federal Home Loan Bank of Atlanta Award $270,000 Grant to Support Temporary Housing for Homeless Veterans

Retrieved on: 
Wednesday, March 27, 2024
Mental, Bank, Senior, Veteran, Housing, Federal Home Loan Banks, Real estate

DARIEN, Ga., March 27, 2024 (GLOBE NEWSWIRE) -- Southeastern Bank and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that a $270,000 grant has been awarded to Golden Isles Veterans Village, a development of 30 tiny homes and a community center for homeless veterans in Brunswick, Georgia.

Key Points: 
  • DARIEN, Ga., March 27, 2024 (GLOBE NEWSWIRE) -- Southeastern Bank and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that a $270,000 grant has been awarded to Golden Isles Veterans Village, a development of 30 tiny homes and a community center for homeless veterans in Brunswick, Georgia.
  • The funds from FHLBank Atlanta’s Multifamily Housing Bridge Fund (Bridge Fund) were awarded to Golden Isles Veterans Village through Southeastern Bank, which is a member of FHLBank Atlanta.
  • “Southeastern Bank has a long history of serving our communities beyond our financial products and services,” said Jay Torbert, CEO of Southeastern Bank.
  • Golden Isles Veterans Village is among 28 projects that received funding from FHLBank Atlanta through member banks like Southeastern Bank, which applied for Bridge Fund grants to support their communities.

CanStays Rental Alliance to Convene Federal Minister Leblanc, Alberta Minister Schow, and Major Industry Players to Discuss Short-Term Rentals        

Retrieved on: 
Wednesday, March 27, 2024
Public security, Conference, MP, Insurance, WestJet, Housing, Safety

With esteemed industry partners like Airbnb, Beyond Pricing, and WestJet Airlines in attendance, alongside distinguished elected officials including the Hon.

Key Points: 
  • With esteemed industry partners like Airbnb, Beyond Pricing, and WestJet Airlines in attendance, alongside distinguished elected officials including the Hon.
  • Dominic LeBlanc, Federal Minister of Public Safety and Intergovernmental Relations, the Hon.
  • CanStays Rental Alliance partners like Airbnb have demonstrated their commitment to combating human trafficking by dedicating substantial grant funding towards related initiatives.
  • The conference represents a critical step towards balancing growth with responsibility and setting new standards for a safer, more ethical rental landscape across Canada.