Public housing in the United States

Global Automotive Head-Up Display (HUD) Market Report 2021 with Focus on Bosch, Continental, Panasonic, Denso, Visteon, Nippon, Pioneer, Yazaki, Garmin, LG Display - ResearchAndMarkets.com

Friday, June 11, 2021 - 12:59pm

The "Automotive Head-Up Display (HUD) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Automotive Head-Up Display (HUD) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • Conventional HUD, one of the segments analyzed in the report, is projected to record 27.6% CAGR and reach US$2.8 Billion by the end of the analysis period.
  • The U.S. Market is Estimated at $251.9 Million, While China is Forecast to Grow at 27.7% CAGR
    The Automotive Head-Up Display (HUD) market in the U.S. is estimated at US$251.9 Million in the year 2020.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.5% and 24.4% respectively over the 2020-2027 period.

PetScreening Closes $3 Million in Series A Funding

Thursday, June 10, 2021 - 12:21pm

The other firms were part of PetScreening's Series Seed funding.

Key Points: 
  • The other firms were part of PetScreening's Series Seed funding.
  • The funding has already enabled the company to hire James Jenkins as associate legal counsel and Andrew Hartman as chief growth officer.
  • Via the PetScreening platform, a rental applicant enters information about their pets into the only centralized pet-screening database to analyze rental housing-related risk.
  • PetScreening streamlines the assistance animal accommodation request review process while following HUD guidelines, and it helps limit unauthorized pets.

Following Tenure as Deputy Secretary of HUD, Brian Montgomery Rejoins Radian Board

Tuesday, June 8, 2021 - 3:25pm

Radian Group Inc. (NYSE:RDN) today announced that Brian D. Montgomery has rejoined its Board of Directors following the completion of his second tenure at the U.S. Department of Housing & Urban Development (HUD), most recently serving as the Deputy Secretary of HUD.

Key Points: 
  • Radian Group Inc. (NYSE:RDN) today announced that Brian D. Montgomery has rejoined its Board of Directors following the completion of his second tenure at the U.S. Department of Housing & Urban Development (HUD), most recently serving as the Deputy Secretary of HUD.
  • A highly distinguished public servant, prior to his most recent role as Deputy Secretary, Montgomery served as FHA Commissioner from 2005 to 2009 and from 2018 to 2020.
  • We are delighted to welcome Brian back to Radians Board of Directors, and we congratulate him on completing his second tenure at HUD, said Herb Wender, Radians Chairman.
  • On June 7, 2020, Radians Board increased the size of the board to eleven and appointed Montgomery to serve a new term.

FOURMIDABLE Named 'Affordable 100' Company

Wednesday, June 2, 2021 - 2:08pm

"Being recognized by NAHMA has become a company goal for us," said Michael Schocker, president of FOURMIDABLE.

Key Points: 
  • "Being recognized by NAHMA has become a company goal for us," said Michael Schocker, president of FOURMIDABLE.
  • FOURMIDABLE is a national real estate management and brokerage company that specializes in managing, marketing and leasing market rate, tax credit, senior and family government assisted, public housing and rural development apartment communities.
  • Founded in 1975, FOURMIDABLE currently manages 70 communities in 11 states, with approximately 7,255 units under management.
  • FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other State Agencies.

CARES Act Emergency Rental Assistance Program Funds Available Through DHA, Housing Solutions for North Texas

Tuesday, June 1, 2021 - 3:00pm

DHA, Housing Solutions for North Texas (DHA) announced today that applications for Emergency Rental Assistance are now open at DallasRentRelief.com.

Key Points: 
  • DHA, Housing Solutions for North Texas (DHA) announced today that applications for Emergency Rental Assistance are now open at DallasRentRelief.com.
  • The City of Dallas COVID-19 Emergency Rental Assistance Program (ERAP) is funded by the federal Coronavirus Aid, Relief, and Economic Security (CARES) Act .
  • DHA, Housing Solutions for North Texas provides quality, affordable housing to low-income families and individuals through the effective and efficient administration of housing assistance programs.
  • DHA provides housing opportunities to ~55,000 people through public housing developments and Housing Choice Voucher (Section 8) programs.

Bravo Capital Names Ernest Benjamin, Jr. as Chief Credit Officer and FHA Chief Underwriter

Wednesday, May 19, 2021 - 1:00pm

b'NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) -- Bravo Capital , a national direct HUD lender, named Ernest Benjamin, Jr. as Chief Credit Officer and FHA Chief Underwriter.\xc2\xa0 Mr. Benjamin joins Bravo Capital to lead the company\xe2\x80\x99s HUD financing underwriting and credit approval departments.\xc2\xa0 Mr. Benjamin\xe2\x80\x99s extensive nationwide HUD financing experience will be an asset to Bravo.\nMr.

Key Points: 
  • b'NEW YORK, May 19, 2021 (GLOBE NEWSWIRE) -- Bravo Capital , a national direct HUD lender, named Ernest Benjamin, Jr. as Chief Credit Officer and FHA Chief Underwriter.\xc2\xa0 Mr. Benjamin joins Bravo Capital to lead the company\xe2\x80\x99s HUD financing underwriting and credit approval departments.\xc2\xa0 Mr. Benjamin\xe2\x80\x99s extensive nationwide HUD financing experience will be an asset to Bravo.\nMr.
  • Benjamin joins Bravo with over 20 years of underwriting experience building the financing groups at some of the most prominent financing firms in the U.S.\xc2\xa0 Throughout his career, Mr. Benjamin has been known for his leadership and ability to deliver the highest quality underwriting with the speed institutional clients demand.\xc2\xa0 He is a respected voice in the HUD financing industry, and serves as a board member of the Healthcare Mortgagee Advisory Council.
  • \xc2\xa0Professionally, Mr. Benjamin was a Chief Underwriter and Senior Vice President with Walker & Dunlop where he was previously responsible for managing the underwriting and due diligence process for FHA/HUD insured multifamily and healthcare loans.\xc2\xa0 While there, he helped establish the foundation for the FHA/HUD platform which has since grown into an industry leader.\nPrior to joining Walker & Dunlop, Mr. Benjamin was a consultant with Deutsche Bank Berkshire Mortgage and a Risk Officer/Underwriter with Wachovia Multifamily Capital, Inc. where he worked primarily as an FHA Underwriter.\xc2\xa0 Over the course of his career, Mr. Benjamin has successfully underwritten and closed upwards of $750 million in FHA/HUD insured loans.\nMr.
  • \xe2\x80\x9cIn addition, Ernest\xe2\x80\x99s integrity and leadership are unparalleled.\xe2\x80\x9d\nBravo Capital is a direct HUD lender, which finances projects across the United States.\xc2\xa0 Bravo leadership has overseen in excess of $3 billion in HUD financings last year.\xc2\xa0 To learn more, visit https://bravocapital.com .\n'

Dwight Capital Finances Over $468 MM in April 2021

Thursday, May 13, 2021 - 2:00pm

b'Dwight Capital financed in excess of $468 MM (including Interest Rate Reductions) during April.

Key Points: 
  • b'Dwight Capital financed in excess of $468 MM (including Interest Rate Reductions) during April.
  • The Village at Gainesville provides its residents with services including assisted living, memory care, and board and care.
  • It also runs a Vitality Program, which offers its residents customized wellness plans to optimize their well-being.
  • Dwight Capital is also one of the largest FHA/HUD lenders for multifamily and healthcare properties in the United States and services in excess of $7 billion of commercial real estate loans.\nFor more information about Dwight Capital, please visit: www.dwightcapital.com\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210513005176/en/\n'

Century celebrates The Beacon, new home for more than 200 Long Beach veterans and seniors

Tuesday, May 4, 2021 - 7:55pm

"\n"There\'s no denying that this past year has been a very difficult and painful year on many, many levels," said Century Housing Senior Vice President Brian D\'Andrea.

Key Points: 
  • "\n"There\'s no denying that this past year has been a very difficult and painful year on many, many levels," said Century Housing Senior Vice President Brian D\'Andrea.
  • "This development represents a source of light and hope for all of us, including the more than 200 residents who now call The Beacon home along with the larger Long Beach community.
  • "This is a valuable and beautiful project that enhances the strong network of neighborhoods that sustain and promote a thriving Long Beach.
  • For information on Century Housing, visit http://www.centuryhousing.org .\nCentury Housing Corporation is a mission driven 501(c)3 nonprofit organization that engages in the financing and development of affordable housing.

FOURMIDABLE adds two more apartment communities to their portfolio

Thursday, April 29, 2021 - 2:15pm

We are excited to continue our relationship and look forward to our planned partnership of additional communities over the next several months.

Key Points: 
  • We are excited to continue our relationship and look forward to our planned partnership of additional communities over the next several months.
  • "\n-Alcazar Apartments consists of 142 affordable apartments located in Kansas City, MO.
  • Founded in 1975, FOURMIDABLE currently manages 73 communities in 12 states, with approximately 7,599 units under management.
  • FOURMIDABLE is a member of the elite AMO (Accredited Management Organization) and is an approved management firm for HUD, MSHDA and other State Agencies.

Greystone Provides $28.4 Million in HUD-Insured Financing for Affordable Housing Property in Pembroke Park, Florida

Monday, April 19, 2021 - 2:53pm

b'NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $28.4 million HUD-insured loan to refinance a 198-unit multifamily property in Pembroke Park, Florida.

Key Points: 
  • b'NEW YORK, April 19, 2021 (GLOBE NEWSWIRE) -- Greystone , a leading national commercial real estate finance company, has provided a $28.4 million HUD-insured loan to refinance a 198-unit multifamily property in Pembroke Park, Florida.
  • The financing was originated by Eric Rosenstock, Managing Director in Greystone\xe2\x80\x99s New York office, on behalf of Centennial Management.\nThe $28,425,000 HUD-insured financing carries a 35-year term, along with a low, fixed interest rate.
  • Pembroke Gardens, located in Broward County, consists of thirteen, two-floor detached buildings with one-, two-, and three-bedroom units, and the property is income-restricted to residents earning 60% of Area Median income (AMI).
  • Loans are offered through Greystone Servicing Company LLC, Greystone Funding Company LLC and/or other Greystone affiliates.